Chart of the Day: Non-REIT small cap stocks average YTD return hits 12% in April

Food firm QAF saw the highest returns of 43.6%.

This chart from the Singapore Exchange (SGX) shows that the 12 non-REIT constituents of the FTSE Small Cap Index saw an average return of 12% YTD in April, with food firm QAF witnessing the highest returns of 43.6%.

Rounding up the top five non-REIT FTSE small cap stocks with the highest returns are UMS Holdings (28.1%), Chip Eng Seng (20.5%), Bumitama Agri (15.3%), and Lian Beng Group (15.1%).

The YTD returns of Siic Environment, Hong Leong Finance and Centurion Corp hit 12.7%, 9.4% and 4.8% respectively.

The FTSE Small Cap Index comprises 51 constituents with a combined market cap of about $40b, ranging from $63m to over $2b. The 10 largest capitalised constituents of the FTSE ST Small Cap Index account for more than a third of the Index’s weighting, and comprise six REITs, two consumer stocks, one healthcare play, and one financial services provider.

Excluding REITs and business trusts, the Index has 32 non-REIT constituents, with dividend indicated yields ranging from below 1% to above 9%. Of these 32, 12 stocks have indicated yields of above 4%.