Dear AK,
I am SH, one of your many blog readers. I am currently 21 years old and i am planning to make my first investment through a STI ETF. (Still deciding between spdr and nikko). However i have quite a number of questions regarding SPDR STI ETF; especially after reading its annual report, which i hope you can help to clarify.
These are the questions:
Unitholders’ contributions/(withdrawals)
Creation of units:
I am SH, one of your many blog readers. I am currently 21 years old and i am planning to make my first investment through a STI ETF. (Still deciding between spdr and nikko). However i have quite a number of questions regarding SPDR STI ETF; especially after reading its annual report, which i hope you can help to clarify.
These are the questions:
Unitholders’ contributions/(withdrawals)
Creation of units:
2015: 31,366,855
2014: 59,145,817
Cancellation of units:
Cancellation of units:
2015: (149,927,298)
2014: (6,664,213)
Change in net assets attributable to unitholders resulting from net creation and cancellation of units:
Change in net assets attributable to unitholders resulting from net creation and cancellation of units:
2015: (118,560,443)
2014: 52,481,604
Distributions NOTE4
2015: (12,106,500)
2014: (10,726,000)
Total (decrease)/increase in net assets attributable to unitholders:
Total (decrease)/increase in net assets attributable to unitholders:
2015: (109,105,696)
2014: 69,068,372
......