My Unit Trust Asset Allocation

Dear all,

After nearly one year, I guess it is time for another summary on my unit trust asset allocation. You can refer to my previous one at the link below:

https://ghchua.blogspot.com/2025/09/my-unit-trust-asset-allocation.html

For asset classes, I have done nothing much other than consistently adding onto the list of unit trusts that I had been holding for CPF Investments. I have been a bit more aggressive for the past one year, adding onto my Global, Asia Pacific Excluding Japan and Emerging Markets equity funds on market corrections. Having said that, I have been adding onto my short duration bond fixed income fund too. This had resulted in a slightly increased equity allocation to above 80%. For balanced funds, I have continued to add onto them using CPF-SA monies.

For geographic exposure, Emerging Markets, Japan, Singapore, Taiwan and Korea funds were the out performers in the portfolio. Asia Pacific Excluding Japan and Asia excluding Japan funds also did well. Laggards include single country equity funds with exposure to India and Indonesia.

Going forward, my strategy is to add onto existing funds, while continue to maintain a more defensive positioning in terms of asset allocation. I would not commit into adding more to equity or fixed income funds, as expectations on higher interest rate might continue to pressure fixed income funds, especially on the longer end. The key is still to keep fixed income duration exposure short, which means I will still be looking at short duration bond fixed income funds. For equity funds, the key is to avoid concentration risk which means looking at regional and/or global equity instead of single country funds.

Asset Class

Equity 81.00%

Balanced 12.64%

Fixed Income 6.36%

Geographic

Global 18.36%

Asia Pacific Excluding Japan 14.97%

Emerging Markets 14.78%

Japan 12.63%

Singapore 8.93%

US 7.58%

Asia excluding Japan 6.19%

Taiwan 5.41%

Europe including UK 2.78%

Korea 2.75%

Thailand 1.68%

India 1.49%

Malaysia 1.25%

Indonesia 1.20%

Welcome comments (if any) on my unit trust asset allocation.