Ok! It is here… finally.
I was fairly excited to hear the news that a REIT ETF is coming to the Singapore market.
At The Fifth Person, we reckon the idea of investing in a REIT ETF is a good alternative for anyone who wants to passively invest in a basket of REITs and build a steady flow of dividend income. So the good news is that you can invest in the SGX APAC Dividend Leaders REIT ETF starting 20 October 2016. The ETF invests in a diversified pool of REITs in Asia Pacific excluding Japan. (Let’s called this ETF the SGX REIT ETF).
The first thing you need to take note is that the SGX REIT ETF will be traded just like a normal stock in two currencies – the U.S. dollar (SGX: BYI) and the Singapore dollar (SGX: BYJ). While it is easy for anyone to ......