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Nikko AM Singapore STI ETF ( (SG:G3B) ) has provided an announcement.
Amova Asset Management Asia Limited, manager of the Amova Singapore STI ETF, is introducing a technical change to how the fund’s unit prices are calculated. The ETF, which tracks Singapore’s Straits Times Index, will continue to serve investors seeking local equity market exposure under an updated trust structure and prospectus.
With effect from 17 March 2026, the ETF will switch its issue and redemption price calculation from rounding to truncation at four decimal places, a move that fine-tunes how net asset value per unit is expressed. The trust deed will be amended on the same date to reflect this pricing change and editorial updates, with the manager stressing that investors need not take any action and that their unitholdings remain unaffected.
An updated prospectus incorporating these revisions will be registered with the Monetary Authority of Singapore around 17 March 2026 and made available on the manager’s website. The amended trust deed will also be open for inspection at the manager’s Singapore office during normal business hours, providing transparency to unitholders on the legal and operational framework of the ETF.
More about Nikko AM Singapore STI ETF
Amova Asset Management Asia Limited manages the Amova Singapore STI ETF, an exchange-traded fund that tracks the Straits Times Index in Singapore. The manager provides ETF investment products to investors seeking exposure to Singapore’s equity market and operates under a regulated framework overseen by the Monetary Authority of Singapore.
Average Trading Volume: 446,047
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