Lion-Phillip S-REIT ETF (SG:CLR) has released an update.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Lion Global Investors Limited has announced that the Lion-Phillip S-REIT ETF will start engaging in securities lending and repurchase transactions to enhance portfolio efficiency from 23 August 2024. This is accompanied by amendments to the trust deed, clarifying the scope of these transactions, with no required action from unitholders. An updated prospectus reflecting these changes will be made available on their website.
For further insights into SG:CLR stock, check out TipRanks’ Stock Analysis page.