Sep 2018 Fund Update

Date	31-Jan-18	28-Feb-18	31-Mar-18	30-Apr-18	27-May-18	29-Jun-18
Shalom fund (inclusive of inflow/outflow)	$529,020	$588,708	$594,860	$630,572	$626,135	$652,242
Fund inflow	$0	$3,000	$5,000	$2,500	$2,500	$2,000
Fund outflow	$0	$0	$0	$0	$0	$0
Shalom fund YTD return (%)			10.80%	17.12%	15.83%	20.29%
STI YTD return (%)			0.70%	6.08%	3.14%	-4.05%
Fund performance vs STI Index			Outperform 10.1%	Outperform 11.02%	Outperform 12.69%	Outperform 24.34%
Date	25-Jul-18	31-Aug-18	26-Sep-18
Shalom fund (inclusive of inflow/outflow)	$659,472	$615,841	$571,472
Fund inflow	$2,000	$2,000	$2,000
Fund outflow	$0	$0	$80,000
Shalom fund YTD return (%)	21.26%	12.87%	19.65%
STI YTD return (%)	-2.35%	-5.67%	-4.90%
Fund performance vs STI Index	Outperform 23.61%	Outperform 18.54%	Outperform 24.55%
Fund ownership (%)	31-Jan-18	28-Feb-18	31-Mar-18	30-Apr-18	27-May-18	29-Jun-18
Investor MC2808	31.107%	30.946%	30.687%	30.565%	30.443%	30.350%
Investor CH1506	61.276%	60.961%	60.450%	60.211%	59.970%	59.786%
Investor JT1507	6.153%	6.122%	6.071%	6.047%	6.022%	6.004%
Investor RL1207	1.464%	1.971%	2.792%	3.177%	3.564%	3.860%
Total	100.000%	100.000%	100.000%	100.000%	100.000%	100.000%
Fund ownership (%)	25-Jul-18	31-Aug-18	26-Sep-18
Investor MC2808	30.258%	30.160%	34.454%
Investor CH1506	59.605%	59.411%	53.282%
Investor JT1507	5.986%	5.966%	6.816%
Investor RL1207	4.151%	4.463%	5.448%
Total	100.000%	100.000%	100.000%

Quarterly performance

	Q1 2018	Q2 2018	Q3 2018
Return	10.80%	8.44%	-0.53%

Summary
Shalom fund return a year to date performance of 19.65% while STI year to date return is -4.90%. Shalom fund outperform the benchmark STI index by 24.55% year to date.
Special note: 80K SGD withdrawal of a key investor this month.

Breakdown of the fund
75% on index trading
25% on precious metal trading