A senior executive at an asset management fund who is looking into issuing an S-Reit ETF told BT: “The thing is that, right now, the tax regulation in Singapore is such that any Singapore fund ......
I wrote not too long ago why its strange fund companies do not come up with a non-synthetic index fund that tracks a basket of REITs in Singapore (Read Why A Singapore SGX S-REIT 20 ETF is Good for Singaporeans to Build Cash Flow Wealth and Financial Independence)
When I went to the REITs Symposium 2016, it is heartening to hear SGX’s Head of Research and Products Chan Kum Kong say that they are moving forward with this.
And hopefully, they have something to offer in the second half of 2016.
However, when more details were revealed, it seems that there is an explanation why such an ETF have not been brought to market.
