2023 is over. So, I am doing my annual investment review, starting with this 2023 Malaysia investment review.
My 2023 investment holdings review covers both stock market and mutual funds. I will show the gain or loss (including dividends) for each stock and fund. In the end, I will show the total return of my holdings in Malaysia. The baseline is the price at the beginning of 2023 or at the point of purchase. I compute internal rate of return (IRR) to show my annualised return.
In this article, I am sharing the returns of my Malaysia portfolio (denominated in Malaysian Ringgit). The next article will show the returns of my foreign portfolio (denominated in US Dollar). In the third and final article, I will share the total returns of my whole portfolio (denominated in Malaysian Ringgit).
Stocks
The first table shows the stocks that are still in my portfolio.
| Stock | DY | Return | IRR |
|---|---|---|---|
| UCHITEC | 21.75% | 27.83% | 21.38% |
| LIIHEN | 10.67% | 21.66% | 11.47% |
| SUPERMX | N/A | 15.52% | 93.05% |
| MAYBANK | 8.06% | 8.97% | 8.07% |
| BURSA | 3.80% | 7.92% | 6.50% |
| PAVREIT | 5.41% | 5.97% | 0.06% |
| DUFU | 2.00% | 4.96% | -9.42% |
| MYEG | 0.09% | 2.39% | 0.12% |
| HEIM | 7.22% | 1.27% | 12.27% |
| YSPSAH | 4.28% | -5.88% | 3.38% |
| PANAMY | 3.90% | -16.07%` | -12.03% |
The following table contains the stock that I have sold in last year.
| Stock | DY | Return | IRR |
|---|---|---|---|
| EITA | 2.17% | -8.29% | 4.84% |
The stocks are arranged from the largest gainers to the largest losers based on annual return.
Annual return for 2023 = +8.19% (2022: +6.55%)
IRR = +7.97% (2022: +7.35%)
My annual return is much better than last year. KLCI dropped by 2.73% for the year, so my portfolio performed better than the benchmark. My portfolio underperformed the market significantly in 2021 but it has outperformed the benchmark in the past two years. Only three of my stocks decreased in value for the year. The worst performer in 2022 is PANAMY.
My IRR also improved compared to last year.
Mutual funds
The next table shows the funds that are still in my portfolio.
| Fund | Return | IRR |
|---|---|---|
| Nikko AM Singapore Dividend Equity Fund - MYR Class | 11.34% | 5.63% |
| CIMB-Principal PRS Plus Asia Pacific Ex Japan Equity - Class A | 6.84% | 7.41% |
| CIMB-Principal PRS Plus Asia Pacific Ex Japan Equity - Class C | 6.48% | 3.31% |
| AHAM PRS Growth Fund | 0.15% | 0.15% |
The funds are arranged from the largest gainers to the largest losers based on annual return.
The table below shows the fund that I have sold in 2023.
| Fund | Return | IRR |
|---|---|---|
| PB Islamic Asia Equity Fund | -2.24% | 4.19% |
Annual return for 2023 = +6.36% (2022: -12.07%)
IRR = +4.39% (2022: +3.50%)
Contrary to 2022, all my remaining funds had positive return. My annual return also returned to black in 2023.
My IRR has also improved in 2023.
Total return from Malaysia investment
2023 annual return = +7.81%
My annual return in 2022 was only +2.11%. 2023 was a much better year.
IRR = +8.03%
My IRR has also increased from +6.74% last year.
Conclusion
My target annual return is 7%. After 2 years of misses, my portfolio finally hit this target in 2023. However, this might be due to low base effect. Let’s see if this feat will continue in 2024.
My current Malaysia portfolio consists of 79.46% equity and 20.54% mutual fund, almost the same as 2022.
That is the end of my 2023 Malaysia investment review. The next post will be on the return of my foreign portfolio.
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