LION SG PHY GOLD US$ Public tranche
SGX
Exchange
USD 5.000
Offer Price
100 Shares
Lot Size
20 Mar 2026 9:30 AM
SGD Auto-Sweep Subscription Cut-off
20 Mar 2026 9:30 AM
USD Auto-Sweep Subscription Cut-off Date
20 Mar 2026 11:00 AM
Cash Account Subscription Cut-off Date
25 Mar 2026
Allotment Date
26 Mar 2026
Listing Date
IPO / Placement Info
Issuer/Issue Info
Key Information
The following table is a summary of key information in respect of the Fund and should be read in conjunction with the full text of the Prospectus. Trading Currency on Primary Market, ETF USD Class Units – United States dollar (USD).
| Instrument Type | ETF USD Class (Acc) of a precious metals fund |
| Reference Price | LBMA Gold Price AM |
| Dividend Distribution | None |
| Investment Objective | The investment objective of the Sub-Fund is to track as closely as possible, before fees and expenses (including but not limited to hedging costs where applicable), the performance of the LBMA Gold Price AM. |
| Investment Process | To achieve its investment objective, the Sub-Fund invests in Gold, meaning gold bars or ingots of a minimum fineness of 99.5% that have been produced by refiners on the LBMA Good Delivery List and which are either compliant with the LBMA Good Delivery Rules or otherwise approved by the MAS. |
| Indicative Listing Date | 26 March 2026 |
| Exchange Listing | SGX-ST |
| SGX Counter Name |
Primary Currency (US$): Lion SG Phy Gold US$ |
| Stock Code | Primary Currency (US$): GLU Secondary Currency (S$): GLS |
| Trading Board Lot Size | 1 |
| Base Currency | United States dollar (USD) |
| Trading Currencies |
Primary Currency: United States dollar (USD) |
| Annual Management Fee |
ETF USD Class (Acc):
|
| Annual Trustee Fee | Currently 0.01% p.a. |
| Custodian Fee | The Custodian fee payable is subject to agreement between the Trustee and the Custodian and may exceed 0.10% of the Net Asset Value of the Sub-Fund depending on, amongst others, the number of transactions carried out. |
| Other Fees and Charges | Other fees and charges include fund administration and valuation fees, legal fees, audit fees, transaction fees, costs relating to the Sub-Fund’s purchase of Gold from or sale of Gold to the Gold Provider, accounting fees, licensing fees, transaction processing and cash processing fees. Such fees and charges are subject to agreement with the relevant parties and may amount to or exceed 0.10% of the Net Asset Value of the Sub-Fund, depending on the proportion each fee or charge bears to the Net Asset Value of the Sub-Fund. |
| Investor Profile | The Sub-Fund is only suitable for investors who are comfortable with the volatility and risks of a physical gold fund which seeks exposure to Gold. |
Prospectus
Subscription Info
Fees
USD 0
Subscription Fee
0.08%
IPO / Placement Processing Fee
9% on each item
Goods and Services Tax (GST)
(Applicable to Singapore Tax Resident on all commission and all exchange related fees in accordance with the GST Act in Singapore.)
Eligibility
Each applicant can only submit one application for each IPO / Placement deal through iFAST Financial Pte Ltd or its affiliated platforms.
Subscription Process
-
Top up your Cash Account.
- Use the IPO / Placement Calculator to calculate the amount of funds you will require for your IPO / Placement subscription.
- Use FAST Transfer to transfer funds into your SGD cash account.
-
Perform an instant foreign currency conversion to the currency cash account for the IPO / Placement.
Note that USD TT transfers will not be accepted for SGX IPO / Placement subscriptions due to the settlement time required. USD cheque deposits are also not accepted.
- Click on Subscribe Now and submit your application details. Please note that your application cannot be processed if there are insufficient monies in the product currency cash account or when the quantity is invalid.
- Please note that you are not allowed to cancel your subscription after you have confirmed your order placement.
- You will receive an email notification on your subscription once it has been confirmed. Alternatively, you can view your subscription under Stocks > IPOs / Placements > Subscription Details
- Upon publication of the allotment results, you will receive another email notification on your allocation. All unsuccessful subscription monies and the relevant IPO / Placement subscription fees will be refunded into your IPO currency cash account.
- Your portfolio will be updated with your credited IPO / Placement shares and ready for trading on the first day of listing.
- Auto-Sweep Account may be allowed for selected subscription and is subjected to different cut-off timing. You can view the subscription details under Stocks > IPOs / Placements. FSM Global will execute the FX conversion on your behalf if FX is required. All unsuccessful subscription monies and the relevant IPO / Placement subscription fees will be refunded back into Cash Account of the product currency instead of Auto-Sweep Account.
IPO / Placement Calculator
IPO / Placement Calculator
All materials and contents found in this Site are strictly for information purposes only and should not be considered as an offer, or solicitation, to deal in any of the funds or products found in this Site. While iFAST Financial Pte Ltd ("IFPL") has tried to provide accurate and timely information, there may be inadvertent delays, omissions, technical or factual inaccuracies and typographical errors. Any opinion or estimate contained in this Site is made on a general basis and neither IFPL nor any of its servants or agents have given any consideration to nor have they or any of them made any investigation of the investment objective, financial situation or particular need of any user or reader, any specific person or group of persons. You should consider carefully if the products you are going to purchase into are suitable for your investment objective, investment experience, risk tolerance and other personal circumstances. If you are uncertain about the suitability of the investment product, please seek advice from a financial adviser, before making a decision to purchase the investment product. Past performance is not indicative of future performance. The value of the investment products and the income from them may fall as well as rise. Opinions expressed herein are subject to change without notice.