Fund	8.2014		1.9.2013–31.8.2014
	Unaudited	Benchmark Return	Unaudited	Benchmark Return
Growth	1.38%	1.40%	18.57%	18.53%
Balanced	1.31%	1.26%	12.56%	15.68%
Stable	0.58%	0.77%	8.71%	9.66%
HK Equity	0.56%	0.02%	17.60%	16.58%
HK Index-linked	0.17%	0.19%	17.91%	18.60%
A50 China Tracker∆	-3.53%	-2.49%	1.28%	4.02%
HKD Bank Deposit	0.13%	0.001%	1.36%	0.01%
USD Bank Deposit*	0.11%	0.01%	1.24%	0.04%
AUD Bank Deposit*	0.72%	0.56%	8.11%	6.07%
EUR Bank Deposit*	-1.79%	-1.79%	-0.13%	-0.40%

For MPF Scheme performance, please click here.

^∆ Pursuant to the recent decision of the Board of Trustees, the existing A50 China Tracker Fund will be enhanced by switching the underlying investment from synthetic Exchanged Traded Fund (ETF) 2823.HK to physical ETF 2822.HK. The switching will be gradually performed by the Bursary through investment manager starting from May 2014 and will be completed in December 2014.

Cumulative returns are for the past twelve months from 1 September 2013. The return data includes a premium or a discount between the Market Price and the Net Asset Value of iShares FTSE A50 China Index ETF (2823). In July, there was an decrease in premium of 1.53% and for the twelve months from September 2013 to August 2014, there has been no movement in premium.

* Both actual and benchmark returns include foreign currency exchange difference for the month.