Sometimes things are easier to understand if we are doing it - in this case, having bought some UTs several times and monitoring them, then just asking blank questions academically... as there are no incentives to answer things too correctly!

U need to bear with d situation as HNWS is asking question

well at least he asking some question even tho juz students.

others is enjoy PAPA MAMA money like water without thinking about investment stuff know how to enjoy life only

I think the term you're looking for is CAGR, compounded annual growth rate. It's the RoR, annualised, between the start and end dates. ie: RM100 growing to RM121 over 2 years is 10%, not 10.5%.

You can use the future value calculation

Vf = Vp(1+X)^n

Where
Vf = future value
Vp = present value
X = growth rate in decimal, and
n = number of years.

From eg: 121 = 100(1+0.1)^2

Hope this helps


Edit : forgot to mention this only takes into account dollar value, not number of units. Also it does not take into account any deposits and withdrawals, and in the case of UT, redemption, top ups and distributions.

This post has been edited by lukenn: May 3 2016, 12:43 AM

hmm, any sifu kindly explain how income distribution done in KGF?

Is the nav will drop accordingly?

yes

nay....my portfolio charting is beginning to looks like Alaska crabs...
don't believe?...just see the image
btw...m-o-m by wife's PM funds beat me by 1.3% ROI


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Haha... I didnt have so detail ROI and IRR. I didnt update my portfolio for the last 2 weeks already, no eye see...

Wow.. PM with 5.5% sc also can beat yours...

lol the image really

I think hers is much more diversified than mine.....
mine is very heavy on ah jib and I don't like Trump or merkel.

also she buy and hold, while i "FROGs" around for IRR.... which is against the conventional wisdom of investing of many Sifus.

did I regret it?...nyah....

This post has been edited by yklooi: May 3 2016, 08:59 PM


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North Asia include China? No Japan?

I am diversified like your wifey... But this year will focus on ahjib..

Your wifey UT investment decision on PM funds got influenced by you? Or she make he own choices which to buy, when to buy and when to sell?

HK, China, Korea, Japan, Taiwan.
I just influenced her once....told her to diversified.....that it is...

If you need more complex calculation for deposits/topups, withdrawals and distribution I find the easiest way is to use the XIRR formula in excel.

Just top up Evergreen fund and my PRS..

Crab is 1 of my favourite dish

Are you asking me, or are you telling me ?

IMHO, it really depends on
1. what hes trying to achieve/compare/benchmark
2. what data he has available.

XIRR is useful if hes calculating cash flows, in the case of UT, the timing of his purchases, redemptions, distributions ie : performance of the "investor".

However, if he only has a statement, and has made multiple purchases, but really wants to compare the performance of the "manager", irrespective of his purchases and redemptions, the TWRR calculation would be a better choice.

Alaskan crab very expensive neh

nice

Last month too busy with Cheng Beng that forgot to update. Below is my Main portfolio April performance based on 29/4/16 NAV

			Feb	Mar	Apr
Overall		IRR	5.23%	5.36%	6.81%
Top 3 Funds	% of Port
AmPrecious Metal	9.3%	IRR	54.14%	50.15%	74.73%
EI Small Caps	4.4%	IRR	20.11%	20.87%	19%
RHB Small Cap Opp	2.8%	IRR	8.2%	13.53%	8.62%
Bottom 3 Eq Funds	% Port
Manulife India	5.6%	ROI	-13.05%	-8.35%	-6.93%
TA Global Tech	3.9%	IRR	-0.58%	-1.83%	-7.08%
CIMB Asia Pac Dyn Income	2.6%	IRR	-9.67%	-9.34%	-9.81%

your IRR is still strong