SGX boosts ASEAN income access with listing of UOBAM Ping An dividend ETF
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Singapore Exchange (SGX) has listed the UOBAM Ping An FTSE ASEAN Dividend Index ETF, enhancing access to income-focused Southeast Asian equities. Managed by UOB Asset Management, the ETF tracks 57 large- and mid-cap companies across the region, aiming for higher dividend yields. This listing expands SGX's ETF offerings to 52, with over S$18 billion in assets, reinforcing its role as a key venue for Asia-centric investment products. The recent analyst rating for SGX stock is a Buy with a price target of S$21.00.
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