Portfolio Update: May 2016

1. Core Portfolio

No action on this front.

The market is slowly sliding downwards and with a large Singapore portfolio again, I am especially looking forward to adding more of Berkshire B. As a proportion of our entire assets, it’s still currently less than 10%.

Honestly, I doubt any rebalancing would occur for this portfolio in 2016. I don’t want to rush in to accumulate a “desired” position in several of the asset classes.

Asset Avg Bought Amount Price Valuation Allocation
STI ETF $2.92 12,800 $2.79 $35,712 31.3%
Berkshire B $134.50* 120 $141.40 $23,246 20.4%
SSBs $1.00 15,000 $1.00 $15,000 13.2%
Cash (SGD) $1.00 40,000 $1.00 $40,000 35.1%
Total $113,958 100.0%

2. Local Stock Portfolio

This is where I was a maybe a little over-active this month.

I bought 2,500 shares of ST Engineering @$3.06 to make it my largest position in this portfolio. Basically, I feel that in the long run and in most of the years, the company should easily pay out 15 cents of dividends, making this a 5% yielder for a blue chip.

A few days ago, I also bought 6,000 shares of CapitaCommercial Trust (CCT) @$1.385. Coincidentally, there is coverage of this share by another blogger over here. The crown jewel in their portfolio is Raffles City and as far as mixed developments go, I am pretty sure it will be one of the most resilient on this island.

Stock Amount Price Valuation Allocation
ST Engg 6,500 $3.130 $20,345 15.96%
Kingsmen 27,700 $0.640 $17,728 13.90%
OCBC 1,200 $8.310 $9,972 7.82%
PLife Reit 4,000 $2.440 $9,760 7.65%
Ho Bee 4,500 $2.120 $9,540 7.48%
MCT 6,000 $1.455 $8,730 6.85%
CCT 6,000 $1.380 $8,280 6.49%
HK Land 1,000 $8.220 $8,220 6.45%
Semb Corp 3,000 $2.630 $7,890 6.19%
Boustead 9,000 $0.740 $6,660 5.22%
Genting 8,000 $0.750 $6,000 4.71%
M1 2,000 $2.380 $4,760 3.73%
MTQ 10,000 $0.440 $4,400 3.45%
Super Grp 4,000 $0.875 $3,500 2.74%
Bou Proj 2,700 $0.640 $1,728 1.36%
Total $127,513 100.00%

3. Emergency Funds

I made a small top up to my CPF and I really feel ample emergency funds has been set aside for our needs.

Asset Amount
CPF OA $38,000
Cash (SGD) $20,000
FCL Bonds $21,000
Alternative Currencies $15,000
   
Total $94,000

 

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    3 thoughts on “Portfolio Update: May 2016

    1. Rolf

      Hi 15HWW,

      FCL bond is below par, I added too! Remember IPO oversubscribed!

      Market is really volatile now!

      1. My 15 HWW Post author

        Hi Rolf,

        It’s dropping even more now. When the market is dropping, the yield has to go higher to compensate for opp cost…