Shares & Derivatives
April 2016 – Unit Trust Portfolio Update
By Yaruzi's Learn 2 Live  •  May 9, 2016
Finally my unit trust portfolio turned positive, after staying under water since January. YTD return was 1.51% by end April 2016. I received cash dividends of $952.20. Moving forward, I've decided to re-invest the cash dividends into my low cost portfolio, instead of the unit trust portfolio. United Gold and General fund, which invested in gold miners around the globe, surged unexpectedly. It was the significant contributor to the portfolio out-performance, as it rised from -18.64% in January to 34.86%, a total of 53.5% jump over 4 months. If we looked at the fund top holdings such as Newmont Mining Corp, Barrick Gold Corp, Goldcorp Inc, etc, we'd find out that their share price are trading at 52 week high. I might consider buying them direct for my low cost portfolio. Do watch up gold and gold miners very closely, because ......
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By Yaruzi's Learn 2 Live
I live in Singapore with my wonderful wife and 2 kids. My wife is a stay-home mom, while I'm the sole breadwinner. I work as an engineer. I started investing in unit trust in July 2012. I was 36 years old then. My goal was to build assets and passive income for my retirement. I'm particularly interested in dividend investing, and I intend to build my own dividend portfolio.
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