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 for longer term) but just to share the sentiments of the ETFs at the moment.

Are you vested in any of these ETFs? What is your view so far?

Cheers!

Note : I am not vested in any of these ETFs at the point of writing this post.