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Phillip SGX APAC ex-Japan REIT ETF

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Phillip SGX APAC ex-Japan REIT ETF

10/12/16


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  SGX  APAC  Ex-Japan Dividend  Leaders  REIT  Index  (the  "Index").


By  tracking  the  Index which is ranked and weighted by total dividends, the Fund aims to provide  investors  with  risk-adjusted  returns  that  are  superior  to traditional  market  capitalisation-weighted  indices  as  the  30  REITs comprising the Index will be ranked and weighted according to the  highest  total  dividends  paid  in  the  preceding  12  months subject  to  size,  free-float  market  capitalisation  and  liquidity  constraints.
 

    Market Makers:
  • Phillip Securities
  • Commerzbank AG (HK)
  • Flow Traders
  •  


    Please refer to this for a copy of the preliminary prospectus.


      Important Notes:
  • All payment need to be made before 6 pm, 12th Oct 2016.
  • Indicative SGD/USD FX rate is 1.40.
  • Indicative yield: approximately 5%
  • Management Fee – 0.50% p.a. Total Expense Ratio - 0.65% p.a.
  • Manager – Phillip Capital Management (S) Ltd.
  • Dividend – Semi Annual
  • Dollar Class – USD & SGD

  •                               
      INDICATIVE TIMETABLE:
     
  • Roadshow / Bookbuilding: 6th Oct to 13th Oct
  • MAS registration: 31st Aug 2016
  • Public Offer: 6th Oct 2016
  • Listing on SGX mainboard: 20th Oct 2016

  •   INDICATIVE OFFERING PRICE RANGE:  USD0.88-USD1.10 per unit
    http://www.sgx.com/wps/portal/sgxweb/home/marketinfo/indices/indices
    http://www.phillipfunds.com/home/banner_link4