For some time I had wanted to spin off my investment and free softwares content into a separate section. The blog format is not as ideal as the wiki format for these purposes.
The ball started rolling with the switch to this new site layout. It took longer than expected to convert the template for Mediawiki but it’s finally done.
So there you have it: Wikivestor, a wiki for investors. Next, to beef up the content.
Still thinking of a name for the free softwares section (suggestion?) but that should follow pretty soon.
Drop by Wikivestor and add a content or two to the wiki.
[update: see Wikivestor - DPU]
DPU - Distribution per unit
This term is frequently used in real estate investment trust (REIT) to describe the return of investing in the trust.
In an REIT, profit is distributed to the shareholders (unit holders). The amount received per unit held is the DPU.
[update: see Wikivestor - Bid-to-bid performance]
What is bid-to-bid performance when looking at unit trust (mutual fund)?
When quoting the price of an unit trust, often 2 prices appear - bid price and offer price. Bid price refers to the price that the seller will bid for the unit (the price the buyer will get when selling). Offer price refers to the price the seller will offer to sell the unit (the price the buyer pays when buying).
What such a brain-twisting way of thinking? Perhaps there was a time when unit trust fund manager think that they are more important than those buying.
Sometimes the bid price and the offer price are different. Think of the difference (called the spread) as the amount the fund manager charges for providing this product. (They are after all profit-seeking - buy low, sell high)
Back to bid-to-bid performance. When comparing performance, we usually want to take out the effect the spread. So fund manager use bid-to-bid values which give the "absolute" performance.
Beware! This may not be the performance you are really interested in. For example:
Buy
bid : 0.95
offer : 1.00
Sell
bid: 1.90
offer: 2.00
bid-to-bid performance: 100%
actual return: 90% (!)
[update: see Wikivestor - NODX]
NODX is non-oil domestic exports
The term NODX frequently appears in economic report related to Singapore. Since a large part of Singpare economy derives from oil related export, non-oil export gives an indication of the performance of other sectors. It serves as an indicator of the Singapore trade.
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