{"id":50797,"date":"2024-08-29T07:45:00","date_gmt":"2024-08-28T23:45:00","guid":{"rendered":"https:\/\/www.kgieworld.sg\/research\/?p=50797"},"modified":"2024-08-28T21:08:56","modified_gmt":"2024-08-28T13:08:56","slug":"29-august-2024-wealth-product-ideas","status":"publish","type":"post","link":"https:\/\/www.kgieworld.sg\/research\/29-august-2024-wealth-product-ideas\/","title":{"rendered":"29 August 2024: Wealth Product Ideas"},"content":{"rendered":"\n<figure class=\"wp-block-image\"><img decoding=\"async\" width=\"580\" height=\"71\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2024\/08\/word-image-383.png\" alt=\"\" class=\"wp-image-50814\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2024\/08\/word-image-383.png 580w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2024\/08\/word-image-383-300x37.png 300w\" sizes=\"(max-width: 580px) 100vw, 580px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Investment Opportunity for Aerospace and Defense<\/strong>\n<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\n  Theme Overview:\n<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>\n    These ETFs focus on companies involved in the production, research, and development of defense equipment, aircraft, and related technologies.\n  <\/li><li>\n    The theme is driven by global geopolitical tensions and increased defense spending worldwide.\n  <\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">\n  Key Drivers:\n<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\n  a) Ongoing Conflicts:\n<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>\n    The Russia-Ukraine war continues with no end in sight.\n  <\/li><li>\n    The Israel-Hamas conflict has been ongoing for over a year.\n  <\/li><li>\n    Tensions between Israel and Iran are escalating, with potential for direct confrontation.\n  <\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">\n  b) Increased Defense Spending:\n<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>\n    Russia\u2019s defense spending is projected to grow by 29% in 2024, reaching $140 billion.\n  <\/li><li>\n    Ukraine\u2019s defense spending grew by 51% in 2023, reaching $64.8 billion.\n  <\/li><li>\n    Many NATO countries are increasing their defense budgets to meet the 2% of GDP target.\n  <\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">\n  c) Technological Advancements:\n<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>\n    Increased focus on cybersecurity, AI in defense, and advanced weapon systems.\n  <\/li><li>\n    Growing demand for space-based defense capabilities.\n  <\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">\n  Potential Risks:\n<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>\n    Peace negotiations or de-escalation of conflicts could reduce defense spending.\n  <\/li><li>\n    Budget constraints in some countries might limit defense expenditure growth.\n  <\/li><\/ul>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table class=\"has-fixed-layout\"><tbody><tr><td><p><strong>Fund Name (Ticker)<\/strong>\n<\/p><\/td><td><p>\n  Invesco Aerospace & Defense ETF (PPA US)\n<\/p><\/td><\/tr><tr><td><p><strong>Description<\/strong>\n<\/p><\/td><td><p>\n  The Invesco Aerospace & Defense ETF (Fund) is based on the SPADE\u2122 Defense Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to identify a group of companies involved in the development, manufacturing, operations and support of US defense, homeland security and aerospace operations. The Fund and the Index are rebalanced and reconstituted quarterly.\n<\/p><\/td><\/tr><tr><td><p><strong>Asset Class<\/strong>\n<\/p><\/td><td><p>\n  Equity\n<\/p><\/td><\/tr><tr><td><p><strong>30-Day Average Volume (as of 27 Aug)<\/strong>\n<\/p><\/td><td><p>\n  157,987\n<\/p><\/td><\/tr><tr><td><p><strong>Net Assets of Fund (as of 27 Aug)<\/strong>\n<\/p><\/td><td><p>\n  $3,753,200,000\n<\/p><\/td><\/tr><tr><td><p><strong>12-Month Yield (as of 27 Aug)<\/strong>\n<\/p><\/td><td><p>\n  0.57%\n<\/p><\/td><\/tr><tr><td><p><strong>P\/E Ratio (as of 30 Jun)<\/strong>\n<\/p><\/td><td><p>\n  28.03\n<\/p><\/td><\/tr><tr><td><p><strong>P\/B Ratio (as of 30 Jun)<\/strong>\n<\/p><\/td><td><p>\n  4.64\n<\/p><\/td><\/tr><tr><td><p><strong>Expense Ratio (Annual)<\/strong>\n<\/p><\/td><td><p>\n  0.58%\n<\/p><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Top 10 Holdings<\/strong>\n<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img fetchpriority=\"high\" decoding=\"async\" width=\"652\" height=\"681\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2024\/08\/word-image-384.png\" alt=\"\" class=\"wp-image-50815\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2024\/08\/word-image-384.png 652w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2024\/08\/word-image-384-287x300.png 287w\" sizes=\"(max-width: 652px) 100vw, 652px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">\n  (as of 26 August 2024)\n<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" width=\"691\" height=\"61\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2024\/08\/word-image-385.png\" alt=\"\" class=\"wp-image-50816\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2024\/08\/word-image-385.png 691w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2024\/08\/word-image-385-300x26.png 300w\" sizes=\"(max-width: 691px) 100vw, 691px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">\n  <img loading=\"lazy\" decoding=\"async\" width=\"1554\" height=\"595\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2024\/08\/word-image-42.jpeg\" class=\"wp-image-50817\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2024\/08\/word-image-42.jpeg 1554w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2024\/08\/word-image-42-300x115.jpeg 300w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2024\/08\/word-image-42-1024x392.jpeg 1024w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2024\/08\/word-image-42-768x294.jpeg 768w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2024\/08\/word-image-42-1536x588.jpeg 1536w\" sizes=\"(max-width: 1554px) 100vw, 1554px\" \/>\n  (Source: Bloomberg)\n<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong><img loading=\"lazy\" decoding=\"async\" width=\"637\" height=\"135\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2024\/08\/word-image-386.png\" class=\"wp-image-50818\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2024\/08\/word-image-386.png 637w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2024\/08\/word-image-386-300x64.png 300w\" sizes=\"(max-width: 637px) 100vw, 637px\" \/><\/strong><a id=\"post-50797-_ngsvsewkuh1b\"><\/a><br><\/h3>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table class=\"has-fixed-layout\"><tbody><tr><td><p><strong>Fund Name (Ticker)<\/strong>\n<\/p><\/td><td><p>\n  iShares U.S. Aerospace & Defense ETF (ITA US)\n<\/p><\/td><\/tr><tr><td><p><strong>Description<\/strong>\n<\/p><\/td><td><p>\n  The iShares U.S. Aerospace & Defense ETF seeks to track the investment results of an index composed of U.S. equities in the aerospace and defense sector.\n<\/p><\/td><\/tr><tr><td><p><strong>Asset Class<\/strong>\n<\/p><\/td><td><p>\n  Equity\n<\/p><\/td><\/tr><tr><td><p><strong>30-Day Average Volume (as of 26 Aug)<\/strong>\n<\/p><\/td><td><p>\n  335,909\n<\/p><\/td><\/tr><tr><td><p><strong>Net Assets of Fund (as of 27 Aug)<\/strong>\n<\/p><\/td><td><p>\n  $6,576,270,889\n<\/p><\/td><\/tr><tr><td><p><strong>12-Month Yield (as of 31 Jul)<\/strong>\n<\/p><\/td><td><p>\n  0.8445%\n<\/p><\/td><\/tr><tr><td><p><strong>P\/E Ratio (as of 26 Aug)<\/strong>\n<\/p><\/td><td><p>\n  32.44\n<\/p><\/td><\/tr><tr><td><p><strong>P\/B Ratio (as of 26 Aug)<\/strong>\n<\/p><\/td><td><p>\n  4.37\n<\/p><\/td><\/tr><tr><td><p><strong>Management Fees (Annual)<\/strong>\n<\/p><\/td><td><p>\n  0.40%\n<\/p><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Top 10 Holdings<\/strong>\n<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"921\" height=\"599\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2024\/08\/word-image-387.png\" alt=\"\" class=\"wp-image-50819\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2024\/08\/word-image-387.png 921w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2024\/08\/word-image-387-300x195.png 300w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2024\/08\/word-image-387-768x499.png 768w\" sizes=\"(max-width: 921px) 100vw, 921px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">\n  (as of 26 August 2024) \n<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"691\" height=\"61\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2024\/08\/word-image-388.png\" alt=\"\" class=\"wp-image-50820\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2024\/08\/word-image-388.png 691w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2024\/08\/word-image-388-300x26.png 300w\" sizes=\"(max-width: 691px) 100vw, 691px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"1554\" height=\"595\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2024\/08\/word-image-43.jpeg\" alt=\"\" class=\"wp-image-50822\" srcset=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2024\/08\/word-image-43.jpeg 1554w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2024\/08\/word-image-43-300x115.jpeg 300w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2024\/08\/word-image-43-1024x392.jpeg 1024w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2024\/08\/word-image-43-768x294.jpeg 768w, https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2024\/08\/word-image-43-1536x588.jpeg 1536w\" sizes=\"(max-width: 1554px) 100vw, 1554px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">\n  (Source: Bloomberg)\n<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter\"><a href=\"https:\/\/t.me\/kgisg\"><img decoding=\"async\" src=\"https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2022\/06\/word-image-375.png\" alt=\"This image has an empty alt attribute; its file name is word-image-375.png\"\/><\/a><\/figure><\/div>\n\n\n","protected":false},"excerpt":{"rendered":"<p>Investment Opportunity for Aerospace and Defense Theme Overview: These ETFs focus on companies involved in the production, research, and development of defense equipment, aircraft, and related technologies. The theme is driven by global geopolitical tensions and increased defense spending worldwide. Key Drivers: a) Ongoing Conflicts: The Russia-Ukraine war continues with no end in sight. The [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":22945,"comment_status":"closed","ping_status":"open","sticky":true,"template":"","format":"standard","meta":{"_eb_attr":"","_uag_custom_page_level_css":"","footnotes":""},"categories":[34],"tags":[],"class_list":["post-50797","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-wealth-product-ideas"],"aioseo_notices":[],"uagb_featured_image_src":{"full":["https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/01\/Thumbnail-154.jpg?wsr",275,183,false],"thumbnail":["https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/01\/Thumbnail-154-150x150.jpg?wsr",150,150,true],"medium":["https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/01\/Thumbnail-154.jpg?wsr",275,183,false],"medium_large":["https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/01\/Thumbnail-154.jpg?wsr",275,183,false],"large":["https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/01\/Thumbnail-154.jpg?wsr",275,183,false],"1536x1536":["https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/01\/Thumbnail-154.jpg?wsr",275,183,false],"2048x2048":["https:\/\/www.kgieworld.sg\/research\/wp-content\/uploads\/2023\/01\/Thumbnail-154.jpg?wsr",275,183,false]},"uagb_author_info":{"display_name":"Keith Tan","author_link":"https:\/\/www.kgieworld.sg\/research\/author\/keithtan\/"},"uagb_comment_info":0,"uagb_excerpt":"Investment Opportunity for Aerospace and Defense Theme Overview: These ETFs focus on companies involved in the production, research, and development of defense equipment, aircraft, and related technologies. The theme is driven by global geopolitical tensions and increased defense spending worldwide. Key Drivers: a) Ongoing Conflicts: The Russia-Ukraine war continues with no end in sight. The&hellip;","_links":{"self":[{"href":"https:\/\/www.kgieworld.sg\/research\/wp-json\/wp\/v2\/posts\/50797","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.kgieworld.sg\/research\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.kgieworld.sg\/research\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.kgieworld.sg\/research\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/www.kgieworld.sg\/research\/wp-json\/wp\/v2\/comments?post=50797"}],"version-history":[{"count":2,"href":"https:\/\/www.kgieworld.sg\/research\/wp-json\/wp\/v2\/posts\/50797\/revisions"}],"predecessor-version":[{"id":50824,"href":"https:\/\/www.kgieworld.sg\/research\/wp-json\/wp\/v2\/posts\/50797\/revisions\/50824"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.kgieworld.sg\/research\/wp-json\/wp\/v2\/media\/22945"}],"wp:attachment":[{"href":"https:\/\/www.kgieworld.sg\/research\/wp-json\/wp\/v2\/media?parent=50797"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.kgieworld.sg\/research\/wp-json\/wp\/v2\/categories?post=50797"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.kgieworld.sg\/research\/wp-json\/wp\/v2\/tags?post=50797"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}