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Old 08-02-2020, 01:49 PM   #61
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I think it would be good to see a backtest of their approach vs an ETF and REIT index to understand the impact of their Bond mechanism.
Im interested to know too

But I would like to highlight that imo syfe reit+ is a portfolio and not meant to be seen as or compared to a sreit etf. Meaning for someone who is currently doing a portfolio of eg 80% reits, 20% bonds, this is what syfe reit+ is trying to offer (not the exact numbers but the point about it being a portfolio). It is for replacing the whole portfolio, not for replacing the 80% reits portion. Imo thats how one should view syre reit+

Last edited by assiak71; 08-02-2020 at 01:57 PM..
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Old 09-02-2020, 05:59 PM   #62
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Im interested to know too

But I would like to highlight that imo syfe reit+ is a portfolio and not meant to be seen as or compared to a sreit etf. Meaning for someone who is currently doing a portfolio of eg 80% reits, 20% bonds, this is what syfe reit+ is trying to offer (not the exact numbers but the point about it being a portfolio). It is for replacing the whole portfolio, not for replacing the 80% reits portion. Imo thats how one should view syre reit+
Yes, it could be seen that way. Thatís one of the main issues with this product. Itís like putting your money into a black box and not knowing how it will work. We donít know how their algorithm works, we donít know historical results, they donít provide very much disclosure (except via your questions) on their portfolio composition...

Iím actually quite surprised they are allowed to do this and yet still be MAS approved.
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Old 09-02-2020, 07:22 PM   #63
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Yes, it could be seen that way. Thatís one of the main issues with this product. Itís like putting your money into a black box and not knowing how it will work. We donít know how their algorithm works, we donít know historical results, they donít provide very much disclosure (except via your questions) on their portfolio composition...

Iím actually quite surprised they are allowed to do this and yet still be MAS approved.
Historical results is in the second link in first post. Per year included

Anyway i have further feedback for an option of a 100% REITs portfolio without ARI. Lets see whether they offer this option. Guess this is what many would be interested in?

And they are working on iEdge S-REIT 20 Index which is great imo. Better than a black box proprietary methodology

Last edited by assiak71; 09-02-2020 at 07:28 PM..
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Old 10-02-2020, 01:14 PM   #64
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It will be good if they offer 100% REITS and focus on the REITS selection.
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Old 10-02-2020, 01:21 PM   #65
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It will be good if they offer 100% REITS and focus on the REITS selection.
REITs selection is simply going to be replicating the iEdge S-REIT 20 Index when that is out. What selection are you thinking?
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Old 11-02-2020, 10:46 PM   #66
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Is it a good time for REIT now? Considering the ncov, people might stay indoors and all that, or is not affected by that. What factors affects it? Pardon my ignorance,newbie here.
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Old 12-02-2020, 02:04 PM   #67
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Is it a good time for REIT now? Considering the ncov, people might stay indoors and all that, or is not affected by that. What factors affects it? Pardon my ignorance,newbie here.
Iím curious too. Want to get my feet wet in REITS but still reading up on it. But also have some spare cash at the moment. Am wondering if I should just start with a robo-managed portfolio first.
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Old 12-02-2020, 06:15 PM   #68
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I think the corona virus won't have an effect on REITs in the short term as rental agreements are usually relatively long-term. So REIT managers will still get good rental income even though malls are temporarily less crowded.

Most important for high REIT prices is that interest rates are staying low and I think corona virus will be another reason to keep them low (which I think they would stay anyway). So from my point of view there is no reason why REITs should not continue to do well.
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Old 19-02-2020, 10:01 PM   #69
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From https://forums.hardwarezone.com.sg/m...#post125261169

I am vested in Nikko's CFA and looks like it already has 9 out of the 15 in Syfe's REIT+. Would it make sense to now switch to Syfe's or should I continue DCA-ing CFA? What do you guys think?
Note that syfe reit+ is a portfolio which consists of sreits and A35 bond etf. It is not apple to apple comparison to CFA, which firstly invests in asia ex japan reits and secondly is 100% in reits.

Therefore you have to make an assessment on how it fits into your overall allocation
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Old 19-02-2020, 10:08 PM   #70
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Fromhttps://forums.hardwarezone.com.sg/m...#post125261169

Note that syfe reit+ is a portfolio which consists of sreits and A35 bond etf. It is not apple to apple comparison to CFA, which firstly invests in asia ex japan reits and secondly is 100% in reits.

Therefore you have to make an assessment on how it fits into your overall allocation
Yeah that's what I noticed as well. Too much A35 % for my liking. Hopefully they'll allow us to choose 100% REITs in the near future.
Or maybe I'll just stop DCA-ing CFA/A35/MBH and put my money in this portfolio. Easier to manage

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Old 19-02-2020, 11:04 PM   #71
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Yeah that's what I noticed as well. Too much A35 % for my liking. Hopefully they'll allow us to choose 100% REITs in the near future.
Or maybe I'll just stop DCA-ing CFA/A35/MBH and put my money in this portfolio. Easier to manage

Posted from PCWX using Pixel 2 XL
Do note that allocation to A35 is dynamic, depending on their ARI algo. It can range from 0 to 50%
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Old 22-02-2020, 06:46 PM   #72
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Syfe REIT+ portfolio is not a REIT ETF. Therefore, will the Singapore REITs within the Syfe REIT+ portfolio be subjected to 17% corporate tax on their S-REITs distributions?

A related question is: For REIT unit trust (offered by fund distributors in Singapore), will the S-REITs distributions be subjected to 17% corporate tax? (I think there are a few REIT unit trusts in Singapore.)
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Old 24-02-2020, 07:01 AM   #73
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Yeah that's what I noticed as well. Too much A35 % for my liking. Hopefully they'll allow us to choose 100% REITs in the near future.
Or maybe I'll just stop DCA-ing CFA/A35/MBH and put my money in this portfolio. Easier to manage

Posted from PCWX using Pixel 2 XL
For someone who used to buy A35 and CFA using invest saver for multiplier bonus, this portfolio 2 in one is a lifesaver...

Sent from Xiaomi REDMI NOTE 8 PRO using GAGT
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Old 24-02-2020, 02:41 PM   #74
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Syfe REIT+ portfolio is not a REIT ETF. Therefore, will the Singapore REITs within the Syfe REIT+ portfolio be subjected to 17% corporate tax on their S-REITs distributions?

A related question is: For REIT unit trust (offered by fund distributors in Singapore), will the S-REITs distributions be subjected to 17% corporate tax? (I think there are a few REIT unit trusts in Singapore.)
According to their FAQ, not subjected to the tax

"Are dividends from the REIT+ portfolio subject to withholding tax?
Individuals and resident corporations are not subject to Singapore withholding tax on S-REITs or Bonds as per IRAS guidelines. Should any tax be withheld, Syfe will reimburse its clients the entire amount."

https://www.syfe.com/faq

Not sure about other REIT unit trusts - got to check with them directly on their policy.
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Old 29-02-2020, 12:03 AM   #75
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How(/What) is the asset allocation of 15 S-REITs vs A35 bond ETF for Syfe REIT+ portfolio (today after the recent decline in global stock markets)?
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