Updates on the Virtual Portfolio #2

As at 31st August 07 - (Armagedon)

Chin:
33.33% DWS China Equity Fund - SGD 2.412 -> SGD 3.0504
33.33% DWS Asian Small Cap Fund - SGD 1.547 -> SGD 1.4978
33.33% Lion Cap Sing/Malaysia Fund - SGD 2.733 -> SGD 2.580

Net Growth = (26.47 - 3.18 - 0.56) / 3 = 7.58 %

Calvin:
40.00% Fidelity China Focused Fund - SGD 1.136 -> SGD 1.424
40.00% Schroders ISF Emerging Markets Opportunity Fund - SGD 11.71 -> SGD 11.87
20.00% Henderson Asian Dividend Income Fund (USD) - USD 13.48 -> USD 13.78

Net Growth = 10.14 + 0.55 + 0.45 = 11.14 % (not inclusive of recent USD appreciation of 0.62% over the past 3 months)

I won the bet yet again by a convincing 356 basis pts. :)

Virtual Portfolio # 2 - as of 1st August 2007

Two months into the bet....

Chin:
33.33% DWS China Equity Fund - SGD 2.412 -> SGD 2.8015
33.33% DWS Asian Small Cap Fund - SGD 1.547 -> SGD 1.5724
33.33% Lion Cap Sing/Malaysia Fund - SGD 2.733 -> SGD 2.802

Net Growth = 5.38 + 0.55 + 0.84 = 6.77 %

Calvin:
40.00% Fidelity China Focused Fund - SGD 1.136 -> SGD 1.312
40.00% Schroders ISF Emerging Markets Opportunity Fund - SGD 11.71 -> SGD 12.14
20.00% Henderson Asian Dividen Income Fund (USD) - USD 13.48 -> USD 13.75

Net Growth = 6.20 + 1.47 + 0.40 = 8.07 % (not inclusive of recent USD fluctuation)

I am now leading by about 130 basis pts. Taking into consideration of current market volatility, both portfolios are pretty resilient to the market noises. Stay tuned to find out the final results...... :)

Virtual Portfolio #2 - as of 29th June 2007

One month has passed, let's do some updates.....

Chin:
33.33% DWS China Equity Fund - SGD 2.412 -> SGD 2.6571
33.33% DWS Asian Small Cap Fund - SGD 1.547 -> SGD 1.5615
33.33% Lion Cap Sing/Malaysia Fund - SGD 2.733 -> SGD 2.85

Net Growth = 3.39 + 0.31 + 1.43 = 5.13 %

Calvin:
40.00% Fidelity China Focused Fund - SGD 1.136 -> SGD 1.244
40.00% Schroders ISF Emerging Markets Opportunity Fund - SGD 11.71 -> SGD 11.86
20.00% Henderson Asian Dividen Income Fund (USD) - USD 13.48 -> USD 13.77

Net Growth = 3.80 + 0.51 + 0.43 = 4.74 % (not inclusive of recent USD appreciation)

Chin is currently leading by about 30 basis pts. Will this winning streak continue? Stay tuned to find out...... :)

Virtual Portfolio #2 - from 01 June to 31 Aug 07

Both Chin and me has agreed to run another campaign on the Virtual portfolio. This is the breakdown:

Chin:
33.33% DWS China Equity Fund
33.33% DWS Asian Small Cap Fund
33.33% Lion Cap Sing/Malaysia Fund

Calvin:
40.00% Fidelity China Focused Fund
40.00% Schroders ISF Emerging Markets Opportunity Fund
20.00% Henderson Asian Dividen Income Fund (USD)

Let's see how these portfolio will square off eventually........ :)