Portfolio Update - May 2010

Top Twenty Holdings ( by market value )

1. ST Engineering
2. Noble Grp
3. OCBC
4. UOB
5. SIA
6. SingTel
7. Swiber
8. Comfort Delgro
9. Sembcorp Marine
10. Pacific Andes

11. Suntec Reit
12. Midas
13. ARA
14. Goodpack
15. Boustead
16. Capitamall
17. Capitaland
18. Allgreen
19. SMRT
20. HL Asia

Dividend for the month of May = $8,639.13

For the year of 2010, my total dividend = $10,713.30

Market Value of equity = $548,148.55
Market Value of trust fund ( fundsupermart ) = $81,188.48
( $6,390.15 )
Market Value of trust fund ( finatiq ) = $57,375.30 ( $1,080.69 )

"Thousands of experts study overbought indicators, oversold indicators, head-and-shoulder patterns, put-call ratios, the Fed's policy on money supply, foreign investment, the movement of the constellations through the heavens, and the moss on oak trees, and they can't predict markets with any useful consistency, any more than the gizzard squeezers could tell the Roman emperors when the Huns would attack"
- Peter Lynch