A LION SHORT BOND S$ Public tranche
SGX
Exchange
SGD 1.000
Offer Price
1,000 Shares
Lot Size
23 Sep 2025 9:30 AM
SGD Auto-Sweep Subscription Cut-off
23 Sep 2025 9:30 AM
USD Auto-Sweep Subscription Cut-off Date
23 Sep 2025 11:30 AM
Cash Account Subscription Cut-off Date
26 Sep 2025
Allotment Date
29 Sep 2025
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 this Prospectus.
|
Instrument Type |
Active ETF SGD Class of an actively managed Fund |
| Reference Benchmark | 3-month Singapore Overnight Rate Average (SORA) plus 0.35% |
|
Listing Date |
29 September 2025 |
|
Exchange Listing |
SGX-ST |
|
SGX Trading/Counter Name |
Active ETF SGD Class (Dist) Units |
|
Stock Code |
Active ETF SGD Class (Dist) Units |
|
Trading Board Lot Size |
1 Unit |
|
Base Currency |
Singapore dollar (SGD) |
|
Class |
Active ETF SGD Class (Dist) Units |
|
Trading Currencies |
Active ETF SGD Class (Dist) Units |
|
Dividend Distribution |
Quarterly distributions at the Managers’ sole discretion |
|
Annual management fee |
• Currently 0.25% p.a. Maximum 1% p.a • The annual management fee is retained by the Managers as the Managers do not pay any trailer fees with respect to the [Active ETF SGD Class (Dist)] |
|
Annual trustee fee |
Currently 0.02% p.a. on the first S$100 million of the Net Asset Value and 0.015% per annum on the next S$400 million of the Net Asset Value and 0.01% per annum on the balance above S$500 million of the Net Asset Value, subject always to a minimum of S$8,000 p.a. (or as may be agreed between the Trustee and us) |
|
Custodian fee |
The Custodian fee payable is subject to agreement between the Managers and the Custodian and may exceed 0.10% of the Net Asset Value of the 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, 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 Fund, depending on the proportion each fee or charge bears to the Net Asset Value of the Fund. * Any legal set-up costs with respect to the Listed Classes which shall not exceed S$200,000 shall generally be amortised over a period of 3 years. |
|
Investor Profile |
The Fund is only suitable for investors who:
|
Prospectus
Subscription Info
Fees
SGD 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.
- 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
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