In the last one week, STI ETF rose by 10% and my portfolio gained about 5%.
I rode the climb with STI and took profit on some of my holdings along the way. I sold across the board – STI component stocks, S-Reits and some HK and US stocks. I was not so sure whether we have already gotten over the worst impact from COVID-19 yet. Hence, I trimmed my portfolio and traded around some of my core stocks.
When I reviewed my portfolio earlier today, I realised that I was able to keep the same ratio between foreign versus local stocks. It was not a deliberate attempt but it is a good outcome that I like. My HK and US stocks combined make up about 28% of my equity portfolio and I hope to increase them further in the coming months.
The ratio of my index to equity portfolio is also almost the same from a month ago. I hope to grow my index portfolio more in the coming months.
Next, I looked at my top 10 stocks and I also saw a good consistency between what I had as of yesterday versus one month ago.
There is only one change. Frasers Logistics Reit dropped out while SPH Reit came into the Top-10.
Consistency is good and I like it!
See table below:
|Ranking||On 5/6/2020||On 30/4/2020|
|2||OUE Com Reit||OUE Com Reit|
|6||Hong Kong Land||Suntec Reit|
|7||Manulife Reit||Ascendas Reit|
|8||MapleTree Commercial||Frasers Logistics Reit (Dropped)|
|9||Ascendas Reit||Hong Kong Land|
|10||SPH Reit (NEW)||MapleTree Commercial|
Have a safe investment week ahead.