Portfolio Update 30 April 2019

With the hope that Sino-US trade negotiation was heading towards some kind of agreement, the equity market performed well in the month of April. STI rose with the global market. At the end of April, STI rose 196 points, or 6.14% from a month ago.

My portfolio however, did not perform as well as the index. Compared to last month, its value increased only 3.9%.

I received some Keppel Infrastructure Trust shares from subscription on right issues. I also applied for excess right and got some allotment.

Dividend received in April is low as usual. With the sales of M1 shares it went even lower this year. Minus the interest payment, passive income in April was S$2,524.

I bought some Fraser bond this month, using the proceed from the sales of Oxley bonds last month, and cash accumulated from dividend income. This will increase dividend income in six month.

Below are my top 30 share holdings as at 30 April.

1.         ComfortDelGro

2.         DBS

3.         OCBC Bank

4.         SingTel

5.         SPH

6.         ST Engineering

7.         CapitaComm Tr

8.         Frasers Comm Tr

9.         Kep Inf Tr fKa CIT

10.     Metro

11.     Mapletree Log Tr

12.     AIMSAMP Cap Reit

13.     SGX

14.     SATS

15.     CapitaLand

16.     Keppel Corp

17.     Ascendas Reit

18.     Sing Inv & Fin

19.     Global Inv

20.     Sembcorp Ind

21.     YZJ Shipbldg SGD

22.     Cache Log Trust

23.     Ascendas-h Trust

24.     Nikko AM STI ETF 100

25.     United Engineers

26.     Nam Lee Metal

27.     OUE

28.     Tai Sin Electric

29.     Suntec Reit

30.     Ascott Reit

Portfolio Update March 2019

I never expected so many business trips from a part-time job. Okay these trips are not so stressful but just time consuming. I was away for almost two weeks and have to go on another trip next week. So this update comes a little late.

Market sentiment was still not very good in March. The UK Brexit saga may not affect us too much, but the trade war is still weighing down the sentiment in March. As as 28 March, STI dropped 14.52 points, or 0.29% from a month ago. My portfolio performed better than the index in March. Its value rose 0.38% in March. Some heavy weight counters and REITs in my portfolio performed well last month.

I received some shares of Mapletree Logistics Trust, Mapletree Industrial Trust and Fraser Commercial Trust through scrip dividend scheme lsst month. I chose to subscribe the right issues of Keppel Infr trust also. This will be settled in April. I sold my retail bonds from Oxley, after news that their intended sales of 2 properties fails. I thing their gearing is way to high.

Total dividend received in March was S$17,200. Majority comes from bond coupon payment. For the first quarter of this year, I received more dividend from bonds than shares. This is the result of my switching to fixed income investment in the past two years.

Below are my top 30 stock holdings as at 28 March 2019.

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.     AIMSAMP Cap Reit

12.     Mapletree Log Tr

13.     SGX

14.     CapitaLand

15.     SATS

16.     Sing Inv & Fin

17.     Ascendas Reit

18.     Global Inv

19.     Keppel Corp

20.     Sembcorp Ind

21.     YZJ Shipbldg SGD

22.     United Engineers

23.     Cache Log Trust

24.     Nam Lee Metal

25.     Ascendas-h Trust

26.     Nikko AM STI ETF 100

27.     OUE

28.     Suntec Reit

29.     Tai Sin Electric

30.     Frasers Cpt Tr