Unit Trust Portfolio for Dec 2006

Cash Portfolio

I started off my first unit trust investing on 25 July 2006 using $2,000, buying DBS Shenton Twin City from DBS Bank directly with a 4% sales charge. Subsequently, I opened an account with Fundsupermart to take advantage of their reduced sales charges.

1. Jul 26, 2006 Bought DBS Shenton Twin City $2,000 @ 4% sc using cash.


2. Aug 2, 2006 Bought Aberdeen Pacific Eqty $2,000 @1.99% sc using cash.


3. Aug 7, 2006 Injected $3,000 into SGD Cash a/c.


4. Aug 8, 2006 Bought Lion Capital Korea $2,000 @1.99% sc using cash.


5. Aug 14, 2006 Bought Aberdeen Singapore Eqty $2,000 @1.99% sc using SGD Cash a/c.


6. Aug 17, 2006 Bought First State Bridge $2,000 @1.99% sc using cash.


7. Aug 21, 2006 Injected $3,000 into SGD Cash a/c and top up Aberdeen Pacific Eqty $100 @1.99% sc using SGD Cash a/c.


8. Aug 25, 2006 Bought DWS Global Themes $1,000 @2.25% sc using SGD Cash a/c.


9. Aug 29, 2006 Bought First State Asia Inno&Tech $1,000 @2.25% sc using SGD Cash a/c.


10. Sep 6, 2006 Bought Fidelity Italy EUR $1,000 @1.6% sc using SGD Cash a/c.


11. Sep 14, 2006 Switched from Aberdeen Singapore Eqty to Aberdeen Pacific Eqty $2,023.67 @0.75% sc.


12. Sep 18, 2006 Injected $2,000 into USD Cash a/c.


13. Sep 19, 2006 Bought UOB Gold & General $1,000 @2.25% sc using SGD Cash a/c.


14. Sep 25, 2006 Injected $3,000 into SGD Cash a/c.


15. Oct 2, 2006 Bought Lion Capital Singapore Trust $1,000 @2.25% sc using SGD Cash a/c.


16. Oct 4, 2006 Top up Aberdeen Pacific Eqty $400 @1.99% sc using SGD Cash a/c.


17. Oct 18, 2006 Bought Henderson Euro Prop Sec $1,000 @2.25% sc using SGD Cash a/c and top up Aberdeen Pacific Eqty $176.33 @1.99% sc using SGD Cash a/c.


18. Oct 19, 2006 Injected $3,000 into SGD Cash a/c.


19. Oct 30, 2006 Top up Aberdeen Pacific Eqty $300 @1.99% sc using SGD Cash a/c.


20. Nov 3, 2006 Switched from First State Asia Inno&Tech to Lion Capital Asia Pacific $1,014.91 @0% sc.


21. Nov 14, 2006 Switched from DWS Global Themes to DWS China Eqty $1,022.27 @0% sc and bought Lion Capital Japan Growth $1,000@2.25% sc using SGD Cash a/c.


22. Nov 20, 2006 Top up Lion Capital Asia Pacific $200 @2.25% sc and Lion Capital Japan Growth $200 @2.25% sc using SGD Cash a/c.


23. Nov 27, 2006 Switched from Aberdeen Pacific Eqty to Aberdeen European Opps $1,112.01 @0% sc and top up UOB Gold & General $1,000 @2.25% sc using SGD Cash a/c.


24. Nov 29, 2006 Switched from USD Cash a/c to SGD Cash a/c $1,956.31 @0% sc.


25. Dec 5, 2006 Switched from First State Bridge to Lion Capital Asia Pacific $2,116.98 @0% sc.


26. Dec 7, 2006 Top up Henderson Euro Prop Sec $200 @2.25% sc using SGD Cash a/c.


27. Dec 8, 2006 Injected $3,000 into SGD Cash a/c and top up Lion Capital Asia Pacific $200 @2.25% sc using SGD Cash a/c.


28. Dec 11, 2006 Bought Aberdeen Indonesia Eqty $1,000 @2.25% sc using SGD Cash a/c.


29. Dec 13, 2006 Top up DWS China Eqty $100 @2.25% sc using SGD Cash a/c.


30. Dec 15, 2006 Switched from Fidelity Italy EUR to Henderson Euro Prop Sec $1,102.80 @0% sc.


31. Dec 19, 2006 Bought United Asian Growth Opps $1,000 @2.25% sc using SGD Cash a/c.


32. Dec 26, 2006 Injected $3,000 into SGD Cash a/c and switched from Aberdeen Pacific Eqty to Lion Capital Asia Pacific $4,397.01 @0% sc.


33. Dec 28, 2006 Switched from Lion Capital Korea to Lion Capital Singapore Trust $1,126.56 @0% sc.

CPF-OA Portfolio

1. Aug 17, 2006 Bought UOB United International Growth $1,000 @1.99% sc.
2. Sep 19, 2006 Bought Fidelity Eur Agg EUR $2,000 @1.6% sc.
3. Oct 9, 2006 Bought Henderson Euro Prop Sec $3,000 @2.25% sc.
4. Nov 14, 2006 Switched from UOB United International Growth to United Global Real Est Sec $1,022.71 @0% sc.
5. Dec 11, 2006 Switched from Fidelity Eur Agg EUR to Henderson Euro Prop Sec $2,087.15 @0% sc.

As these are my first couple of months into unit trust investing, I made a couple of mistakes:

1. Bought funds purely based on FSM recommendations without first researching the funds to see whether it is the best fund that suits my risk profile. (Eg. Aberdeen Pacific Eqty & First State Bridge - I find them not volatile enough. Should have used FS Bridge for CPF-SA.


2. Made too many switches. Switches reduced my overall returns on my portfolio.


3. Didn't have an asset allocation plan that I'm comfortable with, but starting to develop it towards the end of 2006. Less swtches as time goes by.