The final contents of the Model Portfolio for July 2008 were:
$61,820.48 USD in the Doppler Treasury Money Market Fund
$80,120.85 HKD in the Hong Kong Dollar CD ($10,267.43 USD)
2 shares of BRKB ($7658.00 USD)
222 shares of DFJ ($9463.86 USD)
103 shares of FXY ($9519.26 USD)
The total value of the Model Portfolio at the end of July 2008 was $98,729.03 USD.
The 1-month Treasury Bill yielded an average of 1.604% in July 2008, and the 3-month Treasury Bill yielded an average of 1.764% in May 2008. The average of these figures is 1.684%, and subtracting .3% gives us 1.384% as the yield on the Doppler Treasury Money Market Fund for August 2008. The credited balance was $61,820.48 USD every day of the month, so the accrued interest was $72.67 USD (around $2.34 USD/day). The final cash balance for August 2008 was $61,893.15 USD.
On Friday, August 15th, the Everbank Hong Kong Dollar CD was rolled over into a new CD that matures on Friday, November 14th, with the yield unchanged at 1.00%. From August 1st-14th, an additional $30.67 HKD (about $2.19 HKD/day) of interest accrued. Since we ended July 2008 with $170.85 HKD in accrued interest, the total accrued interest for the term of the old CD was $201.52 HKD. Adding this to the already credited balance of $79950.00 HKD brings us a new credited balance of $80,151.52 HKD to roll over into the new CD and resets the accrued interest to $0.00 HKD. From August 15th-31st, $37.33 HKD of interest accrued (roughly $2.20 HKD/day). This brings the total balance in the Hong Kong Dollar CD at the end of August 2008 to $80.188.85 HKD. At an exchange rate of 7.80720 HKD/USD, this is the equivalent of $10,271.14 USD.
At the end of August 2008, the 2 shares of BRKB had a market value of $7804.00 USD, the 222 shares of DFJ had a market value of $9031.85 USD, and the 103 shares of FXY had a market value of $9439.95 USD.
The final contents of the Doppler Model Portfolio for August 2008 were:
$61,893.15 USD in the Doppler Treasury Money Market Fund
$80.188.85 HKD in the Everbank Hong Kong Dollar CD ($10,271.14 USD)
2 shares of BRKB ($7804.00 USD)
222 shares of DFJ ($9031.85 USD)
103 shares of FXY ($9439.95 USD)
The total market value of the Doppler Model Portfolio at the end of August 2008 was $98,440.09, a drop of .3% from the market value of $98,729.03 USD at the start of the month.
