i think,
this IRR value is the value of your actions taken....not the performance of the mgmt port
for it is you that place the amount of money and "timing" of placing it.
your timing of placing it could be at the right or wrong time...thus impact the IRR value
your amount of money placed could also impact the IRR value.

money if placed (if large enough), especially if less than 12 months could adversely impact the IRR value, especially if there is a sharp correction or rally after placing the money...
like for example, if you had just place another >40% of that money in the mgmt portfolio right after March this year...the IRR will be very nice

well, that is what i think,....what do you think?
i am sure you have the IRR tables for your investment....mind playing around and let me know the results?

To be more precise, shouldn't u use XIRR?

i do track my portfolio's IRR initially and till now also.
but now i don't really monitor it,...as the longer the time frame in investment, the IRR value does not impact much with the movement of the mkts.

also since i am DIY from noob status....
i portfolio compositions swinged heavily between funds and sector and classes during the initial few year.
if i had swinged them correctly during those early years, my portfolio's IRR could be very nice.
the problem is i did not swing it correctly to what the markets had performed  

thus if i had to take into the early years of learning curves,...my IRR reading is very low.

as i learned more, i realised i should not focused too much about the IRR value (from start till now), as that reading would have taken into consideration of my earlier DIY learning curves screw ups returns too.

now, i try to focus more to the ROI per calender year for the risk appetite that i want and the expected ROI pa i expected to get....not sure if that is correct.

I think the major lessons to be,
1. Past performance is no guarantee of future results (Malaysia bull run for around 10 years during KGF glory days, US also bull run for around 10 years ago from now, which is why I saw many people heavy or interested on US stocks / ETFs due to past performance).
2. Diversified (unless you want greater risk and greater reward, diversify into different regions might helped you if certain region underperformed).

Satu minggu bola dah kecut...

Wanna play daily swing? UTF is the wrong game. Main direct lah friend. Somemore, foreign mkt can play short & long.

Is like a someone wants to fight MMA style but entered into a Tai Chi push hand competition instead.

Xuzen

if you use IRR to compare your DIY UT portfolio investment returns with the returns of other investment vehicles such as FD rate, EPF returns, ASNB fund returns, property rental returns etc which is more annualised in....
you are comparing YOUR own performance in selection and % of allocation for your UT portfolio against the performance FD rate, EPF returns, ASNB fund returns,
and this own performance is your own only, for one should not compare with others too as the composition of asset in a portfolio can varies alot

unless you are comparing individual fund(s) with the returns of other investment vehicles such as FD rate, EPF returns, ASNB fund returns, property rental returns etc which is more annualised in.....then one can see which is "better.".....
and this "better" is also part of the story; for

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% 4%, but if you looked at the calendar year ROI, you will noticed 12, 12, 3, 3, 3, 3, 3, 3, 3, 3,  (total 48)......
will you take this one or another one that has this  1, 2, 3, 3, 4, 5, 6, 7, 8, 9, (total 48), thus same IRR value but if one did not capture and monitor the YoY value, one will no notice that 1 has been stagnant for 8 yrs while the other one is having continuous improvement

and also do take into consideration, the value of IRR does not change much in relation to the returns if the tracking years is long (like > 10 yrs) and the poor returns is short (like 1 or 2 yrs),...IRR smoothen the volatility...

thus i am now using YoY (ROI per calendar year) to see how my own DIY portfolio performed with my target returns for that year.
for i may shift my port allocation and asset composition to suit my risk appetite when the time come be it due to market sentiments or sudden market event during the year.....
and these shifting of my port composition and allocation is only reflecting own performance for that particular year .

in the end,...if my DIY portfolio ROI or IRR is 5% and yours is 10%,....
it just shows that you have a 10%  and i have a 5% returns for our portfolio selected
it does not shows what is inside the composition in my port or your port.
if one is too focused in trying to get a higher numbers, one may have lost their focus in allocating a portfolio that is suitable to their risk appetite and risk capacity too.

I have Principal Asia Pacific Dynamic Income Fund and its ROI is 14% since 2017.
Not a star performer but recoup early of this year losses I believe.

  Mine is 26.87% since 2017 as well. Entered back in April. Quite a difference there...

Switched KGF to KGOF but still holding on to Eastspring Investment Small Cap and Principal Asia Pacific Dynamic Income Fund.
They are both still looking good to me ... steady ... so why the not so goldy anymore statement ya?
I still have Asnita and Nomura as well, haha ....

Isn't KGOF and Eastspring Investment Small Cap are investing in the same small cap space?

If you follow Principal funds closely, actually Principal has changed Principal Asia Pacific Dynamic Income Fund mandate to become less aggressive by introducing Principal Asia Pacific Dynamic Growth Fund.
Therefore, you may want to lower the expecation for Principal Asia Pacific Dynamic Income Fund as it has now becomes like a dividend fund instead of growth fund whereby it pays out distribution almost every quarter.

Correct me if I'm wrong.

The large fund size could be also due to the fact this fund is a feeder fund for its PRS fund: Principal PRS Plus Asia Pacific Ex Japan Equity

Principal PRS Plus Asia Pacific Ex Japan Equity has 3 classes.

Principal PRS Plus Asia Pacific Ex Japan Equity is not shahriah compliant according to FSM Fund Info page.
https://www.fundsupermart.com.my/fsmone/fun...-Equity-Class-C

Well, before Principal Asia Pacific Dynamic Income Fund becomes feeder fund for its PRS fund, the fund size was already exceeded RM 1 bil.
It is a very big size fund to begin with.
I won't bother much about the finer details.

If you're looking for growth centric, perhaps you should consider Principal Asia Pacific Dynamic Growth Fund.

Another point, since it has become part of the PRS portfolio/offering, the fund manager could take a less aggressive stance (just decent return of sustaining 8% pa benchmark).

1 week late. But your question intriguing...

KGF 4.4% IRR since oct 2014. It was negative in march 2020, or close to negative.
EI small cap IRR 6.3% since dec 2016
Dynamic AP IRR >8% since 2014. About the same return for both prs version and mother fund version.

Your question got me thinking i should sell off KGF. 4.4%. I can do it with less risk. Sighhhhh.

So, you're going to target relatively young funds to invest? 

I have not made much new investment. Only DCA small cap, 200 per month and 3k a year for prs cimb ap version. Mother fund stopped basically. KGF lacklustre performance has discourage me from new money.

I somehow agree with you, the bigger they get, the slower they are. By slow i mean low return. It could be own observation bias.

But i somehow feel cimb ap is not the case... No doubt the return is influence by weakness of myr but the return has still been better than my local funds. 8% truly satisfied. Keeps my entire portfolio up at 6%, weigh down by KGF. Maybe at the right time. I will let go of KGF in the near future. Just not sure where to invest next.

Regret not going for more china exposure. Haha.

Not just the upfront sales fees

Sales charge 1.5% vs USD 1.50
Recurring Annual Mgmt Fee 1.8% (no double charge but still...) vs. Expense Ratio 0.75%
Minimum Initial investment 5k++ vs. as low as 1 unit (market price today @ 127usd)

Seriously if the fund is listed as Active-ETF on stock exchange, just go for it directly rather than feeder funds via unit trusts

Thanks keenauto!

ironman16 here you go. Basically just open foreign brokerage to buy oversea listed stocks / ETF. Personally I'm holding a few different ETF's from NYSE, LSE, and HKEX exchanges respectively.

Step-by-step to getting started via TradeStation Global (Interactive Brokers)

There's a few type of ETF.

"Accumulating" basically reinvest at fund level without even requiring actions on your brokerage.
While "Distributing" will distribute dividends to you.

At brokerage side, some provides "auto reinvest" feature like trading212 / ibkr tsg. But with tsg(ibkr) you don't have access to fractional shares so I don't think it'll be worthwhile, given that you're charged min 1.5usd for commission.

Better off choosing accumulating funds if possible, else just keep in your cash account and use in your next larger trades.

I remembered economist said same thing for 2020 too at the end of 2019, then wham covid! Such is the nature of a black swan event..