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Phillip SGX APAC Dividend Leaders REIT ETF
15-10-2016, 03:11 PM. (This post was last modified: 15-10-2016, 03:13 PM by Debronic.)
Post: #31
RE: Phillip SGX APAC Dividend Leaders REIT ETF
(15-10-2016, 08:09 AM)weijian Wrote:
(14-10-2016, 09:40 AM)Temperament Wrote:
(14-10-2016, 09:32 AM)Temperament Wrote:
(12-10-2016, 09:31 PM)MINX Wrote: Thanks for your explanation. 
For those retirees who are dependent on a big Reit portfolio for their retirement, what would you suggest? Keep a  cash warchest by the bedside for right issues?
Of course.
Not that non-reit companies don't have right issues, we all know Reits have almost zero retained earnings, so be very prepared for right issues.
Otherwise expect to get diluted but most probably you can sell away your rights as Nil Paid Rights as a compensation.

And sometimes right issues is really a blessings especially during a market crash.
Because usually it will be quite attractively priced as you can smell fear in the air is high at that time.
It is definitely a time of higher risks.

Hi Temperament,
Thanks for answering it from me, from a REAL person, REAL experience.

Hi MINX,
There you have it. 2 REAL person (temperament, retired@52) giving their feedback based on their REAL experience. Any of us can preach about sex whole day long as a monk, nothing beats the young dad who already fathered 5 kids. This comparison is analogous with what we are seeing with financial advisors, financial bloggers and economic professors.

I still remember how a large portion of people got baited on the "double dividend promise" by Rickmers Maritime Trust when they did a rights issue. Kudos to some of these financial engineering folks, they have practised their craft well in behavioral economics. I like to think that as long as we maintain a structure where we are not enslaved (financially, mentally) to the distributions, the OPMI (read: we) should be able to navigate whatever is been thrown at us relatively well.

Haha...I have a rental property and invest in reits too. I hope that qualifies me as a REAL person.
 
@Retired@52, I don't see us as arguing. I only said what you pointed out, most are not particular which term to use because in the Singapore context, we all know what is being referenced.
 
Anyway, the only reason why I respond to mobo is more out of personal interest. I have worked on reit ipo and fund raising before. We never have to sit down during working meetings and decide if we should call the yield as distribution or dividend yield. More often, we just pick one and stick to it. I can assure you none of the reit managers I have met or worked with before spends time mulling over whether using distribution yield will paint a more rosy picture than using dividend yield or vice versa.
 
Of course, I do recognise that some banks (usually foreign ones) and trusts will push the limits when it comes to presenting certain information. Just to give an example of a simple often used trick: truncated dividend yield charts. If you noticed on most Reit representations and prospectuses, the dividend yield charts often have a y-axis that starts from a whole number close to the yield instead of zero because it makes it more visually appealing e.g. a current yield of 5.5% when put beside a prospective one of say 5.7% but on an y-axis that starts with say 5% will have a growth (represented by an upward pointing arrow) that is more visually appealing than otherwise. In this way, you can't argue that the charts are totally misleading because they are done to scale, just off a non-zero axis that is. But I guess this is no different that any of the property development ads that tries to make 5 MRT stations (no kidding, just saw one today!) appear like they are in the vicinity of a particular development. Tongue

Example of reit yield presentation attached:


Attached Files Thumbnail(s)
   

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15-10-2016, 06:50 PM.
Post: #32
RE: Phillip SGX APAC Dividend Leaders REIT ETF
Is that why WB never believes in IPO?

Most people think IPO stands for "It's Probably Overpriced"

Having said that, i did subscribe to IPOs. recently.

In fact 2 IPOs.

Ha! Ha!

Stupid huh?
WB:-

1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.

Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.

NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.

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15-10-2016, 06:55 PM.
Post: #33
RE: Phillip SGX APAC Dividend Leaders REIT ETF
(15-10-2016, 06:50 PM)Temperament Wrote: Is that why WB never believes in IPO?

Most people think IPO stands for "It's Probably Overpriced"

Having said that, i did subscribe to IPOs. recently.

In fact 2 IPOs.

Ha! Ha!

Stupid huh?

But this one not attractive enough for me lah!
It can be very attractive to some other people.
WB:-

1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.

Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.

NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.

Find Reply
16-10-2016, 10:37 PM.
Post: #34
RE: Phillip SGX APAC Dividend Leaders REIT ETF
(15-10-2016, 06:55 PM)Temperament Wrote:
(15-10-2016, 06:50 PM)Temperament Wrote: Is that why WB never believes in IPO?

Most people think IPO stands for "It's Probably Overpriced"

Having said that, i did subscribe to IPOs. recently.

In fact 2 IPOs.

Ha! Ha!

Stupid huh?

But this one not attractive enough for me lah!
It can be very attractive to some other people.
I won't be subscribing as well. I don't find their offer enticing enough, also I prefer to build my own Reit ETF.  Shy

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17-10-2016, 03:46 PM.
Post: #35
RE: Phillip SGX APAC Dividend Leaders REIT ETF
(16-10-2016, 10:37 PM)MINX Wrote:
(15-10-2016, 06:55 PM)Temperament Wrote:
(15-10-2016, 06:50 PM)Temperament Wrote: Is that why WB never believes in IPO?

Most people think IPO stands for "It's Probably Overpriced"

Having said that, i did subscribe to IPOs. recently.

In fact 2 IPOs.

Ha! Ha!

Stupid huh?

But this one not attractive enough for me lah!
It can be very attractive to some other people.
I won't be subscribing as well. I don't find their offer enticing enough, also I prefer to build my own Reit ETF.  Shy

i think the same.
Besides, i am not willing to pay management fees "for life".
But never say never, if anything is attractive enough, i will buy.
WB:-

1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.

Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.

NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.

Find Reply
18-10-2016, 06:01 PM.
Post: #36
RE: Phillip SGX APAC Dividend Leaders REIT ETF
In any case, the SGX has been talking about launching (not SGX directly of course) a pure S-REIT ETF in 2nd half of the year.

http://www.businesstimes.com.sg/companie...pore-reits

Looking at the components, the net yield would be competitive. May be suitable for fractional investors or investors that just want to use a REIT reference as a diversified backbone to a non reit portfolio.

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18-10-2016, 06:54 PM.
Post: #37
RE: Phillip SGX APAC Dividend Leaders REIT ETF
It's high time SGX has a Reit ETF.
How is it compare to STI ETF?
Ya it is not apple to apple comparison.
But which one most probably have better CAGR - in 5 years time?
WB:-

1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.

Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.

NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.

Find Reply
21-10-2016, 12:09 PM.
Post: #38
RE: Phillip SGX APAC Dividend Leaders REIT ETF
For reference.

As of 20 October 2016, for Phillip SGX APAC Dividend Leaders REIT ETF
* NAV (USD) is 0.930
* NAV (SGD) is 1.292
* Total Assets (USD) is 30,802,843.96
Specuvestor: Asset - Business - Structure.

http://www.valuebuddies.com
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01-02-2017, 01:49 PM.
Post: #39
RE: Phillip SGX APAC Dividend Leaders REIT ETF
The management fees will be lowred to 0.30% per annum with effect from 1 February 2017.
Formerly it was 0.50% per annum.
Specuvestor: Asset - Business - Structure.

http://www.valuebuddies.com
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13-03-2018, 10:02 PM.
Post: #40
RE: Phillip SGX APAC Dividend Leaders REIT ETF
Rebalancing of SGX APAC ex Japan Dividend Leaders REIT Index

The rebalance will be effective at the open on 26 March 2018. The ETF will reflect the changes on the same date.

Frasers Centrepoint Trust will be excluded from the index and Dexus will be included in the index.

Top Ten Contituents of SGX APAC ex Japan Dividend Leaders REIT Index as at 26 March 2018.
#. Company Name - Weighting
1. Scentre Group - 10.00%
2. Link Real Estate Investment Trust - 10.00%
3. Stockland Corporation Limited - 7.83%
4. Westfield Corp. - 7.38%
5. Vicinity Centres - 5.87%
6. Dexus - 5.87%
7. Goodman Group - 5.59%
8. GPT Group - 5.57%
9. Mirvac Group - 5.13%
10. Ascendas Real Estate Investment Trust - 4.57%

Top ten constituents constitute 67.81% weighting of the index.
Specuvestor: Asset - Business - Structure.

http://www.valuebuddies.com
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