Give me some Singapore ETFs that focus on the domestic economy.
7/25/2025 09:18am
While there are no ETFs in Singapore that specifically focus on the domestic economy, there are ETFs that have a significant domestic focus. The Monetary Authority of Singapore (MAS) has been actively promoting the domestic stock market through its Equity Market Development Programme (EMDP). As part of this programme, MAS has allocated funds to asset managers to invest in local stocks, with a focus on increasing liquidity and broader investor interest in companies listed on the Singapore stock exchange.
Here are some ETFs that have a domestic focus or are tied to Singaporean issuers:
1. **Amova E Fund ChiNext Index ETF (CXT)**: This ETF, launched by Nikko Asset Management, offers exposure to China's new economy and is listed on the Singapore Exchange. It is tied to the E Fund's onshore ETF and provides efficient access to China's entrepreneurial spirit and technological advancement.
2. **SGX ETFs**: The Singapore Exchange (SGX) offers a range of ETFs that have a domestic focus or are tied to Singaporean issuers. These ETFs cover various sectors, including the real estate investment trust (REIT) sector, which is a key component of the Singaporean stock market.
It's important to note that while these ETFs have a domestic focus, they may still have exposure to other regions or markets. Investors should carefully review the investment objectives, strategies, and holdings of any ETFs to ensure they align with their investment goals and risk tolerance.