Two additional ETFs – Nikko AM Singapore STI ETF (Stock code: G3B) and ABF Singapore Bond Index Fund (Stock code: A35) have been classified as Excluded Investment Products (i.e. Non-Specified Investment Products) since 30 April.
Investors can now trade four ETFs without having to be pre-qualified, including CIMB FTSE ASEAN 40 ETF (Stock code: M62 and QS0) and CIMB S&P Ethical Asia Pacific Dividend ETF (Stock code: P5P and QR9) that have been classified as EIP since 16 January 2013.
Currently, ETFs are included under the list of Specified Investment Products (SIP) unless otherwise stated. Investors who wish to trade SIPs are required to be pre-qualified by the brokers through the Customer Account Review or take the SGX Online Education Programme.