Link: https://links.sgx.com/1.0.0/corporate-announcements/GT3ZYCQCC9QTPIWY/7fd00402b8ad1ffde2baad13f5d175fce59e76acf9e1d6983e2b95469e3ce6da

Summary:

• Fund Performance: The ETF delivered a 27.57% return in SGD terms for the year ending 31 December 2024.​

• Sector Highlights:

  • Top Performing Sectors: Communication Services (+82.6%) and Information Technology (+43.3%).​
  • Underperforming Sectors: Consumer Discretionary (-19.8%) and Real Estate (-9.4%).​

• Top Contributors:

  • Sea Limited (+162.9%)​
  • Flex Limited (+72.1%)​
  • DBS Group (+54.4%)​

• Key Detractors:

  • Mapletree Logistics Trust (-21.0%)​
  • Genting Singapore (-19.0%)​
  • CapitaLand Ascendas REIT (-9.2%)​

• 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 Singapore Low Carbon ETF Annual Report for the financial year ended 31 December 2024.