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UOBAM Announces Changes to Ping An ChiNext ETF Operations

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UOBAM Ping An ChiNext ETF Units ( (SG:CXS) ) just unveiled an update.

UOB Asset Management Ltd announced a change for the UOBAM Ping An ChiNext ETF, effective on or around December 11, 2025. The change allows the company to require participating dealers to pay cancellation compensation for creation or redemption application cancellations, covering costs like brokerage fees and any losses incurred by the fund. This update will be reflected in the prospectus and trust deed, available from the effective date, potentially impacting the fund’s operational procedures and stakeholder interactions.

More about UOBAM Ping An ChiNext ETF Units

UOB Asset Management Ltd is a financial services company that manages the UOBAM Ping An ChiNext ETF, a sub-fund of the United ETF Series 1. The company focuses on managing investment funds and providing asset management services in various markets, including Singapore, Brunei, Indonesia, Japan, Malaysia, Taiwan, Thailand, and Vietnam.

Average Trading Volume: 28,206

See more data about CXS stock on TipRanks’ Stock Analysis page.

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