For the CPFIS portion, it was divested at $1.6999 while for the SRS portion, it was at $1.697. As a result, CPFIS portion achieved a profit return of 105.70% while the SRS portion was 106.48%. Started building these portfolios in 2015 (refer here) based on Sun Tzu's Art of War (孙子兵法) principle. For the period of 4 years, this has given an annualized return of 19.76% and 19.63% for CPFIS and SRS respectively. In order for CPF to achieve that kind of return, even with the help of compounding it needs to take between 10 to 11 years compared to 4 years only for my strategy. From another perspective, for a period of 4 years, even with compounding, CPF could
...Early this month fully divested FrasersCom Trust in both CPFIS and SRS portfolio, inline with the divestment of the Strategic section of the Investment Portfolio (will talk about that in future).
