UT Virtual Challenge # 3 - Conclusion

It's been a roller coaster ride for all financial markets for the past 3 months with the Bears clearly emerging as the winning side. Jamie finishes top placing with her conservative outlook on the financial markets, hitting 3.29% in total return. Worst performing portfolio came from Rox which managed a -8.14% total return. For educational purpose, i will share their portfolios for your viewing pleasure:


With the average total return at -3.14% overall, it is quite obvious how proper Asset Allocation can help absorb shocks from sudden market downturn as witnessed in the last quarter of 2007. Asia was much affected with at least two funds in the entire portfolio going down more than 10% (China focusd).

Well, some say its bad time to invest since no one knows how long more the downtrend will be; some believed that this is opportune time to go in because the funds will be "cheaper". What do you think?

Virtual Portfolio Challenge #3 as at 29 November 2007

Just wanted to update those who are in the challenge their portfolio results as at 29th November 2007. :D This challenge has been going on for the past two months since 1st October 2007.

Peter Chiu leads the pack with -0.44% loss while Yilin trails with -7.50% loss (based on absolute returns). The average absolute return among the participants after 2 months stands at -3.61% loss.

UT Virtual Challenge - Expanded Version!

Hahahha.. finally...... we have 18 contestants to compete in this challenge instead of the normal 2 (chin & me). The challenge will start from 1st October 07 - 31st December 07. I will be uploading the 18 portfolios shortly.

Here's a teaser: I did a back-test on the portfolios and found that the worst performing portfolio produced more than 6% in 3 months (especially when early July was the global correction). This portfolio had 30% in cash fund. Now for the juicy part; the best portfolio resulted in more than 28% return in the same period.

Moral of the story: As long as you are willing to find out, there will be one suitable investment portfolio for you (based on your risk appetite & required returns).

Disclaimer: Unless you are an Accredited Investor, it is still wise to have a fully qualified financial advisor to assist you in your wealth planning. Should you need professional help, please forward your contact details to calgorix23@yahoo.com.sg

Virtual Portfolio #3

The UT Virtual Challenge has been postponed to start from 1st October till 31st December 07. I will be updating all the portfolios on this blog once they are ready. Have a wondeful weekend!

Virtual Portfolio 3

It's time again for the Virtual Portfolio # 3.

This time i have sent out invitations to some of my frenz in my bank to join the fun. The challenge period will be for 3 months, from 15th September till 14th December 07.

Rules:

1. Participants will need to select funds available on Fundsupermart platform only (easy tracking)

2. Participants can have up to 5 different funds in their portfolio (min. 3 funds)

3. Participants will not be allowed to switch funds during the challenge period

4. Participants are required to pay a joining fee of $10 for this challenge (to pool the prize money for the eventual winner!)

5. Participants must stay employed with the bank throughout the challenge period; else the joining fee will be forfeited.

Stay tuned for the updates, i will upload the participants' portfolio once the challenge begins! :)