It’s a good idea to include a mix of growth and dividend stocks within your investment portfolio.
The growth stocks provide the portfolio with long-term capital appreciation while the dividend ones provide a steady stream of passive income.
When it comes to dividends, REITs are an asset class that pays out a flow of dependable distributions.
What’s more, owning strong, well-managed REITs means you can enjoy a peaceful night’s sleep even if the economy takes a sudden dip.
You should look out for REITs with favourable characteristics such as a strong sponsor, a good track record of increasing distributions, and with quality assets that can withstand downturns.
Here are three recession-resistant REITs you can add to your watchlist.
Frasers Centrepoint Trust (SGX: J69U)
Frasers Centrepoint Trust, or FCT, is a pure-play Singapore suburban retail REIT with nine retail malls in its portfolio.
Assets under management (AUM) stood at S$6.1 billion...