Portfolio Review 1Q14

Currently holding on to 10 counters (see Portfolio Review 1Q10 for 1-3, Portfolio Review 2Q10 for 4, Portfolio Review 4Q10 for 5-6, Portfolio Review 1Q11 for 7, Portfolio Review 4Q12 for 8, Portfolio Review 2Q13 for 9 and Portfolio Review 4Q13 for 10):

1. FrasersCT
2. PLife
3. Starhill
4. Cache
5. First REIT
6. Sabana
7. Cambridge
8. Sembmarine
9. Croesus RTr
10. CDL HTrust

Next portfolio review due after 30 June 2014.

Note to self: only simple P/L calculated