CIMB launches Asean ETF

CIMB launches exchange-traded fund to attract institutional and private investors.

Malaysian banking group CIMB has listed a dollar-denominated exchange-traded fund ETF focused on the Asean region. The FTSEAsean 40 ETF listed in Singapore and claimed by CIMB to be the first of its kind, will track an index that holds the largest 40 stocks by market capitalisation from across Singapore, Malaysia, Thailand, Indonesia and the Philippines.

CIMB's selection criteria slants the ETF towards Malaysian and Sinaporean equities with 11 stocks each, followed by nine Thai stocks, seven Indonesian...

To continue reading, please login or register for free

Print Edition

FinanceAsia Print Edition

CONFERENCES

  • Green Bonds Southeast Asia

    25 May 2017  |  Singapore
    With Green Bonds globally reaching USD200 billion outstanding in 2016, from as little as 30bn just 4 years ago, can SE Asia corporations and ...
  • 2nd Compliance Summit Southeast Asia

    17 August 2017  |  Singapore
    The 2017 Compliance Summit Southeast Asia will take an in-depth look at the key compliance considerations today with a focus on regulation and new ...