Commentary
This two months seem to have picked up for Singapore Equities.
Using this opportunity, I am reducing my exposure to equities whenever possible.
1) Trump being US president seem to have a positive effect on the markets. However, it is based on assumptions that might or might not occur? I am not sure, best to take this opportunity to reduce my position.
2) FFR hike will take place within this year and the next. Hence yield inversion will happen in a matter of time
3) I understood that some of my hypothesis was incorrect and will gradual reduce positions in these thesis. I will cut down my exposure in REITs and Airlines.
Using this opportunity, I am reducing my exposure to equities whenever possible.
1) Trump being US president seem to have a positive effect on the markets. However, it is based on assumptions that might or might not occur? I am not sure, best to take this opportunity to reduce my position.
2) FFR hike will take place within this year and the next. Hence yield inversion will happen in a matter of time
3) I understood that some of my hypothesis was incorrect and will gradual reduce positions in these thesis. I will cut down my exposure in REITs and Airlines.
Positions Added/Reduced
Close my position in Far East HTrust, DBS, UOB and Keppel DC REIT
Reduced my position in Capitaland Commercial Trust
Cash is ~11 % of my portfolio.
Counter (Singapore)
1. RafflesMG
2. CDL HTrust
3. Capitaland
4. City Dev
5. CapitalR China Tr
6. Capitaland Commercial Trust
7. Keppel Corp
10. OCBC
11. AIMS AMP REIT
12. Manulife REIT USD
Counter (Singapore)
1. RafflesMG
2. CDL HTrust
3. Capitaland
4. City Dev
5. CapitalR China Tr
6. Capitaland Commercial Trust
7. Keppel Corp
10. OCBC
11. AIMS AMP REIT
12. Manulife REIT USD
13. SIA
14. Keppel DC REIT
Counter (USA)
1. VNGRD ENERGY
Realised Gains (Since 2009)
SGX Counters - S$137,898.94
US Counters - US$1,479.71
Dividends (Since 2009)
S$56,511.20
Dividends (2016)
S$13,808.53
