“This ETF offers investors stable income, attractive book value, and diversified, convenient, and efficient access to REITs across Singapore,” says the analyst.
PhillipCapital analyst Helena Wang has initiated a “buy” call on CSOP iEdge S-REIT Leaders Index ETF (CSOP iEdge S-REIT ETF) with a target price of 87 cents, emphasising the exchange-traded fund’s (ETF) position as the deeper discounted REIT ETF in Singapore.
Alongside Lion-Phillip S-REIT ETF, Wang notes that CSOP iEdge S-REIT ETF is one of the only two listed REIT ETFs on the Singapore Exchange (SGX:S68
) (SGX) that focuses solely on Singapore. The REIT ETF tracks the performance of the iEdge S- REIT Leaders Index, which features the largest, most liquid, and tradable REITs listed on SGX.
