While on the road in the US, I made two additions to the portfolio:
1. I brought into the current market rally last week by adding to my position in the HK Tracker fund at HK$13.80 per unit;
2. I rolled over a maturing USD/NZD FX contract at NZD1.00 = USD0.5765 for one month. The notional annualised yield is 24%. The previous contract was profitable, but given the rise in the NZD during the life of the contract, I would have been better off simply buying the NZD outright.
I still hold a very conservative 3.5 years of living expenses in cash (not including the money tied up in FX or equity linked deposits).