Portfolio Update - 30 June 2015

Singapore stock market continues to move downwards  this month. Investor sentiment is dented by the impending rate hike from US, the volatile movement of China shares (there were days when the Chinese Index dropped 7~8%, and many stocks dropped till 停板, which means trading halt), and the Grexit crisis entering the final home run stretch. Market will continue to be jittering and volatile until at least this coming Sunday, when the referendum to decide if Greece will accept the terms set by its lenders. Though STI recovered most of its loss today, I feel that this re-bounce may be due to covering of over sold position and some window dressing due to 2nd quarter ending.

STI was in negative territory (compared with May closing) the whole month. The index closed today at 3,317.33, down 74.78 points from last month-end, or 2.20%. My Portfolio value was down 2.46% (net of all new investment) compared to last month, so it under performed the index in June.

This month, I bought into Hotung Inv, SembCorp Ind, KepCorp and Nam Lee. I also received some Mapletree Ind Tr, Cambridge Ind Tr, DBS, Keppel Inf Tr, QAF, OCBC shares via Scrip Dividend Scheme or Preferential Offer. I sold all my KS Energy shares. Net cash injection into the portfolio (incl. dividend reinvestment) is S$31,158. Total passive income this month was S$11,318.75.

Below are the top 30 holdings as at 30 June 2015. KepCorp re-appeared in the list due to new investment, replacing SembCorp Marine. SATS moved up due to price appreciation.

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

Since this is the closing of the first half-year, lets take a look on the year-to-date performance. STI was down 47.82, or 1.42% for the half year, without considering the dividend payout of individual stock. If we assume an average dividend yield of 3%, then STI would have a marginal return of 0.08% for the half year.

My portfolio value, minus fund injected since 1/1/15, moved up 0.11% from beginning of the year. Take the dividend received from shares into consideration, then the portfolio has a return of 2.87%, which out performed the index.

Total dividend income from both shares and UT for the past six months was S$72,471.99 (including those I opted to received shares instead of cash). Looking at this number, I think I am on track to meet or even exceed the dividend target set for the year (S$120,000), unless something very drastic happens.

My Mistake? or SingPost's Mistake? or AimsampIReit's Mistake?

Today I received dividend from AimSampIReit rather surprisingly. I remember clearly I submitted the form and opted to receive scrip, as I normally do. However, I think the form did not reach CDP so I received cash instead.

I don't know if it's due to my mistake (forgot to sign form, etc), or was it a mistake by CDP (or AimSampIReit), or was the form lost in transit. Well, not a big issue, I receive my hard cash, at least. Lol.

Portfolio Update 29 May 2015

 STI suffered the biggest loss of the year 2015 in May. Compared with last month, STI was in the negative territory the whole month. Not so positive corporate results and the concern that US will raise interest rate seemed to weigh on investors sentiment. When US, China and HK stocks rallied, SG stocks lagged behind. On the last few days on the month, when China, US stock prices plunged, we followed. Grexit, pending interest rate hike continue to dampen investor sentiment. STI closed today (29/5) at  3,392.11, down 2.73% from a month ago.

My portfolio did slightly better than the index, though it is still negative. As at month end, its value decreased by 1.69%, net of fresh fund injected and dividend received.

May has always been a month when I received big dividends. This year is no exception. Total passive income received from shares and UT was S$23,413. Of course I don't receive all of them in cash as I have opted to receive shares in some occasion.

Citysprings and Kep Inf Tr merger was completed this month. The merged trust is now known as Kep Inf Tr fka CIT. As I previously owned both trust, the merged Trust became larger and jump a few positions in the top 30 list. I also received some shares from First Reit and Fraser Comm Trust through Scrip Dividend Scheme. I also bought into Nam Lee Metal this month. I participated in the IPO of Fraser Retail Bond and was allotted 37,000 of the retail bond. This will not be in the top 30 list as it is bond. I sold all Nippecraft shares this month.

Below are the top 30 holdings as at 29 May 2015.

1. ComfortDelGro

2. SPH
3. DBS
4. OCBC Bank
5. Ausnet Services
6. Metro
7. Kep Inf Tr fKa CIT
8. Frasers Comm Tr
9. SGX
10. Sembcorp Ind
11. ST Engineering
12. Starhub
13. CapitaLand
14. OUE
15. AIMSAMP Cap Reit
16. United Engineers
17. CapitaComm Tr
18. YZJ Shipbldg SGD
19. Nikko AM STI ETF 100
20. Global Inv
21. Ascendas Reit
22. Mapletree Log Tr
23. SATS
24. SingTel
25. SIA
26. Lippo Malls Tr
27. SingShipping
28. Sing Inv & Fin
29. Frasers Cpt Tr
30. Sembcorp Marine