It is noteworthy that Phillip Sing Income ETF was listed at the time of a stocks markets corrections for not only Singapore bourse but also the overseas bourse.
I believe Phillip Sing Income ETF, which has some of the larger-weighed STI constituent stock would have to trend down in line with the broader markets as the ETF seeks to replicate the performance of the Singapore Stocks market performance. In my belief, this ETF is rather like a subset of the STI ETF since it focuses on the larger stocks which constitute the STI.
I believe investors who are into Phillip Sing Income ETF will chose to invest in this ETF on a longer basis. And this investing commitment will stand them in good stead as they hold this ETF through the stocks markets volatilities which the global investors are seeing now. Join the emailing list to receive regular Financial and Singapore stocks newsletters too! Like" me on Singapore Stocks Investing Facebook page to receive all posts on your Facebook as well as read more articles. Follow me on Twitter too.
