Author Archives: juno.tay

Tay US Fund NAV Update December 2013

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Accurate as of 31st December 2013

Initial Net Asset Value: $10.00

Net Asset Value as of  31 December 2013: $17.40

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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.