Singapore's stable, innovative economy and prudent governance make EWS a relatively safe investment with solid long-term upside, despite recent strong gains limiting near-term potential. EWS offers geographic diversification, low management fees, and a 3.83% dividend yield, but is concentrated in traditional sectors and lacks exposure to emerging tech. Singapore's population growth is driven by skilled immigration, supporting domestic demand and competitiveness, though demographic and political risks remain.
EWS has outperformed the S&P 500 recently, sparking interest in Singapore's innovative economy. Despite these recent gains, EWS's long-term returns are lackluster, with only 151% in total return over nearly 30 years. The ETF's seventeen holdings do not effectively capture Singapore's broad economic strength and innovation leadership.
EWS offers a 3.92% dividend yield and has shown strong momentum, gaining over 10% in 6 months and over 30% in a year. Singapore's robust economic indicators, including 5% GDP growth, low inflation and a positive interest-rate outlook, make it an attractive investment despite high government debt. The ETF's concentration in a few sectors and reliance on China pose significant risks, especially in the context of geopolitical tensions.
![]() EWS 11 Jun 2024 Paid | Semi Annual | $0.35 Per Share |
![]() EWS 20 Dec 2023 Paid | Semi Annual | $0.53 Per Share |
![]() EWS 7 Jun 2023 Paid | Semi Annual | $0.68 Per Share |
![]() EWS 13 Dec 2022 Paid | Semi Annual | $0.21 Per Share |
![]() EWS 9 Jun 2022 Paid | Semi Annual | $0.28 Per Share |
![]() EWS 11 Jun 2024 Paid | Semi Annual | $0.35 Per Share |
![]() EWS 20 Dec 2023 Paid | Semi Annual | $0.53 Per Share |
![]() EWS 7 Jun 2023 Paid | Semi Annual | $0.68 Per Share |
![]() EWS 13 Dec 2022 Paid | Semi Annual | $0.21 Per Share |
![]() EWS 9 Jun 2022 Paid | Semi Annual | $0.28 Per Share |
Asset Management Industry | Financial Services Sector | - CEO | XSGO Exchange | US46434G7806 ISIN |
US Country | - Employees | - Last Dividend | 7 Nov 2016 Last Split | - IPO Date |
The fund is an investment vehicle that primarily focuses on the equity market of Singapore, targeting the large- and mid-capitalization segments. By investing at least 80% of its assets in the components of its underlying index or in investments closely matching those components, the fund seeks to replicate the performance of a specified Singapore equity market index. This underlying index is constructed with a capping methodology to prevent any single group entity from dominating by limiting its maximum weight to 25% of the index. Operating as a non-diversified fund, it emphasizes investments within a specific geographic and market capitalization focus, aligning closely with the economic characteristics and performance potential of its benchmark index.
The fund's core offering involves investments in the equity markets of Singapore, particularly focusing on large- and mid-cap segments. By mirroring the structure and component securities of its underlying index, the fund aims to achieve performance reflective of the broader market dynamics within its targeted segments. This product is ideal for investors seeking exposure to the Singaporean equity market without the need to directly buy and sell shares of individual companies.
Adhering to an index-based investment approach, the fund strategically allocates its assets among the securities included in its underlying index. This methodology ensures that the investment mix closely follows the economic characteristics and performance of the large- and mid-cap segments of the Singapore equity market. The underlying index's capping methodology further enhances the strategy by limiting overexposure to any single group entity, thereby maintaining a balanced weight distribution within the fund's portfolio.
As a non-diversified fund, this investment vehicle focuses on a narrower range of assets, primarily within the Singapore equity market, as opposed to spreading investments across a wide variety of geographic locations and sectors. This focused approach allows the fund to potentially capitalize on specific market opportunities within Singapore, while also exposing it to higher volatility and specific market risks associated with a less diversified investment strategy.