Blog Post  Phillip SGX APAC Dividend Leaders REIT ETF - How Is It Doing After Almost A Week of Launch?

As a follow-up to my earlier post (click here to view) of the launching of the first ever home-grown REITS ETF - Phillip SGX APAC Dividend Leaders REIT ETF, it is almost a week now.

So how does the ETF perform so far?

From my earlier tracking, the ETFs launched with the following prices @ 20/10/2016:

Phillip SGX APAC Dividend Leaders REIT ETF (SGD) : SGD 1.294
Phillip SGX APAC Dividend Leaders REIT ETF (US$) : US$ 0.931

As at mid-day today (26/10/2016), the ETFs are traded at the following prices:

Phillip SGX APAC Dividend Leaders REIT ETF (SGD) : SGD 1.279 (down 1.16%)
Phillip SGX APAC Dividend Leaders REIT ETF (US$) : US$ 0.920 (down 1.18%)

Of course, this one-week performance doesn't mean anything to the mid-to-long term investors (which I personally think that ETFs is meant to hold ...


Read the full post on investopenly

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