Singapore REITs

REIT ETFs

REIT exchange traded funds (ETFs) made their debut on the Mainboard of Singapore Exchange Securities Trading Limited in 2016. There are now five listed REIT ETFs:

  • Lion-Phillip S-REIT ETF The investment objective of the Fund is to replicate as closely as possible, before expenses, the performance of the Morningstar® Singapore REIT Yield Focus IndexSM (the “Index”) using a direct investment policy of investing in all, or substantially all of the underlying securities constituting the Index. Click here to Issuer website.
  • NikkoAM-Straits Trading Asia Ex-Japan REIT ETF The investment objective of the Fund is to replicate as closely as possible, before expenses, the performance of the FTSE EPRA Nareit Asia ex Japan REITS 10% Capped Index (“Index”).  Click here to Issuer website.
  • Phillip SGX APAC Dividend Leaders REIT ETF The investment objective of the Fund is to seek to provide a high level of income and moderate long-term capital appreciation by tracking, as closely as possible, before expenses, the performance of the iEdge APAC Ex-Japan Dividend Leaders REIT Index. Click here to Issuer website.
  • CSOP iEdge S-REIT Leaders ETF The investment objective of CSOP iEdge S-REIT Leaders Index ETF is to replicate as closely as possible, before fees and expenses, the performance of the iEdge S-REIT Leaders Index. Click here to Issuer website.
  • UOB Asia Pacific (APAC) Green REIT ETF The UOB APAC Green REIT ETF is the world’s first APAC Green REITs ETF. The Fund aims to replicate the iEdge-UOB APAC Yield Focus Green REIT index. Click here to Fund website.

More companies are attempting to introduce such investment products in Singapore, riding on the trend of increasing investor interest in the real estate sector and receiving stable distributions and investment returns through passive investing in ETFs and index funds. With the tax change announced in the 2018 Singapore Budget to allow distributions from S-REITs to ETFs to be made free of Singapore withholding tax of 17% and for tax transparency treatment to be accorded to REIT ETFs, it is likely that more REIT ETFs may be listed in Singapore in the medium term.

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