Thursday, February 28, 2019

Portfolio Update February 2019

The global equity market is still very much affected by the Sino-US trade relationship. Speculations that a "historic" trade deal may be reached between the two giants supported the market sentiment in February, and the market continues to recover. However many investors are still waiting for more concrete news or signs so the upward movement is kept in check.

STI rose 27.93 points, or 0.88% in the month of February, despite the not so good export data in January. My portfolio value moved up 0.78%, a touch below the index.

I accepted the tender offer and sold all my M1 shares in the month. No other trade was done in February. I opted to receive scrips for some REIT dividend, but those will be settled in next month.

Total dividend received in February amounts to S$22,440. Quite a big part of it comes from coupon payments from corporate bonds and dividends from unit trust.

Below are my top 30 share holdings as at 28 February.

1      ComfortDelGro
2      DBS
3      OCBC Bank
4      SingTel
5      SPH
6      CapitaComm Tr
7      ST Engineering
8      Frasers Comm Tr
9      Metro
10    Kep Inf Tr fKa CIT
11    SGX
12    AIMSAMP Cap Reit
13    SATS
14    Mapletree Log Tr
15    CapitaLand
16    Sing Inv & Fin
17    Sembcorp Ind
18    Keppel Corp
19    Ascendas Reit
20    Global Inv
21    YZJ Shipbldg SGD
22    Nam Lee Metal
23    United Engineers
24    Cache Log Trust
25    Nikko AM STI ETF 100
26    Tai Sin Electric
27    Ascendas-h Trust
28    Suntec Reit
29    OUE
30    Frasers Cpt Tr

Sunday, February 3, 2019

Portfolio Update January 2019

After the weak performance at the end of last year, the stock market rebounded strongly in January. However market is still concerned about the China-US trade war, and investment sentiment is still very much affected by it.

STI moved with the global market. At the end of January, STI rose 145.43 points or 4.78% compared to a month ago. My portfolio moved with the index. As at 31 January, its value increased 4.91% compared to that at end December last year.

No trade was done in the month of January. I was busy with other things and have really become a "passive" investor. I have also not decided if I will accept the M1 offer.

I received a total of S$11,880 in dividend. Most of it come from bond and UT, as January is normally a "dry" month for stock dividend.

Below are my top 30 holdings as at 31 January.


1.         M1
2.         ComfortDelGro
3.         DBS
4.         OCBC Bank
5.         SingTel
6.         SPH
7.         CapitaComm Tr
8.         ST Engineering
9.         Frasers Comm Tr
10.     Metro
11.     Kep Inf Tr fKa CIT
12.     SGX
13.     AIMSAMP Cap Reit
14.     Mapletree Log Tr
15.     SATS
16.     Sing Inv & Fin
17.     CapitaLand
18.     Sembcorp Ind
19.     Keppel Corp
20.     Ascendas Reit
21.     Global Inv
22.     United Engineers
23.     YZJ Shipbldg SGD
24.     Nam Lee Metal
25.     Cache Log Trust
26.     Nikko AM STI ETF 100
27.     Ascendas-h Trust
28.     Suntec Reit
29.     Tai Sin Electric
30.     Ascott Reit


Happy CNY to all the readers.


Wednesday, January 2, 2019

Portfolio Update December 2018

The year 2018 was not a good year for most equity investors. The trade conflict between China and US has caused some turbulence to the equity market and the major indices retracted. STI performed badly for the year. When I closed my position on 27 December, STI stood at 3,044.74. Compared to a year ago, it has dropped 358.18 points or 10.53%.

My portfolio value dropped with STI. For the year 2018, it lost 11.64%, without taking dividends received into account. If dividends were accounted, there would still be a lost of more than 6%. Even the traditional year-end rally did not happen. Index was almost flat in December, and so was my portfolio.

No trade was done in December, and total dividend received was S$7,809. Below are my top 30 holdings as at 27 December.

1.         M1
2.         ComfortDelGro
3.         DBS
4.         OCBC Bank
5.         SingTel
6.         SPH
7.         CapitaComm Tr
8.         ST Engineering
9.         Metro
10.     Frasers Comm Tr
11.     Kep Inf Tr fKa CIT
12.     SGX
13.     AIMSAMP Cap Reit
14.     SATS
15.     Mapletree Log Tr
16.     Sing Inv & Fin
17.     CapitaLand
18.     Sembcorp Ind
19.     Keppel Corp
20.     Nam Lee Metal
21.     Ascendas Reit
22.     United Engineers
23.     Cache Log Trust
24.     Tai Sin Electric
25.     Nikko AM STI ETF 100
26.     Global Inv
27.     YZJ Shipbldg SGD
28.     Suntec Reit
29.     Ascendas-h Trust
30.     Stamford Land

For the whole year, I have invested (including dividend reinvested to collect scrips) S$58,723 in shares. I have shifted my investment focus to bonds, and have invested a larger amount in bond than shares. Somehow my risk appetite has reduced.

Total dividend collected was S$176,000, which was about the same as 2017. This includes dividends from stock, UT and bonds. I expected it to be higher but it didn't happen.

Going forward, my focus will still be investing for cash flow. I will invest more in bond than stocks in the new year, and will invest mainly in blue chips for their stability and dividend payout.

Wishing all a blessed new year.