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The ETF is issued by Lion Global Investors, a subsidiary of Great Eastern Holdings and part of the OCBC group. It will trade in both Singapore dollars (SGD) and US dollars (USD) under tickers GLS and GLU respectively.
The initial offer period runs from Mar 6 to Mar 20, during which investors can subscribe through several brokerages. Participating dealers include DBS Vickers Securities, iFAST Financial, Lim & Tan Securities, Maybank Securities, Moomoo, OCBC Securities, Phillip Securities, and Tiger Brokers Singapore. OCBC customers can also subscribe via ATMs and its digital banking platforms.
The ETF will be backed by physical gold stored and insured in Singapore, offering investors a cost-efficient way to gain exposure to gold without directly holding bullion. It aims to closely track the London Bullion Market Association Gold Price AM benchmark and will invest in LBMA Good Delivery gold bars, which meet strict industry standards.
The launch follows the December 2025 debut of the LionGlobal Singapore Physical Gold Fund, which has already accumulated S$502.2 million in assets under management.
Gold demand has surged recently as investors seek safe-haven assets amid macroeconomic uncertainty and currency volatility. Strong central bank buying and investor demand pushed gold prices to a record US$5,597.23 per ounce on Jan 29, 2026.
Lion Global Investors said the ETF listing represents a natural step in expanding access to physical gold investments in Singapore, particularly as traditional asset allocations face increasing challenges.
Comments:
Nice to have an additional Gold ETF in SGX.
Good for Singaporean investors who are mindful on geo-political risks and estate tax.
Will be thinking through on either owning this or GSD.SI as part of portfolio.
