1st up, I’d clarify, as I’ve always done so for previous quarterly report cards, that I track returns using XIRR. So this means that the time value of cash is taken into account in the results, but it also skews the annualized XIRR figures for now, as it’d assume the exact same rate of return for the rest of the year. For 1Q 2018, STI ETF produced a XIRR of 4.01%, inclusive of dividends. TTI’s portfolio, inclusive of US holdings and options, produced a XIRR of 6.22%.  AUM grew to $1,462,273.22, inclusive of capital injections, of which almost 35% is kept as SGD cash at the point of writing this. TBH, I was a tad disappointed despite beating STI ETF slightly, in a period of heightened volatility. Perhaps my expectations were too high, but it felt like I was running

SG TTI has a new feature! Right there, at the top bar, under “Latest Corporate News” will be a newsfeed, run by PRNewswire Singapore. Check it out. It’s not very user friendly right now though tbh, I’m not sure if they can incorporate it into the side bar or something, so that it’s constantly running. (They probably can, but I dunno how to) Let’s see if they can do it up better for SG TTI. A long time reader recently emailed me to discuss about my macro views. (I’d leave it to him whether he wants to identify himself in the comments section) It seems I give the impression that I’m pretty optimistic about the macro climate, as “my positions have hardly changed”. But that’s just not true. In fact, I’ve liquidated sever