Amova Singapore STI ETF's portfolio is highly concentrated, though generally reflective of the opportunity set available to peers in the Singapore equity Morningstar Category. It is managed by Amova’s Singapore-based team, which runs a small portion of the firm's overall passive assets under management. At a global level, Amova has a long history in passive fund management and is well-equipped in the space. As a result, the strategy earns a Process rating of Average and a People rating of Above Average. The exchange-traded fund was renamed from Nikko AM Singapore STI ETF effective Sept. 1, 2025, following the firm's rebranding.
Amova Singapore STI ETF SGD (DIst) Class G3B
Morningstar’s Analysis G3B
Will G3B outperform in the future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 82.2
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
DBS Group Holdings Ltd | 29.76 | 580M | Financial Services |
Oversea-Chinese Banking Corp Ltd | 19.33 | 377M | Financial Services |
United Overseas Bank Ltd | 9.92 | 193M | Financial Services |
Singapore Telecommunications Ltd | 5.98 | 116M | Communication Services |
Singapore Exchange Ltd | 3.49 | 68M | Financial Services |
Singapore Technologies Engineering Ltd | 3.12 | 61M | Industrials |
Keppel Ltd | 2.99 | 58M | Industrials |
CapitaLand Integrated Commercial Trust | 2.70 | 53M | Real Estate |
Jardine Matheson Holdings Ltd | 2.47 | 48M | Industrials |
Yangzijiang Shipbuilding (Holdings) Ltd | 2.43 | 47M | Industrials |