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Old 03-02-2020, 12:08 AM   #31
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Depending on what type of investors you are. For passive and no headache, this is low cost small sum and pretty low risk

For those who can mange their reits, there are less than 7 quality reits to manage. For a concentrated portfolio the return is higher. One can even leverage with margin, play the rights and merger. The return sure beats STI
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Old 03-02-2020, 12:12 AM   #32
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What if theres rights issue after you pass away and your beneficiaries are not financially literate?
Not too sure if your qns is relevant to the topic.

If family members are not financial literate, they could just sell everything and spend the money.

If really want to protect family members, there are many instruments out there to do so
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Old 03-02-2020, 09:19 AM   #33
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2 key risks:

1. Risk of increased interest rates.

We all know what happens to reits and bond prices when interest rate rises. These 2 asset classes are very positively correlated.

2. When this REIT+ portfolio crash, everyone want to bail out, you probably will also be forced to bail out.

The reits and bonds are not held by you. If syfe goes out of business or if too many people pull out you will probably be forced to liquidate your position.
1. Interest rates are typically cut (not raised) by central banks during market turmoil to catalyse economic expansion and increase liquidity in the market.

2. Interest rate increases (which typically coincide with improving economic fundamentals) can actually be beneficial for REITs as it can result in increased rental earnings.

https://www.forbes.com/sites/greatsp.../#631910762603
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Old 03-02-2020, 11:56 AM   #34
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https://www.youtube.com/channel/UCdg...S4eyj2Az9DMgJw
Some videos
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Old 03-02-2020, 11:57 AM   #35
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Not too sure if your qns is relevant to the topic.

If family members are not financial literate, they could just sell everything and spend the money.

If really want to protect family members, there are many instruments out there to do so
Its not specific to syfe reit+ but more of having a local robo/managed portfolio makes it easier for beneficiaries to take over and continue to have it managed. What if your beneficiaries are neither financially nor IT literate?

But of course you miss out on things like excess rights.

Think the key point is the cost of the robo/managed portfolio, and whether you think you can do better on your own. Currently syfe reit+ is the lowest for reits, which makes it worth considering.

Last edited by assiak71; 03-02-2020 at 12:07 PM..
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Old 03-02-2020, 01:37 PM   #36
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Thanks!

So let me summarize:
Pros:
1) enable DCA with small sum
2) no brokerage fees on buy and sell
3) capable to reinvest dividend
4) slightly lower management fees vs TER of ETF (Depends on which tier)

Cons:
1) Risk of Syfe quit from market for long term investment?
Cons
2) This is an actively managed fund. Bonds and Reits allocation are changing. There is no guarantee that the fund can beat the index.

Nikko Straits Trading Reit ETF is still a good recommendation. Best is to DCA with FSM.
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Old 03-02-2020, 05:41 PM   #37
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Cons
2) This is an actively managed fund. Bonds and Reits allocation are changing. There is no guarantee that the fund can beat the index.

Nikko Straits Trading Reit ETF is still a good recommendation. Best is to DCA with FSM.
I did consider Nikko but too many junk REITS inside and no cleansing process (or I not aware of).
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Old 03-02-2020, 06:39 PM   #38
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Does the bonds part in the portfolio comprises of SSB? If so, is it alot %?
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Old 03-02-2020, 06:55 PM   #39
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I did consider Nikko but too many junk REITS inside and no cleansing process (or I not aware of).
Those junk REITs could provide some alpha.
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Old 03-02-2020, 07:05 PM   #40
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Can anyone find the factsheet of FTSE ST Real Estate Investment Trusts Index ? I cant find it, there used to be last time
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Old 03-02-2020, 07:06 PM   #41
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I did consider Nikko but too many junk REITS inside and no cleansing process (or I not aware of).
The same can actually be said about syfe reit+

It has MAGIC and hospitality reits which some may view as junk at this moment
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Old 03-02-2020, 07:14 PM   #42
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Does the bonds part in the portfolio comprises of SSB? If so, is it alot %?
Pls read the 2nd link in 1st post...
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Old 03-02-2020, 09:49 PM   #43
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Cons
2) This is an actively managed fund. Bonds and Reits allocation are changing. There is no guarantee that the fund can beat the index.
What index is Syfe REIT+ benchmarking against?
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Old 03-02-2020, 10:02 PM   #44
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What index is Syfe REIT+ benchmarking against?
Seems like none at the moment. I want to compare against FTSE ST Real Estate Investment Trusts Index but cannot find its factsheet which there was in the past

Last edited by assiak71; 03-02-2020 at 10:06 PM..
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Old 03-02-2020, 10:46 PM   #45
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The same can actually be said about syfe reit+

It has MAGIC and hospitality reits which some may view as junk at this moment
This is the reply from Syfe on their REITS selection:

The REIT portion of our portfolio comprises 15 high quality Singapore listed REITs which includes Mapletree, Ascendas, Capitaland and others. The current selection criteria for the REITs is as follows:

Eligibility - SGX Listed REITs, SGD denominated

Liquidity daily trading value as percentage of free-float market cap

Large market capitalization, reputed managers

Minimum free float of 20%

Low probability of default

The REIT portfolio thus comprises some of the most liquid and successful real estate managers with sustainable business models. We are continuously reviewing our screening and eligibility criteria and will keep clients posted as and when additional constraints are added.
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