SGX Securities today welcomed the listing of Amova E Fund ChiNext Index ETF under the SZSE-SGX ETF Link, offering investors a new channel to access China’s innovation-led growth story. This is the first ETF in Singapore that tracks the ChiNext Index through an SGD-hedged fund class, providing investors with exposure to fast-growing, innovation-driven companies listed on the Shenzhen Stock Exchange while mitigating foreign exchange fluctuations.
Managed by Nikko Asset Management (Nikko AM), the ETF provides targeted access to companies in sectors such as technology, healthcare, and advanced manufacturing – key drivers of China’s transformation into a high-value economy. The ChiNext Index is known for featuring the 100 largest and most liquid growth-oriented companies that are aligned with China’s national priorities including digitalisation, green energy, and industrial upgrading.
Ng Yao Loong, Head of Equities, SGX Group, said, “The listing of the Amova E Fund ChiNext Index ETF on SGX adds to our suite of China A-Shares ETFs under the SZSE-SGX ETF Link. This launch is timely as it taps into rising investor interest in China’s innovation sectors and growth themes. We thank Nikko AM and E Fund Management for their continued trust and collaboration in expanding the range of high quality SGX-listed ETFs that meet investors’ evolving needs.”
Eleanor Seet, President and Director, Nikko Asset Management Asia Limited and Head of Asia ex-Japan, Nikko Asset Management, said, “We are honoured to partner with SGX in bringing Singapore’s first currency-hedged China ETF to market. This listing not only strengthens the ETF ecosystem in Singapore but also reflects our shared commitment to delivering innovative, investor-centric solutions. The ChiNext Index captures the pulse of China’s innovation economy, and through this ETF, we are enabling Singapore-based investors to access that growth with greater precision and effective currency risk management.”
The Amova E Fund ChiNext Index ETF complements the suite of Asia-focused ETF listings on SGX and expands the product shelf to 48 ETFs with combined assets under management (AUM) exceeding S$14 billion.
