Drip of Dividends – Bonds 08/2018

ETF strategy

Did some revision to the stock holdings following the market adjustments this month. With the movement into the various markets and adjustments to investment class in tandem.

What’s in?

Malaysia

  • ABF Malaysia Bond Index (KLSE: 0820EA) – 100 units

Bonds are relatively stable in pricing and provides for good returned compared to fixed deposits. This is one of the reasons to buy into bonds, however, the downside is that it is traded on the stock markets, hence it attracts some brokerage fees and commissions.

Hong Kong, China

  • ABF Hong Kong Bond index (HKEX: 2819) – 10 units
  • CSOP China 5-Year Treasury Bond ETF (HKEX: 83199) – 20 units

Part of the strategy to hold Bonds of various currencies and in equal amounts is for long-term currency adjustments and potential fx changes. With that, it also does increase the currency risk in exposure to geopolitical tensions.

Holdings

  • ABF Malaysia Bond Index (KLSE: 0820EA) – 100 units
  • ABF Hong Kong Bond index (HKEX: 2819) – 10 units
  • CSOP China 5-Year Treasury Bond ETF (HKEX: 83199) – 20 units

Total Portfolio value – SGD $624.26 (indicative)

Will be adding USD and SGD denominated bonds ETFs in the coming months to build up the bonds portfolio.

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