Tafi sold.

For the second time, Tafi was sold from my value-stocks portfolio. The first time I sold Tafi was during Nov-2008, then I bought it back in early December.

Here's the summary for these investments in Tafi.

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1st investment。

• bought 3000 units at 39 sen in Mar-2008.
• received dividend of 1.5 sen per share (less tax 26%).
• sold all at 43 sen in Nov-2008.

Total return is 10.5% for a period of nearly 9 months. Annualized return rate is about 14% p.a.

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2nd investment.

• bought 3000 units at 32 sen in Dec-2009.
• received dividend of 0.75 sen per share (less tax 25%).
• sold all at 40 sen in Oct-2009.

Total return is 23.5% for a period of 10 months. Annualized return rate is about 28% p.a.

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Conclusion.

Taking the average of these two investments, the return rate I get from Tafi had just achieved the minimum requirement of my value-stocks portfolio, i.e. 20% p.a.

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