Dear readers, if you have not known, there is an upcoming IPO featuring one Reit called Lion-Phillip S-REIT ETF. This REIT ETF is rather diversified, consisting of 23 high dividend Reits in one ETF. For investors who love the low risk nature of Reits and ETFs which focuses on Singapore, this ETF seems ideal. Further more, Lion-Phillip S-REIT ETF also provides a good dividends yield. While the above Reit may be welcome by conservative investors who love the nature of low risk and diversification, personally, I think since the S-REIT ETF is basically made up of Reits, there can be so much about diversification. I mean no doubt there are different types of Reits in this S-REIT ETF, all of them do face the same exposure, for example rising interest rates. Hence I really think it makes no difference in the S-REIT ETF is made up of 6 REITS, 23 ......