1. It was better year than 2020 with a TWR of 8.4% for 2021. However, I am disappointed and green with envy of my fellow investors on stockscafe and investingnote who did much better.
2. The performance of the The Value Fund lagged behind all three benchmark indexes of ES3 (12.9%), SPY(30.7) and VT(19.9%). Missed my personal goal of exceeding ES3 by at least 5ppt.
3. Total AUM reached $1.56M comprising of a portfolio value of $1.4M and $177K of cash/FDs/bonds/SSBs. Missed my personal goal for total AUM of 1.58M.
4. Total Profit & Loss for the year was 88.8K with a realised 48.3K, comprising mainly of dividends.
5. On the positive side for 2021,
a. Diversified out of the Singapore market with 33% of the portfolio is now currently in China, Hong Kong and USA markets.
b. Started a system to regularly sell puts and call options on shares to increase ROI while avoiding getting assigned unless I wanted to buy in the first place.
c. My long time investment in Straits Trading finally bore fruit and saved the day.
6. On the negative side for 2021,
a. The China and Hong Kong markets tanked in 4Q 2021 due to China market reforms which dragged down the share price of my holdings, mostly crucially Alibaba.
b. Missed adding more positions in Microsoft, Pfizer etc over the year due to hesistation and insufficient time for investment research.
7. Going forward into 2022, my goals are:
a. Stretch target to reach Total AUM of $1.75M.b. Maintain or exceed CAGR of 10%.c. Raise dividends to $60K p.a.
d. Create Wealth Lending Account for shares to use leverage and abitrage between investment classes.
My current portfolio can be found at https://stocks.cafe/user/profile?username=thevaluefund
