Total Portfolio Return: SG +122.19% US +107.49%  Find out more >>


Nov 2021 SG Portfolio Performance: +29.98% year-to-date, +124.03% total


November was another quiet month for the SG portfolio. There were many unloadings and very few additions to the portfolio. Portfolio was heavily in cash as per what I have mentioned last month which is to keep more cash. Thanks to that, when the sell-off came at the end of the month due to the emergence of the new Omicron variant, the portfolio was well protected. Monthly return for November is flat at -0.38% while ES3 (STI ETF) fell 2.78%. Portfolio year-to-date return is now at +29.98% while ES3 return dropped to +8.24%. Total return since inception is now +124.04%. ES3 returned +26.65% for the same period. 

The overall market sentiments remain weak. As the Fed signaled more aggressive tapering and with the new Omicron variant disturbing countries' plans to open up, I believe the way to go is to keep more cash and stay prudent as we move into December. Of course I still hope Santa rally will be able to help boost the market. Only time will tell. Stay safe.

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