UOB Asset Management (UOBAM) is set to launch the UOBAM Ping An FTSE ASEAN Dividend Index ETF on 29 January 2026. This exchange-traded fund (ETF) will be the only dividend-focused ASEAN ETF listed on the Singapore Exchange and is part of the Singapore Exchange-Shenzhen Stock Exchange (SGX-SSE) ETF Product Link. The ETF tracks the FTSE ASEAN ex REITs Target Dividend Index, aiming for a 100% dividend yield increase compared to its underlying index.
The ETF will invest in leading companies across five key ASEAN markets—Singapore, Indonesia, Thailand, Malaysia, and the Philippines—providing exposure to the region’s growth potential. Notable constituents include Singapore’s DBS Group, OCBC, and UOB, as well as Malaysia’s Malayan Banking and Thailand’s PTT. The ETF aims to pay dividends of at least 6% per annum in 2026 and 2027, one of the highest among Singapore-listed ETFs.
Thio Boon Kiat, Group CEO of UOBAM, highlighted the importance of dividend strategies amidst declining interest rates, stating, “ASEAN is not only a source of strong dividend opportunities but also a region of enduring growth potential.”
The initial offering period for the ETF opened on 7 January 2026, with subscriptions available through various platforms, including UOB’s and OCBC’s ATMs and internet banking. Once listed, the ETF will be tradable in both SGD and USD. This initiative is part of a collaboration with FTSE Russell and Ping An Fund Management, aiming to offer investors a cost-efficient way to access ASEAN markets.
