Using NAV to calculate portfolio performance

[yyt]

Oh.....ok i think i get the idea. Thanks.
Cos now 1 unit is not $1.
Guess freedom was trying to point that out too. Thanks dude

Your step four is wrong.

$1000 = 1000/1.0273 units.

It's like buying into unit trusts. You buy lesser units, when each unit is more expensive.

Personally, I use this unit-based method to compute the returns for my portfolio, because the computed returns accounts for inflows and outflows of funds.

Pity that there are very few (probably none) other Singapore blogs that use this unit-based method. The returns shown in most blogs are probably imprecise when there are inflows/outflows of funds into their portfolio.