Tuesday 1 August 2023

My Investment Portfolio - SG (End Jul 2023)


Transactions made:

- Added 2,000 units of Ireit Global at $0.408 via rights application
- Added 2,000 units of Mapletree Industrial Trust at $2.28

With just 50 units of Ireit Global, I had been waiting for a rights issue to round up the shares to hundreds. But guess what... while I did apply for excess, I forgot to apply in 50s to round my overall shares to hundreds (facepalm).. Anyway, with 50 units, my eligible units was 8. I applied for excess of 1,992 more and did not expect it to be fully allotted. If I knew that, I would have applied for alot more excess.  

I also bought more Mapletree Industrial Trust (MIT) at $2.28 as I continue my investment journey. I wanted to add banks, but kept missing the boat since orders did not get fulfilled. Meanwhile, it was a fruitful month for T-bills too. I managed to get all three tranches of T-bills, the 6-months and 1-year ones, for my partner. This also marks the first time, we got a 1-year T-bill after trying it for so many rounds and not being successful.

CME FedWatch as of 29 Jul 23

As expected and shared in my post last month, US Fed hiked the interest rate in end Jul. The next meeting is on 20 Sep. As of 29 Jul 23, the market has priced in US Fed maintaining rates (i.e. no more hikes) until 1 May 2024 where the first rate cut will take place. 

In the meantime, my journey continues whether the hikes continue, pause or cut. I am still watching out and waiting for banks to drop to my desired price. Meanwhile, I am waiting for September SSB's interest rate to be announced in early August. There is quite a high chance that the effective interest rate over 10 years will be above 3%. When that happens, I will need to make a decision on whether to redeem the previous batch of SSB I got last year. In my more than 10 years journey of making my money work harder, I realised that I have trained myself to plan in advance. 

Dividends received* during the month: $504.68 (Mapletree Industrial Trust)

Total dividends received in 2023: $10,094.11

Average dividends per month^: $841.18

Total Portfolio Market Value: $364,900.97

* Dividends are recognised after payment date. Average dividends per month is calculated by dividing the dividends received by 12 months regardless of the month. 
Portfolio excludes Singapore Savings Bonds, T-bills and Foreign Stocks
Divided by 12 months regardless of month of the year. 

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