mine broke even after so long.

Frankly i dunno. last time just give my mom manage (she agent). Now i managing it.
easily 6-7 years.

If you buy later stage when NAV has been constant at the range of 0.17xx to 0.19xx, you should be earning handsomely.

Are you referring to me? 

Nevermind, I have moved on ...

haha... i keep it since 2007, bought some in 2009 when it hit bottom, still keep it. may unload now.

The Rotational Play and Tweaking the IRR (Internal Rate of Return)

This is what I have been doing to my portfolio of funds, which is a matured portfolio – meaning there is hardly any fresh money added into it.

It swings back and forth from 20% to 80% in equities.

When it was at 20%, last year, I started buying and buying (actually doing switching) into equities – mostly local funds, and the Aust and Sing funds when their index was below their 200 days moving average. So last year’s IRR was very low... which was expected, since the percentage of equity funds was below 50% for most of the year, and also because KLCI went down in the 2nd half of 2014.

This year it’s selling, selling, selling... it’s down to 30%, maybe will be down to 20% next week.

Got out of the Aust fund in February when its index hit its current peak. Since then, the index is moving sideways... on the good days, there would be some gains if I stayed in, on the bad days, there would be some negative growth. Currently after 2 months, it would be negative growth if I had stayed in. And this is not including the small gains made in the money-market fund which it was switched into.

(Imagine the gains that could be have if it was switched into a China fund then! Yeah, wishful thinking... don’t envy and expect high growth when the investment strategy is a conservative one.)

As for the local funds, some were still in the red at the beginning of the year, since some of the buys were at the upper part of the index.  So when the KLCI started to rebound and every buys were positive, started to trim and take profit... switching out those positive buys with the lowest CAGR (compounded annual growth rate). Such that the archived tab of switched out funds (in the Excel file) is looking good with positive ROI (returns on investment).

By ridding off those buys with the lowest CAGR, the IRR of the current funds in the main tab will also be nudged higher. 

P.S. When to take profits? First, determine the YTD growth you wish to have. Then trim the equities when this YTD growth is reached. To aid monitoring this growth rate, I calculate the growth rate that it could be at 31st Dec if the total portfolio amount is all in money-market funds now.

That's the intention... portfolio will be transfer to the next of kin, and onwards to the next next of kin. They don't have to worry on how to manage or how to invest the funds as it is already set up in a portfolio giving annual cash distributions.

The investment platforms, if I'm not mistake, have only 're-invest' option in the income distributions. Then it is not truly 'auto' as we need to re-purchase units to have some income.

(Of course, every sen I have is not in the portfolio... and it won't be.  )

Since the day I joined this forum... the recent 2nd portfolio using EPF money was a practical, real-time, trial run testing some ideas and methods.

Thankfully the IRR is improving every year... but can't really tell whether it is fortunate timing of the buys or the methods employed. I think it is the combination of both. Anyway, methods can bring in lady luck.

And the method is simple... once you understands that any control over any investment is when you buy it.

Whether it is gold or property, you can only control the buying price. Same as in unit trusts... you can hardly influence how the selling price will be.

In unit trusts, you can easily set-up a series of buys over a long period of time. And improve on the buys by selling those 'poor' buys while keeping those 'good' buys... eventually building up a good portfolio of funds with reasonable expected returns.

Cheers.

Still don't know what the bs I'm talking about?    Okay, will explain a bit further...

If you were following some of the posts I've done in this thread, we have gone from dishing volatile and aggressive funds, to selecting conservative and consistent funds that we can have 'faith' in, to stages of investors profile - namely the beginning accumulative stage and the matured nest egg stage.

The 'series of buys' is in the same fund (which we have already narrowed down and selected beforehand).

The future is not foreseeable... we don't know whether the market will be going up or going down next month or in the near future... but we can be optimistic that the regional and global economic will grow no matter how many crisis it faced, and each and every crisis will passed; unlike a pessimistic viewpoint of a doomsday scenario with no hope of recovery.

So we buy, buy, and buy in the same fund... we can do a bit of timing whenever it is possible, but some of it will turn out to be bad timing - ie buying at high price.

At the beginning accumulative stage, we can ignore those 'poor' buys because every buys will averaged out each other, and we keep buying and keep investing our savings. (This is the stage of 100% in equities... which was also recommended by Paul Merriman - read the MarketWatch articles.)

But since the portfolio is already at nest egg size stage, and no more new money rolling in, the money inside the portfolio is now being rotated again and again looking for better and better 'buys' and higher and higher IRR... I want to grow it a bit further without taking too much risk. 

The portfolio is actually not at its final stage yet. The final stage, I envisioned, will be something of a 60/40 equity/bond ratio, with most of the equities in conservative, less volatile, dividend/income funds. It will then be permanent and fixed, maybe without any annual balancing at all.

Cheers.

P.S. You will not get a straight answer what's the actual IIR% I'm having. As said, "... don’t envy and expect high growth when the investment strategy is a conservative one." 

Public Mutual declares distributions for six unit trust funds
http://www.theedgemarkets.com/my/article/p...nit-trust-funds

don't want to open new PM thread David83?

nah I'm lazy to be TS for important thread