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Global portfolio up 2.1%, including profits from sales

Thiveyen Kathirrasan
Thiveyen Kathirrasan • 2 min read
Global portfolio up 2.1%, including profits from sales
The total returns since inception stands at 159.8%
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In Issue 1150, we published an update to our 2024 virtual global portfolio. As mentioned in the article, we sold New York-listed Altria Group, Tokyo-listed Anicom Holdings and London-listed Games Workshop Group on Aug 9, using closing prices. We also purchased three new stocks: Singapore Exchange S68-listed Soup Holdings (SGX:5KI) , Shanghai-listed Kweichow Moutai and New York-listed Vici Properties on Aug 12 using closing prices.

To recap, The Edge Singapore’s virtual global portfolio was incepted on Jan 24, 2020, with 10 stock picks equally allocated to a US$100,000 ($131,084) virtual portfolio. Our returns for 2020, 2021, 2022 and 2023 were 98.1%, 13.1%, –9.8% and 25.8% respectively. The updated return for the 2024 period from Feb 23 to Aug 16 for our global portfolio is 2.1%. The total returns since inception stands at 159.8%.

Table 1 shows the updated 2024 portfolio as of Aug 16 close, while Table 2 shows the stocks sold for The Edge Singapore’s 2024 portfolio.

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