Saturday, 1 April 2017

Portfolio Update - March 2017

*As of 31 March 2017

Counter Average Price Yield on cost(%) Weightage
Fraser Logistics & Industrial Trust
0.9317
7.50
9.01%
Starhub
3.4700
4.60
8.39%
SIA
9.8600
2.00
7.95%
Singtel
3.6700
4.74
7.89%
First REIT
1.2532
6.38
6.16%
ParkwayLife REIT
2.4000
5.10
5.80%
M1
2.3600
5.00
5.71%
SembCorp Industries
2.4500
3.25
5.27%
UOB Bank
18.2150
4.00
4.89%
Capitaland Mall Trust
1.9050
5.80
4.61%
CDL Hospitality Trust
1.3050
6.80
3.16%
AimsAmp Cap REIT
1.3300
8.40
7.15%
Keppel Corp
5.3700
5.00
4.33%
SPH
3.7500
5.00
3.02%
Keppel DC REIT
1.0822
6.17
2.33%
Capitaland Commercial
1.3523
6.15
1.82%
SPHREIT
0.9293
5.80
1.75%
Ascendas Hospitality
0.6991
8.03
0.94%
Mapletree Logistics
0.9800
7.40
0.79%
STI ETF
2.8058
3.50
9.05%
Total

5.19
100.00%

Legend
CDP
SCB

Total Invested Capital = $37,215.27

Total Expected Dividends/month = $160.96

Average Dividend Yield = 5.19%

To sum it all, the month of March is a quiet one. This will be a short post to update some changes to the portfolio.

I have increased another tranche of FLT as the prices started to gather steam with the potential target of $1 in sight, which had been proven to be the strong resistance previously. The reasons for investing remain the same as before.


I have also added a position in AimsAMP REIT during a day just before the rate hike decision at $1.33 a piece. It may have looked like a good decision as it turned upwards after hitting the low of $1.325 that day. The management of AimsAMP has done considerably well, against the backdrop of the poor industrial property performances as compared to the other smaller industrial players in the market. This is commendable, by consistently outperforming the market ever since the depths of the GFC. We can compare this by looking at the occupancy rates of AimsAMP versus the general industrial property occupancy rates as below.


That is pretty much it. I will be expecting additions in some units of Ascott REIT into my portfolio come mid April as I have over-subscribed for the rights issue. Since REITs have been on an upward trend ever since the announcement of the interest rate hike, it is good to add as much of the this discounted units as possible. I had previously taken a loss because of the XR share price movement and I am looking to reduce the cost price of the new units as much as I can. If the remote chance where I would be allotted more than I have expected happens, I may consider selling some to lock in some profits. Of course, this is assuming the mother share prices stays this resilient. Otherwise, I am happy holding out for close to 8% yield, perhaps until they call for more cash again, which is very likely with this year.

My portfolio has steadily gotten bigger, and it would be larger soon enough with more Ascott REIT units coming in. Perhaps, I should take the chance in this rally to do some spring cleaning.

Well, let see how it goes first.

5 comments:

  1. Well done on your REITs especially FLIT and AIMS.

    ReplyDelete
    Replies
    1. Hi Cory,

      Welcome to my blog. Thanks, I hope it inspires many more people to see the benefits of investing early.

      DS

      Delete
  2. Piling up 👆 on industrial reits!!! :)

    ReplyDelete
    Replies
    1. Hi B,

      Yup, indeed, they are pretty cheap at that point in time.

      DS

      Delete