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Frasers Logistics and Industrial Trust Declares DPU of 1.76 cents for 2QFY19
By My Sweet Retirement  •  May 12, 2019

Frasers Logistics and Industrial Trust currently makes up 14% of my stock portfolio and 20% of my wife’s stock portfolio.

On 26th April 2019, Frasers Logistics and Industrial Trust announced their 2QFY19 financial results. The manager has declared a Distribution Per Unit (“DPU”) of 1.76 cents. This was a 2.8% decline as compared to 1.80 cents in 2QFY18. If we looked at the Distribution Per Unit (“DPU”) in Australian cents, the Distribution Per Unit (“DPU”) was 1.82 cents as compared to 1.70 cents in 2QFY18 which was 7.1% higher.

The reason for lower Distribution Per Unit (“DPU”) in Singapore cents was because of the softening of AUD and EUR against the SGD. The exchange rate was A$1.00: S$0.9666 (2QFY18: A$1.00:
S$1.0647). Foreign exchange risk is one key risk when investing in Frasers Logistics and Industrial Trust and I am fully aware of this risk prior to investing.

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Frasers Logistics

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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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