This portfolio of 10 stocks returned 98.1% for the one-year period, outperforming all comparable benchmarks for 2020. The Edge Singapore’s global portfolio subsequently recorded yearly returns of 13.1%, –9.8%, 25.8% and 18.6% from 2021 to 2024, respectively.
Slightly more than five years and five months ago, we recommended 10 global stocks to our readers in 10 global picks in an ‘unloved’ bull run (Issue 917, Jan 24, 2020), adding to our yearly tradition of picking local stocks for the Lunar New Year. The inception date for The Edge Singapore’s global portfolio was on Jan 24, 2020, with a minimum yearly update. The 10 stocks in the first instalment were equally allocated to a US$100,000 virtual portfolio. As of June 27’s close, our portfolio’s closing value was US$318,483 ($405,555).
The Edge Singapore’s virtual global portfolio does not account for transaction costs and exchange rate fluctuations in its performance tracking. However, dividends and capital changes to individual stocks are accounted for in tracking both the performance of the portfolio and the benchmark indices. In a real portfolio, the closing value is likely to be lower. However, it is worth noting that there were no deposits or withdrawals from our initial US$100,000 capital, so all returns are purely from the stocks within the portfolio.
