It has been all over the local business news recently, with the impending launch of a new REIT ETF in the second half of October 2016. By now a number of financial and investment blogs would have talked about it, so I will just give my perspective on it as a Bedokian Portfolio investor.
The upcoming REIT ETF will track the SGX APAC ex Japan Dividend Leaders REIT Index1, which is consisted of 30 REITs across the Asia Pacific region (except Japan). From the product factsheet2, 59.05% of the dividends came from Australia, with Singapore second at 29.62%. The ETF also has a total expense ratio of 0.65% and the dividends are to be paid on a semi-annual basis. It would be dual listed on the local exchange, in US$ and S$.
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