Introducing the LionGlobal Singapore Physical Gold ETF

Learn more and subscribe online to the LionGlobal Singapore Physical Gold ETF from 6 March 2026 to 20 March 2026. To be eligible, orders must be placed before 11:00am on 20 March 2026 for Cash Account subscription and before 09:30am on 20 March 2026 for Auto-Sweep Account subscription.

FSMOne.com
FSMOne.com06 Mar 2026 9870 Views
Introducing the LionGlobal Singapore Physical Gold ETF

Q&A Series: First gold ETF backed by allocated gold insured and vaulted in Singapore



LionGlobal Singapore Physical Gold ETF is the first gold ETF backed by physical gold, insured and vaulted in Singapore. The Fund seeks 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. This is Singapore’s first listed share class of an existing commodities fund.

The 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.

Key ETF Information

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.

Manager / Trustee

Manager: Lion Global Investors Limited

Trustee: Standard Chartered Trust (Singapore) Limited

Fees and Charges Payable by the Sub-Fund

Annual Management Fee

ETF USD Class (Acc):

         Currently 0.39% p.a., Maximum 2% p.a.

         The annual management fee is retained by the Managers as the Managers do not pay any trailer fees with respect to the 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.

ETF Listing and Trading Information

Indicative Listing Date

26 March 2026 on the Singapore Exchange

Board Lot Size

1 share

SGX Trading Name & Stock Code

Primary Currency (US$): Lion SG Phy Gold US$ - GLU

Secondary Currency (S$): Lion SG Phy Gold S$ - GLS

Trading Currencies

Primary Currency: United States dollar (USD)

Secondary Currency: Singapore dollar (SGD)

Application Information

IOP Open Date

6 March 2026 at 9:00am

IOP Application using Cash Close Date

20 March 2026, 11:00am

IOP Application using Auto-Sweep Close Date

20 March 2026, 09:30am

Minimum Application Size

100 units and in multiples of 100 units

Subscription Price

USD 5.00 per unit[1]

Promotion

Enjoy up to S$100 cashback for investing in the LionGlobal Physical Gold ETF.

From 6 March 2026 to 30 April 2026, enjoy up to S$100 cashback when you invest in the Lion Global Investors Physical Gold ETF. Investors will receive cashback according to the total amount they invest both during the IOP subscription period (from 6 March 2026 to 30 April 2026) as well as when the ETF is listed, till 30 April 2026.

How to Buy

1.       Clients to fund their Multi-Currency Cash Account for the total subscription amount including the processing fees and GST of 9%.

2.       Login to FSMOne.com and proceed to subscribe online:

·         Click here to Subscribe

·         Indicate your quantity of shares and select the payment method

·         Read and acknowledge the declaration

·         Key in password and click submit 

3.       Upon the completion of the IOP subscription, clients will receive an acknowledgment email regarding the IOP subscription order.

4.       Upon the completion of the allocation, we will notify clients of the final allocation results.

5.       FSMOne will send clients a subscription confirmation email once the details are confirmed by our dealers.

6.       The allotment for this issue will be in full, subject to receipt and clearance of subscription monies. There will be no balloting.

Click Here to Go to the Prospectus

Other important notes:

·         IOP subscription fee: 0.08% + GST on the subscription fees

·         Only personal accounts can apply for the subscription

·         Please note that after confirming your order placement (with the investment amount in Cash Account), your subscription / application cannot be cancelled.

Terms and Conditions:

  1. This offering is open from 6 March 2026 to 20 March 2026. To be eligible, orders must be placed before 11:00am on 20 March 2026 for Cash Account subscription and before 09:30am on 20 March 2026 for Auto-Sweep Account subscription.
  2. The subscription must meet the minimum investment amount as set out above.
  3. CPFIS-OA, CPFIS-SA, SRS and RSP transactions are not eligible.
  4. iFAST reserves the right to amend the Terms and Conditions without prior notification.  All matters and disputes will be subject to the final decision of the company.

If you have any questions, please contact our client service hotline at +65 6557 2853.



[1] The Issue Price of each Unit during the Initial Offer Period is US$5.00 (or such other amount as may be determined by Manager from time to time with the prior approval of the Trustee).

All materials and contents found in this site are strictly for general circulation and informational purposes only and should not be considered as an offer, or solicitation, to deal in any of the funds or products found/identified 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 report 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 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. In respect of any matters arising from, or in connection with the said research analyses or research reports, recipients of the report are to contact IFPL at 10 Collyer Quay, #26-01 Ocean Financial Centre Building, Singapore 049315, or by telephone at +65 6557 2853. Where the report contains research analyses or research reports from a foreign research house and if the recipient of such research analyses or research reports is not an accredited investor, expert investor, institutional investor or an ex-accredited investor, IFPL accepts legal responsibility for the contents of such analyses or reports to such persons only to the extent as required by law. Please note that only certain security(ies) herein are available to all investors, while the rest are only available for certain persons to invest in, such as Accredited Investors (as defined in the Securities and Futures Act) or one who invests at least S$200,000 (or its equivalent currency) per transaction. To qualify as an Accredited Investor, one needs to submit a declaration form and certain relevant supporting documents, according to iFAST’s prevailing policies and procedures.

Please read our full disclaimers on the website at ( https://secure.fundsupermart.com/fsmone/policies/328125/investment-account-terms-&-conditions).

iFAST Financial Pte Ltd (IFPL) (registered address: 10 Collyer Quay #26-01 Ocean Financial Centre Singapore 049315, Telephone: 6557 2000) holds the Financial Advisers Licence issued by the Monetary Authority of Singapore ('MAS') to conduct regulated activities of advising on securities, marketing of collective investment schemes and arranging of any contract of insurance in respect of life policies, other than a contract of reinsurance and the Capital Markets Services Licence issued by the MAS to conduct regulated activities of dealing in securities and providing custodial services for securities. While IFPL has made every effort to ensure the independence of the report's contents, IFPL's nature of business is such that IFPL and its connected and associated entities together with their respective directors, officers and staff may be involved in providing dealing or investment-related services in the abovementioned securities, and have taken or may take positions in the securities mentioned in this report, and may also act as the principal for any buy or sell trades.