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My Investment Portfolio (July 2020)
By My Investment Portfolio  •  July 30, 2020
STI closes this month at around 2529 points, down slightly from last month. With elections over, the usual worries were present in the markets as in previous months. Additional sell down in local banks towards the end of the month was observed as MAS announces cap on their dividend payout. For my top 30 holdings, A-REIT returned to the top of the list as industrial REITs performed well this month. New entries include Frencken and iFAST. Frencken did well as the market re-rated the company due to its expected business and earnings growth. iFAST reported a decent set of 2Q20 results, as it progresses to the next application round for a digital wholesale bank licence. Not much changes had been observed for the other stocks in the list. I have bought the following companies from the market this month - AF Global, Bonvests, ComfortDelgro, EnGro, Far East Orchard, Heeton, Hongkong Land...
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By My Investment Portfolio
A self-directed investor, looking to invest for retirement needs and bypass all those expensive financial planners/insurance agents. Investing is fun, profitable or most important of all, knowledge gained is useful for the rest of your life!
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