tag:blogger.com,1999:blog-2558835596101121602.post7281823861082749325..comments2024-02-29T13:59:08.383+08:00Comments on Singapore IPOs: Lion-Phillip S-REIT ETFMr. IPOhttp://www.blogger.com/profile/16449331327581040185noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-2558835596101121602.post-62075554544537921532017-10-14T19:38:09.114+08:002017-10-14T19:38:09.114+08:00The $50K subscription is for participating dealers...The $50K subscription is for participating dealers / market makers.<br /><br />For retail, it's min $1K & in additional blocks of $1K.<br /><br />Yeah ... all the fees add-up will be rather high for a pure passive REIT ETF whose main aim is for income & not capital growth.<br /><br />Just the basic 0.5% annual mgmt fee is equivalent to many smart beta / alternative / active ETFs on USAnonymousnoreply@blogger.com