CSOP CSI STAR and CHINEXT 50 Index ETF
(SGD Counter Stock Code: SCY)
About CSOP CSI STAR and CHINEXT 50 Index ETF
The investment objective of the Sub-Fund is to provide investment results that, before fees, costs and expenses (including any taxes and withholding taxes), closely correspond to the performance of the CSI STAR & CHINEXT 50 Index. The Sub-Fund is a feeder fund, which in seeking to achieve its investment objective, will primarily hold units in the China Southern CSI STAR and CHINEXT 50 ETF (the “Underlying Fund”).
The Underlying Fund is an exchange traded fund listed on the Shenzhen Stock Exchange (“SZSE”) that tracks the performance of the Index. The investment objective of the Underlying Fund is to track the Index by adopting a full replication strategy, with minimum tracking deviation and tracking error.
Initial Offering Period (IOP) Subscription
| IOP Application (CGS International) | 08 Dec 2022 – 16 Dec 2022 |
| Closing Date | 16 Dec 2022 (5pm) |
| Payment Received by Date | 19 Dec 2022 (5pm) |
| Issue Price | SGD 1.00 (SGD class only for IOP) |
| Brokerage | 0.08% (min. SGD 8.00) |
| Transfer Fee | SGD 10.00 plus GST |
| Mode of Payment | Cash Only (Contact us to learn more) |
| Minimum Subscription | 1,000 units (increments of 1,000 units) |
| Excluded / Specified Investment | Excluded (EIP) |
| Listing Date | 30 Dec 2022 |
Fund Information
| SGX-ST Listing Date | 30 December 2022 |
| Financial Year | 31 December |
| Asset Class | Equity |
| Domicile | Singapore |
| Total NAV (USD) |
| Outstanding Shares | |
| Management Fee | Currently 0.89% per annum of the NAV Maximum of 1.50% per annum of the NAV |
| Ongoing Charges Over A Year (TER)# | 2.70% |
| Base Currency | RMB |
# As the Sub-Fund is newly set up, this figure is a best estimate only and represents the sum of the estimated ongoing charges over a 12-month period, expressed as a percentage of the estimated average NAV over the same period. It may be different upon actual operation of the Sub-Fund and may vary from year to year.
Underlying Index Information
| Underlying Index | CSI STAR & CHINEXT 50 Index |
| Index Provider | China Securities Index Co., Ltd. (“CSIC”) |
| Index Methodology | https://www.csindex.com.cn/ |
| Bloomberg Ticker | SH931643 |
| Reuters Code | .CSI931643 |
Trading Information
| SGD Counter | |
| Trading Currency | SGD |
| Trading Board lot | 1 |
| Bloomberg Ticker | SCY SP Equity |
| SGX Counter Name | CSOP STAR&CHINEXT50 SGD |
| Stock Code | SCY |
| Primary Exchange Time Zone | GMT+8 |
| Date of Listing / Dealing | 30 December 2022 |
| Exchange | SGX-ST – Main Board |
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