Performance of SPDR STI ETF – FY 2016 against FY 2015

Interesting to see how SPDR Straits Times Index ETF performed for the financial year (FY) ended 30 June 2016. I did a quick comparison of key indicators between FY 2016 against FY 2015.

Indicators FY 2016 FY 2015 Change (%)
Net Asset Value (NAV) $2.886 $3.362 – 14.1
Net (losses)/gains on investments ($43,265,152) $10,552,266 -510.0
Total (deficit)/return for year ($29,884,972) $21,561,247

 

-238.6
Distributions for year per unit $0.100 $0.093 +7.5

Net asset value per unit dropped 14.1% from $3.362 to $2.886 on 30 June 2016. Current NAV was $2.92 on 3 October 2016.

During the year, STI ETF made net losses in investments (-$43.2 million). The previous year was net gains on investments ($10.5 million).

Total return for the year swung from net profits to net losses from one year to the next. Total deficit for the year was $29.8 million.

Distributions per unit for the FY 2016 went up 7.5% to $0.10.

SPDR STI ETF did poorly for the year ended 30 June 2016. This period was a terrible one year for investments in Singapore equities.

Copyright © 2016, limkimtong for Living Investment

The material presented is intended to be general and written in layman’s language as much as it is possible. The author shall not be liable for any direct or consequential loss arising from any use of material written. Please seek professional advice from your financial advisor or financial institutions on material written covering financial matters.

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