Are my portfolio components redundant?

[idrinkecoke]

1. NikkoAM-STC Asia REIT
2. Mapletree Ind Trust
3. EC World Reit
4. STI ETF

Should i just buy Nikko.

 

[Maeda_Toshiie]

1. NikkoAM-STC Asia REIT
2. Mapletree Ind Trust
3. EC World Reit
4. STI ETF

Should i just buy Nikko.

You construcut a core / satellite portfolio.

https://www.investopedia.com/articles/financial-theory/08/core-satellite-investing.asp

However, the actively managed portion (via individual stocks and/or non passive index funds) may not necessarily beat the passive index fund. You have to be able to accept that outcome.



BTW, I assume that STI ETF is referring to ES3, or the SPDR version, which will essentially perform the same as Nikko AM's G3B.

 

[Shiny Things]

1. NikkoAM-STC Asia REIT
2. Mapletree Ind Trust
3. EC World Reit
4. STI ETF

Should i just buy Nikko.

The REITs are pretty redundant. The Nikko REIT ETF owns the Mapletree REIT, and the ECW REIT I'd imagine would perform about the same as the broader REIT market. Assuming you're comfortable with just owning Singapore stocks and REITs, you could save yourself a bit of complexity by tossing the two REITs and moving the money into the REIT ETF.

 

[BBCWatcher]

Yes, and the STI includes ample real estate exposure (CapitaLand and others). It's also redundant to Singapore, an important but tiny Asian country.