CNA938 Rewind - Singapore’s first home-grown gold ETF hits SGX
A major milestone for investors – the LionGlobal Singapore Physical Gold ETF, Singapore’s first locally launched gold ETF, is set to debut on the Singapore Exchange on March 26, offering cost-efficient access to physical gold in both SGD and USD. This marks the first home-grown gold ETF listing in two decades, broadening access to safe-haven assets. Andrea Heng and Hairianto Diman speak with Ong Xun Xiang, Head of ETFs, Lion Global Investors, to find out the significance of having a gold ETF listed on the SGX and how it works.