Singapore’s UOB Asset Management is set to launch a dividend-focused exchange-traded fund investing in Southeast Asian markets on the local bourse later this month, which will also be available to investors in China.
The UOBAM Ping An FTSE ASEAN Dividend Index ETF will be listed on the Singapore Exchange on January 29, the asset management firm says in a statement on January 8.
The fund invests in Indonesia, Thailand, the Philippines, Singapore and Thailand, members of the Association of Southeast Asian Nations or ASEAN.
It tracks the FTSE ASEAN ex REITs Target Dividend Index, which is designed to achieve 100% dividend yield increase compared to the underlying FTSE ASEAN Index. The ETF aims to pay dividends of at least 6% a year in 2026 and 2027.
The fund is part of the Singapore Exchange-Shenzhen Stock Exchange ETF Product Link, which allows investors in Singapore and China to trade ETFs listed on the two bourses.
According to Thio Boon Kiat, group chief executive officer of UOB Asset Management, dividend strategies have become increasingly important to boost income and long-term returns in an environment of declining interest rates.
“ASEAN is not only a source of strong dividend opportunities, but also a region of enduring growth potential, underpinned by favourable demographics, rising domestic consumption, and ongoing structural development,” he says.
UOB Asset Management managed S$39 billion (US$30.31 billion) of assets as of end-July 2025.
