Second Reit ETF on SGX launching this month
It will focus on Reits listed in Singapore, HK, China, Malaysia and Indonesia
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Singapore
ANOTHER real estate investment trust (Reit) exchange-traded fund (ETF) will soon be listed on the local bourse, pandering to investors' appetite for low-cost yield products.
Called NikkoAM-StraitsTrading Asia ex-Japan Reit ETF, it tracks the FTSE EPRA/NAREIT Asia ex-Japan Net Total Return Reit index, focusing on Reits listed in Singapore, Hong Kong, China, Malaysia and Indonesia.
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