About a year ago, we made the decision to invest $1,000 every month on Lion-Phillip S-REIT ETF after it was announced in the Singapore Budget 2018 that REIT ETFs will be able to enjoy tax transparency (withholding tax of 17%) -
New Singapore Budget, New REIT Strategy!
We have sold all 12,000 units of Lion-Phillip S-REIT ETF after doing a review and concluded that it is unable to meet our target dividend yield of 5%. After holding it for 300+ days and including all the dividends collected, the total annualized return should be around
. Seems like there is a bug with the computation of average days leading to incorrect annualized return...
The tax transparency took effect on or after 1st July 2018 and I have been waiting for the latest dividend to make a more ...
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