I Took Profit

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:

RankingOn 5/6/2020On 30/4/2020
2OUE Com ReitOUE Com Reit
3Suntec ReitUOB
5DBSManulife Reit
6Hong Kong LandSuntec Reit
7Manulife ReitAscendas Reit
8MapleTree CommercialFrasers Logistics Reit (Dropped)
9Ascendas ReitHong Kong Land
10SPH Reit (NEW)MapleTree Commercial
Comparison of Top-10 Holdings

Have a safe investment week ahead.



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