Minimum Investment Size
Minimum transaction size is 10 units, or around US$1,000.*
*The estimate is reached by multiplying a board lot size of 10 units of PAIF by the initial price of the US$100 per unit (the actual market price will vary from time to time), excluding brokerage commissions, transaction costs etc.
Dealing in Larger Sizes
For larger transaction sizes, please consult your financial advisor.
Market Professionals may participate in cash creation and redemption through Market Makers (MMs) and Authorized Participants (APs).
Minimum Dealing Size
10,000 units (the dollar amount can be found by multiplying the fund's NAV with the number of units) or in multiples thereof.
Daily Dealing Limit
Cash redemption is limited to 1.5 million units per dealing day^ (the dollar amount can be found by multiplying the fund's NAV with the number of units).
Up to a maximum of 0.5% of the creation and redemption amount.
The team’s purpose is to improve user experience whilst trading ETFs. The team can be leveraged by institutional and professional clients at any stage of their trading process.
^Dealing day refers to any day on which commercial banks are open for business in Singapore and Hong Kong, the Stock Exchange of Hong Kong is open for trading, and the Markit iBoxx ABF Pan-Asia Index in compiled and published.
**A dilution levy is an allocation of the funds trading costs paid by professional investors, the proceeds are held within the fund. The levy is used to protect the majority of investors from costs of trading by a minority.