May be worth having a look at this asset class now - from Howard Marks memo

 

Howard Marks is a veteran investor and co-chairman of Oaktree Capital Management. He published his memo about his observations and thoughts on the market, and they are widely read by many investors, including Warren Buffet. In his recent memo and interviews, he mentioned that the credit market offers a better deal now than equities. After some research, I found these 2 Etfs, one is listed in the Singapore Stock Exchange and one listed in London Stock Exchange, so that investors will not be subjected to the 30% tax. 

I added these over the last few weeks of market volatility

It was a roller coaster ride the last few weeks with major indices crashing into the Bear market zone. If you have read my previous blog here, you will know that the 2nd tranche of warchest will be deployed into the index etf due to the market condition then. The approach is mechanical, we are not economist, dont need to know reason why market dropped, just need to know if market has presented a value at any time. In a volatile market like now, one does not have to worry too much if you have done your proper asset allocation as in the post here.

Apart from the index etf, I have also invested some bullets into the Singapore market. Most of the value investors have waited long as the market(except for Reits) was expensive then. And this is what I bought.