STI ETF - A Great ETF For Singapore Investors

🌟🌟🌟If you are new to investing in Singapore, $STI ETF(ES3.SI)$  is a great way to kick start your investments.  In just 1 trade, you gain access to 30 of Singapore's Blue Chips companies.

The Top 10 holdings include the 3 Singapore Banks DBS, OCBC and UOB as well as Singtel, Jardine Matheson Holdings, Keppel Ltd, Capitaland Integrated Commercial Trust, Capitaland Ascendas Reit, Singapore Airlines and Singapore Exchange.

$DBS GROUP HOLDINGS LTD(D05.SI)$  is the Top holding at 22%, followed by $OVERSEA-CHINESE BANKING CORP(O39.SI)$  at 16% and $UNITED OVERSEAS BANK LIMITED(U11.SI)$  at 12%.  Together the 3 Big Banks take up 50% of the holdings.

Singapore Banks provide attractive value with low P/B ratio at 1.13 times and high dividends.  DBS is the biggest bank in Asia by market capitalisation and winner of many awards including the World's Best Bank.  DBS is scheduled to announce its Q124 results on May 2.

OCBC is the 2nd largest bank in Singapore and also one of the world's most highly rated banks with an Aa1 rating from Moody's and AA-rating from Standard & Poor.  It will announce its Q124 earnings report on May 10.

While UOB is the smallest of the 3 local banks, its strength is in retail banking with branches in SouthEast Asia, having acquired Citibank 's consumer banking business  in Malaysia, Thailand, Indonesia and Vietnam for SGD 5 billion, its biggest acquisition in 2 decades.  UOB will report its Q124 earnings on May 2.

$Singtel(Z74.SI)$  is Singapore' s largest telecom operator in Singapore with its Australian subsidiary Optus, the 2nd largest operator in Australia. 

Jardine Matheson is a conglomerate that owns DFI Retail Group, Hong Kong Land, Jardine Cycle & Carriage, Jardine Pacific, Mandarin Oriental and Zhongsheng Group. 

Keppel Ltd is an investment holding and management company that through its subsidiaries, carries out operations on marine, property, infrastructure, telecommunications and transportation business. 

Capitaland Integrated Commercial Trust is the first and largest  REIT that owns and invests in Singapore commercial real estate that is located predominantly in Singapore with a market capitalisation of SGD 13. 7 billion as at 31 December 2023.  CICT's portfolio comprises of 21 properties in Singapore, 2 properties in Frankfurt Germany and 3 properties in Sydney Australia with a total value of SGD 24.5 billion. 

Capitaland Ascendas Reit is Singapore's first and largest listed business space and industrial REIT.  Its portfolio is located in Singapore, Australia, US and UK/Europe.  These properties include data centres, IT, Engineering, logistics & supply chain management, biomedical sciences, electronics, and other manufacturing and services industries. 

Singapore Airlines is Singapore's national carrier that is well known globally for its service and extensive network of destinations.

Singapore Exchange is Singapore's primary exchange that lists stocks, bonds and options contracts in addition to financial and commodities products. 

The expense ratio of STI ETF is 0.30%.  STI ETF pays Dividends every 6 months.  The current dividend yield is 4.13%.  STI is also the oldest and largest Singapore ETF. 

At the last closing price of SGD 3.23, STI ETF s a lot more affordable than buying individual stocks like DBS which closed at SGD 34.62.

I am a long term investor of STI ETF as I believe that it offers great value for money, is well diversified and minimises my risk on investing in single stocks.  Best of all STI ETF pays regular dividends which is a great source of passive income while waiting for capital growth. 

Go Long Go Strong Go STI ETF.

@Daily_Discussion  @TigerStars  @MillionaireTiger  @Tiger_comments  @CaptainTiger  @Tiger_SG  @TigerClub