The NikkoAM-StraitsTrading MSCI China Electric Vehicles And Future Mobility ETF is the first SGX listed ETF to offer investors access to Chinese companies that are expected to derive significant revenues from energy storage technologies (including electric vehicles), autonomous vehicles, shared mobility and new transportation methods. The Fund aims to achieve long term capital growth by replicating the returns of the MSCI China All Shares IMI Future Mobility Top 50 Index.
Info from NikkoAM
The ETF is now available for purchase during the initial offer period from 3 – 14 January 2022.
Not much hype in the blogsphere about this IPO. Maybe due to the China tech stock crack down?
For me I will skip this IPO for 2 reasons:
1. I am not a fan of EV
2. I am not confident with China government after the recent tech stock crack down
However, I will still keep an eye on it performance when the ETF get listed.
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