Good news for index investors; There will be another REIT ETF coming out by end March 2017. Called the NikkoAM-Straits Trading Asia ex Japan REIT ETF, this would be the second REIT ETF listed in the local Singapore Exchange after the earlier Phillip SGX APAC Dividend Leaders REIT ETF, which was launched in October 2016. About the ETF Nikko Asset Management, the people who brought you the Nikko AM Singapore STI ETF and the ABF Singapore Bond Index Fund, manages the NikkoAM-Straits Trading Asia ex Japan REIT ETF (for simplicity let us call it NikkoAM-Straits Trading REIT ETF). The investment adviser is SRE Capital, which is a subsidiary of Straits Trading Company Limited, hence the name in the ETF. From the brochure¹, the ETF tracks the FTSE ERPA/NAREIT Asia ex Japan Net Total Return REIT Index. The ETF is expected to generate a yield of 5% per year, ......