Why Singapore blue chips?

The Straits Times Index (STI) is made up of 30 Singapore blue chip companies, of which some companies have been providing goods and services to Singapore for more than a century.

All 30 STI Companies were profitable in the latest financial year, with profits ranging from S$248.9 million for ComfortDelgro to close to S$4 billion for Singtel. Furthermore, 12 of the 30 shares pay out more than half of their net income as dividends, while the remaining 18 shares pay out more than 14%.

Source: SGX My Gateway