Back at the tail end of 2012, I started a portfolio of 20 Singapore small caps that I find interesting and track them throughout the year. These posts are updates of the results. You can actively view this portfolio at a live Google spreadsheet here. Half a year have gone by and we are currently having a correction that is taking the STI index from 3480 pts to near 3150 pts. We are back to where we started for the STI Index. So how have our Small Caps portfolio done? You can review the back commentaries here:

• Introduction to the stocks
• Jan – Killing it in January
• Apr – 17% year to date

For a year where the STI have revert back to the starting line, this portfolio performed exceptionally, still making a 13% gain. Part of the reason is that i recorded the dividends returned during this half ......