StashAway did its first reoptimization for the month and you can read more about it here – StashAway Portfolio Reoptimisation. Unfortunately, USD continues to fall!
1. ACCOUNT SUMMARY (as of the last day of the month)
Based on the statement (29 Dec 2017), we have $53.87 profit after taking into account a -$18.69 currency impact.
The first week of 2018 has been great! Our returns went up even more to $129.54 but so did the currency impact -$58.71.
SGD time-weighted returns: 4.4%
USD time-weighted returns: 8.3%
2. PORTFOLIO DETAILS
We see the first “SELL” transaction when the reoptimization took place. The timing was almost perfect! GLD was bought at $119.74 and XLP at $57.02 on 20th Dec 2017. The current price at the time of writing is $125.46 (4.8%) for GLD and $56.68 (-0.6%) for XLP.
I am still going to complain about the amount