Investing
2 Key (SGX) Singapore Exchange Listed ETFs Investors Should Know
By Seedly  •  January 17, 2022
Change #1: Minimum Board Lot Size of All SGX-Listed ETFs Will be Reduced to 1 Unit Before today, investing in SGX-listed ETFs could be prohibitive due to the minimum lot size requirement ranging anywhere from 5 units to 100 units. But from, today (17 January 2022), the minimum board lot size for ALL SGX-listed ETFs will be lowered to 1 unit. This will make investing in SGX-listed ETFs more accessible for investors and grant them more leeway for investment portfolio management. Here’s an illustration of how this works. As of 17 January 2021, 2.22pm, the Lion-Phillip S-REIT ETF (SGX: CLR) is trading at S$1.04 per unit. To invest in this Singapore Real Estate Investment Trust (REIT), you would have to buy at least 100 units which will cost you S$104 (I’m not including brokerage fees and etc. for the sake of simplicity here). But as of today, the minimum trade size for Lion-Phillip S-REIT ETF will be traded in multiples of $1.04 based on the NEW board lot size of 1 unit....
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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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