Shares & Derivatives
Another Bond ETF is Coming
By The Bedokian Portfolio  •  July 28, 2018
Nikko Asset Management (Nikko AM) had just announced it would list an ETF on the Singapore Exchange (SGX) on 27 Aug 2018. The new ETF, called the Nikko AM SGD Investment Grade Corporate Bond ETF (which I will shorten it to “the Fund”), tracks the iBoxx SGD Non-Sovereigns Large Cap Investment Grade Index.
About
This is a bond fund, similar to Nikko AM’s other offering, the ABF Singapore Bond Index Fund, which holds Singapore government and quasi-sovereign/supranational bonds. 
The Fund is Singapore dollar denominated, meaning all of the underlying assets are in SGD, although 74.8% of them are issued in Singapore. Being corporate bonds, the maturity date is shorter than that of government ones, averaging 4.7 years.
As the Fund’s name imply, it holds investment grade bonds ranging from AAA to BBB- under the Standard & Poor’s credit ratings. Also, the total expense ratio is about 0....
...
Read the full article
By The Bedokian Portfolio
My first encounter with the financial markets started in the aftermath of the 2008/2009 Global Financial Crisis. Before this, I had no notion of what investment and trading were, although I had learned about economics, business management and accounting back in my university studies. I was a trader when I first started, albeit an amateurish one, and trading was just a side hobby of mine ...
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance