Personal Finance
What Nikko AM ETFs’ Smaller Board Lot Size Mean For You As An Investor
By Seedly  •  August 19, 2019

Nikko Asset Management Logo

With effect from 19 August 2019, Nikko Asset Management Asia Limited has reduced its board lot size of four exchange-traded funds (ETFs) from 100 units to 10 units.

The four ETFs that are affected are:

ABF Singapore Bond Index Fund (SGX: A35) Nikko AM Singapore STI ETF (SGX: G3B) NikkoAM-StraitsTrading Asia ex Japan REIT ETF (SGX: CFA) Nikko AM SGD Investment Grade Corporate Bond ETF (SGX: MBH)

This is good news for retail investors, like you and I, as we have more flexibility when it comes to investing our hard-earned money.

For beginner investors who are just starting out, here’s why this announcement is good news for you.

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By Seedly
Launched in 2016, Seedly helps users make smarter financial decisions with its budgeting app which allows its 40,000 users to sync up their financial accounts and better manage their cash-flow. Last year, we introduced a new community feature which allows users to crowdsource knowledge from peers before making a financial decision.
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