Top 10 ETFs show returns of more than 30%

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Top winner is more than 30% gain, while the top loser is more than 22% losses...

Top 10 ETFs show returns of more than 30%

SINGAPORE — Investors looking for a decent return on their money at the beginning of this year would now be sitting on healthy gains if they had taken a bet on some of the best-performing exchange traded funds (ETFs) listed on the Singapore Exchange (SGX).

According to the SGX My Gateway report released yesterday, the 10 best-performing ETFs have chalked up an average total return of 30.3 per cent and a median total return of 31.5 per cent since the start of the year.

ETFs are open-ended passive investment funds that aim to track the performance of an underlying index. According to the report, ETFs are gaining in popularity due to various characteristics that distinguish them from other investment choices such as equities and unit trusts.

“Some of the key benefits which ETFs offer are diversification, cost-efficiency, transparency and flexibility,” the report said.

The best-performing ETF is the Lyxor ETF NASDAQ-100 with a year-to-date total return of 36.2 per cent. Its investment objective is to offer exposure to the United States information technology sector by providing investment results that correspond to the performance of the NASDAQ-100 Index. With a year-to-date return of 32.8 per cent, the second best-performer is an ETF that aims to reflect the performance of the MSCI Pakistan Investable Market Total Return Net Index.

But while the best-performing ETFs have scored spectacular returns, such funds are not a sure-fire means of making money: Two ETFs that track Indonesian equities are showing year-to-date losses of more than 22 per cent.
http://www.todayonline.com/business/top-...ns-more-30
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