My Investment Portfolio
Notwithstanding the bullish market, I decided to compile a list of stocks which I would invest in during crisis times. They would become part of my investment portfolio. These are companies with strong cash flow, sustainable revenue and easy-to-understand businesses. Essentially, these are companies which will still be around 10, 20 and 30 years down the road. I am still doing research and will reveal the companies in due time. Nonetheless, I noted that three of the companies (Genting Singapore, Capitaland and Noble Group) are listed in the STI Index. I am not surprised because these are well-managed and established companies that are well-covered by stock analysts.
Drawing on my previous experience on stock investing, I have made a commitment to change the way I invest in stocks. I realized the need to keep my emotions in check and perform more in-depth analysis before parting my money. Hence, going forward, readers can look forward to more of my stock analysis in this blog.
On 12 Sep 2013, Singapore Press Holdings (SPH), Singapore Exchange Limited (SGX) and FTSE Group (FTSE) announced that constituents of the Straits Times Index (STI) will be unchanged following the conclusion of its quarterly review. To be included in this index is considered to be among the elites and would need to fulfill several requirements to make it into the list.
The STI reserve list, comprising the five highest ranking non-constituents of the STI by market capitalisation, will be (in order of size) Ascendas Real Estate Investment Trust, Keppel Land UOL Group, CapitaCommercial Trust and Yangzijiang Shipbuilding Holdings. Companies in the reserve list will replace any constituents that become ineligible as a result of corporate actions, before the next review.
A full list of STI constituents can be found in Appendix 1.
The STI is widely followed by investors as the benchmark for the Singapore market and is used as the basis of a range of financial products including Exchange Traded Funds (ETFs), futures, warrants and other derivatives.
Several changes were made to other indices in the FTSE ST Index Series including the FTSE ST Maritime and FTSE ST Catalist. In the FTSE ST China Top Index, Global Logistic Properties, Keppel Land will replace United Envirotech, Hyflux respectively. Full details of all deletions and additions can be found under the Index Reviews section at www.ftse.com/st.
All changes from this review will take effect from the start of trading on 23 September 2013. The next review is scheduled for 12 December 2013.
The indices are reviewed half-yearly by the independent FTSE ST Index Advisory Committee, in accordance with the index ground rules and reviewed quarterly to fast-track the inclusion of eligible IPO stocks. The FTSE ST methodology ensures the indices accurately represent the investable universe for benchmarking purposes and can be easily replicated as the basis of index-linked products.
Appendix 1
STI Constituents
Capitaland | Noble Group |
CapitaMall Trust | Olam International |
CapitaMalls Asia | Oversea-Chinese Banking |
City Developments | SembCorp Industries |
ComfortDelGro | Sembcorp Marine |
DBS Group Holdings | SIA Engineering |
Genting Singapore | Singapore Airlines |
Global Logistic Properties | Singapore Exchange |
Golden Agri-Resources | Singapore Press Holdings |
Hongkong Land Holdings | Singapore Technologies Engineering |
Hutchison Port Holdings Trust | Singapore Telecom |
Jardine Cycle & Carriage | StarHub |
Jardine Matheson Holdings | Thai Beverage |
Jardine Strategic Holdings | United Overseas Bank |
Keppel | Wilmar International Limited |
Magically yours,
SG Wealth Builder