(August Portfolio) (August 2021 , YTD and since Inception 9 Sept 2020 Returns) Overall Results remain satisfactory, considering that the STI ETF YTD Returns stood at 10.02%. However there are some results such as OTS Holdings that did bring some disappointments. 2 Results that impressed/ on the better side/ acceptable 1) Yanlord Land - Previous Year's high sales start to trickle in, contract liabilities have increased as well, these should convert into stronger property management income in future. Land acquisitions in 1H 2021 also demonstrated certain financial stability in an industry which is highly unstable financially due to high leverage and debt ratio. 2) Propnex - Perhaps a reflection of the resilient and strong local demand for properties, the thesis is pretty simple. Lack of overseas travel and a low interest rate environment would encourage more investments and no matter if u make money via stocks, crypto, bonds, forex or by starting a business, buying a new and better house...