AmFraser Securities And PhillipCapital Launch Industry’s First Retail Allocation Reports On ETFs, With SGX’s Support

AmFraser Securities Pte Ltd (AmFraser) and Phillip Securities Pte Ltd, a member of PhillipCapital, are pleased to launch today the first retail ETF allocation reports produced by Singapore’s stockbroking firms, with support from Singapore Exchange Limited (SGX). To be issued monthly by AmFraser and PhillipCapital, these reports cover exchange traded funds (ETFs) listed on SGX.

In conjunction with this launch, AmFraser, PhillipCapital and SGX will conduct a series of marketing seminars in the next few months to educate investors on ETFs, and tap on the reports to help investors in making informed decisions in diversifying their portfolios through ETFs on equity and commodities indices.

AmFraser and PhillipCapital will issue separate reports starting today. These reports provide macro overviews and performance analyses of selected underlying markets of SGX-listed ETFs, with recommendations and adjustments for new ETF listings. They are available on the brokerages’ websites - www.amfraser.com.sg and www.poems.com.sg.

"It takes a paradigm shift to view ETFs in an innovative way so as to provide relevant investment solutions for our clients. Being an absolute returns portfolio, this report hopes to stimulate the average investor to take a portfolio approach, rather than investing purely into one or two stocks. AmFraser is excited to be pioneering this for the investor community, and hopes that the report will help educate and guide our clients to maximise the potential of these instruments – such as accessing overseas stock markets and other asset classes such as commodities," said Mr Ma Wei Tong, Managing Director & CEO, AmFraser Securities.

“Looking at the success of ETFs in financially advanced countries, we believe that ETFs will be a popular investment product in the near future. PhillipCapital is proud to be a partner with SGX to develop the ETF market in Singapore with this collaboration with SGX. We believe that PhillipCapital’s expertise in wealth management products and distribution through our online trading platform, Phillip’s Online Electronic Mart System (POEMS), will prove useful in promoting ETF trading to many investors. Our ETF reports aim to provide the investing public recommended ETFs for their investment portfolio for diversification purpose,” said Mr Loh Hoon Sun, Managing Director, Phillip Securities.

“Asset allocation is about the most important factor in sustainable investment portfolio growth. The current suite of 19 ETFs listed on SGX allows investors to construct a pan-Asian equities, commodities, gold and fixed income portfolio. We are pleased to work with our industry partners AmFraser Securities and PhillipCapital to provide the Singapore stockbroking industry’s first allocation reports on ETFs. We look forward to working with more industry partners on this worthy initiative,” said Mr Andrew Ler, SGX Senior Vice President and Head of Private Investors.

SGX has listed ETFs covering Singapore, Asia and the United States, as well as commodities.