More delisting of ETF from Deutsche

Deutsche Bank has de-listed a few more ETF.

The notice is attached with this post.

db x-trackers MSCI Emerging Markets Index UCITS ETF
db x-trackers MSCI AC Asia Pacific Ex Japan Index UCITS ETF
db x-trackers MSCI EM Asia Index UCITS ETF

These three were capitalized.

db x-trackers MSCI AC Asia Ex Japan High Dividend Yield Index UCITS ETF, This was the distributing ETF.

I used to own this High Yield APAC Dividend ETF of Deutsche Bank and switched out to the CIMB S&P APAC ETF.

I guess the cost of maintaining the listing was more than the revenue it earned from the listing on SGX, as trading volumes were abysmally low and the size of the ETF also was low.

I still hold the ASX, CSI and Japan ETF of Deutsche Bank.

However, going by this trend of de-listing, might have to look for alternatives to those

(08-08-2017, 02:56 PM)Shrivathsa Wrote: Deutsche Bank has de-listed a few more ETF.

The notice is attached with this post.

db x-trackers MSCI Emerging Markets Index UCITS ETF
db x-trackers MSCI AC Asia Pacific Ex Japan Index UCITS ETF
db x-trackers MSCI EM Asia Index UCITS ETF

These three were capitalized.

db x-trackers MSCI AC Asia Ex Japan High Dividend Yield Index UCITS ETF, This was the distributing ETF.

I used to own this High Yield APAC Dividend ETF of Deutsche Bank and switched out to the CIMB S&P APAC ETF.

I guess the cost of maintaining the listing was more than the revenue it earned from the listing on SGX, as trading volumes were abysmally low and the size of the ETF also was low.

I still hold the ASX, CSI and Japan ETF of Deutsche Bank.

However, going by this trend of de-listing, might have to look for alternatives to those

Was it a profitable holding db x-trackers MSCI AC Asia Ex Japan High Dividend Yield Index UCITS ETF?

and why did u decide to switch to and choose CIMB S&P APAC dividend ETF?

how does such dividend etf work? thanks

(09-08-2017, 03:01 PM)pianist Wrote:

(08-08-2017, 02:56 PM)Shrivathsa Wrote: Deutsche Bank has de-listed a few more ETF.

The notice is attached with this post.

db x-trackers MSCI Emerging Markets Index UCITS ETF
db x-trackers MSCI AC Asia Pacific Ex Japan Index UCITS ETF
db x-trackers MSCI EM Asia Index UCITS ETF

These three were capitalized.

db x-trackers MSCI AC Asia Ex Japan High Dividend Yield Index UCITS ETF, This was the distributing ETF.

I used to own this High Yield APAC Dividend ETF of Deutsche Bank and switched out to the CIMB S&P APAC ETF.

I guess the cost of maintaining the listing was more than the revenue it earned from the listing on SGX, as trading volumes were abysmally low and the size of the ETF also was low.

I still hold the ASX, CSI and Japan ETF of Deutsche Bank.

However, going by this trend of de-listing, might have to look for alternatives to those

Was it a profitable holding db x-trackers MSCI AC Asia Ex Japan High Dividend Yield Index UCITS ETF?

and why did u decide to switch to and choose CIMB S&P APAC dividend ETF?

how does such dividend etf work? thanks

Because of this issue, I have divested my illiquid ETFs on SGX. Its quite easy to own ETFs on the US exchanges (including all matter of sectors), so I'm on that now. It begs the question of how ETFs are struggling on the SGX when they can't attract liquidity.

ETFs on the US exchanges do have one major issue - the 30% withholding tax on dividends. So any ETF i'm holding on is a low dividend one and i'm holding for capital gains and have accepted this as effectively a "fee". a fund with a dividend yield of 1% effectively has a 0.3% expense on top of the usual one.

The only exception are ETNs. They are regarded as "fixed income" and their distributions are "interest income" with no withholding tax.

(09-08-2017, 03:01 PM)pianist Wrote:

(08-08-2017, 02:56 PM)Shrivathsa Wrote: Deutsche Bank has de-listed a few more ETF.

The notice is attached with this post.

db x-trackers MSCI Emerging Markets Index UCITS ETF
db x-trackers MSCI AC Asia Pacific Ex Japan Index UCITS ETF
db x-trackers MSCI EM Asia Index UCITS ETF

These three were capitalized.

db x-trackers MSCI AC Asia Ex Japan High Dividend Yield Index UCITS ETF, This was the distributing ETF.

I used to own this High Yield APAC Dividend ETF of Deutsche Bank and switched out to the CIMB S&P APAC ETF.

I guess the cost of maintaining the listing was more than the revenue it earned from the listing on SGX, as trading volumes were abysmally low and the size of the ETF also was low.

I still hold the ASX, CSI and Japan ETF of Deutsche Bank.

However, going by this trend of de-listing, might have to look for alternatives to those

Was it a profitable holding db x-trackers MSCI AC Asia Ex Japan High Dividend Yield Index UCITS ETF?

and why did u decide to switch to and choose CIMB S&P APAC dividend ETF?

how does such dividend etf work? thanks

Hi Pianist,

In terms of profits, I saw an annualized return of 3.36%.

The holding period was from Feb 2015 till April 2017, that is roughly 2.5 years.

The STI was at 3449.51 at entry and 3179.32 at exit.

The out-performance was only 0.38%.

Luckily, the exit price was more or less the same as the entry price after factoring in purchase transaction cost.

So, all I got was more or less the dividends.

The reason I held the ETF was that i wanted exposure to dividend paying stocks across APAC.

Which is also the reason I switched to the CIMB ETF.

It offers more or less the same.

The expense ratio is similar 0.5%.

Broadly, what these ETFs do is they own a basket of securities, collect the dividend and pass it on to the holders.

I really do not believe or think I can time the market.

Hence, this is my attempt to just buy a basket of securities mainly through ETF and hold for the long-term.

Regards

V