The Phillip SGX APAC Dividend Leaders REIT ETF seeks to provide investors a high level of income and moderate long-term capital appreciation by tracking the performance of 30 publicly traded REITs in the Asia Pacific ex-Japan region. The Phillip SGX APAC Dividend Leaders REIT ETF is the first ever ETF focusing on Asia Pacific REITs allowing investors a convenient and easy way to gain broad exposure to the best REITs and their prime real estate assets in the region. The ETF follows a smart beta strategy which will rank and weight the underlying REITs according to total dividends paid in the preceding 12 months, with the aim of enhancing returns above that of traditional market-cap weighted ETFs. The ETF provides investors with a unique opportunity to benefit from the continued growth of Asia Pacific via stable rental income received from high-quality real estate assets as REITs typically distribute most of its income as dividends to its shareholders.