NikkoAM will be launching a new REIT ETF on SGX. The new REIT ETF named NikkoAM-Straits Trading ex-Japan REIT ETF is set to list on 29th March 2017.
If you’d like to invest in REITs but are too busy to analyse individual REITs, this could suit you. But before you jump into it, let’s take a look at its features:
Key features of the NikkoAM-Straits Trading ex-Japan REIT ETF
- Investment Objective:
The investment objective of the ETF is to replicate as closely as possible, before expenses, the performance of the FTSE EPRA/NAREIT Asia ex-Japan NET Total Return REIT Index, or a similar index that gives, in the opinion of the Manager, the same or substantially similar exposure as to the Index. (The Manager would have to release a 3 months’prior written notice to the trustee and the holders should they decide to make a change in …Read the full article →