July month just pasted. We have 5 more months to go. As everyone know, STI has been on winning streak this year. People who are wholly invested in banks expected to record significant gains. How I do so far without investing in them this year ?
Below table is the Interim Q3'17 July result. A further improvement from Final Q2 on link here.
My investment life returns moved up to 7.2%. I thought this is nice despite laden with PS and Bonds.
STI YTD further it' gain to 15.5% so despite Cory returns of 12% YTD, I am still in catch-up mode ..... but the picture is a lot better than start of year with an expanded portfolio from past years. This is also mitigated by Core holding STI ETF which I would not sell easily.
Results were mixed across the portfolio else I would have leveled against STI. Fortunately a number of speculative contra trading helps to improve. Dividends wise, moved up to about 30K for this 7 months. So you can do a rough estimate on my portfolio and gains . :)
Reits
Generally they did well. I have not much complains. Allocations still need some fine-tuning probably. Yield range between 5%-8%.
Neratel
Neratel is a new position. However the result down due to tax. This is a little unfortunate else I would maintain my recent found gains. I still has some confidence in them but we need to watch closely.
Design Studio
The quarter result doesn't look good. Fortunately I locked in some gains (link) which kind of act as a good buffer for the down side. The half year looks so so, again stay nimble.
Singtel
Manage to hold off ok after Ex-dividends. I look forward to reduce debts or better revenue improvement instead of special dividends. So the withholding of the cash from netlink trust ipo for business needs I think is a good move.
Cory
20170806
Below table is the Interim Q3'17 July result. A further improvement from Final Q2 on link here.
My investment life returns moved up to 7.2%. I thought this is nice despite laden with PS and Bonds.
Results were mixed across the portfolio else I would have leveled against STI. Fortunately a number of speculative contra trading helps to improve. Dividends wise, moved up to about 30K for this 7 months. So you can do a rough estimate on my portfolio and gains . :)
Reits
Generally they did well. I have not much complains. Allocations still need some fine-tuning probably. Yield range between 5%-8%.
Neratel
Neratel is a new position. However the result down due to tax. This is a little unfortunate else I would maintain my recent found gains. I still has some confidence in them but we need to watch closely.
Design Studio
The quarter result doesn't look good. Fortunately I locked in some gains (link) which kind of act as a good buffer for the down side. The half year looks so so, again stay nimble.
Singtel
Manage to hold off ok after Ex-dividends. I look forward to reduce debts or better revenue improvement instead of special dividends. So the withholding of the cash from netlink trust ipo for business needs I think is a good move.
Cory
20170806
Hi Cory,
ReplyDeleteWell done!! A 10 % return of portfolio which include bond , pref share and equity is not easy to achieve..
Gambateh,,,!!!
Cheers ! :-)
Thanks STE !
Deletecongrats. The STI is not representative due to overrepresentation of banks and property.
ReplyDeleteHi VF, over my investment period that's the only main I could use as reference. There will certainly be mismatch over some specific periods over different economic sector cycles.
Delete