Portfolio Update Q1 2026

Q1 2026 was anything but smooth sailing, with the outbreak of war in Iran throwing global supply chains into chaos and spiking energy prices. Our portfolio posted returns of +1.09% in Q1 2026, underperforming the STI which posted returns of +5.15%. 

I attribute this underperformance to the general price decline of REITs over the past two months, as well as some purchases of DBS around the 57-58 price range.

When the unit prices of our holdings are volatile, a constant stream of dividend cash flow serves as a great shock absorber. Dividend cash keeps coming in, and we can use this cash to build more dividend income streams. 



New Satellite Portfolio: STI ETFs

While my main portfolio is custodized on Moomoo, I decided to expand our strategy from Q1 2026 onwards. I have started a new Dollar-Cost Averaging (DCA) strategy into the Straits Times Index (STI) ETFs, specifically the SPDR STI ETF (ES3) and the Nikko AM STI ETF (G3B). 

To execute this, I have opened a new account with IG Markets. IG Markets is currently running a highly aggressive customer acquisition promotion, offering a guaranteed 3% interest on shares held (up to S$50,000 NAV) alongside a welcome bonus of S$188 and virtually zero platform fees. IG Markets is giving me a brand new way to optimize my capital efficiency.  There are no referrals and I am just sharing what I think is a generous and accessible welcome reward. 

We are stacking the inherent 3.5% dividend yield of the STI on top of a 3% promotional interest rate from IG Markets, to give ourselves an effective 6.5% yield for holding up to S$50,000 worth in the index funds. 

This satellite also plays an important role in our overall investing strategy. This ensures that we capture the self-cleansing, total-return mechanics of the broader Singapore market to complement our focused dividend stock-picking. 

I will continue the DCA strategy into these ETFs on IG Markets until we reach S$50,000 NAV, or until the promotional 3% interest ends. I have yet to decide if I will keep holding on to the ETFs for the long term, or if I will liquidate the portfolio and find a better use of capital elsewhere. 

Q1 Dividends Received and Upcoming Dividends

StatusDateStock / REIT
Received16 Feb 2026Kimly
Received25 Feb 2026SGX
Received2 Mar 2026Suntec REIT
Received11 Mar 2026ParkwayLife REIT
Received13 Mar 2026Mapletree Industrial Trust
Received19 Mar 2026Mapletree Logistics Trust
Received20 Mar 2026Keppel DC REIT
Received25 Mar 2026CapitaLand Integrated Commercial Trust
Received27 Mar 2026AIMS APAC REIT
Upcoming6 Apr 2026Riverstone
Upcoming17 Apr 2026DBS
Upcoming8 May 2026OCBC
Upcoming8 May 2026UOB
Upcoming13 May 2026ComfortDelGro
Upcoming14 May 2026CapitaLand Investment
Upcoming15 May 2026Sembcorp
Upcoming19 May 2026YKGI
UpcomingLate May (TBC)Genting Singapore

While the geopolitical headlines out of the Middle East are grim, we can still do our best to ensure our personal balance sheets remain robust. Volatility is a small price to pay for long-term wealth creation. All Huat!!

Comments