Trade Summary af of 2011-Sep-30

After doing some adjustments to the portfolio, I manage to recover some lost grounds against the Index. However, I am still waiting for the right time to enter the market and regain my advantage over the index. The target is to perform at least 10% above the index. Otherwise, it would be better to just buy ETF index.

Here is a summary of the performance:

Month Ended	Portfolio Value	Equity Value	Cash Value	DIV (Cum)	Vested	Chg	Portf Perf	STI Perf
31/12/2010	107,021	98,120	8,901		91.7%
31/01/2011	104,899	78,760	26,139		75.1%	-2.0%	-1.98%	-1.00%
28/02/2011	105,064	18,350	86,639	75.00	17.5%	0.2%	-1.83%	-6.26%
31/03/2011	105,074	67,770	37,229	75.00	64.5%	0.0%	-1.82%	-3.30%
30/04/2011	105,680	24,650	80,955	75.00	23.3%	0.6%	-1.25%	-1.03%
31/05/2011	105,155	59,330	45,310	515.00	56.4%	-0.5%	-1.74%	-1.65%
30/06/2011	104,714	73,430	30,644	640.00	70.1%	-0.4%	-2.16%	-2.58%
31/07/2011	102,452	83,260	18,552	640.00	81.3%	-2.2%	-4.27%	-0.72%
31/08/2011	91,117	40,640	48,230	2,247.50	44.6%	-11.1%	-14.86%	-10.18%
30/09/2011	88,928	49,840	36,840	2,247.50	56.0%	-2.4%	-16.91%	-15.97%

The poor performance in August and September was due to sudden drop in price of SIA and Ezra. This two counter experience drops of over 20% at one point. Other than that, the portfolio were quite able to coup with the index. For SIA, there was a dividend of 10% which was able to cushion off some of the effects.