Subscribe to Q50 and receive up to S$500*
The CGS Fullgoal Singapore Next 50 Active ETF (SGX: Q50) is now open for subscription at S$1.00 per unit.
Subscribe through Phillip Nova from now till 24 Aug 2026 and receive S$10 cash credit for every S$5,000 subscribed.
Time left to lock in your cash credit
🔴 A new way to access Singapore's Next 50 ⚪
The CGS Fullgoal Singapore Next 50 Active ETF (SGX: Q50) provides actively managed exposure to Singapore-listed companies beyond the market’s largest 30.
The ETF invests at least 80% of its portfolio in constituents of the iEdge Singapore Next 50 Index, which represents the next 50 sizeable and tradable companies after Singapore’s largest 30.
Through a single ETF, Q50 gives investors access to a broader segment of the Singapore equity market.
Beyond the STI
Gain exposure to Singapore-listed companies outside the largest 30.
Actively managed
A systematic six-factor approach is used to select and weight stocks based on valuation, growth, earnings surprise, analyst sentiment, earnings quality and market factors.
Diversified in one ETF
Access Singapore’s Next 50 companies through a single SGX-listed product.
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Q50 IOP Subscription Details
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Key Information
| Phillip Nova (PNPL) Subscription Period | 17 Aug to 24 Aug 2026 |
| Listing Date | 3 Sep 2026 |
| Subscription Price | SGD 1.00 per unit |
| Minimum Quantity | 1,000 (in increments of 100 units) |
| Commission Fees | Zero Commission |
| Trading Currency | SGD |
| Allotment | Full Allotment |
| ETF Name | CGS Fullgoal Singapore Next 50 Active ETF |
| Reference Benchmark | iEdge Singapore Next 50 Index |
| Issue Price | SGD 1.00 per unit |
| Target Listing Date | 3 Sep 2026 |
| Base Currency | SGD |
| Trading Currency | SGD |
| SGX Code | Q50 |
| Trading Board Lot Size | 1 Share |
| Management Fee | 0.65% per annum of the Sub-Fund Asset; Maximum: 1.50% per annum of the Sub-Fund Asset. |
| Distribution Policy | Semi-annual distributions around June and December each year |
What is an Initial Offer Period (IOP)?
An Initial Offer Period (IOP) is the period before a new ETF begins trading on the stock exchange.
During the IOP, investors can subscribe for new ETF units at the initial offer price. After the IOP closes and Q50 is listed on SGX, its units can be bought and sold on the secondary market at prevailing market prices.
| Q50 Initial Offer Period (IOP) | 6 – 25 Aug 2026 |
| PNPL Q50 IOP Subscription Period | 17 – 24 Aug 2026 |
| Q50 begins trading on SGX | 3 Sep 2026 |
From now to 24 Aug 2026, subscribe to Q50 through Phillip Nova and receive S$10 for every S$5,000 subscribed*. You may buy or sell Q50 on the NOVA trading platform at prevailing market prices from 3 Sep 2026.
How to subscribe
To subscribe to the CGS Fullgoal Singapore Next 50 Active ETF (SGX: Q50), simply reach out to your account manager or contact our Client Service Desk at (65) 6538 0500 / nova@phillip.com.sg.
The NOVA Platform
- Access to Stocks, ETFs, Futures, Forex, CFDs, and more
- USD and SGD shares financing rate of only 4.5% p.a.
- Trade and invest on a single platform
- Access all contracts with just one account
- No custodian and platform fees
- Available on mobile, iPad, and desktop
- Charting powered by TradingView
No minimum funding required.