April 2017 - Low Cost Portfolio Scorecard

As market continue it's momentum to the upside, return YTD was inching towards 3.42%, while XIRR YTD was 11.51% and XIRR since inception was 7.31% as of end April 2017. A significant fresh fund injection of $36,000 was made in April.

April was also a month with bumper dividends. Total dividends and interests received were $880,86 from:

• AUD 116.54 from Telstra Corporation Limited
• GBP 42.63 from BP PLC
• HKD 1,288.31 from HSBC Holdings Plc
• HKD 229.80 from Vanguard FTSE AS
• EUR 73.39 from Daimler AG
• HKD 990.40 from PCCW
• CNY 144.68 from CSOP China Ultra Short Term Bond ETF
• $94.40 from M1

Portolio allocation was 45.58% equities and 54.52% bonds and cash.

Chow Tai Fook was the top performer from total return perspective. It gapped-up on 13 April and broke out it's HKD 8.00 resistance, as the multiyear sales decline had finally shown sign of turn around. Retail sales in mainland China increased 16%, with same-strore sales rising 12% during the three months that ended March 31. Overall retail sales in Hong Kong and Macau grew 1%, and same-store sales rose 4% — the first quarterly increase in three years in Hong Kong and Macau. I sat on +88.95% return from capital appreciation and dividends received. Should I sell and take profit or stand still on the soon-to-be double bagger in my portfolio?

Link to Yaruzi's low cost portfolio as of April 2017

March 2017 - Low Cost Portfolio Scorecard

My low cost portfolio continued to do well in March 2017. Return YTD as end of March was 2.24%, XIRR YTD was 9.56%, and XIRR since inception was 6.4%. Total dividends received in March was $434.92:

• $274.34 from Capitaland Retail China Trust
• GBP 34.16 from Royal Dutch Shell PLC-B
• GBP 58.67 from BHP Billiton PLC

The month of March was also the month of rights issue. I applied for a total of 2100 rights (1,044 rights and 1,056 excess) from Ascott Residence Trust, and I was granted 1,900 rights at $0.919 per unit. I also applied for the rights issued by Deutsche Bank and received 80 units at EUR 11.65 per unit.

In term of portfolio component stock performance, Global Logistic was the star performer based on CAGR calculation (+101.10%), and Chow Tai Fook from total return perspective (+65.14%). BT Group PLC was the bottom performer from both CAGR (-33.62%)  and total return (-21.39%).

Link to Yaruzi's low cost portfolio as of March 2017