, Singapore

REIT ETFs' turnover soared 82.5% to $57.3m in March

They averaged a dividend yield of 6.6% and a total return of -30.8% YTD.

The three listed REIT exchange traded funds (ETFs) posted an 82.5% MoM surge in total monthly turnover to $57.3m in March from $34.4m in February, according to an SGX report.

These three trusts are the Phillip SGX APAC Dividend Leaders REIT ETF, the NikkoAM-StraitsTrading Asia ex-Japan REIT ETF, and the Lion-Phillip S-REIT ETF. Their total YTD net inflow amounted to $42.3m.

These REIT ETFs averaged a dividend yield of 6.6% in SGD terms. In 2020 YTD, the trio have averaged a total return of -30.8% in SGD terms, bringing their one-year total return to -24.5%.

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.


If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.