June 2018 Portfolio Performance Report for SG market Q2 +2.89, YTD -1.74%, Overall +83.24%

STI had another bad month, with potential trade war looming between US and China and EU posing big risks to the global financial system. In June, STI fell 4.65% pushing it below the 3300 level, ending the month at 3268.70 and setting the year to date low at 3237.77. While STI was plunging this month, my system's SG portfolio managed to profit for the month with a time weighted return of 2.02% thanks to the defensive stock Japfa (SGX:UD2) that currently sitting with an unrealized gain of 15.54%. Unfortunately, another stock which is the oil company CSE Global did not do so well and it pulled down the whole portfolio despite the rising in oil prices. Hence, the portfolio ended this month with only a small net gain. Nonetheless, the result is still good compared to STI.

Portfolio time weighted return for 2018Q2 is +2.89%.

Year-to-date time weighted return is still slightly in the red at -1.74% while ES3 (STI ETF) is -2.30% for the year. For most part of June, the system is around 50% in cash.

Overall time weighted return since inception (from June 2016) increased to +83.24%.

As warned in the previous month, SG market is not in a very good shape. In fact, the system has been cautious since the beginning of the year. The number of uptrending stocks is still declining. If you are not careful, you could end up catching falling knives so it is imperative that traders adhere to their trading strategy and strictly follow their cut loss plan to avoid incurring heavy losses.

Take note that as the selling continues, Singapore stocks are moving into the oversold region. This is where things become 'extremely cheap' and a market-wide reversal upward is likely to happen. Remember the post I wrote about the 80/20 rule? (https://diyquantfund.blogspot.com/2018/01/why-am-i-so-concerned-with-proportion.html). It applies to overselling too! I am not sure when exactly it will happen. Shall wait for the system to signal. The system will maintains a cautious outlook for SG for now. Subscribe as a member to catch the reversal.

One the other hand, the system is maintaining short term bullish US. This month, the US portfolio has done rather well. Check out this post at https://diyquantfund.blogspot.com/2018/06/june-2018-portfolio-performance-report.html for more details on the system US portfolio performance.

Performance Chart

Time Weighted Returns by year

Quarterly Returns

	Q1	Q2	Q3	Q4
2016		+2.80%	+12.83%	-0.27%
2017	+31.42%	+10.14%	+2.97%	+4.29%
2018	-5.09%	+2.89%

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