Personal Finance
All You Need To Know About Phillip SING Income ETF in 5 mins. Should You Invest?
By Seedly  •  November 4, 2018
What is Phillip SING Income ETF (SGX: OVQ)

Phillip SING Income Exchanged Traded Fund (ETF) is Phillip Capital’s Third Exchanged Traded Fund.

The other Exchange Traded Funds by Phillip Capital are:

Lion- Phillip S-REIT ETF Phillip SGX APAC Dividend Leaders REIT ETF What is an Exchange Traded Fund (ETF)? An ETF is a passively managed investment fund which is traded on the stock market Passively managed because it just tracks the index (for example, buys the top 30 companies based on a certain allocation) hence lower fees Traded on stock market indicates that it has high liquidity of buyers and sellers, which is a good thing for investors What does Phillip SING Income even mean?

Here is some information on Phillip SING Income:

Tracks the Morningstar Singapore Yield Focus Index Here’s how the Morningstar Singapore Yield Focus Index is constructed:
First:
Selection UniverseSecond:
Factor Scores CalculationForming the Morningstar Singapore Yield Focus Index Securities whose primary...
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By Seedly
Launched in 2016, Seedly helps users make smarter financial decisions with its budgeting app which allows its 40,000 users to sync up their financial accounts and better manage their cash-flow. Last year, we introduced a new community feature which allows users to crowdsource knowledge from peers before making a financial decision.
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