My H1 P/L performance for 2024
1. My H1 2024 P/L records and trading recap.
This year, apart from the popular $Fullerton SGD Cash Fund(SG9999005961.MF$ and $CSOP USD Money Market Fund(SGXZ96797238.MF$ I also explored $BGF World Financials Fund(LU1668664300.MF$ The fund mainly hold positions of US banks like Bank of America, Goldman Sachs, Wells Fargo and others. Banks have been doing really well during this period of high interest rate, hence I decided to give it a try. My returns were not too bad so it makes me very happy.
2. What was my most satisfying fund investment in H1?
It will be $Fullerton SGD Cash Fund(SG9999005961.MF$ because of Moomoo’s 6.8% promotion that took place 2 times! ![]()
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3. What is my outlook for the next quarter?
I will expect at least 1 rate cut which may happen anytime until Dec. In this case, I may take profits![]()
from $BGF World Financials Fund(LU1668664300.MF$ and even redeem from it and watch the market movement.
Will still continue to subscribe to $Fullerton SGD Cash Fund(SG9999005961.MF$ and look out for more promotions from Moomoo! ![]()
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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summer66 : wow... looks great. Any plans when Fed cuts rates?
sociable Dingo_8604 OP summer66 : Thank you! Maybe look into sg bond type funds since I do not hold much usd
summer66 sociable Dingo_8604 OP : what would happen to Fullerton funds? I'm concerned with market correction, which will likely affect BGF negatively
sociable Dingo_8604 OP summer66 : Cashplus funds will quite likely lower their yield returns which is expected when feds cut rate. But I believe will still perform well or even better compared to sg bank fixed deposits
summer66 sociable Dingo_8604 OP : so true, let's hope for the best. thanks
sociable Dingo_8604 OP summer66 : Yes
good luck!
74307332o summer66 : $Tether (USDT.CC)$
Paul Anthony Chin sociable Dingo_8604 OP : time to see you soon take time rest at home with this learn about your family and friends my heart today very much like this true for myself first and second give you the best person to the market for your wonderful family together with this tq God bless All you
Amen 
sociable Dingo_8604 OP Paul Anthony Chin : Thank you so much