(Oct 16): Investors eyeing high yields from Singapore real estate investment trusts (S-REITs) now have a new option. On Oct 2, Lion Global Investors (LGI) and Phillip Capital Management jointly launched a new exchange-traded fund focused solely on this niche segment: the Lion-Phillip S-REIT ETF. The initial offer period opened on Oct 2 and will close on Oct 20. The issue price during this period is $1 per unit.

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