Ltd. (CGS SG) is launching the CGS Fullgoal Singapore Next 50 Active ETF, which will be the first exchange-traded fund tracking the iEdge Singapore Next 50 Index. The fund uses a six-factor quantitative model that assesses stocks based on valuation, growth, earnings surprises, analyst sentiment, earnings quality, and market factors. The model ranks stocks and creates a portfolio of 30 to 50 companies, with holdings reviewed and rebalanced each month. The strategy aims to generate returns above the Next 50 Index whilst operating within set risk limits. The Singapore ETF marks the first use of Fullgoal’s quantitative framework for Singapore equities.