I will share some pertinent points worth noting about this ETF, to aid you in your decision whether to subscribe for it.
The index
Phillip SING tracks the Morningstar Singapore Yield Focus Index (The Index) that comprises a basket of stocks selected using Morningstar's proprietary quality income strategy and factors. The 30 stocks were identified based on a composite score derived from following factors:
- Quality - quantitative moat score
- Financial Health - distance to default score
- Dividend - trailing 12 month dividend yield