Phillip SGX APAC Dividend Leaders REIT ETF *Official* (SGX: BYJ/BYI)

[winstonoyy]

Any idea what is the new expense ratio after the management fee is lowered to 0.3%?

 

[shadow_allan]

This is now trading at 1.31.
At what point should I buy?

 

[intime]

Just received a dividend cheque from cdp in us$ for BYI.
Is it because my bank savings account is in sgd$, cdp don't auto credit the dividend?

 

[stjoe1]

Just received a dividend cheque from cdp in us$ for BYI.
Is it because my bank savings account is in sgd$, cdp don't auto credit the dividend?

You need to make declaration that you want to receive dividend in SGD .. They will convert to SGD and deposit to your bank acc

 

[awleong]

You need to make declaration that you want to receive dividend in SGD .. They will convert to SGD and deposit to your bank acc

how do you make the declaration? also, do u know if there's any fees for converting the USD to SGD from CDP? Thanks!

 

[kehyi4]

Just noticed that the Semi-Annual Report is now available

Expense ratio : 0.93%
(31 Mar 2017)

Net Assets Attributable to unitholders : US$23,889,635
(31 Mar 2017)

Total Assets USD : US$18,741,900
(as at 07/09/2017)

 

[limster]

Just noticed that the Semi-Annual Report is now available

Expense ratio : 0.93%
(31 Mar 2017)

Net Assets Attributable to unitholders : US$23,889,635
(31 Mar 2017)

Total Assets USD : US$18,741,900
(as at 07/09/2017)

0.93% expense ratio is on the high side. Hold for 10 years thats 9.3% of your money gone. Might as well DIY...

 

[kehyi4]

0.93% expense ratio is on the high side. Hold for 10 years thats 9.3% of your money gone. Might as well DIY...

Expense ratio should come down as the fund size grows. However, looking at their AUM in Mar vs current ....

 

[kehyi4]

PHILLIP SGX APAC DIVIDEND LEADERS REIT ETF (BYI / BYJ) Annual Report
For the period from 29 September 2016 (date of constitution) to 30 September 2017

* Expense Ratio (Annualised) : 0.91%
* Turnover ratio : 64.65%

Net Assets Attributable to unitholders
(30 Sep 2017) US$17,963,936

By Geography (Primary)
* Australia 59.06%
* China/Hong Kong 13.23%
* Singapore 26.56%
* Other assets 1.15%

10 largest holdings as at 30 September 2017
* Scentre Group 10.02%
* The Link REIT 9.77%
* Westfield Corporation 8.93%
* Stockland Corporation Ltd 7.92%
* Vicinity Centres Re Ltd 7.69%
* The GPT Group 5.77%
* Goodman Group Pty Ltd 5.57%
* Mirvac Group 5.09%
* Ascendas Real Estate Investment Trust 4.85%
* CapitaLand Mall Trust 3.13%

 

[intime]

Finally got dividend liao. 1.45% only...
Exdate: 18 jun
Paydate: 27 jun

 

[kehyi4]

PHILLIP SGX APAC DIVIDEND LEADERS REIT ETF
SEMI-ANNUAL REPORT
For the period ended 31 March 2018 (unaudited)

Total expense ratio 1.04
Total turnover ratio 9.86

Holdings (%) by geography:
Australia 59.73
China/Hong Kong 13.17
Singapore 26.34
Other net assets 0.76

 

[limster]

Total expense ratio 1.04
Total turnover ratio 9.86

I see this I scared.

In comparison Australia REIT ETF - VAP has a management fee of 0.23%

 

[kehyi4]

I see this I scared.

In comparison Australia REIT ETF - VAP has a management fee of 0.23%

Phillip has failed to grow the fund meaningfully since listing - latest AUM is US$17.9m. With such a micro-sized fund, the 1+% TER is not unexpected, and it would probably stay this bad for the foreseeable future

 

[agau168]

What is the difference between BYJ and BYI? Anyone knows?

 

[makav31i]

What is the difference between BYJ and BYI? Anyone knows?

BYJ is denominated in SGD...
BYI is denominated in USD...

 

[assiak71]

They should terminate this fund and focus on improving lion-phillip s reit etf

 

[josc36]

Dividend Returns

Correct me if I'm wrong.

I bought 10,000 units USD 0.933 back in 2017 (Total USD 9330).
But I've forgotten abt it and did not track its returns.

This year I've received dividend twice USD $196 & $325 (Total $521).
Does it mean my returns for this ETF is 5.58% PA? (521/9330x100).

This returns should be qt decent considering I've not done anything since buying it few years ago. or am i calculating it wrong?