Portfolio Update - 29 April 2016

The stock market went yoyo this month. Towards middle of the month, STI rallied more than 100 points, but soon loss steam. Negative corporate earning news from US and BOJ's decision not to hand out further stimulation caused the market to trade lower. At the end of the month, STI returned to where it started a month ago.

STI closed today at 2,838.52, down 2.38 points, or 0.08% from last month. My portfolio performs slightly better. Its value rose 0.89% from end of March, net of fresh fund injected.

I bought some SingPost shares this month, when the price dipped upon news that the designated new chairman declined the post. This is the only share trade this month. I subscribed to the retail bond from Perennial.

Total passive income received this month was S$11,700. Most of the dividends were from Unit Trust as April is generally a "dry" month from share dividend.

With economy slowing down and still no sight to the end of oil crisis and China problem, I will also adopt a cautious stance and make use of this period to build up the cash portion of my portfolio. I will still invest when good opportunity presents itself. Meanwhile I am looking forward to next month's bumper dividend income.

Below are my top 30 holdings as at 29 April 2016. Ascendas H Trust dropped off the list and was replaced by SingTel.

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