Performance:
HDFIV is at the moment outperforming KLCI by 8.50% (30 Sept 08: 8.90%) at a loss of 24.32% (30 Sept 08: 14.54%) while KLCI suffered a loss of 32.82% (30 Sept 08: 23.44%). There was a dip in terms of performance during the month - bringing down our performance below KLCI's as IOI and Lion Industries had a major dip. Both stocks recovered and we are back on track in terms of outperforming KLCI.
Portfolio:
With our short term trading stratety, we have managed to reduce our cost per share in Lion Industries Berhad from RM1.391 to RM1.160 (19% decrease). We have also added Genting Berhad into our portfolio.
Asset Allocation:
21% cash available for short term trading and continuous cost averaging down.
