$$$ KPO and CZM $$$: Portfolio - October 2020

Thursday, November 5, 2020

Portfolio - October 2020

We were so close to reaching another milestone/goal last month but the market went against us in the last few days, losing 20k+ in 5 days. Hopefully, we will be able to achieve it before the end of this year!

Our portfolio has reached another new high! It increased by 0.12% to $567,374 - $24,741.70 of capital injection (including the use of leverage - $9,483.25) and $24,072.61 of capital loss. This includes $53,036 of leverage/debt (gearing ~10.3%).

If you prefer to look at numbers, this is the raw data used to generate the above bar graph. These numbers are as of the last day of the month.

"Cash Flow" is the amount of money being injected/withdrawn from the portfolio (buying stocks = +ve cash flow while selling stocks and collecting dividends = -ve cash flow)

- Accordia Golf Trust (15,000 units) @ $0.707

Technically, I have yet to sell this stock. Accordia Golf Trust has been privatized and should be delisted soon (it is currently suspended). It did a capital distribution and would have skewed the dividends received so the best action is to treat it as being sold. After holding it for 4/5 years, the absolute return is about 62.71% and the annualized return is 13.01%.

- Thaibev (9,000 units) @ $0.585
- Suntec REIT (6,000 units) @  $1.47
- Capitaland Mall Trust (5,200 units) @ $1.82 (Using leverage)
- IREIT Global (400 units) @ $0.49
- OCBC (19 units) @ $7.81 (Scrip Dividend)
- iShares Hang Seng Tech ETF (400 units) @ HK$15.80
- IWDA (11 units) @ US$65.30

Thaibev, Suntec REIT, and Capitaland Mall Trust are all existing holding and we just decided to continue to invest and average down them. After oversubscribing by 9,900 units, I was only allocated 400 units. Meh. I was expecting to get 2,000/3,000 units.

Another interesting new addition to our portfolio is the iShares Hang Seng Tech ETF (3067). There are a couple of ETFs that is tracking the Hang Seng Tech Index and we chose iShares simply because it has the lowest fee/expense ratio. You can take a look at this article for more information - Hang Seng Tech Index ETF - Which one to buy?

I have "force" myself to buy $1,000 SGD worth of IWDA. We have decided to set some rules for the monthly IWDA investment:
- Current average price: $59.547
- If the market price is above our average price, buy $1,000
- If the market price is below our average price, buy $2,000
- Must buy by last trading day of the month

As an introduction, IWDA (iShares Core MSCI World UCITS ETF) is an accumulating (does not distribute dividends) world ETF managed passively by iShares. This has multiple purposes:
1. Capital Growth - Determine if simply buying a diversified world ETF will outperform StashAway/Endowus
2. Leverage Collateral - It has 70% LTV which will increase eventually increase our ability to borrow more or prevent a margin call

Anyway, IWDA is highly recommended by ShinyThings from HWZ. You can refer to this summarized version here.

On a side note, we can invest in such a small amount because there's no minimum commission for SCB priority customers which makes our investment very cost-effective.

I have also decided to increase my SRS contribution to $1,480 per month with the intention of maxing it by year-end.

Our Monthly DCA for October - $4,230
$1,000 Cash - StashAway Risk Index 22%
$740  KPO's SRS - StashAway Risk Index 36%
$250 CZM's SRS - StashAway Risk Index 14%
$740 KPO's SRS - Endowus Loss Tolerance -60%
$1,000 Cash - Syfe REIT+ (100% REIT)
$500 Cash - Syfe Equity100 (100% Equities)

The total dividends collected this month is $727.10. The breakdown is as follows:

Company                                                                 PayDate      Shares     Total
DBS Group Holdings Ltd                                        5-Oct-20    900          $162.00
Raffles Medical Group Ltd                                  7-Oct-20     20,000    $100.00
OCBC Limited                                                         7-Oct-20    900         $143.10
Pacific Century Regional Developments Limited   22-Oct-20  14,000    $322.00

Total dividends collected for 2020: $17,326.23
Average dividends per month for 2020: $1,732.62




Capital: $43,170‬.00
Current: $‭‭‭‭50,592.80

If you are interested in StashAway, do use our referral link. You get $10,000 free management fees for 6 months and we will get $16!

If you want to extract those transactions information from StashAway, do take a look at this article - StashAway Transactions Parser.


Capital: $9,670.00
Current: $9,914.02

If you are interested in Endowus, do use our referral link for our readers! You will get S$10,000 managed free for 6 months ($20 equivalent) and we will get $20 too!


Capital: $8,200.00
Current: $‭‭‭9,030.90

New Syfe customers will have their first $30,000 managed free for 6 months when they use our new referral code (KPOCZM). We will be receiving a $10 cash incentive for our portfolio if you invest $500 or more.

If you want to extract those transactions information from Syfe, do take a look at this article - Syfe Transactions Parser.

You might be interested in these blog posts too:
Portfolio Performance in 2019
2019 Net Worth
Portfolio - December 2019 - $463,297
Portfolio - January 2020 - $455,071
Portfolio - February 2020 - $442,216
Portfolio - March 2020 - $415,071
Portfolio - April 2020 - $459,037
Portfolio - May 2020 - $470,665
Portfolio - June 2020 - $502,313
- Portfolio - October 2020 - $567,374 

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  1. how did you always get the 3067 at the lowest point at each month of DCA?!! hah..

    1. Haha. I semi time the market. Default rule is must buy by the last trading day of the month. I don't think I got it at the lowest, I remember it went lower the next day.