NikkoAM - straitstrading asia ex japan reit ETF

[winstonoyy]

Remember reading somewhere that it's 3-4% yield net of fees.

The Nikko one highlights gross yield as 6.1%. Take away taxes on SG REITs (17% of 6.6% yield by 58% of the fund) and management fees, the 5% seems credible.

The major difference between the 2 is exposure to AU, both yield and forex. In addition, the methodology of weightage and rebalance is also drastically different. The principle behind the Nikko one is unknown to me, even if I check out the index prospectus.

To clarify this. Based on latest info, Phillips REIT ETF management fee is 0.30%. http://www.phillipfunds.com/uploads...idend_Leaders_REIT_ETF_Product_Info_Sheet.pdf.

Anybody knows what's the projected yield for Phillips REIT ETF? Couldn't get a clear answer.

Also for the projected 5% dividend yield of Nikko, is that nett of all fees and taxes already?

Phillips seems more diversified across AP whereas Nikko seems more weighted towards SG REITs. So based on that, would Phillips be slightly better for diversification purposes?

 

[sg_investor]

America stocks had 30%. Not a small sum to my gains you know.

Geez so many people are hard up for the dividend withholding tax. Is this an uniquely Singaporean thing, or what?

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[Wood41]

From poems:

Points to note
Offer price at SGD 1 per unit, subscription in multiple of 1,000 units.
Expense ratio of 0.6%
For Cash Management accounts, commission charge of 0.25% is applicable.
For Custodian, Prepaid, Margin and Financing accounts, commission charge of 0.12% is applicable.
This subscription is not opened for Cash Trading accounts. If you have a Cash Trading account, you may consider converting it to a Cash Management account.

 

[Wood41]

No minimum but fee charged by poems?
Simi is cash management / trading accounts?

 

[Asphodeli]

Free thumb drive!

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[Average]

jskm...

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[cesc88]

Lol where to get this?

Free thumb drive!

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[Tornesoul]

wah how u get one?

 

[Weaboo]

Free thumb drive!

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Sic how to get leh

 

[Asphodeli]

Sic how to get leh

wah how u get one?

Lol where to get this?

I went to their seminar just now at SGX lol

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[Weaboo]

sian... is seminar only souvenir? insai got prospectus?

 

[hsNg_90]

No mention of their reserve list?

 

[Asphodeli]

wah not bad, 5.06GB thumbdrive. weird capacity, will be testing it out.

 

[bluevalley2000]

If one of the REIT in the ETF issues a rights offer. How does the ETF adjust to that? Do we get impacted?

 

[foozgarden]

so what exactly is the ER for both NAM and philip etf?
i see a lot of numbers floating around.

 

[winstonoyy]

NAM did not disclose expense ratio. Philip was 0.65% when they charged 0.5% management fee, but didn't update figure after they cut to 0.3%.

so what exactly is the ER for both NAM and philip etf?
i see a lot of numbers floating around.

 

[iamveryguailan]

Min investment 50k?

 

[winstonoyy]

50k units plus fees and charges if you go through your broker.

Lot size of 100 units if you wait for it to be traded OTC.

Don't expect it to be like an IPO.

Min investment 50k?

 

[Wayneasaurus]

50k units is for institutional investor. For retail, can go with either dbs, ocbc, uob or poems to get before listing. Poems is min 1000 units ($1 each), at 0.12% with their prepaid account. OCBC is min 20k units, either 0.2 or 0.02% can't remember :/

50k units plus fees and charges if you go through your broker.

Lot size of 100 units if you wait for it to be traded OTC.

Don't expect it to be like an IPO.

 

[Wood41]

Poems no mention of min 50k but commission .

Min investment 50k?