The full name of the new REIT ETF is actually Phillip SGX APAC Dividend Leaders REIT ETF. From the official website, it states that it “seeks to provide a high level of income and moderate long-term capital appreciation by tracking the investment results of 30 publicly traded equity REITs in the Asia Pacific ex-Japan region.” What makes it somewhat special is that “the ETF follows a smart beta strategy which will rank and weight the underlying REITs according to dividends paid, with the aims of enhancing returns above that of traditional market-cap weighted ETFs”. Traditional index funds are put together by market-cap weightings. And then there are different ways of assembling index funds that don’t rely on market-cap weightings, such as the Phillip SGX APAC Dividend Leaders REIT ETF in this instance. In this interview with Bloomberg Radio, John Bogle has this to say about smart beta. I just thought that this ......