It is 2025 now. So, I am doing my annual investment review, starting with this 2024 Malaysia investment review.
My 2024 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 2024 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 |
|---|---|---|---|
| SUPERMX | N/A | 41.49% | 92.75% |
| PAVREIT | 5.93% | 34.92% | 7.02% |
| BURSA | 4.82% | 34.30% | 13.55% |
| MAYBANK | 8.20% | 21.93% | 9.50% |
| MYEG | 1.85% | 20.51% | 7.60% |
| UCHITEC | 12.71% | 12.78% | 20.40% |
| PANAMY | 4.35% | 5.33% | 8.36% |
| HEIM | 6.70% | 5.22% | 10.70% |
| YSPSAH | 4.22% | 3.83% | 3.57% |
| DUFU | 1.56% | 2.37% | -4.41% |
| LIIHEN | 5.50% | -20.86% | 8.01% |
The stocks are arranged from the largest gainers to the largest losers based on annual return.
Annual return for 2024 = +16.11% (2023: +8.19%)
IRR = +10.40% (2023: +7.97%)
My annual return is almost double than last year. KLCI increased by 12.90% for the year, so my portfolio still performed better than the benchmark. My portfolio underperformed the market significantly in 2021 but it has outperformed the benchmark in the past four years. Only one of my stocks decreased in value for the year which is also the worst performer in 2024 (LIIHEN).
My IRR also increased 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 | 5.89% | 5.67% |
| AHAM PRS Growth Fund | -1.56% | -3.04% |
The funds are arranged based on their annual return in descending order..
The table below shows the fund that I have sold in 2024.
| Fund | Return | IRR |
|---|---|---|
| CIMB-Principal PRS Plus Asia Pacific Ex Japan Equity - Class A | 11.66% | 8.38% |
| CIMB-Principal PRS Plus Asia Pacific Ex Japan Equity - Class C | 11.47% | 5.44% |
Annual return for 2024 = +4.60% (2023: +6.36)
IRR = +0.91% (2023: +4.39%)
My return dropped in 2024 compared to 2023.
My IRR decreased in 2024.
Total return from Malaysia investment 2024
2024 annual return = +12.20%
My annual return in 2023 was +7.81%. My Malaysian portfolio was doing better, same as the market condition in Malaysia.
IRR = +8.09%
My IRR has increased slightly from +8.03% last year.
Conclusion
My target annual return is 7%. Same as last year, my portfolio hit this target in 2024. The improvement in 2023 was due to low base effect. However, in 2024, as the general market sentiment improved, my portfolio also benefited. Let’s hope 2025 will be at least as good as 2024.
My current Malaysia portfolio consists of 68.34% (2023: 79.46%) equity and 31.66% (2023: 20.54%) mutual fund.
That is the end of my 2024 Malaysia investment review. The next post will be on the return of my foreign portfolio.
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