Wednesday, August 31, 2016

Portfolio Update 31 August 2016

Overall, August has been a quiet month in equity market. The world's attention was drawn to Rio Olympic games. The corporate earnings in Singapore were not impressive, Fed Chief Ms Yellen's hawkish speech on possible rate hike in September, news on Zika virus discovered in Singapore all weighed on market sentiment. STI was in negative territory most of the month.

The Straits times index closed today at 2,820.59, downed 48.10 points, or 1.68% from last month. My portfolio did slightly better than the index. Its value dropped only 0.71% for the month August.

This month, I topped up Lian Beng and Global Investment Ltd. I received shares from Noble Group via rights issue. I also received some shares from Keppel Reit and Fraser Commercial Reit via scrip dividend scheme. There was no sell trade. Total fund injection into the portfolio was S$12,710.00.

Many companies paid dividend in August. My passive income in August amounts to S$20,855, which surprisingly was higher than August last year. Most of the dividend this month was from stocks. YTD the dividend received was about the same as last year. The dividend from additional investment compensated the reduction of dividend pay-out from some counters.

Below are my top 30 counters as at 31 August 2016. Global Investment jumped up due to new buy-in, while Ascendas H Tr was replaced by Nera Tel. Sing Tel dropped a few position due to price drop in the last few days.

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