Lion-Phillip S-REIT ETF

The fund’s dividends have been rising since its IPO, from an annual dividend of 1.8 cents at the IPO to 5.07 cents currently.

The product tracks closely the performance of the FTSE SGD 3-month Singapore Dollar Swap Offered Rate (SOR) Index.

SINGAPORE (Oct 2): Asset management companies Lion Global Investors and Phillip Capital Management have announced the launch of their jointly-owned and managed exchange-traded fund (ETF), Lion-Phillip S-REIT ETF with an initial public offering (IPO) of $1