Strategically added at $0 cost during the day when STI broke below 2400 with SRS account.
Mapletreelog Trust is not the first time that I've invested in. In fact in 2015 it was one of the stock in the Strategic section of the Investment Portfolio which was divested in 2019.
This time round Mapletreelog Trust just replaced FrasersCom Trust in the SRS portfolio. Not going to include Mapletreelog Trust in the Investment Portfolio again for strategic reason. To be exact is part of the new strategy that I'm going to try out.
So why not FrasersCom Trust again ? FrasersCom Trust going to merge with Frasers Logistic and Industrial Trust thereby creating a new trust having similar assets as Mapletreelog Trust. Comparing the sponsor behind the 2 -- Mapletree Investment and Frasers Property, I would term Mapletreelog Trust having a stronger sponsor.
For the previous FrasersCom Trust an eventual holding price of $0.8230/unit was incurred due to cost arise from broker's commission, SGX fee and Agent bank's charge for each transaction. This time round with Mapletreelog Trust, it has so far gone on to a good start with $0 cost being incurred. While it is a challenge to maintain at $0 cost till the next divestment, it is also one the objective I hope to achieve for round 2 for this type of strategic investment.
For this round, the speed of accumulating is also another objective. In previous round, it took me 4 years (2015 - 2019) to only manage to get like 20%+ of an intended quantity, it will have to be better this time round.
Mapletreelog Trust is not the first time that I've invested in. In fact in 2015 it was one of the stock in the Strategic section of the Investment Portfolio which was divested in 2019.
This time round Mapletreelog Trust just replaced FrasersCom Trust in the SRS portfolio. Not going to include Mapletreelog Trust in the Investment Portfolio again for strategic reason. To be exact is part of the new strategy that I'm going to try out.
So why not FrasersCom Trust again ? FrasersCom Trust going to merge with Frasers Logistic and Industrial Trust thereby creating a new trust having similar assets as Mapletreelog Trust. Comparing the sponsor behind the 2 -- Mapletree Investment and Frasers Property, I would term Mapletreelog Trust having a stronger sponsor.
For the previous FrasersCom Trust an eventual holding price of $0.8230/unit was incurred due to cost arise from broker's commission, SGX fee and Agent bank's charge for each transaction. This time round with Mapletreelog Trust, it has so far gone on to a good start with $0 cost being incurred. While it is a challenge to maintain at $0 cost till the next divestment, it is also one the objective I hope to achieve for round 2 for this type of strategic investment.
For this round, the speed of accumulating is also another objective. In previous round, it took me 4 years (2015 - 2019) to only manage to get like 20%+ of an intended quantity, it will have to be better this time round.
