Q3/2015 Report

This quarter was full of market turbulence: worries about China slowing down, FED hiking the interest rates, commodities taking a beating. Market value of the portfolio decreased by 6.81 percent during this quarter. Compared to the Q3 last year, there was significant increase in the dividends received. Compared to the previous quarter though, there was a slight decrease. This is largely explained by the fact that BBL paid a dividend of 74,40 USD during Q2 but not in Q3 (they useĀ a semi-annual dividend policy). Considering this, the overall performance was satisfactory.

Passive income during Q2 (before taxes) was as follows:

375,96 USD compared to 173,89 USD for Q3/2014 and 333,63 USD in Q2/2015.

Update: Removed false information since BBL paid during Q3 after all. Transaction didn’t show in my brokerage account until today.