SRS Portfolio - 19 Sep 2022

Portfolio as of 19 Sep 2022

Since my last update, the SRS portfolio received a $1,545 distribution from Daiwa House Logistics Trust. This helps "reduce" the pain from the capital loss on this position. I will continue to "clip coupons" from this position given the REIT is fundamentally fine, probably need to wait for the country to open up before the JPY can strengthen. 

There was no major news on the portfolio for the last 2 weeks and the portfolio remains resilient. In terms of cash to be deployed, I am sitting on cash of $118,302. The cash is of course, earning meagre returns even though interest rates on fixed deposit rates are getting much better returns now. 

On a related note, Frasers (as expected), upsized its bond offering on "strong demand" for the 5Y bond with 4.49% yield. See my IPO write up here. If you are a small investor, you will be allotted in full. You can also refer to the article in Business Times here and the balloting table below.

Balloting table for Frasers 5Y Retail Bonds with interest at 4.49%

Happy SRSing