"little book" strategy in HK MAR 2014)

For the little book strategy, the performance in MAR 2014 is as follows:

Month		EquityValue		Cash		Total portfolio value	Monthly return	YTD return
Jul-12		231,821.48		22,033.23		253,854.71	0.00%	0.00%
Aug-12		223,490.00		22,033.23		245,523.23	-3.28%	-3.28%
Sep-12		228,940.00		22,645.99		251,585.99	2.47%	-0.89%
Oct-12		246,210.00		23,213.97		269,423.97	7.09%	6.13%
Nov-12		249,900.00		23,213.97		273,113.97	1.37%	7.59%
Dec-12		263,220.00		23,213.97		286,433.97	4.88%	12.83%
Jan-13		284,490.00		23,213.97		307,703.97	7.43%	21.21%
Feb-13		292,370.00		23,213.97		315,583.97	2.56%	24.32%
Mar-13		274,840.00		23,213.97		298,053.97	-5.55%	17.41%
Apr-13		294,150.00		23,213.97		317,363.97	6.48%	25.02%
May-13		332,177.70		8,405.76		340,583.46	7.32%	34.16%
Jun-13		312,720.00		12425.07		325145.07	-4.53%	28.08%
Jul-13		326,470.00		13758.68		340228.68	4.64%	34.02%
Aug-13		323,605.00		13758.68		337363.68	-0.84%	32.90%
Sep-13		335,125.00		16173.1		351,298.10	4.13%	38.39%
Oct-13		346,730.00		17960.84		364,690.84	3.81%	43.66%
Nov-13		353,630.00		17960.84		371,590.84	1.89%	46.38%
Dec-13		319,580.00		17960.84		337,540.84	-9.16%	32.97%
Jan-14		315,951.74		17,960.84		333,912.58	-1.07%	31.54%
Feb-14		316386.74		17,960.84		334,347.58	0.13%	31.71%
Mar-14		316330.00		17960.84		334,290.84	-0.02%	31.69%

Note: returns here are total return, dividends and transaction costs are included in the return already.
Holdings:

Stock code		Stock Name		Unit cost price		Quantity
00623		SINOMEDIA HLDG		5.8300		6000
02698		Weiqiao Textile		0.0000		7000
01234		China Lilang Ltd		4.2360		9000
00189		DONGYUE GROUP		3.8346		9000
01361		361 DEGREES		1.9324		19000
01146		CH outfitter		1.2077		30000
01368		XTEP International		3.4219		11000
00893		CHINAVTM MINING		1.5398		24000
00941		China Mobile		82.8812		500

Disclaimer: Please note that the information are provided for you by way of information only.  All the information, report and analysis were and should be taken as having been prepared for the purpose of general circulation and that none were made with regard to any specific investment objectives, financial situation and particular needs of any particular person who may receive the information, report or analysis (including yourself). Any recommendation or advice that may be expressed in or inferred from such information, reports or analysis therefore does not take into account and may not be suitable for your investment objectives, financial situation and particular needs 

SG shareholder's Yield Strategy MAR 2014-- One year return and rebalance of portfolio

For MAR 2014, the performance is as follows:

EquityValue		Cash		Total portfolio value		Monthly return		YTD return
104,257.75		0.00		104,257.75		0.00%		0.00%
104,159.16		0.00		104,159.16		-0.09%		-0.09%
101,914.16		0.00		101,914.16		-2.16%		-2.25%
99,129.16		0.00		99,129.16		-2.73%		-4.92%
100,672.16		0.00		100,672.16		1.56%		-3.44%
96,506.96		0.00		96,506.96		-4.14%		-7.43%
98,426.96		0.00		98,426.96		1.99%		-5.59%
98,508.76		0.00		98,508.76		0.08%		-5.51%
99,213.76		0.00		99,213.76		0.72%		-4.84%
99,513.76		0.00		99,513.76		0.30%		-4.55%
98,314.76		0.00		98,314.76		-1.20%		-5.70%
101,014.76		0.00		101,014.76		2.75%		3.11%
104,616.48		0.00		104,616.48		3.57%		0.34%

First year of implementing the strategy is over. The portfolio performance improved a bit during the last two months and over a one year frame the result managed to break even.A disappointing start but it's acceptable considering this is largely still a beta based portfolio and STI index is down -1.5% for the same period.

The new portfolio consists the follow stocks:

 Holdings:

Stock Name Price bought Amount invested Unit cost price Quantity Baker Tech 0.31 10597.7 0.3117 34000 OUE SP Equity 3.07 9260.42 3.0868 3000 KGT SP Equity 1.1 11060.23 1.1060 10000 Straits tradings 3.38 10195.51 3.3985 3000 Nere Tel 0.78 10195.51 0.7843 13000 CSE Global 0.59 10678.14 0.5932 18000 CDL Trust 1.635 9863.71 1.6440 6000 UMS Holding 0.79 10326.22 0.7943 13000 NEW TOYO 0.315 10451.91 0.3167 33000 FEORCHARD 1.69 10195.51 1.6993 6000

Disclaimer: Please note that the information are provided for you by way of information only.  All the information, report and analysis were and should be taken as having been prepared for the purpose of general circulation and that none were made with regard to any specific investment objectives, financial situation and particular needs of any particular person who may receive the information, report or analysis (including yourself). Any recommendation or advice that may be expressed in or inferred from such information, reports or analysis therefore does not take into account and may not be suitable for your investment objectives, financial situation and particular needs

Momentum Strategy MAR 2014

For MAR 2014, the updated result is as follows:

Date		Top1		Top2		Top3		Total Equity		Monthly return		Total return
1/31/2012		CIE		REGN		MNST		19,330.50
2/29/2012		CIE		REGN		SOA		24,138.21		23.83%		20.81%
3/31/2012		CIE		REGN		AMLN		25,342.71		2.92%		26.84%
4/30/2012		CIE		REGN		AMLN		25948.91		2.44%		29.87%
5/31/2012		REGN		AMLN		MNST		24754.27		-5.24%		23.90%
6/30/2012		REGN		AMLN		CHSI		23520.91
7/2/2012		REGN		EXPE		CHSI		24421.45		-1.34%		22.23%
7/27/2012		REGN		EXPE		CTRX		24299.32386		-1.84%		21.62%
7/31/2012		REGN		EXPE		ALXN		26203.11		11.40%		31.15%
9/5/2012		REGN		EXPE		EQIX		26443.48		0.92%		32.35%
9/28/2012		REGN		EXPE		EQIX		27888.21		5.46%		39.58%
10/31/2012		REGN		EXPE		WLK		26507.62798		-4.95%		32.67%
11/30/2012		REGN		EXPE		VAC		29135.33875		9.91%		45.82%
12/31/2012		REGN		SSYS		WLK		28690.95875		-1.53%		43.60%
1/31/2013		GMCR		THC		NFLX		30097.76		4.90%		50.64%
2/28/2013		LNKD		THC		NFLX		32002.2662		6.33%		60.17%
3/28/2013		STRZA		THC		NFLX		34641.1162		8.25%		73.38%
4/30/2013		STRZA		VRTX		NFLX		36001.24		3.93%		80.19%
5/31/2013		GMCR		TSLA		NFLX		36675.11		1.87%		83.56%
6/28/2013		GMCR		TSLA		NFLX		37207.24		1.45%		86.22%
7/31/2013		GMCR		TSLA		NFLX		42644.22		14.61%		113.43%
8/31/2013		GMCR		TSLA		NFLX		50467.81		18.35%		152.59%
9/30/2013		NUS		TSLA		NFLX		52933.89		4.89%		164.93%
10/31/2013		NUS		TSLA		NFLX		52395.01		-1.02%		162.24%
11/29/2013		NUS		P		NFLX		52362.23		-0.06%		162.07%
12/31/2013		NUS		SCTY		NFLX		52583.89		0.42%		163.18%
1/31/2014		INCY		SCTY		TSLA		53134.19		1.05%		165.94%
2/28/2014		ILMN		SCTY		TSLA		61288.63		15.36%		206.75%
3/31/2014		ILMN		SCTY		TSLA		49487.42		-19.28%		147.68%

As we feared in our comments last month, the portfolio suffered a very large drawdown, which wipes out all the gains since August last year. Market seems to be dumping the momentum stocks, we don't feel optimistic next month either. Hang in there, and lets see how large the drawdown becomes before dust settles down.

Disclaimer: Please note that the information are provided for you by way of information only.  All the information, report and analysis were and should be taken as having been prepared for the purpose of general circulation and that none were made with regard to any specific investment objectives, financial situation and particular needs of any particular person who may receive the information, report or analysis (including yourself). Any recommendation or advice that may be expressed in or inferred from such information, reports or analysis therefore does not take into account and may not be suitable for your investment objectives, financial situation and particular needs