by: Tam Ging Wien

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Asset management company Lion Global Investors Ltd has joined forces with Phillip Capital to launch Lion-Phillip S-REIT ETF; an SGD-denominated ETF that will track the performance of a basket of Singapore listed REITs. The ETF will track the Morningstar Singapore REIT Yield Focus Index.

This joins two other Singapore-listed REIT ETFs namely the Phillip SGX APAC Dividend