Stock market indexes around the world rebounded in April. US, especially, staged a strong rebound supported by unprecedented money printing by the FED. The fear of losing out and greed fuelled the stock market up, despite many people losing jobs and uncertainties awaiting.
I bought
Proshares Ultrashort S&P500 as a hedge. It is a 2xleveraged inverse ETF where it would gain value if S&P 500 lost value. I sold some China Mobile during the rebound to reduce my allocation on it and bought Ping An Insurance. I also bought ST Engineering.
| Date | Securities | Action | Currency | Quantity | Price | Total |
| 3-Apr-2020 | Proshares Ultrashort S&P500 | Buy | USD | 340.0000 | 29.4690 | 10,019.46 |
| 3-Apr-2020 | Proshares Ultrashort S&P500 | Buy | USD | 340.0000 | 29.2799 | 9,955.17 |
| 8-Apr-2020 | Proshares Ultrashort S&P500 | Buy | USD | 360.0000 | 26.0999 | 9,395.96 |
| 28-Apr-2020 | Proshares Ultrashort S&P500 | Buy | USD | 440.0000 | 22.9100 | 10,080.40 |
| 20-Apr-2020 | China Mobile | Sell | HKD | 1,500.0000 | 60.4000 | 90,600.00 |
| 20-Apr-2020 | Ping An Insurance | Buy | HKD | 1,000.0000 | 78.6500 | 78,650.00 |
| 24-Apr-2020 | ST Engineering | Buy | SGD | 3,000.0000 | 3.1900 | 9,570.00 |
As usual, I added $5,000 of fresh funds to the portfolio. Return YTD recovered from
-11.55% in March to
-5.48% in April. XIRR YTD was
-15.91% and XIRR since inception recovered to
2.22%. Equity allocation was 79.83% at the end of April. Total dividends received in April was $280.42.
| Date | Securities Name | FCY | SGD |
| 1-Apr-2020 | Tassal Group Ltd | 260.77 | 226.48 |
| 15-Apr-2020 | Carlsberg Brewery Malaysia Bhd | 166.42 | 53.94 |
Link to Yaruzi's low cost portfolio as of
April 2020.
