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Syfe drops OUE REIT from REIT+ portfolio, adds Starhill Global REIT

Jovi Ho
Jovi Ho • 4 min read
Syfe drops OUE REIT from REIT+ portfolio, adds Starhill Global REIT
The latest semi-annual rebalancing reverses course from the previous shift in April, when Starhill Global REIT was replaced with OUE REIT. Photo: Bloomberg
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Digital wealth manager Syfe has replaced OUE REIT (SGX:TS0U) with Starhill Global REIT (SGX:P40U) in its Syfe REIT+ portfolio, as part of a semi-annual rebalancing that was completed on Sept 24. The move reverses a shift from April, when Starhill Global REIT was replaced with OUE REIT. 

The Syfe REIT+ portfolio tracks the iEdge S-REIT Leaders Index, which is also rebalanced twice a year.

In an email to users on Sept 25, Syfe says OUE REIT was removed from the iEdge S-REIT Leaders Index “due to limited liquidity”. Prior to the change, OUE REIT had held a 0.52% weight in the Syfe REIT+ portfolio. 

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