hey guys, need your two cents here so i'm not blindly running into the woods.

i think i found a way to get a live update of the rough performance of our mutual funds via our investing apps (i'm using investing.com). i just add the corresponding indices into my watchlist and i get to view the price change live, almost like looking at a share price.

my indices as below:

- Manulife Investment Asia-Pacific REIT: FTSE EPRA/NAREIT Developed Asia Index
- Principal Greater China Equity Fund: FTSE Greater China Index
- TA Global Technology: Dow Jones Global Technology Index
- United ASEAN Discovery: FTSE ASEAN All Share
- United Global Quality Equity: FTSE World

Morningstar did provide the exact index which they use to compare each of the funds to. However, some of them will either update only once a day or update very late (coz they follow LSE or NYSE). These ones i find update during our timezone. i find that FTSE seems to be the better index.

Am i approaching this correctly?

I do understand that the index is not 100% representative of our mutual fund performance, i.e. index could go up 1% but our mutual fund only goes up 0.8% but at least i know whether it's "up a lot" or "up a bit". and it's live 

if in a 10 yrs IRR track,....if an investment for the the last 8 calendar years had been giving only 3% ROI pa, but only 2 yrs giving 12% each in the early year,.... the IRR value would look nice,....
if you just looked at the IRR it show better than 5%, but if you looked at the calendar year ROI, you will noticed 12, 12, 3, 3, 3, 3, 3, 3, 3, 3, 3, 3 ......

This is what Asia’s stock investors are betting on in 2021

(Jan 5): After narrowly beating their US peers for the first time in three years in 2020, Asian stocks could see another strong year, analysts say.

Asia’s outperformance is seen continuing in 2021, with cyclicals expected to catch up to technology stocks as optimism over vaccine rollouts grows. Analysts on average predict that the MSCI Asia Pacific Index will rise about 8% over the next 12 months, versus an estimated 7% gain for the S&P 500 Index, Bloomberg surveys show.'

1. Green is good
2. It is really value’s turn
3. Tech is still your friend
4. Dividend drought should end
5. China deleveraging is back

https://www.theedgemarkets.com/article/what...re-betting-2021

Wait do we now have to write disclaimer ? When posting here?

its unknown actually. sometimes fsm will skip the holiday price n go directly to the following days price. coz remember at that same day, they will usually first update the nav prior to the holiday. let giv u an example.

market open - 26th
market open - 27th
thaipusam is - 28th
market open - 29th

fsm open on 29th n they start updating all those 26th nav to 27th nav
if follow your logic they suppose to be updating 28th nav for some funds right? but not really...

so far from all the fund i tracked only 1 fund actually updated to 28th price, which is united healthcare. others all updated to 27th.

so i suspect the same issue will happened on 2nd feb. fsm will start update all the nav from 27th to 29th instead of 1st (for those fund that opened on that day)

U probably not far off from your description

There is actually literally a bunch of accountants daily calculating the nav at the end of business day.

Thank you for those who took the time to share their input and thoughts.

Kudos to FSM, I actually got a reply from their Facebook page:

Please be informed that it is Malaysia Public Holiday on 1 Feb, hence when you buy on Monday, it will capture next business days NAV.