The Lion-OCBC Securities Singapore Low Carbon ETF was launched recently on 28 April 2022.
And the more I look at it, the more it looks like an improved and greener version of the Straits Times Index (STI).
Singapore centric, heavier allocation to technology, and a strong ESG (low carbon) focus.
And very strong historical returns.
So… is this ETF worth a buy?
Note: This post was sponsored by OCBC Securities. All views and opinions expressed in this post are from Financial Horse.
Basics: What is Lion-OCBC Securities Singapore Low Carbon ETF
Very simply – this is an ETF that tracks the top 50 Singapore companies ranked by Free-Float Market Capitalisation (including Real Estate Investment Trusts and Business Trusts), with lower carbon footprint.
Or in other words – it’s Singapore Index 2.0 with an ESG and decarbonisation tilt.
How is the iEdge-OCBC Singapore Low Carbon Select 50 Capped Index created?
The Lion-OCBC Securities Singapore Low Carbon ETF tracks the iEdge-OCBC...