10 listed trusts in Temasek's portfolio averaged three-year total return of 42.2%
Mapletree Logistics Trust, Mapletree Industrial Trust and Mapletree Commercial Trust dominated the leaderboard.
Ten Temasek-backed trusts posted an average three-year total return of 42.2%, whilst the 15 listed companies it invested in hit 6.1%, reported Singapore Exchange (SGX). Similarly, 15 companies in Temasek’s portfolio hit average 3Y returns of 6.1%.
The 10 trusts hit five-year and 10-year total returns of 67.4% and 82.7%, respectively. The 15 companies’ five-year and 10-year total returns were at -0.2% and 82.6%
Amongst the 10 trusts, the three best-performing are Mapletree Logistics Trust (MLT) with an 84.2% three-year total return, Mapletree Industrial Trust (MIT) at 71.9%, and Mapletree Commercial Trust (MCT) at 70.8%. These three have averaged a 3Y total return of 75.6%, bringing their 5Y total returns to 119.4%.
MCT was recently added to the STI with an approximate 1.5% index weighting, whilst MIT replaced MCT in the STI Reserve List.
Over the same period, the three best-performing SGX-listed stocks amongst the 15 in Temasek’s portfolio are DBS Group Holdings with returns of 88.5%, ST Engineering at 33.6% and Keppel Corp at 27.9%, which averaged a 3Y total return of 50% with 5Y and 10Y total returns of 24.4% and 109.9%, respectively.
Temasek’s investment portfolio had a net value of $313b as at 31 March, which comprises of at least 25 listings on SGX. The 15 companies and 10 trusts has a combined market cap of more than $260b.