The blue chip shares in Singapore appeared to be performing poorly in recent years. This is reflected in the performance of the SPDR STI ETF, which is invested in the top 30 blue chip shares in Singapore.
The banks in this ETF perform well. However, the industrial companies, e.g. Keppel Corp and Sembcorp, perform poorly.
This ETF was trading at $3.14 10 years ago. It is now at $2.54 a drop of 20% in 10 years. It has a high dividend yield of 4.71%. After allowing for the drop in the value of the ETF, the return is about 2% p.a.
We have Ministers who address problems by only shifty money-around polices.
ReplyDeleteWe have a population that is so full of self-pity.
End of it all everyone deserves one another!!!!!!!!!!!!!!
Adjusting policies equate to add money or minus money. Like dat a child also can.
ReplyDelete