31 July 2013

After falling for two consecutive months (May and June), the stock market stabilised and recovered in July. As the fear that Fed stopping easy money policy gets over, investors' confidence seems to return. STI recovered some losses in the month. At the end of July, STI rose 95.01 (3.02%) to close at 3245.45.

My portfolio did not do as well as STI, its value only rose 2.26%. This is mainly due to poor performance of property related counters and some Reits.

This month I bought some CapitaLand shares when its price dropped to nearly $3. I also received GIL shares from rights subscription. I accepted the cash offer for my Food Junction shares as I feel that the counter does not fit into my investment objective anymore.

Not many companies pay dividend in July. Thanks to my income funds (UT), total dividend received in July still reached S$3,000. I shall look forward to better dividend payout in August.

Talking about unit trust, I sold all the unit trust bought with CPF-OA this month. That is because I will be turning 55 next month and will be able to withdraw my CPF-OA. I sold the unit trust so that I can withdraw the cash for other investment opportunities. I have also instructed CPF Board to transfer all my shares in my CPF investment account to CDP.

Below are the top 30 holdings as at 31 July 2013.

1. SPH
2. ComfortDelGro
3. OCBC Bk
4. DBS
5. ST Engineering
6. Semb Corp
7. SP AusNet
8. Starhub
9. SGX
10. FraserComm
11. MetroHldg
12. SembMar
13. CitySpring
14. Nikko AM STI ETF 100
15. CapitaLand
16. CapitaComm
17. Sabana Reit
18. SATS
19. Sing Inv
20. Ascendasreit
21. Kep Corp
22. GlobalInv
23. AIMSAMPIReit
24. SIA
25. MapletreeLog
26. FrasersCT
27. Yangzijiang
28. PanUnited
29. Asian Pay TV Tr
30. Sp Ship

CapitaLand and GlobalInv moved up due to top up. ComfortDelGro had some positive price movement.