Most major index in US and Europe are at all time high from DJI, S&P, Nasdaq, FTSE, and DAX. In Asia itself, Nikkei, Hang Seng, KOSPI are no different. STI had not broken its all time high, but it managed to close slightly above 3600 a few days back.
Based on my pre-defined rebalancing rule, I need to reduce my equity allocation to between 30-40% when STI is trading between 3500-3750. Therefore I started selling some of my equity holding: VanEck Vectors Gold Miners UCITS ETF (+8.34%), Deutsche Bank (+41.61%), Hugo Boss (+68.05%), Bayer Motoren WK (+37.62%), SIA (+10.70%), and Capitaland Commercial Trust (+55.3%). Their CAGR was between 6.92% and 48.7% with average holding period of about 1.5 years.
My equity allocation is now at 36.56%, with bonds/cash ...
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