NOVEMBER 2017 PORTFOLIO PERFORMANCE (%)
Highlights
Portfolio Changes
As global economies improve, we believe there is an increasing risk of inflation. This is not merely asset, but goods and service inflation. This leads us to include into our asset allocation strategy, a commodity component in our asset mix. We have revised our weightage downwards on Gold as the Commodity ETFs selected will also have some exposure to gold.
NOVEMBER 2017 ETF PERFORMANCE (%)
*Performance return is based on total return with dividend reinvestment. Performance calculation does not take into consideration any transactional cost or brokerage fee.
Sai Teng covers the global macro research. He has more than 6 years investment experience primarily in portfolio construction and asset allocation. He graduated with Bachelor of Science in Banking and Finance from University of London.