Lion Global Investors launches physical gold fund as access expands
The fund aims to track the LBMA Gold Price AM as closely as possible.
Lion Global Investors is launching the LionGlobal Singapore Physical Gold Fund, described as Singapore’s first insured physical gold fund with LBMA Good Delivery gold stored in Singapore.
The fund aims to track the LBMA Gold Price AM as closely as possible.
Standard Chartered Bank Singapore will serve as custodian, trustee, administrator, transfer agent, and gold provider. Distribution partners include OCBC, MariBank Singapore, Great Eastern, the Singlife Group, iFAST, GROW with Singlife, and dollarDEX.
Access will roll out in phases. OCBC and iFAST will offer the fund from 1 December. GROW with Singlife is running an initial subscription window from 18 to 28 November.
dollarDEX is set to onboard the product in December, whilst MariBank will add it through its app at a later date, with investments starting from $1. Great Eastern plans to make the fund available in 2026, including through ILP platforms.