Before you know it, Q1 came and left. TTI’s portfolio generated an internal rate of return of 15.78% annualized. Total net assets under management grew by $105,937.67, from $943,815.80 at the end of FY16Q4 to $1,049,753.47 at the end of FY17Q1. These figures are nett of all fees.
Looking at the AUM, a gain of about $100k in the 1st 3 months of this year isn’t too bad. Plus most of the companies I own have their financial year ends in March. This means that I haven’t received any dividends and would expect most of my dividend collection to take place sometime in the next few months. These figures also mean that if my portfolio continues growing at this rate, I’ll end FY17 with a 15.78% return, which is not super fantastic, but certainly not too bad either. I wouldn’t mind a long term, multi ......