5 most active ETFs see year-to-date gain of 11.5%
Their total turnover rises 43.6% year-on-year to S$165m in May; MSCI India Index ETF is most active
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THE five most active exchange-traded funds (ETFs) in May averaged a total year-to-date return of 11.5 per cent, taking their one- and three-year total returns to 19.5 per cent and 20.6 per cent, respectively.
The five - iShares MSCI India Index ETF, SPDR® Gold Shares ETF, SPDR® Straits Times Index ETF, db x-trackers MSCI Indonesia Index UCITS ETF and db x-trackers MSCI China Index UCITS ETF (DR) - saw a 43.6 per cent year-on-year rise in turnover for the month, rising from S$115 million in May 2016 to S$165 million this year.
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