The Alpha Picks portfolio has demonstrated remarkable performance in August, achieving an 11.4% month-on-month increase, far surpassing the STI’s 2.3% rise. This marks the second consecutive month of double-digit outperformance for the portfolio, which is managed by UOB Kay Hian. The portfolio’s success is attributed to its strategic focus on small- and mid-cap stocks, benefiting from structural growth themes and the Monetary Authority of Singapore’s S$5 billion Equity Market Development Programme.
In September, the portfolio will see the addition of BRC Asia and Yangzijiang Shipbuilding (YZJSGD), both expected to benefit from strong market dynamics. BRC Asia is poised to gain from increased infrastructure spending, whilst YZJSGD is buoyed by recent order wins and attractive valuations. Conversely, the portfolio will lock in gains by removing CapitaLand Integrated Commercial Trust, ComfortDelGro, and PropNex, following their recent price strengths.
The portfolio’s performance was driven by significant gains in stocks like PropNex, which rose 77.5% due to strong earnings and property market optimism. Hong Leong Asia and Marco Polo Marine also contributed with substantial increases of 56.7% and 22.4%, respectively. Despite some setbacks with Frencken and UMS due to tariff-related uncertainties, the overall portfolio remains robust.
Looking ahead, the portfolio continues to focus on high-conviction small- and mid-cap names with visible earnings drivers, maintaining its edge in the competitive market landscape.
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