Mid-Year Portfolio Review

I did a quick review of my portfolio holdings and found that 3 more ETFs have made it into my top holdings list. My resolution for 2020 was to buy more ETFs and to spend less time trying to stock pick, so its good to see ETFs taking up a larger part of my portfolio. GSK is almost there, will probably make the list in the next update.

Strategy: July 2020

Did my regular monthly purchases of WQDV and VHYD, plus FSMOne RSP of 2800.HK. Also decided to do small top-ups of various shares GSK, Shell, HSBC, Westpac, Santander, Telefonica, and Ascott Residence Trust. 

Big rally in China stocks in the start of July so that I am not topping up China for the moment. I remain overweight China with Greater China amounting to about 20% of my portfolio. 

Dividends: June 2020

Vanguard ETFs pay out this month and also Comfort Delgro, Sembcorp. 

Strategy: June 2020

After investing quite a bit between March-May 2020, I had planned to scale down my purchases after the 1st week of June. However, I took at the market at end June and decided that there was perhaps some value left, especially since STI was still below 3,000.

So for the last week of June, I bought Singtel @ $2.46 for SRS, and did various small top-ups like Capitaland, Frasers HT, WQDV, and VHYD.

I believe Singtel has reasonable prospects with stable demand for telecommunications and data. It is also a tourism play in that any tourism recovery will lead to a recovery in roaming revenue..

As for Capitaland, I'm actually preferring it to purchasing REITs and will continue to accumulate under $3.

Finally, I also opened a Singlife savings account that promises 'up-to' 2.5% "interest" for amounts up to $10k.  The application was hassle-free and fund transfers to the account appeared after a few minutes. Seems like a good place to park a few thousand dollars and earn a little bit of interest. Its technically not a savings account but an insurance policy but is still protected by SDIC so I have no worries.