From the start of 2016, my portfolio asset mix had changed.
The biggest reduction came from divesting some fixed income/bonds (-7.5 percentage points). Correspondingly, the cash and cash equivalent went up by almost the same margin (+7.0 percentage points).
There was a marginal reduction in foreign currency linked investments (-0.3). Insurance linked investments went up just 0.8 percentage point.
|Asset Mix in percentages (%)||Dec 2015||Dec 2016||Change|
|Forex related investments||8.1||7.8||-0.3|
|Insurance related investments||9.5||10.3||+0.8|
|Cash & Equivalent||24.3||31.3||+7.0|
I kept to the same exposure to equities with no change in percentages at 24.5% of the total portfolio.
Fixed income/bonds investments stood at 26.1% of portfolio. With bonds markets tumbling after US Federal Reserve (Fed) raised benchmark interest rate in December, it was a move I took to reduce exposure in these financial instruments.
Because the financial markets were volatile during the year, I turned risk-averse and kept more cash in the portfolio at 31.3%.
I am not too sure how 2017 would be like. Investing has turned more dicey. Let’s see.
Copyright © 2016, limkimtong for Living Investment
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