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.
Phillip Securities
Commerzbank AG (HK)
Flow Traders
Please refer to this for a copy of the preliminary prospectus.
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
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
