Watching the spectacular bull run of the Singapore Big 3 banks but lacked the capital to afford a board lot of their shares?

Well there is a possible way to participate at a more affordable level through the $Lion-OSPL APAC Fin S(YLD.SG).

The YLD is an actively replicated index fund tracking 30 of the largest, highest-yielding APAC financial blue chips. It is heavily weighted toward Singapore’s "Big Three" banks (DBS, OCBC, UOB).

It is launched in May 2024 with the aims to deliver both capital growth and sustainable, regular income.

Key Dividend Mechanics:

- Frequency: Officially declared quarterly in March, June, September, and December.

- Target Policy: The manager mandates a min. 5% per annum payout based on the S$1.00 issue price for ** the first 2 years (through mid-2026)**, shifting thereafter to a target of roughly 5% of the prevailing Net Asset Value (NAV).

- Capital Sourcing: Payouts are non-guaranteed and flexible; managers can fund distributions using net income, realized capital gains, or directly out of capital (which can reduce NAV).

$DBS(D05.SG)$OCBC Bank(O39.SG)$UOB(U11.SG)