Author: SingularityTruth

Closed Position in Mapletree NAC Trust and Portfolio Performance (October 2019)

Portfolio ReturnsAs of 31st October 2019Since Inception (Including Dividends)Total Portfolio Unrealized Gain: $60,858.02Total Portfolio Realized Gain: $96,549.89XIRR: 7.72%Portfolio ValuePortfolio Value (excluding Cash and SSBs) This week, I closed my position in Mapletree NAC Trust after reading that one of the malls under the REIT, Festival Walk, was targeted by the Hong Kong protester. The mall was extensively vandalized and damaged that it has to be closed for weeks. The protest in HK has stretched over 6 months but Festival Walk had not been targeted so far until an incident last Sunday.The HK police force did an uncover operation last Sunday in the mall...

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Initiated Position in Ascendas REIT and Dividend Collected (October 2019)

Dividend Collected 2019 Dividend collected for the month of October 2019: $878.30OCBC BANK TEMASEKB231025 IS USD ASIA BOND IS US ASIA HYG Dividend Collected to Date Dividend (YTD): $13,419.00 Average Monthly Dividend (YTD): $1,341.00 Total Dividend Collected to Date: $88,274.89 Dividend by Month (Since inception) The sky is falling! The sky is falling! The last trading day of the week was a scare as REITs retracted. There was no major negative news and the fall relative to the STI seems to be much more. Could the fall be attributed to just a broad bear day in the market? Could...

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Portfolio Allocation (October 2019)

Stock AllocationChange LogAllocated KEPPEL DC REIT PO with excessSold FAR EAST HTRUSTBought IS ASIA HYG S$DBought NIKKOAM SGBD ETF (SRS)Portfolio AllocationThe market ends on a high note in October. I did quite a few transactions and some housekeeping for the month. Firstly, I received the allocation of Keppel DC REIT PO with excess. Although it was not much, the offered price was below the market price so there were unrealized profits immediately.I then sold Far East Hospitality Trust after the run-up. This is one of my smallest position in my portfolio, so I decided to sell it to reduce the number...

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The Start Of My SRS Investing Journey

In short, I have recently created a new SRS account and made my first contribution. The Supplementary Retirement Scheme (SRS) is for individuals to voluntarily save for their retirement and it complements the existing mandatory Central Provident Fund (CPF) scheme. Although SRS is mainly for retirement planning, the main attraction of SRS is that contributions are eligible for tax relief. There is a limit one can contribute every year though. For Singapore Citizens, the maximum you can contribute is $15,300 every year. You can make penalty-free withdrawals from your SRS account over ten years after the statutory retirement age...

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November 2019 Singapore Savings Bond

Average interest per annual for 1-year and 10-year period Other Issues of SSBs Compared to Nov 2019  Issue Nov 2019 Issue Application Closes: 9.00pm, 25 Oct 2019Details on this month SSB can be found on SGS website. The interest rates continue to drop as expected, and the long term average interest rate is now at the lowest point since the inception of SSBs. The average 1-year interest is at 1.62% and the average 10-year interest is at 1.74%, which is the lowest by far.  The reward for holding SSBs over long term is almost insignificant. Therefore, SSBs currently should only be considered for short...

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Dividend Collected and Portfolio Performance (September 2019)

Dividend Collected 2019 Dividend collected for the month of September 2019: $1,221.00ST ENGINEERING MAPLETREE LOG TR FAR EAST HTRUST CAPITAR CHINA TR Dividend Collected to Date Dividend (YTD): $12,540.70 Average Monthly Dividend (YTD): $1,393.41 Total Dividend Collected to Date: $87,396.59 Dividend by Month (Since inception) Portfolio Returns As of 1st October 2019 Since Inception (Including Dividends) Total Portfolio Unrealized Gain: $52,397.17  Total Portfolio Realized Gain: $96,821.59XIRR: 7.50% Portfolio Value Portfolio Value (excluding Cash and SSBs) This week is pretty uneventful for me so nothing much to update. Just waiting for Keppel DC REIT PO allocation results to be out.  The...

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Portfolio Allocation (September 2019)

Stock Allocation Change Log Allocated CAPITAR CHINA TR PO with excess Applied KEPPEL DC REIT PO with excess Portfolio Allocation In early September, I was almost fully allocated for my application in CapitaR China Trust PO. This resulted in the Trust moving to the 6th largest holding in my portfolio. For this September update, I took the snapshot of my portfolio on 1st Oct instead of the last trading day of the month, as I wanted to wait for the allocation result for Lendlease IPO. As mentioned in my previous post, I applied for the IPO. But luck was...

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Did I Apply For Lendlease Global Commercial REIT IPO?

Yes, I did. I have expressed interest in the IPO in my past few posts, but it was not a firm decision at that point of time as I lack the time to look through and skills to analyst the prospectus. What I would normally do is to read up on the reviews by financial bloggers before making a decision of whether to apply for the IPO. This would save me a lot of time and allows me get the general public sentiments of the stock. The following are some of the well-known bloggers’ review of the IPO which...

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October 2019 Singapore Savings Bond

Average interest per annual for 1-year and 10-year period Other Issues of SSBs Compared to Oct 2019  Issue Oct 2019 Issue Application Closes: 9.00pm, 25 Sep 2019Details on this month SSB can be found on SGS website. The interest rates continue to slide and the 10-year interest has fallen to a low of 1.75%. This is one of the lowest rate since the introduction of Singapore Saving Bonds. The interest rate is at the same low back in Sep 2016. The Fed has since cut the interest by another 25 basis points and it would be expected that the next...

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Portfolio Performance (August 2019)

Portfolio Returns As of 30th August 2019 Since Inception (Including Dividends) Total Portfolio Unrealized Gain/ Loss: $$51,076.69 Total Portfolio Realized Gain/ Loss: $$95,668.09  XIRR: 7.52% Portfolio Value Portfolio Value (excluding Cash and SSBs) The trade war tension has eased and the Hong Kong protest is seeing less violence this week. Instead of gathering near police station and challenging the police, people are gathering at shopping malls singing the ‘Glory to Hong Kong’ song which went viral. It has became an anthem for the movement.  No bad news is good news for the market. STI has also recovered back above...

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Dividend Collected (August 2019)

Dividend Collected 2019 Dividend collected for the month of August 2019: $2,121.37SINGTEL VICOM SHENG SIONG MAPLETREE NAC TR KEPPEL DC REIT ASPIALTREA200828 MAPLETREE COM TR FRASERS CPT TR STARHUB Dividend Collected to Date Dividend (YTD): $11,387.20 Average Monthly Dividend (YTD): $1,423.40 Total Dividend Collected to Date: $86,243.09 Dividend by Month (Since inception) This week, we see Frasers Centrepoint Trust joining FTSE EPRA/NAREIT Global Developed Index, and Mapletree Commercial Trust replacing Hutchison Port Holdings Trust in STI. This would increase exposure and provide some price support for the stocks. Glad that both are part of my portfolio. The market gained back...

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Portfolio Allocation (August 2019)

Stock Allocation Change Log Bought UOB Bought DBS Bought OCBC BANK Applied CAPITAR CHINA TR with excess Portfolio Allocation Due to the escalation in trade war and rates cut, STI has retreated in August and I took the opportunity to do some accumulation. The banking sector caught my attention and I manage to add all three banks this month. I have always wanted to add the banks but I think they were slightly overvalued. The Financial sector now takes up around 6% of my portfolio. I am prepared to average down further should the trade war escalates or the...

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September 2019 Singapore Savings Bond

Average interest per annual for 1-year and 10-year period Other Issues of SSBs Compared to Sep 2019  Issue Sep 2019 Issue Application Closes: 9.00pm, 27 Aug 2019Details on this month SSB can be found on SGS website. The interest rates for SSBs continue to fall in August after the Fed cuts the interest rate by 25 basis points end-July. The cut would help to stimulate the slowing economy. It is still unclear whether the Fed will continue to further cut rates moving forward but it seems that SSBs rates will continue to fall. I did not subscribe to any SSBs as...

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Portfolio Performance (July 2019)

Portfolio Return As of 31st July 2019 Since Inception (Including Dividends) Total Portfolio Unrealized Gain/ Loss: $48,592.62 Total Portfolio Realized Gain/ Loss: $93,546.72  XIRR: 7.44% Portfolio Value Portfolio Value (excluding Cash and SSBs) Due to the offer for 800 Super, some of the unrealized gain was realized. This also resulted in a drop in portfolio value.Total gains only managed to increase slightly for the month of July. The STI has since started to retract and is now close to the levels back in May. The market does not look so optimistic moving forward. I have started to queue for...

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Dividend Collected (July 2019)

Dividend by Month (Since inception) Dividend Collected 2019 Dividend collected for the month of July 2019: $171.81FRASERS CPT TR Dividend Collected to Date Dividend (YTD): $9,265.83 Average Monthly Dividend (YTD): $1,323.69 Total Dividend Collected to Date: $84,121.72 Just a short update. As expected, July is a month with low dividend income, with Fraser CentrePoint Trust the only one received. STI has started to pullback and there should be opportunities to accumulate this...

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