sales charges....which you can see and feel... are charged by the seller/intermediaries....
the annual charges and many other charges ..... are charged by the fund houses....these charges are pro rated charged and incurred in the daily NAVs calculation....which you does not see or feel....the published NAV prices are net of these 'unseen" charges

yup...actually up almost 1%
day changed -0.0104, income distribution +0.0147, hence net = 0.0147-0.0104 =0.0043 = +0.95%

how many % of your UT portfolio consisted of KGF?
do you have only 1 or 2 funds?
if you have many,...it is not possible to have all to be good all the times.
if you are not comfortable with KGF,...try go for  non constrained funds where by the FM are not constrained to allocate a fixed % of the fund in a certain area/country.
I think 1 example is ....Affin Hwang Absolute Return Fund III
http://affinhwangam.com/list-of-funds/mixe...eturn-fund-iii/
but just that how comfortable are you with your money in the FM's hands?.... but many still believe the FM's expertise are better than him/her self

if you believe FSM and are comfortable to not use the invested money for the next few years....
try use the Star Rating to help you guide the % of allocation into the country or regions....

just for relative comparison,.....currently i have 13.5% of KGF in my port and yes, YTD KFG is -7.2%, thus part of my current port losses is due to the -1% contributed by KGF

AmCumulative Growth
AmIncome Plus cheque
CIMB-Principal Asia Pacific Dynamic Income Fund - MYR
CIMB-Principal Greater China Equity Fund
Eastspring Investments Bond Fund
Eastspring Investments Global Emerging Markets Fund
KAF Tactical Fund
Kenanga Growth Fund
Templeton Global Balanced Fund - Class A (MYR)
United Global Quality Equity Fund - MYR Hedged
United Japan Discovery Fund - MYR Hedged

1.27% return since august 2017, aggressive portfolio

Classic case of treating UTF as though is stock - market....
Xuzen