S-Reits average -5.5% in total returns, 7.1% in yields

Singapore

AMID broad market weakness and concerns that higher interest rates would make dividend yields less attractive, the SGX S-Reit 20 Index's year-to-date average total return was a negative 5.5 per cent as at Monday, ahead of the year's final trading day on Thursday.

Individually, total returns ranged from a negative 20 per cent to a positive 10.1 per cent, data in an SGX My Gatew…