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Bench marking myself against STI and World Index:
For last month's portfolio review click here
Year to date:
STI Index: -14.86%
World Index: -2.17%
My Portfolio: -5.19%
Three years trailing:
STI Index: -13.51%
World Index: +13.02
My Portfolio: +12.11%
Year to date, I outperformed STI by 9.67% and under performed the World Index by 3.02%. Three years trailing, I outperformed STI by 25.62% and under performed the World Index by 0.91%.
Portfolio composition:
Transactions:
Sold 33% of my Oriental Watch(HK:398) around 35% gain
Sold half of my Wharf Reic(HK:1997) for around 10% gain
Sold all of my ABC(HK:1288) for around 3.64% gain
Bought ChanJet(HK:1588) 5.09% weightage
Bought Inspur Intl(HK:596) 5.66% weightage
Commentary:
Took some profit off sectors perceived to likely under perform during Covid19 period. Increased and added cloud and SaaS related companies. More of a swap of value for growth.
The crazy run up recently of SaaS(Software as service) companies like Weimob and Duiba, Cloud/ERP(Enterprise Resource Planning) companies like Kingdee
