Singapore Reit ETFs holding up amid global Reits rout
EXCHANGE-traded funds (ETFs) with significant exposure to Singapore-listed real estate investment trusts (S-Reits) are outperforming their peers amid a rout in the global Reits market.
Of the 5 Reit ETFs listed on the Singapore Exchange (SGX), the 3 with a higher allocation of S-Reits have seen flattish share price returns in the year to date.
The Lion-Phillip S-Reit ETF : CLR 0% and CSOP iEdge S-Reit Leaders ETF, whose constituents comprise purely S-Reits, saw returns of -2 per cent and 0.2 per cent, respectively, for the year to Apr 29.
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