Time flies and it’s over 10 months since we talked about the Low risk funds in Singapore – Good returns with Low Risk Funds. A lot has happened in the market since then with the talks of Fed tapering QE being the biggest news causing sell off in the Emerging Markets and Bonds.
However the funds that I talked about earlier in the year have been holding well with the exception of the Lion Global Singapore Fixed Income A fund.
The fund has slipped in red for the 10 month period. The NAV has dropped by 1.49% but has paid off equivalent amount in interest/ dividends and is net flat.
The United SGD fund has been doing very well and is up 3.25% year to date, Fullerton and Nikko follow closely behind. In the coming year this strategy might still work as Singapore Dollar remains stable. I will be looking to re-balance my portfolio soon and will share some new ideas shortly.