Shares & Derivatives
First Pure Singapore REITS ETF – Lion Phillip SREIT ETF
By My Sweet Retirement  •  October 11, 2017
Today, I received a message from my broker asking whether I am interested in subscribing for the Lion Phillip SREIT ETF. The IPO price is at S$1.00 and no balloting is required which means a full allocation will be given if I subscribe for it. It is the first REIT ETF that is purely based on Singapore REITs. Capitaland Mall Trust, being my favorite REIT in my stock portfolio makes up the major component in this ETF. A glance at this Lion Phillip SREIT ETF gives me the impression that this ETF is overweight on Retail REITs and Industrial REITs which means it is suppose to be high yielding. Retail and Industrial REITs are highly cylindrical as compared to Healthcare REITs. Disappointingly, Lion Phillip SREIT ETF is expected to provide only a 5.75% yield. Previously, I have added more of Capitaland Mall Trust in November 2016. Based on ......
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By My Sweet Retirement
I am a working salaried professional in my mid 30s. Just like most Singaporeans, I worked long office working hours, often trying very hard to find some work life balance. The Sweet Retirement Blog was created to share my journey towards achieving a comfortable retirement life. I believe we cannot simply rely solely on our Central Provident Fund savings when reaching old age. Neither can we rely solely on our bank savings as we all know the interest rates cannot beat inflation.
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