Lion Global Investors (LGI), together with Phillip Capital Management, will launch their new REITs ETF – the Lion-Phillip S-REIT ETF (Stock code: CLR; Bloomberg: SREITS SP) – on SGX on 30 October 2017.
The ETF tracks the Morningstar® Singapore REIT Yield Focus Index (MSDIRYPS Index), which comprises 23 Singapore REITs and has a trailing 12-month dividend yield of 5.75%.