Amova Singapore STI ETF SGD (Acc) Class

Fund Description

Key Features

• 1

  Tracks the Straits Times Index (STI)

  The fund seeks to replicate as closely as possible, before expenses, the performance of the Straits Times Index (STI). The STI represents the top 30 companies listed on the Singapore Exchange (SGX-ST) Mainboard ranked by full market capitalisation. The index is compiled and calculated by FTSE International Limited. This provides investors with exposure to Singapore's leading listed companies through a single ETF

• 2

  Accumulating Share Class

  The SGD (Acc) Class automatically reinvests dividend payouts back into the fund instead of distributing them in cash. This allows investors' holdings to accumulate over time through dividend reinvestment. It removes the need for investors to manage cash dividend payouts themselves. The accumulation feature may appeal to long-term investors who prefer capital accumulation.

• 3

  Low-Cost ETF Structure

  The fund has a management fee of 0.09% per annum. Its total expense ratio is 0.24% per annum (audited as of the financial period ended 30 June 2025), with the total expense ratio capped at 0.25% per annum. The ETF is listed on the Singapore Exchange and is structured as an open-ended listed unit trust. It is valued daily and can be traded in lots of one unit.