What happened?
I recently received a question from an investor in the Beansprout community about the dividend payout of the NikkoAM-StraitsTrading Asia ex Japan REIT ETF (SGX: CFA). Specifically, they were curious about the most recent distribution for the period from 1 November 2024 to 31 January 2025, where about one-third of the payout was classified as a return of capital. It’s a great question, and one that I think many income-focused investors might be wondering about too. For those who may not be familiar, this ETF offers a simple way to get diversified exposure to REITs across the Asia ex-Japan region. It holds a mix of property trusts from markets like Singapore, Hong Kong, and China, and is currently the largest REIT ETF on the SGX by assets under management. What makes it stand out even more is that it’s also the only REIT ETF listed on SGX that…