Phillip Capital Management launches the Leveraged & Inverse exchange-traded Products for Singapore Equities Traders
Singapore, 01 December 2021 – Award-winning Asian fund management company, Phillip Capital Management (S) Ltd today announced the launch of two exchange-traded products, namely Phillip MSCI Singapore Daily (2X) Leveraged Product and Phillip MSCI Singapore Daily (-1X) Inverse Product (“together as Phillip L&I Products”). Units of the products will commence trading on 01 December 2021. The products would seek to achieve a constant daily leveraged or inverse exposure, to the MSCI Singapore Index which covers about 85% of free-float market capitalization in the Singapore Exchange universe. “With the Phillip L&I Products, investors and traders can now take up positions depending