Portfolio Review 2Q16

Currently holding on to 11 counters (see Portfolio Review 1Q10 for 1-3, Portfolio Review 2Q10 for 4, Portfolio Review 4Q10 for 5, Portfolio Review 1Q11 for 6, Portfolio Review 2Q13 for 7, Portfolio Review 4Q13 for 8, Portfolio Review 2Q14 for 9, and Portfolio Review 2Q15 for 10):

1. FrasersCT
2. PLife
3. Starhill
4. Cache
5. First REIT
6. Cambridge
7. Croesus RTr
8. CDL HTrust 
9. OUE HTrust 
10. FCL 3.65%b
11. Hyflux 6%Perp

• Buy
  Diversification into perpetuals

Next portfolio review due after 30 September 2016.

Note to self: only simple P/L calculated