Portfolio Update January 2017

Ever since Donald Trump won the US election, market has shown positive trend. The new US president had used the slogan "To Make US Great Again" in his election campaign. Well at the least he has so far made US the "centre of world attention" again with his actions after his inauguration.

STI rose quite a bit in January. As at today, the index closed at 3046.80, up 166.04 points or 5.76% for the whole month. However, I don't really understand why the market shows such bullishness, as the corporate earnings reported so far do not tally with the index performance. Some companies in my portfolio in fact reduced their dividend pay out due to lower profit.

My portfolio value increased with the index, but at a slower pace. Its value increased 3.59% for the month of January.

This month, I did not do any active trade at all. I accepted the cash offer from Aztech and sold all my shares to the company, with a loss. I subscribed to the right issues from Sabana Reit. One of my retail bond investment from Capitamall Asia was redeemed prematurely by the issuer.

Total dividend received from stock and UT investment was S$5,750 this month, mainly from UT.

Below are the top 30 holdings as at 31 January 2017.

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

新年快乐

祝各位新年快乐，财源广进，笑口常开，万事如意！

Portfolio Update December 2016

The month of December 2016 was not very eventful in the financial market. US Fed finally raised the interest rate for a second time in December, but the rate hike was largely expected and did not create big market swing. Trading volume in SGX was thin as many traders were on holiday.

STI closed at 2880.76 on 30 December, dropped 23.26 points, or 0.8% for the month. My portfolio performed "badly" compared with the index. Its value dropped 1.32% in December. Quite a few counters including REITs performed badly in this month.

This month, I received subscribed to the right issue from ASL Marine and received some shares. There was no other trade done.

Total dividend received in December was S$12,430.00.

Below are the top 30 holdings as at 30 December 2016.

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

Overall my investment did not perform well in 2016. While STI was flat for the whole year (dropped 0.07%), my portfolio value dropped 3.12% for the year, net off fresh fund injected and without taking dividend into consideration. When dividend received is taken into consideration, my stock portfolio made a positive return of +2.5%.

Total dividend received in 2016 was S$153,273.68, 58% from shares, 40% from UT and 2% from Bond.  The chart below shows dividend received in each month.

Wishing everyone a happy and prosperous 2017.