The latest announcement is out from United SSE 50 China ETF ( (SG:JK8) ).
UOB Asset Management Ltd announced significant changes to the United SSE 50 China ETF, effective March 2025. The fund will switch from tracking the SSE 50 Index to the FTSE China A50 Index, aiming for better performance metrics and cost efficiency. The fund’s name will change to UOBAM FTSE China A50 Index ETF, and it will introduce dual currency trading in SGD and USD. These changes are expected to enhance the fund’s appeal to offshore managers and improve liquidity, potentially impacting investors through adjustments in foreign exchange and price slippage fees.
More about United SSE 50 China ETF
UOB Asset Management Ltd (UOBAM) is a prominent asset management company operating across several Asian markets, including Singapore, Brunei, Indonesia, Japan, Malaysia, Taiwan, Thailand, and Vietnam. The company manages a variety of investment funds, focusing on providing asset management services tailored to meet the diverse needs of its clients.
YTD Price Performance: -2.68%
Average Trading Volume: 10,714
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