Accurate as of 31st March 2014
Initial Net Asset Value: $10.00
Net Asset Value as of 31 March 2014 $18.28
Hypothetical Growth of $10,000 invested since September 2011 (NAV at September 2011 was $9.71)
* A total return index is an index that measures the performance of a group of components by assuming that all cash distributions (dividends) are reinvested, in addition to tracking the components’ price movements
* I have changed the benchmark to the iShares S & P 500 TR Index to reflect the fees of a index fund. NAV is calculated net transaction costs and tax.
* As of the first quarter FY 2014, the reporting date has been shifted to the last trading day of each month e.g. 31st December 2013.