The smarter way to build your real estate portfolio
CSOP iEdge S-REIT Leaders Index ETF
Secondary Market Trading:
SGD and USD
Why should you invest in CSOP iEdge S‑REIT Leaders Index ETF (SRU/SRT)?
Investing in Fast-Growing S-REITs
A real estate investment trust in Singapore (S-REIT)
A fund on SGX that invests in a portfolio of income generating real estate assets such as shopping malls, offices or hotels, usually with a view to generating income for unit holders of the fund.
Investors holding a REIT can enjoy:
S-REITs Market – one of the largest REITs market in Asia Pacific
The size of S-REITs market as of end 2020: ~SGD 110 billion, with a CAGR of 11%.
S-REITs market has grown to ~S$111 billion as of End 2021
Source: Bloomberg, SGX, as of end 2021.
Offering Stable and Sustainable Dividend Payments
Stable dividend income due to high payout ratio specified by Singapore’s regulation. Relatively attractive dividend yield.
Compared with other major assets, the S-REITs are expected to have relatively attractive dividends yield at more than 5%.
Highest dividend yield vs other asset classes in Singapore
Source: SGX, as of 30 September 2021. Refers to dividend yield of iEdge S-REIT Leaders Index.
Acting as a Good Hedge against Inflation
Dividend yield estimated to be higher than inflation rate
Inflation often leads to higher rents, which is a composition of consumer price index (CPI). Annual dividend yield of REITs is expected to be much higher than Singapore inflation rate in the next 2 years.
Annual dividend yield of REITs vs. Singapore CPI YoY
Source: Bloomberg., IMF, SGX, JLP. The historical numbers are calculated by JLP. The numbers of 2021E-2023E are estimates from Bloomberg
Tracking iEdge S-REIT Leaders Index with Decent Diversification
a liquid representation of the S-REITs market in Singapore
comprehensively consists of 28 large-mid cap and liquid S-REITs, ranging from Industrial, Office, Retail, Data Center, Healthcare, Hotels1
only 12.5%, lower than all of its underlying S-REITs
Lowest volatility compared with individual S-REITs2
1. Source: SGX, as of 30 September 2021
2. Source: Bloomberg, as of 13 October 2021
Outstanding Historical Performance
Over the last 10 years, S-REITs averaged an annualized total return of 10.7% and 90-day volatility of 10.5%, outperforming the global major REITs indexes3.
Historical performance of ~10% per annum over the last 5 years – outperforming other major global REITs indices4
3. Bloomberg, 14 October 2011 to 15 October 2021. Proxied by iEdge S-REIT Leaders SGD Index (Total Return)
4. Source: Bloomberg, CSOP. 6 May 2016 to 31 March 2022. All SGD indexes.
iEdge S-REIT Leaders Index
24 March 2014
SGD 44.02 billion
billon, as on 29 July 2022
NUMBER OF SECURITIES:
26, as of 30 September 2022
Market Capitalization Weighted
10% for each security
USD & SGD
Semi-annually (March &
Source: SGX, as of 30 September 2022
iEdge S-REIT Leaders SGD Index - Historical performance as of 30 Sep 2021
Source: SGX, as of 30 September 2021
|B0D6P43||MLT SP Equity||Mapletree Logistics Trust||10.20%|
|6563875||AREIT SP Equity||Ascendas Real Estate Investment Trust||10.00%|
|6420129||CICT SP Equity||CapitaLand Integrated Commercial Trust||10.00%|
|B4LR5Q8||MINT SP Equity||Mapletree Industrial Trust||9.40%|
|B5143W8||MCT SP Equity||Mapletree Commercial Trust||9.20%|
|BYYFHZ2||FLY SP Equity||Frasers Logistics and Commercial Trust||8.90%|
|BT9Q186||KDCREIT SP Equity||Keppel DC REIT||7.50%|
|B12RQH4||KREIT SP Equity||Keppel REIT||5.00%|
|B04PZ72||SUN SP Equity||Suntec Real Estate Investment Trust||4.10%|
|B1NZ47||FCT SP Equity||Frasers Centrepoint Trust||3.80%|
Source: SGX, as of 30 September 2021
The Index Sector Allocation5
The Index Geographical Allocation6
5. Source: BICS4, as of 30 September 2021. The above is for illustration purposes only and does not constitute a recommendation to buy/sell in the above-mentioned sector or jurisdictions.
6. Source: SGX, as of 30 September 2021. It is breakdown by the geographical revenue.