Aug 2016

SGX APAC ex Japan Dividend Leaders REIT Index

SGX Index Edge

SGX APAC ex Japan

Dividend Leaders REIT Index

SGX APAC ex Japan Dividend Leaders REIT

Index Constituents (as at 29 Jul 2016)
Geographical Breakdown

The SGX Asia Pacific (APAC) ex Japan Dividend

Leaders REIT Index is a dividend-weighted
index that captures over 70% (by total
capitalisation) of the Real Estate Investment

Singapore
27%

Trust (REIT) universe within the Asia Pacific ex

Japan region.

Hong Kong
12%

Australia
61%

The Index measures the performance of REITs

that pay the largest dividends within the
region, while considering several criteria
including size, free-float and liquidity.

REIT Classification

All constituent weights are capped at 10%,

ensuring greater portfolio diversification.

Diversified
REITs, 16.54%

Residential
REITs, 9.74%

SGX applies the globally-recognized Thomson Reuters

Business Classification to all constituents of the SGX
APAC ex Japan Dividend Leaders REIT Index.

Commercial
REITs, 72.81%

Specialized
REITs, 0.91%

About REITs
A REIT is a company that owns and usually operates income-producing real estate such as office buildings, shopping malls, apartments, hotels
and warehouses. REITs provide a way for investors to earn a share of the income produced through commercial real estate ownership,
without actually having to go out and buy commercial real estate. Most REITs are traded on major stock exchanges.
Most REITs pay out all of their taxable income as dividends to shareholders and owe no corporate tax. In turn, shareholders pay the income
taxes on those dividends.
A REIT Index provides investors with exposure to a portfolio of income-producing real estate assets.

SGX APAC ex Japan Dividend Leaders REIT Index

1,800
1,600
1,400
1,200
1,000
800
600
400
200
0

* Index rebased to 1000 as of 1 April 2011.

SGX APAC ex Japan Dividend Leaders REIT Index PR

SGX APAC ex Japan Dividend Leaders REIT Index TR
SGX APAC ex Japan Dividend Leaders REIT Index NTR

Index Information
Number of
Constituents

30

Currency

USD

Index Start
Date

19 August 2016

Base Value

1000

Weighting

Total Dividends Weighted

Review Dates

Semi-annually in March and September

Bloomberg
Ticker

SGAPDL (Price Return)

SGAPDLT (Total Return)
SGAPDLN (Net Total Return)

Thomson
Reuters RIC

.SGAPDL (Price Return)

.SGAPDLT (Total Return)
.SGAPDLN (Net Total Return)

Performance (as at 29 Jul 2016)

1 Year

3 Years*

5 Years*

SGX APAC ex Japan Dividend Leaders REIT Index (PR)

13.74%

3.35%

2.54%

SGX APAC ex Japan Dividend Leaders REIT Index (TR)

19.97%

11.01%

9.78%

SGX APAC ex Japan Dividend Leaders REIT Index (NTR)

19.48%

10.28%

9.13%

*Returns are reported on an annualised basis.

Fundamentals (as at 29 Jul 2016)

SGX APAC ex Japan Dividend Leaders REIT Index

Dividend Yield (%)

P/E

Net MCap (USD M)

4.53%

10.91

139,302

Risk Analysis
Standard Deviation

1 Year

3 Years*

5 Years*

SGX APAC ex Japan Dividend

Leaders REIT Index (PR)

17.50%

14.49%

17.68%

SGX APAC ex Japan Dividend

Leaders REIT Index (TR)

17.87%

14.31%

17.74%

SGX APAC ex Japan Dividend

Leaders REIT Index (NTR)

17.82%

14.30%

17.74%

*Standard deviations are calculated using monthly returns and reported on an annualised basis.

Top 10 Constituents
Company Name

Stock Code

Country

TRBC Industry

Index Weight

LINK REIT

823

Hong Kong

Commercial REIT

11.32%

SCENTRE GROUP

SCG

Australia

Commercial REIT

10.62%

WESTFIELD CORP

WFD

Australia

Commercial REIT

8.29%

STOCKLAND

SGP

Australia

Residential REIT

8.73%

VICINITY CENTRES

VCX

Australia

Commercial REIT

7.59%

GPT GROUP

GPT

Australia

Diversified REIT

6.15%

GOODMAN GROUP

GMG

Australia

Commercial REIT

5.44%

MIRVAC GROUP

MGR

Australia

Diversified REIT

5.48%

ASCENDAS REAL ESTATE INV TRT

A17U

Singapore

Commercial REIT

4.43%

CAPITALAND MALL TRUST

C38U

Singapore

Commercial REIT

3.47%

Data updated as of 29 July 2016

Contact Us
If you have any questions, please contact our Index Services Team at index@sgx.com
sgx.com/indexedge

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