The Singapore Exchange (SGX) has announced the listing of the LionGlobal Short Duration Bond Fund (Active ETF SGD Class), the country’s first actively managed bond exchange-traded fund (ETF). This innovative financial product combines the flexibility of an ETF with the proven track record of an active fund manager, offering investors a new tool for portfolio diversification.
Managed by Lion Global Investors, the ETF is a share class of the LionGlobal Short Duration Bond Fund, originally launched in 1991. The fund aims to achieve total returns through capital growth and income by investing in a diversified portfolio of high-quality short-term bonds from both Singapore and global issuers. Available in both SGD and USD under the SGX codes SBO and SBV, the ETF caters to a broad range of investor needs.
Ng Yao Loong, Head of Equities at SGX Group, highlighted the significance of this listing, stating, “This listing reflects the growing investor demand for differentiated fixed income solutions and marks a new chapter in the evolution of our ETF market.” Chu Toh Chieh, Head of Fixed Income and Multi-Asset Solutions at Lion Global Investors, noted the fund’s success, revealing that the assets under management (AUM) have surpassed S$2 billion, with S$141.3 million raised during the Initial Offer Period.
The launch comes at a time of increasing interest in active ETFs globally, with such funds outnumbering passive ETFs in the US for the first time in June 2025. With this addition, SGX now hosts 50 ETFs, with combined AUM exceeding S$16b.