December 2017 - Low Cost Portfolio Scorecard

The year 2017 finally came to a close and it's the time again to look back and review how the portfolio was doing. Total portfolio value was $505,296.85 at the beginning of the year and it ended at $642,482.65 in December. Total fresh fund injected was $88,000 and total profit for the year was $49,185.80 including the dividends received. YTD return was 8.29%, XIRR YTD was 8.89%, and XIRR since inception was 7.49%.

Nothing to shout about the portfolio return when a number of blogger investors were making double digit percentage return in 2017. However, I personally was satisfied with the portfolio performance as my goal was never to achieve the highest return in the shortest time frame. Instead, I was aiming for:
1. Capital preservation
2. Consistent return of 4% and above in the long run.
With equity allocation at 41.47% and bond/cash allocation at 58.53%, I can sleep well even if global stock markets were crashing by 50% when I wake up tomorrow. Indeed when I was on 2 week vacation in early December, I didn't even bother to look at the market fluctuation.

After selling off Venture Manufacturing in November, GLP proposed privatisation was finally decided too. It looks like my equity allocation will be reduced further with this "force" selling. I feel there is still a lot of potential in GLP, so it's with a mixed feeling I accepted the privatisation offer at $3.38 per share. I received $505.56 in dividends in December 2017, which brought total dividends in 2017 to $10,266.70.

Date	Securities Name	FCY	SGD
5-Dec-2017	SIA	40.00	40.00
18-Dec-2017	Chow Tai Fook (HKD)	662.59	113.77
21-Dec-2017	Capitaland Retail China Trust	226.78	226.78
22-Dec-2017	Royal Dutch Shell PLC-B (GBP)	30.92	55.42
26-Dec-2017	BP PLC (GBP)	38.85	69.59

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

November 2017 - Low Cost Portfolio Scorecard

A very delayed update on the portfolio as I was away for vacation with my family. Having an enjoyable vacation was a privilege and I thank God for His grace. In a week time, I'd be having another portfolio update for December 2017. Geez, how fast time passed!

I was forced to sell one of my best performing stocks: Venture Manufacturing. I thought it was a great company, but the price surged too fast compared to the fundamental. I also felt there was too much optimism in the technology sector at the moment, which I didn't like. I kept Venture Manufacturing for almost 2 years and it brought me a total profit of +157.25% including dividends, so no regret :-). It's performance translated to a CAGR of 67.58%.

The portfolio received a fresh fund injection of $4,000.00. Return YTD was 7.93%, XIRR YTD was 9.32%, and XIRR since inception was 7.66%. I received $581.08 in dividends. Equity allocation was 41.57% and bond/cash was 58.43% as of end November.

Date	Securities Name	FCY	SGD
6-Nov-2017	Malayan Banking Berhad (MYR)	361.31	115.62
14-Nov-2017	British Land Co PLC (GBP)	18.65	33.20
23-Nov-2017	HSBC Holdings Plc (HKD)	616.60	105.99
24-Nov-2017	Starhub	48.00	48.00
28-Nov-2017	SIA Engineering	48.00	48.00
29-Nov-2017	Capitaland Mall Trust	116.76	116.76
29-Nov-2017	First REIT	53.50	53.50
29-Nov-2017	Starhill Global REIT	60.00	60.00

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

October 2017 - Low Cost Portfolio Scorecard

Total portfolio grew to $630,254.32 by end October 2017. Return YTD was 7.68%, XIRR YTD was 9.96%, and XIRR since inception was 7.92%. It was a slow month for dividends in October. I injected $12,000 fresh fund to the portfolio and received $673.31 in dividends.

I subscribed to Capitaland Commercial Trust rights issue and managed to get a total of 900 units, including excess.

Date	Securities Name	FCY	SGD
10-Oct-2017	Greggs PLC (GBP)	22.06	39.43
12-Oct-2017	Heineken Malaysia Bhd (MYR)	316.11	100.81
12-Oct-2017	Carlsberg Brewery Malaysia Bhd (MYR)	86.27	27.51
13-Oct-2017	PCCW (HKD)	416.95	71.84
13-Oct-2017	CNOOC (HKD)	707.69	121.93
16-Oct-2017	Vanguard FTSE AS (HKD)	1,811.64	311.78

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

Recent Sale - Venture Manufacturing

Selling Venture Manufacturing 600 shares @ $21.090.

Recent for selling:
1. Reading news over the weekend that Jeff Bezos was cashing out on his Amazon shares. Insiders selling may indicate short term peak for IT / technology related stock.
2. The recent parabolic run. I’m especially uncomfortable with the gap up since the opening today. It seemed there were many people that became too optimistic with its recent good result announcement.
3. As I worked in IT / technology, I understand it’s a cyclical sector. Many companies are sold with the trendy buzz word around digitalization, public cloud, software defined everything, continuous integration/continuous deployment, and devops. It reminds me in 2000, everyone wants to be a web programmer and work for a dot com startup.

September 2017 - Low Cost Portfolio Scorecard

The portfolio value finally broke $600,000 mark in September. As usual, a $4,000 fresh fund was injected to the portfolio. Return YTD was 5.92%, XIRR YTD was 8.44%, and XIRR since inception was 6.98% as of 30th September.

Total dividends received was $1,324.27.

Date	Securities Name	FCY	SGD
06-Sep-2017	BT Group PLC (GBP)	60.54	106.44
20-Sep-2017	Capitaland Retail China Trust	310.88	310.88
20-Sep-2017	Royal Dutch Shell PLC-B (GBP)	32.06	58.20
25-Sep-2017	HSBC Holdings Plc (HKD)	616.93	106.24
26-Sep-2017	BP PLC (GBP)	39.80	72.21
28-Sep-2017	DBS	105.27	105.27
28-Sep-2017	UOB	70.00	70.00
28-Sep-2017	BHP Billiton PLC (GBP)	58.04	105.39
29-Sep-2017	Telstra Corporation Limited (AUD)	116.54	123.91
29-Sep-2017	China Mobile (HKD)	2,144.09	370.93

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