As mentioned in the initial post on a football team of stock, the team seems to be a tad too defensive for my own liking. With that realisation, I tweaked my allocation ratio of dividend to income from 60:40 to 50:50. This has been translated into immediate actions over the past few weeks as I divested some income counters and accumulated more international growth stock.
With the adjustment, the following image shows the new team.
(% portfolio by cost, average price)
Besides the above starting 11, the followings are on the bench.
Mapletree Industrial Trust (4.0 % @ $2.04)
Hongkong Land (3.9% @ US$7.31)
Straco (3.2% @ $0.82)
Mapletree NAC Trust (3.2% @ $1.16)
Mapletree Logistic Trust (3.1% @ $1.32)
Mapletree Commercial Trust (3.1% @ $1.58)
Booking Holdings (2.1% @ US$2005)
Feeling better with this updated line-up. A stronger team and stands a good chance to do well in the gruelling stock league for the next few seasons.
* Today (31/8), Tencent suffered a hard tackle today and might be injured. Short term’s performance will be affected but long term he should continue to play a vital role for the team.