UT Portfolio as at 23 Jan 07

As seen from the summary, the dividend from Henderson Glb Pty has been credited. The NAV have also raised from 1.42 to 1.45 in the last two weeks. This trend is in line with the current property upward trend in the global market, led by improving US housing sentiments.

In Asia, overall market sentiments are still good, with Chinese funds leading the charge. Asian property market continues to surge, led by numerous new REITs launched in the market. Property market sentiments in countries like China, Korea and Singapore have been reported delightful.

However, caution must be taken when dumping every cents into property investments. As the saying goes: "everything that goes up, must cme down". It is always good not to leave all the eggs in one basket. :)

Oil prices continue to slide... though this is happy news for me as it gets cheaper to drive around now, but my poor investments suffer profit erosion. Take extra care when investing directly into resources related funds.