Virtual Portfolio Review - 1st Month

Right before the correction in March 07, Chin and me went into a bet on our virtual portfolio as follow: http://calvin-moneysense.blogspot.com/2007/01/ut-portfolio-as-at-26-jan-07.html

One month into the bet, i thought it would be a good time to provide some updates:

Chin (01 March 07)
DWS China Equity Fund - SGD 2.0477
Lion Capital Vietnam - SGD 0.999
First State Bridge - SGD 1.358

Chin (02 April 07)
DWS China Equity Fund - SGD 2.1005 (+0.0528)
Lion Capital Vietnam - SGD 0.998 (-0.001)
First State Bridge - SGD 1.3766 (+0.0186)

Calvin (01 March 07)
DWS China Equity - SGD 2.0477
Aberdeen Thailand - SGD 4.1917
Lion Capital Global Flexi - SGD 1.129

Calvin (02 April 07)
DWS China Equity Fund - SGD 2.1005 (+0.0528)
Aberdeen Thailand - SGD 4.1059 (-0.0858)
Lion Capital Global Flexi - SGD 1.157 (+0.028)

The recent correction hurt the market quite abit, although the recovery was quick, especially in Asia. Thai equity was a disgrace at the moment due to political unrest. With today's newspaper article where thailand is no longer as popular a travel destination as before, equity growth in Thailand would be further moderated.