組合回顧
組合昨晚止蝕了TMO 及 止賺了SHW。兩者最新季績純利增長都是個位數，難以支撐27~28倍PE，因此決定同時沽出。組合重新買回數月前沽出的Waste Management 及 Atmos Energy Corp (NYSE: ATO)。近日策略應以防守為上。因此在換碼時加大公用防守股的比例。ATO屬S&P 500、Russell 1000、Russell 3000指數成份股之一。ATO從事政府管制及非管制天然氣分銷、存儲及運輸，服務對象為住宅、商用、公用及工業客戶。
組合回報目前與Nasdaq Composite Index相若。
| 組合長倉持股(截至31-01-2020) | 比重 |
| 北美指數追蹤基金mpf (截至28-01-2020) | 11.17% |
| ETF: | |
| SPDR Dow Jones Industrial Average ETF Trust | 9.55% |
| SPDR S&P 500 ETF Trust | 9.71% |
| Invesco QQQ Trust | 17.65% |
| Vanguard Information Technology ETF | 22.98% |
| 科網軟件雲端: | |
| Microsoft Corp | 3.91% |
| Alphabet Cl C | 1.27% |
| Adobe | 1.86% |
| Ansys Inc | 2.44% |
| 電子計算機: | |
| Apple | 2.26% |
| 半導體: | |
| ASML Holding NV | 1.54% |
| Taiwan Semiconductor Manufacturing Company Ltd | 1.94% |
| 電子支付: | |
| Mastercard Incorporated | 4.24% |
| 信用評級: | |
| S&P Global | 1.57% |
| 銀行: | |
| JP Morgan Chase & Co | 0.59% |
| 影視娛樂: | |
| Walt Disney Company | 1.80% |
| (Consumer Staples)化妝品: | |
| Estée Lauder Companies | 0.69% |
| 電子儀器及機電: | |
| Ametek Inc | 1.64% |
| 悠閒康樂: | |
| Pool Corporation | 1.76% |
| 醫療設備: | |
| Becton Dickinson and Company | 0.73% |
| 航天國防: | |
| Lockheed Martin Corporation | 1.90% |
| Transdigm Group Incorporated | 2.28% |
| Teledyne Technologies | 1.63% |
| 垃圾處理: | |
| Waste Management | 2.14% |
| Republic Services | 2.67% |
| 電力公用: | |
| Nextera Energy | 2.35% |
| 天然氣分銷運輸公用: | |
| Atmos Energy Corp | 1.43% |
| 現金+人壽儲蓄保險 | 6.06% |
| 總倉位 | 119.76% |
| 淨倉位(長-短-現金) | 113.70% |
| 組合YTD(未計股價已除淨但未到派息日的股息) | 3.61% |
| 恆指YTD(截至31-01-2020) | -6.66% |
| 道指YTD | 1.12% |
| 標普500YTD | 1.64% |
| 納指YTD | 3.64% |
