Link: https://links.sgx.com/1.0.0/corporate-announcements/LVUJZMB1RUXZSOU1/cf4f96e62ec3cdb3195e3202b7046aab77c394c9ff2617f29706b87d6e9eb3f6

Summary:

• Fund Performance: The ETF delivered a 30.98% return in SGD terms for the year ending 31 December 2024.​

• Sector Highlights:

  • Top Performing Sector: Financials (+49.1%)​
  • Underperforming Sectors: Real Estate (-14.1%) and Health Care (-10.5%)​

• Top Contributors:

  • Tencent (+43.6%)​
  • Meituan (+84.2%)​
  • Xiaomi (+111.9%)​

• Key Detractors:

  • Kweichow Moutai (-8.4%)​
  • Li Auto (-35.0%)​
  • LONGi Green Energy Technology (-30.1%)​

• Market Environment: The ETF's performance was influenced by global monetary easing, with the Federal Reserve initiating rate cuts and China implementing policies to stimulate economic growth.​

Note: All data is sourced from the Lion-OCBC Securities China Leaders ETF Annual Report for the financial year ended 31 December 2024.