tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Amova Asset Management Announces Changes to Singapore STI ETF

Story Highlights
  • Amova Asset Management is re-designating existing ETF units and introducing a new class.
  • North Point Global Pte Ltd is appointed as a new designated market maker for the ETF.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

The latest update is out from Nikko AM Singapore STI ETF ( (SG:G3B) ).

Amova Asset Management Asia Limited has announced several changes to its Amova Singapore STI ETF, effective from September 2025. The existing units will be re-designated as ‘Class SGD (Dist) Units’ with a new counter name, while a new ‘Class SGD (Acc) Units’ will be introduced, reinvesting income and gains instead of distributing them. Additionally, North Point Global Pte Ltd will join as a new designated market maker alongside existing ones, enhancing market liquidity and potentially impacting investor engagement.

More about Nikko AM Singapore STI ETF

Amova Asset Management Asia Limited, previously known as Nikko Asset Management Asia Limited, operates in the financial services industry, focusing on managing exchange-traded funds (ETFs). The company manages the Amova Singapore STI ETF, which is a financial product that tracks the performance of the Straits Times Index, providing investors with exposure to Singapore’s stock market.

Average Trading Volume: 229,633

For detailed information about G3B stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1