Because HLSGF only invested 75-95% of it into the target fund...

ILP means investment link plan. What this does is basically you buy insurance with unit trust. Your agent get min 40% cut from the money you pay on the first year (well this is from SG, but I don't see a difference in Malaysia). So assuming that you put RM10k into each product,

With an ILP, you are basically investing only RM6k. RM4k goes to your agent 
Now let's compare it with KGF at 1.75% service charge by FSM, you are investing RM9825.

Now wonder why ILP give you at best promo FD rates, at worst, below FD board rate over say 20 years and your agent keep pushing you to buy an ILP/edu plan/retirement plan from him or her?   

According to the factsheet I believe the rest are just kept as cash.

Never buy an ILP unless you kena conned/trick. Separate them. Always DIY investment where possible.

Morningstar for comparison of funds.

time to top up? 

Help me understand 1 thing, about this annualized return. say I take this as example:

[attachmentid=10017414]
(Link: https://www.fundsupermart.com.my/main/fundi...-Fund-MYASM007)

1) So meaning to say, should one hold on to the fund for the past five years, the return for holding is 5.55%. Correct?

Should be (1 + 0.0555)^5

Let say my previous % was on 10%. Now raise to 16%. I sell 6% so I got this gain.
If wanted to take all 16% also same. Just that if you still want the exposures of the region, you can keep at as the initial % of yours.
This is same as robo. You maintain the same % of the desired objective very 1st when you start investing.
[COLOR=blue]Sell the performer buy the underperforming.[COLOR=blue]
GEM, nikko, and MY.

aaxj and cn already achieve desired % last February