In Issue 1150, we published an update to our 2024 virtual global portfolio. As mentioned in the article, we sold New York-listed Altria Group, Tokyo-listed Anicom Holdings and London-listed Games Workshop Group on Aug 9, using closing prices. We also purchased three new stocks: Singapore Exchange
To recap, The Edge Singapore’s virtual global portfolio was incepted on Jan 24, 2020, with 10 stock picks equally allocated to a US$100,000 ($131,084) virtual portfolio. Our returns for 2020, 2021, 2022 and 2023 were 98.1%, 13.1%, –9.8% and 25.8% respectively. The updated return for the 2024 period from Feb 23 to Aug 16 for our global portfolio is 2.1%. The total returns since inception stands at 159.8%.
Table 1 shows the updated 2024 portfolio as of Aug 16 close, while Table 2 shows the stocks sold for The Edge Singapore’s 2024 portfolio.
Our global virtual portfolio will not account for transaction costs and exchange rate fluctuations in tracking performance. Dividends and capital changes to the stocks, on the other hand, will be accounted for in tracking portfolio performance, based on the previous instalments.
Disclaimer: This article is for information purposes only and does not constitute a recommendation, solicitation or expression of views to influence readers to buy or sell stocks, including those mentioned herein. This article does not take into account the investor’s financial situation, investment objectives, investment horizon, risk profile, risk tolerance and preferences. Any personal investments should be done at the investor’s own discretion and or after consulting licensed investment professionals at their own risk. The writer of this article has long positions in all the listed stocks except Kweichow Moutai.
