Well, i wouldnt say "palm oil ETF" heheh - just some biz agreement between BSDREIT and their customer mar coz BSDREIT manages palm oil plantation land wor, direct impact on fruits/deliverables.

http://www.al-hadharahboustead.com.my/overview.html
Income Streams

Under the Al-Hadharah Boustead REIT, plantation assets will be leased back to the vendors for a three-year renewable tenancy with a cumulative period of up to thirty years. At the end of every three years, the fixed rental will be reviewed and a new rental will be agreed between the parties. The new rental will be determined based on historical crude palm oil (CPO) prices, prevailing and expected future CPO prices, cost of production, extraction rates and yield per hectare. Hence, income sources for Al-Hadharah Boustead REIT include:

Fixed Rental

With the renewal of the Ijarah agreement effective from 1 January 2010, the fixed rental income for the second tenancy term is increased from Tenants will pay a cumulative fixed rental of approximately RM53.2 million to RM57.8 million per annum for the first tenancy term of three years. This will be payable on a bi-monthly basis.

Performance-Based Profit Sharing

In addition to a fixed rental, the Al-Hadharah Boustead REIT may enjoy an annual profit sharing of net incremental income based on a formula pegged to CPO and fresh fruit bunch (FFB) prices. This net incremental income is determined based on the actual CPO price realised for the year, above the reference price of RM2,000 per MT for the first next three years. It will be shared on a 50:50 basis between the Tenants and the Fund. This profit sharing payment is the first of its kind in the REIT market and may translate into more handsome distribution yields for unitholders.

This post has been edited by wongmunkeong: Mar 20 2012, 09:24 PM

Hey Prophetjul,
FYI HLeB's charges (they've other countries' charges too in their PDF - want a copy? drop me a PM - will post it) though a bit late

SGX (less than or up to RM100K):
Brokerage by SGX: 0.08% minimum SGD20
Brokerage by HLeB: 0.60% minimum RM40
Bank charges: RM10
MY Stamp duty: 0.10% rounded up to nearest RM1, maximum RM200
SGX Access fees: 0.0075%
Clearing fees: 0.04%

This post has been edited by wongmunkeong: Mar 26 2012, 07:46 AM

Here ya go - pls note, screenshot from PDF that i downloaded.
Please do call and clarify with HLeB itself - dont say i say only ar
Note - all under nominee a/c if i'm understand it correctly.


This post has been edited by wongmunkeong: Mar 26 2012, 09:56 AM

Anoneh Bro ProphetJul,

Just got latest from HLeB:




This post has been edited by wongmunkeong: Mar 27 2012, 08:12 AM

Sign up with any online stock platform like Maybank2U, PBBank, HLeB, OSK, etc.
OR
Sign up with a traditional broker and call them for transactions - 'ala mummy's era (well, my mum anyway )

Bro, i no sifu lar. Can't hack it in MREITs, exporting to SREITs
I owe, i owe.. off to work i go..

There is an SG thread in LYN?!! <feels so baaaaaaka...>
Where where? <looks around frantically to see which way to run to>

Danke danke.

Me, started small with Saizen & AIMSAMPI, just to see how a JP residential (additional ForEx thinggy) and a new industrial SREIT will do .
Purely based on gross DY% + $/NAPS discount & ok-ish gearing.
No several years statistics like ROEs / ROTAs & D/Es to back these 2 buys though. Eyeballing SuntecReit and LippoMall but want to get better grounding/stats before getting in. Chicken lar

Now to read head to toe of the SG thread

hm.. yesterday ARREIT closed 0.925
today ARREIT jumped to a high of 0.935 before settling back at 0.930
Anyone sniffed anything funny / interesting going on?
Just curious since no "printed" news that i've read - danke danke

Note:
Invested party here (bought during the drop $0.900+/- a few times)

Not hourly basis lar - end of day closed data only noticed the jump while updating my trackers, thus i traced back the volume/price through the day hehe (management by exception).
Crazy meh minute/hour - it'll be another job liao, which defeats my purpose

This post has been edited by wongmunkeong: Apr 17 2012, 06:16 PM

Er..
50 lots new calculation = 5,000 units
50 lots old style = 50,000 units

in addition to what Jordy mentioned above,

in my humble opinion:
1. Keeping in mind the amount U wish to invest and consistency
eg.
a. If U have only $100 to invest per month AND want to consistently accumulate every month, rather than accumulating for 6 mths to 1 year and buy, then cost effective would be mutual fund.
b. If U have only $100 to invest per month AND willing to accumulate the amount until about $3K to buy cost effectively, then direct REITs would be better.
c. Of course if U have several thousands per month, cost effective accumulation would be direct as well.

2. Keeping in mind control of specific countries' REITs and sub-asset classes (for Asset Allocation / sub-asset allocation)
eg. xx% Plantation, xx% office/industrial, xx% residential, xx% Hospital, etc
eg. xx% MREITs, xx% SREITs, xx% AUREITs
Best would be direct REITs

Just a thought

This post has been edited by wongmunkeong: May 5 2012, 09:33 PM

DewVP, search through and checkout the Fund Investment corner http://forum.lowyat.net/topic/690951
and Public Mutual v3 http://forum.lowyat.net/topic/2007814
There are plenty of discussions/ideas on "distribution" (not "yield") by a mutual fund.

BTW, personally, i'm in PFEPRF (simple diversification + exposure to foreign REITs which i've no time to eye/monitor like China, Korea & Indonesia) and direct REITs too . Thus far, since everything bombed end 2008/early 2009, PFEPRF has been excellent VS other "equity funds" i've been doing quarterly together with PFEPRF, thus easily comparable in time value of $ & returns.

If U checkout Public Mutual's PFEPRF's last quarterly fund review, it held 33% MY, 19.26% SG, 17.78% IND, 10.69% CH, 5.76% TH, 0.72% PH and 0.67% Korea
The top 5 holdings were
IGB Bhd (like Cherroy mentioned, Property Stock, not REIT)
KrisAssets Holdings Bhd
CapitaMalls Malaysia Trust
Indonesia Gov Bond 9.50%/2031
Axis REIT

This post has been edited by wongmunkeong: May 7 2012, 08:25 PM

Dont lar like that bro.
I'm into PFEPRF as a means to get into overseas REITs and property developers + easy diversification, not optimizing returns.

If i go that way, "pound for pound" returns, thus far, PFEPRF and even other MREITs i held doesn't beat my held BSDREIT leh - sell everything and "sai lang" into 1 REIT meh

Methinks U've just started a stampede

hehe - it's a GOOD RIDE if U got it a value prices, from experience.
Been buying since 2009, 2010 and 2011 heheh.
Now no more $ to focus on MREITs ... shifting to SREITs.

This plantation REIT + a bit of a pelik animal since they get a % of the palm oil sales.

Just a thoughts

er.. i don't know how to add much value to your Q leh
"May I know the distribution of dividend for REIT stocks the same as any other stock? Why the dividend info is not available in the entitlements list by KLSE?"

The dividend payout for REITs are same with any other listed stocks - either mailed to U or electronic, depending on REIT.

As for "Where to look for dividend info then e.g. expiry date and payment date?"
I look at it online and since U may not be on the same platform (mine's HLeB) as mine, susah to comment/add value.
IF U are on HLeB or similar web platform, U can "see" it by selecting the REIT and checking out the news/announcements.

If it's the newspapers.. lagi worse.. i havent bought a newspaper since...

Gomenosai - not of much help

eh, http://biz.thestar.com.my/marketwatch/bonus/alldividends.asp, pun ada lar, though U have to scroll/hunt down each REITs lar
eg. Click on A for AXREIT and other A**** stocks

Note - U've to register (free) though.

Compiled list? U mean this http://mreit.reitdata.com/ ?

This post has been edited by wongmunkeong: May 17 2012, 12:13 PM

Ohiyo ProphetJul,
Early bird lar U.

Perhaps like me previously, no viable options mar, taking into account IF i suddenly kick the bucket, my local Will may not be executable overseas, until found out...

This post has been edited by wongmunkeong: May 18 2012, 07:58 AM

Yup yup, nice.... no tax.. + IF ForEx for SGD-RM was like 1990 to 2011, heheh... double win, like making SGD with no tax and living in MY expenses.

Once i found a "local trust account" to execute my REITs/stocks overseas (with my local Will applicable to all my investments held by the local brokerage firm), then only started moving across the causeway too

Already in AIMSAPI, Saizen and First. Waiting for a bit of time to pass to continue "collecting" - time-diversification mar and er.. running out of ammo allocated to REITs (minimum per shot to be "worthwhile" for me is about SGD9K due to brokerage and other costs)

Couldn't find "Plantation" REITs though or i may have missed it on the SGX

This post has been edited by wongmunkeong: May 18 2012, 08:17 AM