Singapore REITs continued their rally this morning, turning most of my year-to-date buys into profitable positions. Combined with July’s strong performance from counters like iFAST Corporation (SGX: AIY) and Venture Corporation (SGX: V03) , my SG portfolio is finally above water this year.
While it still lags behind SPDR Straits Times Index ETF (SGX: ES3) this year, my SG portfolio remains comfortably ahead over the longer time period. I’m pleased with the 8.7% XIRR achieved since its inception in 2020.
I’m unsure how long this rally will persist, but if the momentum continues into next week, I may trim some positions. My overall portfolio is on track to meet its 10% target return for the year. I’ll provide more details if necessary.
For now, I’m simply enjoying this positive market trend.
I hope you are benefitting from this rally too!
Join Me in Supporting A Very Special Celebration!
Click here if you would like to support my effort in raising fund for Autism Resource Centre (Singapore). Read my previous post for more information and context of this fundraising event.
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