SGX adds four Xtrackers UCITS trading lines in Singapore dollars

Four funds from Xtrackers (IE) plc joined the Singapore Exchange on 13 October, adding local trading lines for established US and developed-market equity benchmarks. SGX-ST’s admission notice set 09:00 that day as the effective start, following confirmation on 12 October.[1]

The Singapore lines trade in Singapore dollars and are eligible under the Supplementary Retirement Scheme. SGX published the following annual fund expense ratios with the launch.[2]

SGX says the International Central Securities Depository model allows units to move across participating European exchanges, connecting the new lines to the funds’ existing global asset pools. The change therefore gives investors a local dealing route into established funds. Moomoo’s exclusive distribution role applied to the pre-listing period.[2]

The MSCI World fund illustrates the currency distinction. DWS’s 30 September factsheet identifies the 1C share class, ISIN IE00BJ0KDQ92, as Irish domiciled, physically replicated and denominated in US dollars, with income accumulated. That is the same ISIN identified in SGX’s listing confirmation. DWS warns that an investor settling in a different currency remains exposed to the exchange rate between that currency and the fund or share-class currency.[3][1]

Paying for a unit in Singapore dollars changes the cash used for the purchase; it does not itself hedge the investment. As a simplified illustration, if a US-dollar unit value is unchanged while the dollar falls 5% against the Singapore dollar, its Singapore-dollar equivalent falls 5%, before trading costs and any price difference from net asset value. This is a currency-conversion example, not a return forecast.[3]

For brokers, the new lines change local access. Fund expenses, executable prices and currency exposure remain separate components of the customer’s investment outcome.

Report an error or submit an update