STI delivers, but returns lag peers

AN investment in the Straits Times Index (STI) three years ago would have generated solid returns, but a closer look reveals that Singapore's equity benchmark lagged many peers.

A report by the Singapore Exchange this week highlighted that the STI saw a 31.8 per cent total return over the three years to Sept 5, of which 20.5 per cent came from price gains and the rest from reinvested dividends.

On an annualised basis, that represents a yearly return of about 9.6 per cent.