Shares & Derivatives
Ascott Residence Trust
By Mr. IPO  •  February 19, 2013
Today, i added 5 lots of Ascott Residence Trust for my SRS portfolio.

Actually i am not sure if this will turn out to be a good buy but my intent is to add around 6% yield to my SRS portfolio. I already have a Far East Hospitality Trust, but having this will probably diversify the source of "hospitality related" income.

My intention is to slowly build up a diversified portfolio of REITs such as office REIT (not sure why i sold off Suntec in the first place) and some logistics and industrial REIT (not sure why i sold of Cache either) when the yields are more attractive. hahaha. 

Anyway, nothing much to add. This is a well researched and established company.

Happy SRSing.




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By Mr. IPO
Mr. IPO graduated from NTU with a Bachelor in Accountancy (Honors) and started life as a lowly auditor. The audit experience not only polished up his accounting skills but also made him very skeptical about the financial records of companies. He always read the financial reports with a huge dose of salt ...
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