The Lion-Phillip S-REIT ETF is targeting demand for high-yield investments. (Photo: REITsWeek)The Lion-Phillip S-REIT ETF is targeting demand for high-yield investments. (Photo: REITsWeek)

Investors in the Lion-Phillip Singapore REITs (S-REIT) exchange traded fund (ETF) saw returns of -4.8% for the 12-month period ended 31 December 2018.

When taken since inception in October 2017, the ETF, which invests in a basket of Singapore-listed REITs tracked in the Morningstar Singapore REIT Yield Focus Index, returned 0.7%.

The returns have been calculated on SGD terms with dividends reinvested, net of all charges payable upon reinvestment.

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By Shariffa Al-Habshee

Shariffa joined REITsWeek in 2017, and monitors Asia-Pacific REITs for the publication.