iShares Asia High Yield Bond Index

Today, I have initiated a new long position with the iShares Asia High Yield Bond Index (QL3 on DBS Vickers).

Multiple reason to enter this ETF:

- differentiate my porfolio with an ETF (before this investment my porfolio was exclusively based on stocks)

- attractive yield, at the moment this ETF offers ~7.6% yield

- quarterly distribution in Mar, Jun, Sep, Dec make my cashflow more steady (http://sg.ishares.com/product_info/fund/distributions/SGX/O9P.htm)

- denominated in Singapore Dollars to reduce the currency variability

At the moment seems like a good investment given that the stock market is very high and it is very tough to find any stocks yielding at more than 7/8%.

Will wait for the first dividend in March and will decide if and how to continue with this ETF.

Cache Logistics & Mapletree Logistics

Today I just entered two long positions on Cache Logistics and Mapletree Logistics.

Both the stocks offer:
- good analyst recommendations (significant proportion of buy/strong buy)
- good dividend yield ~7% dividend
- quarterly paid dividend, excellent for my expected cashflow

For  Cache Logistics, the distinctive factor that influenced me is the very positive management results (take a look at the latest analyst presentations on their website http://www.cache-reit.com/), I really like their strategy focused on creating a sustainable stream of dividends for their stakeholders.

For Maplertee Logistics, it is a nice addition to my porfolio, since I already bought 10k at 0.97 so I feel event if the price is a bit high at the moment the weighted cost is still reasonable.

To me the real alternative at the moment is AIMS, but I do not want to overweight my portfolio of this stock at the moment. I still have some cash to spare in my warchest and I am planning to look at some alternative mean of investment. At the moment, I am getting quite interested iShares Barclays Capital USD Asia High Yield Bond Index ETF, I will spend some more time researching and eventually I will start a long term position with it while waiting for some corrections that will make other stocks attractive.