Cash Creation / Redemption
Market Professionals may participate in cash creation and redemption through Authorized Participants (APs). Please click here for the list of APs.
Minimum Dealing Size
10,000 units (the dollar amount can be found by multiplying the fund's NAV with the number of units) or in multiples thereof.
Monthly Dealing Feature
Cash creation and redemption of any board lot sizes (10 units) can be undertaken by an AP on the last dealing day^ of each month.
Daily Dealing Limit
Cash redemption is limited to 1.5 million units per dealing day^ (the dollar amount can be found by multiplying the fund's NAV with the number of units).
Up to a maximum of 0.5% of the creation and redemption amount.
^Dealing day refers to any day on which commercial banks are open for business in Singapore and Hong Kong, the Stock Exchange of Hong Kong is open for trading, and the Markit iBoxx ABF Pan-Asia Index in compiled and published.