Nikko AM Singapore STI ETF reported earnings results for the year ended 30 June 2016. For the year, income was SGD 3,843,501 against SGD 3,704,712 a year ago. Net losses on value of investments were SGD 12,668,242 against gains of SGD 2,924,896 a year ago. Total deficit for the financial year before income tax were SGD 9,254,762 against return of SGD 6,166,731 a year ago. Total deficit for the financial year after income tax were SGD 9,310,202 against return of SGD 6,120,932 a year ago.