Industry Distribution:

1. Financial Services: approx. 40%
2. Real Estate: approx. 20%
3. Telecommunications: approx. 15%

TOP 3 Markets:

1. Singapore: approx. 70%
2. Malaysia: approx. 10%
3. Indonesia: approx. 8%

The SPDR Straits Times Index ETF (SGX:ES3) is heavily focused on the financial sector, which is typical for the Straits Times Index as it includes many major banks and financial service providers. Real estate and telecommunications are also significant sectors that shape the ETF's portfolio.

Geographically, the ETF is mainly oriented towards the Singaporean market, explaining the high concentration in Singapore. Malaysia and Indonesia are other important markets that play a role due to their regional proximity and economic interconnections with Singapore.

The SPDR Straits Times Index ETF (SGX:ES3) is an exchange-traded fund (ETF) and not a company that produces physical products.

ETFs are financial products that replicate an index, such as the Straits Times Index. They invest in the companies included in the index to replicate their performance. Therefore, there are no production facilities or physical production in the traditional sense.

The SPDR Straits Times Index ETF is managed by State Street Global Advisors, one of the world's leading asset managers.

Current Dividend Yield: 3.5% (2026)

The SPDR Straits Times Index ETF (SGX:ES3) is an exchange-traded fund that tracks the Straits Times Index (STI), reflecting the performance of the 30 largest companies listed on the Singapore Exchange. Being an ETF, it does not pursue its own growth strategy in the traditional sense of a company. Instead, the ETF aims to closely replicate the performance of the underlying index.

For future growth, the ETF focuses on reflecting the composition of the STI, which is influenced by the performance of the largest and most liquid companies in Singapore. These companies operate in various sectors including finance, real estate, and telecommunications, and their growth strategies indirectly impact the ETF's performance.

Investors in the SPDR Straits Times Index ETF can benefit from diversification and growth opportunities arising from Singapore's economic development and the Asian region. The ETF's long-term growth prospects are therefore heavily dependent on the economic stability and growth potential of the companies included in the index.

Commodity Imports of the SPDR Straits Times Index ETF: No direct imports

The SPDR Straits Times Index ETF (SGX:ES3) is an exchange-traded fund that tracks the Straits Times Index. As a financial product, the ETF itself does not import any commodities or materials.

The index consists of the 30 largest companies traded on the Singapore Exchange. However, these companies may import commodities and materials. The specific commodities and their countries of origin depend on the respective industries and business models of the companies included in the index. For example:

• Energy companies could import oil and gas from countries like Saudi Arabia or Malaysia.
• Industrial companies could source metals and other commodities from Australia or China.

To obtain detailed information about commodity imports, one would need to analyze the annual reports of the individual companies in the index.

Current Market Share: Estimated 25% in the ETF market for Singapore (2026)

Expense Ratio: 0.3% (2026)

The SPDR Straits Times Index ETF (SGX:ES3) is one of the leading ETFs in Singapore, tracking the Straits Times Index. Its competitive advantage lies in strong brand recognition and established market presence. With an estimated expense ratio of 0.3%, it offers a cost-effective way for investors to access the Singaporean stock market.

Another advantage is the ETF's liquidity, supported by high trading volume, making it attractive to institutional and retail investors. The market share of around 25% in the ETF market for Singapore indicates that the SPDR Straits Times Index ETF plays a significant role and is chosen by many as a preferred investment instrument.

Nevertheless, the ETF must compete with other providers offering similarly cost-effective and diversified products. To maintain its competitive edge, the ETF could benefit from further innovations and stronger customer loyalty.

Institutional Investor Share: Estimated 60-70% (2026)
Insider Buys/Sells: No significant transactions known (2026)

The SPDR Straits Times Index ETF is a popular ETF that tracks the Straits Times Index. The institutional investor share is estimated to be between 60 and 70 percent, as ETFs are often used by institutional investors to achieve broadly diversified exposures.

Insider buys or sells are less relevant for ETFs, as they are typically passively managed and do not represent direct company holdings. Therefore, there are no significant insider transactions to report.

Market share of SPDR Straits Times Index ETF: Estimated around 10% (2026)

Top competitors and their market shares:

1. iShares MSCI Singapore ETF: 12%
2. Nikko AM Singapore STI ETF: 9%
3. Lion-Phillip S-REIT ETF: 8%
4. DBS Singapore Equity Fund: 7%
5. UOB Singapore Fund: 6%

The SPDR Straits Times Index ETF (SGX:ES3) has a significant market share in the Singapore ETF space, but currently, the iShares MSCI Singapore ETF is the market leader with a market share of around 12%. The SPDR ETF maintains a stable market share of about 10%, attributed to its long market presence and strong brand recognition.

The "moat" of the SPDR Straits Times Index ETF mainly lies in its established market position and broad acceptance among investors looking to invest in the Singapore market. The ETF provides a cost-effective way to invest in the entire Straits Times Index, which is an advantage over some competitors that may charge higher fees or be less liquid.

However, some competitors like the iShares MSCI Singapore ETF may have an edge through specific differentiation strategies or a broader international network that helps attract investors. Competition in this market segment is intense, and while the SPDR ETF has a solid moat, competitors could strengthen their market position further through innovations or strategic partnerships.

Fund Size: 1.5 billion SGD (2025) Dividend Yield: 3.8% (2025) Annual Return over 5 Years: 4.5% (2025)

The SPDR Straits Times Index ETF (SGX:ES3) offers investors a way to invest in Singapore's broad market. With a fund size of 1.5 billion SGD, the ETF demonstrates a solid capital base, indicating a certain level of stability and investor confidence.

The dividend yield of 3.8% is attractive to investors seeking regular income, especially in a low-interest environment. This makes the ETF a potentially good choice for income-oriented investors.

The annual return of 4.5% over the past five years suggests moderate value appreciation. This indicates that the ETF has been able to grow at a steady pace, which could be of interest to long-term investors.

Overall, the SPDR Straits Times Index ETF could be a good investment for investors interested in diversifying into Asian markets and seeking a combination of capital growth and dividend yield. However, individual investment goals and risk tolerances should be taken into account.

Dividend Yield: 3.5% (estimated for 2026)
Payout Frequency: Semi-annually

The SPDR Straits Times Index ETF (SGX:ES3) regularly pays out dividends. The dividend yield typically ranges between 3% and 4%, depending on the performance of the companies included in the index. The payouts are usually made semi-annually and are relatively reliable as they are based on the dividends of the companies included in the Straits Times Index.

Historically, the ETF has followed a consistent dividend policy, making it an attractive option for investors seeking regular income. However, the reliability of the payout depends on the economic situation in Singapore and the performance of the companies included in the index.