Over the weekend, we have garnered extremely high interest on our company’s latest launch on Real Estate Investment Trust ETF. The initial offering period will be till 13 October 2016, while trading for this counter will start trading 9am on 20 October 2016. It is the first SGX Reit ETF listed in Singapore tracking both local and regional REITS passively. Putting on the hat of an investor, this is a short table that I think might be useful to know with regards to the subscription of this ETF pre-listing. Please note that personally, I am currently not vested in this counter to prevent conflicts of interest. I do however own shares that are components of this ETF. Pros Cons Diversification...
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With Additional Information on Interest Rates It is an exciting time in our local market. We see STI experiencing a rally of close to 220 points with 7% gains, making them one of Asia strongest benchmarks in 2017 YTD. We might see another interest rate hike happening this month and a new launch of Nikko REIT ETF. In this article, I would also like to share some views on interest rates (due to popular demand) and compare the differences and similarities of Nikko Asia REIT ETF and Phillip APAC REIT ETF. Please note that I am currently not vested in either ETFs to prevent any conflict of interest. I do own shares that are components of these ETFs. Current interest...
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New to robo-advisers? Let us answer some of the questions you might have. Robo-advisers are on the rise and as an investor, you can receive such financial services too. Robo-advisers offer portfolio management services at cheaper rates and allow you to get into high-quality portfolios bringing convenience to busy investors who can passively monitor their portfolio online. Are these services for you? Investors who would like to own a basic diversified portfolio of Exchange-Traded Funds will find a low cost solution helpful whereas if you require complex portfolios you can consult a financial advisory representative. You can easily embark on robo-adviser services online with a few clicks. How does this online platform know my needs? At Phillip, our SMART Portfolio...
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Gloomy industries outlooks from the oil and gas, property and banking, coupled with lukewarm political ties with China are undermining growth prospects for Singapore’s economy. Investors may consider investing into regional markets as a form of diversification and to tap into China’s one belt one road initiative. Investing in stocks listed on the Hong Kong Stock Exchange (HKEx) is an option as it has more than 1700 listed companies with a market capitalization of HKD28 trillion. Aside from being Asia’s 3rd largest bourse by market capitalization, here are more reasons to consider stocks listed on HKEx. 1. Tax competitiveness Both Singapore and Hong Kong are generally tax-friendly with corporate tax rates of 17% and 16.5% respectively while US companies are subject to a corporate tax rate of 39.6%. Hong Kong does not impose withholding tax on dividends. Investors will receive the full amount declared by a company. On the other hand, the United States levies a 30% withholding tax on dividends paid to foreign investors. All else being equal, a company's return on equity and operating cash flow will be eroded with increasing corporate tax rate. Net dividend yield will also be reduced by withholding tax. Therefore, it makes sense for investors who are focusing on building a dividend income stream to invest their funds in tax-friendly stock exchanges like HKEx. 2. Access to sectors-which are not-available on SGX Always dream of owning a stake in the Electronic Road Pricing...
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