Phillip Capital launches Phillip SING Income ETF on SGX Mainboard

SINGAPORE (Oct 1): Phillip Capital Management today announced the expansion of its exchange traded funds with the launch of the Phillip SING Income EFT (SING INC) on the Singapore Exchange (SGX) Mainboard.

A Sub-Fund of Phillip Legacy Funds, the SING INC aims to replicate and track the Morningstar Singapore Yield Focus Index, which use quantitative, ruled-based methodology to select stocks listed on the SGX Mainboard to provide better risk-adjusted return.

With this, the ETF allows investors to gain exposure to stocks with sustainable and growing dividends, while avoiding high-dividend stocks that may suffer from dividend cuts or share price declines.

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