Quick Thoughts On Syfe REIT+ Rebalancing (Sep 2022)
By Finance Gnome  •  September 25, 2022
Syfe just updated via email about a rebalancing of REIT+ portfolio in line with the semi-annual review of iEdge S-REIT Leaders Index this month. Below is the updated REIT+ constituent list based in weighting as of 14 Sep 2022. Source: Syfe email broadcast Notable changes
  • Addition of Far East Hospitality Trust and SPH REIT following the merger of MCT and MNACT to create MPACT effective 21 July 2022.
  • Reduction in weights of Industrial REITs, e.g. Ascendas REIT (to 10% cap), MIT, Keppel DC REIT, ESR REIT, AIMS APAC REIT. Logistics REITs weights were maintained.
  • Increase in weights of Retail, Hospitality and Office REITs, e.g. Keppel REIT, FCT, ART, Lendlease REIT.
Rebalancing methodology Digging a little bit into the methodology to help understand the how the rebalancing of the iEdge S-REIT Leaders Index is done, here are the steps:
  • Constituents are first weighted by free-float market cap
  • Then, a liquidity enhancement is performed where constituents are assigned an adjustment/modifier according to its liquidity
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By Finance Gnome
Hi, I’m Calvin! I’m a lucky husband and father of two wonderful kids. I work as an aerospace engineer at my 9 to 5. I’ve been investing since 2011, but my investing journey started off pretty terribly. Many of the stocks I bought lost me loads of money, call it tuition fees. Thankfully most of the time, I managed to bail out before losing everything.

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