One important asset of most Singaporean is the CPF (Central Provident Fund). Having stopped working for almost 2 years now means that my CPF account had stopped growing.
At the same time, because I started on my own right after school for 2 years, I effectively have roughly 3 years worth of work that contributed CPF. The amount in my account is meagre compared to my peers.
In view of future plan to have family, buy house, have kids, retire, it is imperative to increase CPF saving. My only hope of increasing the value of my account is to invest.
Went into Fundsupermart today to check on my investments. Overall the portfolio reported some gain. However transfering the figures to my excel spreadsheet, it is still lossing. The spreadsheet compared the amount to leaving the fund with CPF Board and receiving an annual interest of 2.5%. I will share this spreadsheet when I find some time to clean it up. Fundsupermart should have provided something like this.
Main Portfolio Allocation
Excel chart showing my current portfolio allocation. Naturally I am overweight on Asia of course. Thanks to that I had recovered much of the losses from the tech crash.
The Europe fund had also performed well. Having brought it near the bottom, it now returned over 60% since 2003.
Going forward, this allocation should remain unchanged.
The bond funds are just keeping ahead of CPF interest return. But they help make a balanced portfolio, so they be unchanged.
Situational Funds
I classified funds in my portfolio into Fixed income, Equity, Balanced and Situational.
Fixed income and Equity make up the main portfolio. I had since removed Balanced fund from my holding since I could do that myself with Fixed income and Equity.
The Situational funds are my "bets" on funds that might do well within the short to medium term.
China is one of the best in this group, returning also 60+% from 2001.
Technology and Bio-technology are my worst. Both are still under water.
Going forward, the aim is to reduce percentage of this group to around 30% of total portfolio. That is to say taking less "bets".
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