Sunday, December 13, 2015

November 2015 - Unit Trust Portfolio Update

The value of unit trust portfolio dipped in November due to weakening market, especially Asia and emerging markets. Let's just say that market had been boring since mid August as they're not able to make up their mind if they wanted to break out to the upside or downside. YTD portfolio return was 0.69% as of 30 Nov 2015. I also received $139.35 in cash from dividend/distribution.

With FED's first interest rate hike in the card for December ever since the great financial crisis, the currency market had been very volatile. In my opinion, it was the currency movement that impacted the unit trust portfolio the most. With USD strengthening, SGD-hedged funds suffered the most. Due to the volatile currency, I continued reducing my exposure to SGD-hedged fund.

Below were the summary of my transactions in Nov 2015:
1. Bought
Fullerton Short Term Int Rt C S$(SGD) $2,146.86
United SGD Fund Cl A Acc(SGD) $1,638.22

2. Sold
Allianz US High Yield AM Dis H2-SGD(SGD) $1,679.22
Legg Mason WA Global HY Fd A SGD H (mdis) plus(SGD) $1,969.31

Link to Yaruzi's unit trust portfolio allocation as of Nov 2015

No comments:

Post a Comment