My Funds Portfolio 14 Jan 2021

 Below is the overall performance of my funds. For CPF, I put everything into funds. I refuse to buy SGD stocks because you should see the performance of MSCI Singapore below. In the last 1 year, the performance was down 5.9%. it is only this year that the performance went up slightly but it is still down. If I had used my CPF and cash to buy SGX listed companies I would have done at best 5% even with superior stock picking.

 

Look at the other indices. MSCI world is up 16.1%, S&P500 is up 18.0%, China is up 38.6%, Europe up 6.2%, MSCI Asia ex Japan up 28.2%. NASDAQ was of course the best performer with 44.7%. So the growth is NOT in Singapore. It is either in the US or Asia, mainly China. Even the best companies from Singapore are listed in NASDAQ, e.g. SEA Ltd. We have become the “forgotten man” or “sick Man” of Asia in terms of stock markets.

 

 



 

The average performance of my funds are 25.8%. this is unrealised return and doesn’t include realised gains. I’ve held them through the pandemic so holding period is over 1 year. In a 12 month time-frame, my return is about 17.5%.  I’ve beaten the MSCI World, even though only 70% is into equities and 30% into bonds



 

The next 1 to 2 years will be strong for equities. The wind is blowing for stocks to rise further as many governments are still trying to reflate the economies. Things are not BACK to normal. . If I can do it, you can do it too! Let’s work together and try to make USD1m of profits! Or 10 – 15% returns in a safe way! Let’s work hand in hand to achieve this goal. But we also must be wary of risks. For every 10% return, expect 5% of volatility. So if you want 20% return, be prepared for 10% drawdown in your portfolio.

 

Comments

  1. John15 January 2021 at 21:38

    Thanks for the updates. Enjoy the blog. New investor so learning lots

    ReplyDelete
  2. Anonymous22 January 2021 at 16:20

    Hi Jeff, thanks for sharing.

    Can you share how and which platform/provider you used CPF-OA to buy your funds?

    I am using Philips/POEMS and noticed that POEMS Unit Trust offers very few US and China funds that can be bought with OA (of course, I can use cash to buy those funds but want to optimise my OA in the next correction).

    Can you use OA to buy iShare funds you listed (if so, which platform do you use)?

    Thanks for your help.

    JKL

    ReplyDelete
  3. Jeffrey Ong24 January 2021 at 01:41

    Hi, I'd use Fundsupermart. Cheapest platform with the widest array of funds. But the downside is you cannot leverage if you want to. Yes you can buy iShare funds. If you wish to leverage, then you need priority / privilege banking setup or private banking. You will need at least S$200k in your account to begin a priority banking account.

    ReplyDelete
    Replies
    1. Anonymous24 January 2021 at 13:03

      Are you sure ... one can buy iShare funds using OA?

      I checked the official Unit Trust list (CPF-OA and CPF-SA investments only not cash) provided by CPF and iShares is not listed there ... maybe I am missing something? Thanks.

      https://www.cpf.gov.sg/Assets/members/Documents/RCSUT_ListA.pdf

      Delete
    2. Jeffrey Ong25 January 2021 at 00:01

      you are not allowed to buy any ETF or shares NOT listed in SGX. Hence I bought unit trusts from Fundsupermart and have absolutely no regrets. In fact, my funds outperform ETFs.

      Delete

Post a Comment

Popular posts from this blog

A Bull Run is Born from Pessimism

Image
“A Bull Run is born from pessimism”. Some famous fund manager said that. I think it’s Peter Lynch. The bottom of the “Big Correction” was Christmas Eve, 24 th  Dec 2018. All stock markets rallied very hard in the first four months of 2019. But then the Trade War started, with Twitters threatening every other day of escalating embargoes. Asia ex Japan, MSCI Emerging Market and Japan were hit very hard, while the western world continued to rally. It was very difficult as an advisor to “push” or “persuade” clients to increase equity allocation because the news was simply very bad at every angle. There lies my repeated urgings to ignore mainstream news. One simply cannot make economic forecasts and translate that to equity returns! What matters is momentum and value! Pick the best value or cheapest stocks, sectors, funds, check the technicals if they are going to rise or fall. If they are rising, you buy. If they are falling, stay far away. Now that most of the easy money is made in 2
Read more

This Too Shall Pass

Image
This is a good article to serve as a reminder. At the risk of sounding old, with 23 years of experience in the financial industry, and it may seem corny, but I must admit “I’ve seen it all before”.  1998 Asian Financial Crisis, 2001 Sep 11, SARS in 2003, 2008 global financial crisis. The chart does look scary. It is the fastest 18% fall in history because we are in the age of automation and robots trading. ETFs are also causing this sell down as it indiscriminately liquidates stocks when investors sell. Below is the S&P500 ETF, SPY. 18% drop from 18 Feb to now, in 15 trading days. If you are very worried, stretch out your chart on a weekly basis, and over 5 years. It now looks like familiar territory? It is now resting on the 150 weeks moving average. On 24 Dec 18, it rested on the same moving average and shot up by over 25%.  On 8 Feb 2016, it tested again and recovered 53%. Now does it look familiar?  We have seen this happen twice previously in the space of fi
Read more