At the link you provided,... thank you. have not decided to buy the tool though,...

Let's get ready for Manulife US REIT, huh bro,... ??

Don't wallop everything, bro,... leave some for me. A little will do,... I hoped this one will not turn out like HPH Trust. During the AGM, one angry investor said that the HPH Trust business model is flawed, and it will never ever recover.

Pity the man,... he bought back in 2011 at the IPO price of USD1.00 per unit. That price has since dropped till today, at USD0.455 per unit. I recalled I stayed away when they IPO'ed HPH Trust,... got some not-so-nice feelings about it. Sometimes, in investing we go by gut feel,...

Hoped this one won't turn out to be another HPH Trust. If it's another IREIT Global, still acceptable,....

Wait till round about end-May, REIT prices may start to correct again. Hence, in the meantime, focus to catch more of Manulife,...  

Hansel,

too many stocks. any blog / forum that you refer on US stocks? i m really got to do more reading even after office hour.

hmmmmm...if the dividend is so attractive, what are we doing in Sg reits ?

for instance :

American Capital Agency Corp AGNC — 20.4% Yield

Southern Copper Corp SCCO — 8.8% Yield

NuStar Energy L.P. NS — 7.9% Yield

yeah, I heard too. I m interested with high yielding stocks. but too many. not sure which to go for.

have u started venturing into US market?

David

I believe we are retail investors here. Diversification of investment is essential for youngsters like us. Moreover we can invest as little as 100 units in US market. No harm giving a try.

And also it is an instrument for me to keep USD as quoted by Bro Hansel. Win win situation.

And perhaps u may look at US ETF too which is more diversified manner. http://www.etf.com/QQQ

David

In this case we need an explantion frm Hansel.

I bought 1 time focusing merely on cap appreciation. Once up at target price, I sold off and lock d profit.

Btw what Sg stocks have u started with? OCBC is a good choice now.

David,

fyi, some of us here are earning RM and keep changing SGD to invest in SGX market. and the exchange was not favourable to us most of time. Hope you understand us.

But you are fortunate to have a job in Sg. Envy you.

Investors,...

Singapore’s 30th REIT, Manulife US REIT, Scheduled To List On Friday (20 May).

Date 17/05/2016
The SGX S-REIT 20 Index has generated a 8.1% total return in the 2016 year through to the 17 May Singapore close. This compared to a 4.6% total return for the MSCI World REIT Index in Singapore dollar terms.
On Friday afternoon, Manulife US REIT is scheduled to list on SGX. Manulife US REIT is a Singapore REIT established with the investment strategy principally to invest, directly or indirectly, in a portfolio of income-producing office real estate in key markets in the United States, as well as real estate-related assets.
SGX currently lists five REITs categorised as “Office REITs”. These are CapitaLand Commercial Trust, Keppel REIT, Frasers Commercial Trust, OUE Commercial REIT and IREIT Global. The five REITs have all gained in the 2016 year through to the 16 May close, with average total returns at 8.2%. The five REITs also include the most recent entrant to the STI - CapitaLand Commercial Trust.
Real Estate Investment Trusts (REITs) raise capital to purchase primarily real estate assets, usually established with a view to generating income for unit holders of the fund. This allows individual investors to access real property assets, and share the benefits and risks of owning a portfolio of properties, which typically distribute income at regular intervals through dividends.

Singapore currently lists 29 REITS and six stapled securities. On Friday afternoon a thirtieth REIT – Manulife US REIT is scheduled to list on Singapore Exchange (SGX). Manulife US REIT is a Singapore REIT established with the investment strategy principally to invest, directly or indirectly, in a portfolio of income-producing office real estate in key markets in the United States, as well as real estate-related assets.

The IPO Portfolio will comprise three freehold office properties in the United States, namely Figueroa, Michelson and Peachtree. As the IPO Portfolio is, and future Properties will be, located in the US,  Manulife US REIT’s Gross Revenue and results of operations depend upon the performance of the US economy. More details can be found on the prospectus and product highlight sheet here.

At present, five of the existing 29 REITs are categorised to Office REITs according to the Global Industry Classification Standard (GICS®). These five REITs are CapitaLand Commercial Trust, Keppel REIT, Frasers Commercial Trust, OUE Commercial Real Estate Investment Trust and IREIT Global. The five REITs have all gained in the 2016 year through to the 16 May close, with average total returns at 8.2%.

The five Office REITs also include the most recent entrant to the Straits Times Index (STI) - CapitaLand Commercial Trust. Office REITs are companies or trusts engaged in the acquisition, development, ownership, leasing, management and operation of office properties.

Recent Comparative Performance of the SGX S-REIT 20 Index

The SGX S-REIT 20 Index is an adjusted free-float market capitalisation-weighted index that measures the performance of the 20 largest and most tradable REITs listed on SGX.  The Index is made up of 20 constituents with a combined market capitalisation of more than S$50 billion. In the 2016 year through to 16 May, the Index generated a 8.0% total return, with swings on 17 May seeing the year to date total return increase to 8.1%. This compared to a 4.6% total return for the MSCI World REIT Index in Singapore dollar terms over the 2016 year through to the 16 May close.

The SGX S-REIT 20 Index maintains a dividend yield of 6.2% compared to the MSCI World REIT Index’s dividend yield of 4.1%.
With the above, US Manulife REIT will start trading. For those who hold USDs, this will be a good proxy for you to invest your USDs into.

All the best !

Hi David,...I have planned like this. Since we are not allowed to use our USDs to purchase Manulife US REIT at point of IPO, I have limited my amount of subscription. I wish to conserve my SGD for other acquisitions.

Upon listing, I will reconsider the tactic. If I feel it safe to go in, and I am comfortable with the REIT, I will then utilize my USDs to purchase more.

I am still not fully-convinced that this REIT is good. Lets see if the price will open above or below USD 0.83 on Friday afternoon. And how it will close on that Friday.....

You wouldn't know yet, right ? We'll know by tomorrow afternoon to see if our money comes back or not,....

Manulife US REIT opened underwater at 2 pm a moment ago,...  

As I write, closed at USD 0.795 

I think this is more on Cap appreciation play.