August was a busy month for my unit trust portfolio, as I did a number of transactions. Taking opportunity of the equity market weakness, the panic, the volatility, whatever we called it, I kept increasing the portfolio allocation for equities.
Portfolio dipped into negative territory for the first time this year. On annualized weighted basis, portfolio return was -0.36% by 31 Aug 2015, outperforming ALL major indexes. I received cash dividends of $399.97, which I would re-invest.
Below were the summary of my transactions in August 2015:
1. Bought
First State Dividend Advantage $17,500.00
FTIF-Templeton Global Fd A(acc) SGD $6,000.00
Schroder ISF Gb Div Max A DIS SGD $2,000.00
2. Sold
United SGD Fund Cl A Acc (SGD)$15,998.28With the transactions done, the portfolio allocation was very close to my targeted allocation of 60% equity & high yield and 40% bonds. If major ......