What's wrong with a bit of fees for a service? Just because it's shown explicitly you feel uncomfortable? Then buy etf lo
Syfe REIT+
- Thread starter assiak71
- Start date
can consider the singapore reit etfs
CLR or SRT.
kurt111494
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Are REITS ETFs more cost effective than Syfe?
ekardo
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I am interested to know also..Are REITS ETFs more cost effective than Syfe?
admin fee charged during buying and selling, whereas Syfe is charged monthly
@BinaryLord
no min when all of u enjoy DCA/RSP, i believe your first investmt shdnt hve issues even w 1 unit
As per their website, CSOP iEdge S-REIT Leaders Index ETF has a management fee of 0.5% to 0.8% per year. Ongoing charges for things like advisory services, administration and recordkeeping, among others, are 0.6% per year.
if u could 20k? Robo fees is just 0.5%
https://lh4.googleusercontent.com/v...W4ycIMLgK8hfcSNOWRVsD4lGaYCXgehr0_d9K8FVTTh1g
When you invest in Syfe REIT+, your dividends are automatically reinvested for you at no extra cost. According to our calculations, dividend reinvestment can add an additional 0.5% in returns each year. This covers a substantial part of our tiered fees ranging from 0.35% to 0.65% per year.
(For Syfe Black and Gold tier clients, there’s also an option to have your dividends paid directly into your bank account each quarter).
U decide for yourself
https://www.syfe.com/magazine/syfe-...ium=content&utm_campaign=GENE&utm_content=edm
Are REITS ETFs more cost effective than Syfe?
no min when all of u enjoy DCA/RSP, i believe your first investmt shdnt hve issues even w 1 unit
As per their website, CSOP iEdge S-REIT Leaders Index ETF has a management fee of 0.5% to 0.8% per year. Ongoing charges for things like advisory services, administration and recordkeeping, among others, are 0.6% per year.
if u could 20k? Robo fees is just 0.5%
https://lh4.googleusercontent.com/v...W4ycIMLgK8hfcSNOWRVsD4lGaYCXgehr0_d9K8FVTTh1g
When you invest in Syfe REIT+, your dividends are automatically reinvested for you at no extra cost. According to our calculations, dividend reinvestment can add an additional 0.5% in returns each year. This covers a substantial part of our tiered fees ranging from 0.35% to 0.65% per year.
(For Syfe Black and Gold tier clients, there’s also an option to have your dividends paid directly into your bank account each quarter).
U decide for yourself
i hope no1 gave up Syfe Reits by now, i m still holding it for Parents (and myself for comparison)
https://www.syfe.com/magazine/singapore-reits-whats-ahead-for-2022/
In addition, S-REITs currently have an average gearing ratio of 37%, comfortably below the regulatory threshold of 50%. Gearing ratio, which measures leverage, is calculated by dividing total borrowings by total assets. A lower gearing ratio below the threshold implies healthy balance sheets and that S-REITs can service their debt and still have room to raise more debt (if and when needed) for additional acquisitions or operations.
Looking at periods in the past where the Fed funds rate has increased along with the 3m SIBOR rate, performance of S-REITs have been mixed.
During the taper tantrum of 2013, S-REITs fell by close to 17% over 9 months. In 2015, where global markets experienced a sell-off with the Greek debt default, a sharp fall in petroleum prices, and slowing growth in China, S-REITs fell 9% over 8 months.
However, from the time we saw the first rate hike in late 2015 to when the Fed funds rate hit 2.25-2.5% (the highest in ten years), S-REITs delivered stellar performance of almost 73%.
So far this year, S-REITs have remained relatively defensive after the Federal Reserve increased interest rate nine notches (once in March, two notches in May and three notches in June and July). For the first six months of 2022, while global equities (as measured by MSCI World index) fell close to 20%, S-REITs are down 2.9%. Despite the large hike in July, S-REITs gained 3%.
We looked at how S-REITs have done when Singapore’s GDP has grown or contracted over the last 10 years.
Perhaps surprisingly, REITs tend to have moderately positive returns when the economy grows at 2-5%, and grow more in periods of lower growth than in periods of higher growth. As this year’s forecast is expected to fall between 3-5%, even if growth comes in slightly under target, S-REITs could still be in a good spot – a bit like Goldilocks: just right!
https://www.syfe.com/magazine/singapore-reits-whats-ahead-for-2022/
S-REITs in Rising Rates
REITs, along with other capital intensive sectors, are sensitive to interest rates, given their impact on borrowing costs and yield spreads. To mitigate the downside risks, S-REITs have been managing their interest rate exposures actively. According to SGX, on average, close to 75% of S-REITs’ current debts are either in fixed rates or hedged through floating-to-fixed interest rate swaps.In addition, S-REITs currently have an average gearing ratio of 37%, comfortably below the regulatory threshold of 50%. Gearing ratio, which measures leverage, is calculated by dividing total borrowings by total assets. A lower gearing ratio below the threshold implies healthy balance sheets and that S-REITs can service their debt and still have room to raise more debt (if and when needed) for additional acquisitions or operations.
Looking at periods in the past where the Fed funds rate has increased along with the 3m SIBOR rate, performance of S-REITs have been mixed.
During the taper tantrum of 2013, S-REITs fell by close to 17% over 9 months. In 2015, where global markets experienced a sell-off with the Greek debt default, a sharp fall in petroleum prices, and slowing growth in China, S-REITs fell 9% over 8 months.
However, from the time we saw the first rate hike in late 2015 to when the Fed funds rate hit 2.25-2.5% (the highest in ten years), S-REITs delivered stellar performance of almost 73%.
So far this year, S-REITs have remained relatively defensive after the Federal Reserve increased interest rate nine notches (once in March, two notches in May and three notches in June and July). For the first six months of 2022, while global equities (as measured by MSCI World index) fell close to 20%, S-REITs are down 2.9%. Despite the large hike in July, S-REITs gained 3%.
But what if we are heading towards stagflation or recession?
The effects of higher inflation are difficult to ignore. Along with global central banks, the Monetary Authority of Singapore (MAS)has tightened monetary policy to rein in inflation. The labor market remains robust (unemployment rate of 2.9% and 242 job openings for every 100 unemployed persons), and domestic and global economic growth is still expected to be positive. MTI stated earlier in July that Singapore does not expect its economy to slide into a recession or stagnation in 2023, despite global headwinds.We looked at how S-REITs have done when Singapore’s GDP has grown or contracted over the last 10 years.
Perhaps surprisingly, REITs tend to have moderately positive returns when the economy grows at 2-5%, and grow more in periods of lower growth than in periods of higher growth. As this year’s forecast is expected to fall between 3-5%, even if growth comes in slightly under target, S-REITs could still be in a good spot – a bit like Goldilocks: just right!
Congrats!!!care to share your returns and when u have vested too?
i m shocked b it at EDMW forums suddenly all asking about investing on which S&P , be it world index...
&
the whole world is asking/discussing for SGS/Tbills / SSB/FD or Income's gro capital Ease saving income
i m puzzled why no 1 buy a reits etf even if they dont like to go w a Robo?!?
Which S&P can ride thru the high inflation hedge? Read the syfe article too
Click : here! (See the Redline) , the returns (on this chart of yahoo) are yet to incld Divs returned of at least 4-5% (u can grab the divs to reinvest elsewhere too or RSP/DCA more?)
i m shocked b it at EDMW forums suddenly all asking about investing on which S&P , be it world index...
&
the whole world is asking/discussing for SGS/Tbills / SSB/FD or Income's gro capital Ease saving income
i m puzzled why no 1 buy a reits etf even if they dont like to go w a Robo?!?
Which S&P can ride thru the high inflation hedge? Read the syfe article too
If one has gotten in Reits at beginning of this yr 2022 or around that ? u would have easily beat many S&P or world index
Click : here! (See the Redline) , the returns (on this chart of yahoo) are yet to incld Divs returned of at least 4-5% (u can grab the divs to reinvest elsewhere too or RSP/DCA more?)
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PC-User
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Mine still -1.27%, faster faster!
it is due to time of entering too! be patience ya!
I have 2 reits a/cs (of Syfe) to experiment
1 w Parents Much longer 8.95%* Dec 2020 (obviously during covid times)
yes we release funds in/out when we needed funds to be dployed on better platforms
the one recently created Jan 2022 is 4.16% TWR* (yes we opted to cash out div instead of reinvesmt)
( i mentioned if one has gotten in Reits at beginning of this yr 2022 or around that) so i dont forsee Reits will drop drastially in the midst of High inflation and Fed raising rates.... in fact it has dashed thru, let be extremely prudent
Let's imagine if economy is bad, and TWR dropped to 3%? minus 1.16% but i will still get to collect my next2 round of divs...... so (i) 3%
but u have to add on + divs (imagine the next 2 round of divs r lesser due to bad economy u still get a plain return of div of (ii) 1.67-2.17% of your initial investmt)
is the return less attractive (to those who can take such risk?) than SSB/SGS /govt bonds?
erm , i disagree!
Cos at (i) u alrdy gotten back your SSB returns (current is the most paying u less than a 3% p.a)
and on top of that? u got another (ii) too
It is of no rocket science to see this point right?
* : this TWR (time wt ret) would have inclded returns of the Price and ALL divs recd:
u knw for sure there will be quarterly payouts havent incld the next two rounds.........so for sure the TWR will b up
https://www.sgx.com/indices/products/sreitlsp
I have 2 reits a/cs (of Syfe) to experiment
1 w Parents Much longer 8.95%* Dec 2020 (obviously during covid times)
yes we release funds in/out when we needed funds to be dployed on better platforms
the one recently created Jan 2022 is 4.16% TWR* (yes we opted to cash out div instead of reinvesmt)
( i mentioned if one has gotten in Reits at beginning of this yr 2022 or around that) so i dont forsee Reits will drop drastially in the midst of High inflation and Fed raising rates.... in fact it has dashed thru, let be extremely prudent
Let's imagine if economy is bad, and TWR dropped to 3%? minus 1.16% but i will still get to collect my next2 round of divs...... so (i) 3%
but u have to add on + divs (imagine the next 2 round of divs r lesser due to bad economy u still get a plain return of div of (ii) 1.67-2.17% of your initial investmt)
is the return less attractive (to those who can take such risk?) than SSB/SGS /govt bonds?
erm , i disagree!
Cos at (i) u alrdy gotten back your SSB returns (current is the most paying u less than a 3% p.a)
and on top of that? u got another (ii) too
It is of no rocket science to see this point right?
* : this TWR (time wt ret) would have inclded returns of the Price and ALL divs recd:
u knw for sure there will be quarterly payouts havent incld the next two rounds.........so for sure the TWR will b up
https://www.sgx.com/indices/products/sreitlsp
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Yes but it is the whole Syfe Wealth Pf (excld cash/$ mkt) so long there r in all a 20K or more, then u can opt to cash-out
Some will qn why dont we get our own ETFs and pay for SGX and brokers fees on purchase and sales?
but this CLR only semi-annual distribution
and @ least a 0.6% exp ratio
https://www.lionglobalinvestors.com/en/fund-lion-phillip-s-reit-etf.html
& thru Syfe wealth
Only
0.5%
Annual management fee (or much lower for Gold tier or pte wealth*)
for SGD 20k+
Min invested amount OR current value of all investment portfolios
*: https://www.syfe.com/wealth/pricing...HrwR8kcC0atZixIEL2ubeKkhJRJJo-hoaAnJ3EALw_wcB
the following been shared previously too, if by CSOP Reits (The fund was launched in November 2021 by CSOP Asset Management, a Hong Kong-based offshore asset manager. Given the recency of the launch, no tracking error data is currently available for the ETF)
but this CLR only semi-annual distribution
and @ least a 0.6% exp ratio
https://www.lionglobalinvestors.com/en/fund-lion-phillip-s-reit-etf.html
& thru Syfe wealth
Only
0.5%
Annual management fee (or much lower for Gold tier or pte wealth*)
for SGD 20k+
Min invested amount OR current value of all investment portfolios
*: https://www.syfe.com/wealth/pricing...HrwR8kcC0atZixIEL2ubeKkhJRJJo-hoaAnJ3EALw_wcB
the following been shared previously too, if by CSOP Reits (The fund was launched in November 2021 by CSOP Asset Management, a Hong Kong-based offshore asset manager. Given the recency of the launch, no tracking error data is currently available for the ETF)
Some will qn why dont we get our own ETFs and pay for SGX and brokers fees on purchase and sales?
but this CLR only semi-annual distribution
and @ least a 0.6% exp ratio
https://www.lionglobalinvestors.com/en/fund-lion-phillip-s-reit-etf.html
& thru Syfe wealth
Only
0.5%
Annual management fee (or much lower for Gold tier or pte wealth*)
for SGD 20k+
Min invested amount OR current value of all investment portfolios
*: https://www.syfe.com/wealth/pricing...HrwR8kcC0atZixIEL2ubeKkhJRJJo-hoaAnJ3EALw_wcB
the following been shared previously too, if by CSOP Reits (The fund was launched in November 2021 by CSOP Asset Management, a Hong Kong-based offshore asset manager. Given the recency of the launch, no tracking error data is currently available for the ETF)
How syfe keep track of tracking error when they don't even have a way to take into account their own fees which varies across clients?
Please la. Their fees can be 0.65% p.a.. At the very least their tracking error should be that. Unless they say they can consistently outperform their index.
Anyone with a bit of financial knowledge will find the way they display the data to be extremely biased (double counting CSOP ETF fees) and misleading. There is a reason why we pay audit fees and get an annual report/financial statement for funds.
Save that few basis points to lose money that we may not be aware of? No thanks.
My take on Syfe REIT is not so much on fees but more on their minimum investment which can be $1 versus the SGX listed CSOP ETF minimum of 100 shares? But Syfe demand 20k then can get cash payout dividend is a killer for me so I decided not to enter. 20k for Syfe Wealth total excluding their Syfe Cash+ is a deal breaker. Why Syfe Cash+ cannot count as part of 20k? Since don't agree with their rules then don't enter
direbmem
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I think they have since corrected that.
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