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Cory Diary : Sector Allocation May ’20
By CoryLogics  •  June 9, 2020
Prior to the Bank run up recently, I was a little over allocated in Bank segment. This is in consideration of STI Index as well. Some of the shares that are trading. So it was traded off when the bank did the initial run up. This increase a little bit of cash which I have some allocated elsewhere. As we know now, the banks continue to run up. Unsurprisingly, the performance between Portfolio against index narrowed a little but just a little to about 14.5% gap. The banks weight-age if I could remember is about 26% of STI Index whereas Cory Portfolio after consideration of Index shares will be lesser than 15%. Fortunately the broad classification on Services, and Reits segment also register some good run up. One thing I did in Year 2020 is to ensure I have enough representation in Banks which unfortunately met Covid-19....
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By CoryLogics
I am not an investment adviser. Nothing herein my blog constitutes investment advice. Is my personal believes that not everyone has to go through the hard way. This blog also serve a purpose to help me record my understanding and personal learning growth. I sincerely welcome all comments.
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