The Edge Singapore’s 2021 virtual portfolio returned 13.1% (Issue 972) while our 2022 virtual portfolio returned –9.8% (Issue 1021). Despite having losses in 2022, our portfolio still outperformed several comparable benchmarks.
Following the mid-year performance review for The Edge Singapore 2023’s global virtual portfolio last week, we are publishing the updated figures and transactions this issue.
To recap, our virtual portfolio was incepted on Jan 24, 2020 with 10 stocks that returned 98.1% for the year (Issue 917). The virtual portfolio’s starting value of US100,000 was equally allocated among 10 stock picks.
