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SGX launches REIT Index for Asia Pacific ex Japan

Jude Chan Published on Mon, Aug 29, 2016 / 10:56 AM GMT+8

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SINGAPORE (Aug 29): Singapore Exchange (SGX) on Monday launched the SGX APAC ex Japan Dividend Leaders REIT Index, comprising 30 real estate investment trusts (REITs) across the Asia Pacific region excluding Japan.

It will be the first SGX index to be used as a benchmark index for a new exchange-traded fund (ETF).

In addition, the index is the first of its kind that is composed entirely of REITs in the Asia Pacific region that are dividend weighted, as well as accessible through an ETF.

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