Sold 5500 shares of Ascott REIT @ $1.16. Total profit including dividend was 21.21% with CAGR of 9.68% for a holding period of 2 years and 1 month.

Sold 800 shares of HSBC @ HKD 66.1. Total profit including dividend was 37.80% with CAGR of 14.37% for a holding period of 2 years and 11 months.

Sold 324 shares of DBS @ $24.37778. Total profit including dividend was 93.48% with CAGR of 24.89% for a holding period of 2 years and 4 months.

Sold 5000 shares of Starhill Global REIT @ $0.72. Total profit including dividend was 1.26% with CAGR of 0.55% for a holding period of 2 years and 3 months.

Total equity allocation was reduced further to 19.08%, while cash and bond allocation were increased to 80.92%.