Think of it as the part two to my previous post.
The full name of the new REIT ETF is actually Phillip SGX APAC Dividend Leaders REIT ETF. From the official website, it states that it “seeks to provide a high level of income and moderate long-term capital appreciation by tracking the investment results of 30 publicly traded equity REITs in the Asia Pacific ex-Japan region.”
What makes it somewhat special is that “the ETF follows a smart beta strategy which will rank and weight the underlying REITs according to dividends paid, with the aims of enhancing returns above that of traditional market-cap weighted ETFs”.
Traditional index funds are put together by market-cap weightings. And then there are different ways of assembling index funds that don’t rely on market-cap weightings, such as the Phillip SGX APAC Dividend ...