Both exchange traded funds (ETF) released their annual reports for the year ended 30 June 2013.
Their results are tabulated below.
|SPDR STI ETF||Nikko AM STI ETF|
|Inception date||17 Apr 2002||24 Feb 2009|
|Fund size||$369.55m||$126.46 m|
|NAV per unit||$3.186||$3.2058|
|Price at 2 October 2013||$3.22||$3.24|
|Total return for year||$41.3 m||$16.5 m|
|Board lot size||1000||100|
|Distribution per unit||$0.08||$0.07|
On 2 October 2013, STI was at 3152.58 points level, Price of SPDR STI ETF was $3.22, Price for Nikko AM Singapore STI ETF was $3.24. NAV per unit for Nikko STI ETF was higher than SPDR STI ETF ($3.2058 vs $3.186).
Historical distribution yield for SPDR’s was 2.48% and Nikko’s was 2.16%, based on prices at 2 October 2013.
Price to book ratio for SPDR STI ETF was 1.010671 against 1.010668 for Nikko AM Singapore STI ETF. Very similar P/B ratio.
Expense ratio for SPDR STI ETF was 0.30% against 0.39% for Nikko AM Singapore STI ETF.
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