DPM Retirement Service

Transcription

1 Investment Menu The fees and costs displayed in this menu are the latest available figures at the time this Investment Menu was prepared and may be subject to change. You can choose from the following investment options: Term deposits Separately Managed Account (SMA) Listed security model portfolios Separately Managed Account (SMA) Multi-asset model portfolios Managed investments, and Listed investments, including: Exchange Traded Commodities Exchange Traded s Direct shares Interest Rate Securities Listed Investment Companies, and Listed Investment Trusts. The fees and costs included in this menu are for the investment options only. They do not include the fees and costs of the DPM Retirement Service that allows you to access these investment options. For more information please go to investinfo.com.au/dpm. The example on the following pages outlines how the combined impact of fees and costs may impact your investment. Preparation date 26 October 2018 Issued by: NULIS Nominees (Australia) Limited (the Trustee) ABN AFSL DPM Retirement Service (the ) ABN Investment Menu 1

2 Example of combined annual fees and costs for the DPM Retirement Service and a range of investment options This table gives an example of how the fees and costs for the DPM Retirement Service with a $300,000 investment in a range of investment options can affect your super investment over a one-year period. EXAMPLE DPM Retirement Service and a range of investment options BALANCE OF $300,000 Fees and costs of DPM Retirement Service Investment fees Nil $0 For every $300,000 you have in the superannuation product you will be charged $0 each year PLUS Administration fees *Tiered fees 0.65% x $300,000 $1,950 And, you will be charged $2,065 in administration fees *Government Levy Cost Recovery 0.023% x $300,000 (capped at $40) $40 *Cash Account fee % x $10,000 $75 PLUS Indirect costs for the superannuation product Nil And, indirect costs of $0 each year will be deducted from your investment EQUALS Cost of DPM Retirement Service $2,065 If your balance was $300,000, then for that year you will be charged fees of $2,065 for the DPM Retirement Service Fees and costs of investment options Investment held Account balance Portion not managed by the NAB Group Portion in listed investments Management costs (less rebates) and transaction costs not recovered by buy-sell spread 2 Cash Account $10,000 N/A $0 MLC Wholesale Horizon 4 $50,000 $50,000 x 0.92% $460 Balanced Portfolio 2 SMA Antares $50,000 $50,000 x 0.46% $230 Dividend Builder 2 NAB 12 month Term Deposit $20,000 N/A $0 Blackrock Global $50,000 $50,000 $50,000 x 1.25% $625 Allocation (Aust) 2 SMA Perennial Value $50,000 $50,000 $50,000 x 0.77% $385 Shares for Income 2 Investment Menu 2

3 Example of combined annual fees and costs for the DPM Retirement Service and a range of investment options continued Fees and costs of investment options Investment held Adelaide Bank 12 month Term Deposit Account balance Portion not managed by the NAB Group Portion in listed investments Management costs (less rebates) and transaction costs not recovered by buy-sell spread 2 $20,000 $20,000 N/A $0 NAB shares $25,000 $25,000 N/A $0 BHP shares $25,000 $25,000 N/A $0 Total $300,000 $120,000 $50,000 Total Fees and costs of investment options $1,700 Total fees and costs of DPM Retirement Service $2,065 TOTAL COMBINED COST of DPM Retirement Service and Fees and costs of investment options $3,765 (this is 1.26% of $300,000) 1 This example assumes that $10,000 is held in your Cash Account and the balance ($290,000) is invested in a range of investment options for the entire year. The Cash Account fee will apply from 1 December For managed investment options, these figures reflect amounts advised by the issuer of the relevant investment option as at 1 September Brokerage costs for shares and the SMA have not been included. Other fees and costs may apply. Please see the Investment Menu and the investment option s PDS available on investinfo.com.au/dpm for more information. Investment Menu 3

4 Term deposits Approved Deposit-taking Institution ( ADI ) Adelaide Bank 3 months Adelaide Bank 6 months Adelaide Bank 1 year NAB 1 month NAB 2 months NAB 3 months NAB 6 months NAB 1 year NAB 2 years Adelaide Bank Adelaide Bank Adelaide Bank NAB NAB NAB NAB NAB NAB Investment Menu 4

5 Separately Managed Account (SMA) Listed security model portfolios Portfolio name Index Model management fee (% pa) Investment code Blue Chip Top NUN0051AU Value/Income Antares Dividend Builder 0.46 NUN0052AU Antares Listed Property 0.67 NUN0100AU JBWere Income 0.55 JPL0001AU JBWere Listed Fixed Income JPL0003AU Perennial Value Shares for Income 0.77 NUN0053AU Zurich Australian Listed Property 0.81 NUN1395AU Core/Growth Antares Core Opportunities 0.62 NUN0054AU Antares Ex-20 Australian Equities 0.75 NUN0102AU Ausbil Australian Concentrated Equities 0.92 NUN0055AU Pendal Australian Share 0.60 NUN9250AU Perpetual Direct Equity Alpha 0.80 NUN0964AU Redpoint Industrials 0.40 NUN0101AU 10. A maximum of 50% of your account balance can be invested in this option. Investment Menu 5

6 Multi-asset model portfolios Portfolio name Estimated buy-sell spread range (%) Estimated ICR (% pa)* Model management fee (% pa) Investment code Growth PIC Lifecycle Growth Moderate % NUN3814AU PIC Lifecycle Growth Assertive % NUN5133AU PIC Lifecycle Growth Aggressive % NUN2679AU Income PIC Lifecycle Income Conservative % NUN6236AU PIC Lifecycle Income Moderate % NUN9829AU PIC Lifecycle Income Assertive % NUN8576AU * The Indirect Costs are an estimation of the costs that will be incurred through investing in the underlying managed investment schemes. The actual costs incurred may vary. These costs include any applicable expense recovery and performance fee payable to the investment manager of the underlying managed investment schemes. We expect the Indirect Costs to be -0.10% to +0.10% of this estimate. For example, in the case of Indirect Costs of 0.40%, the range would be between 0.30% and 0.50%. 4 Private Investment Consulting (PIC) Lifecycle Model Portfolios may be selected only by PIC Accredited Advisers. A PIC Accredited Adviser is an authorised representative of a licensee who has received accredited approval from PIC to access their services and the PIC labelled investment options. Investment Menu 6

7 Managed Investment funds and Exchange Traded s The information provided in this section is to assist you understand what options are available on the investment menu and to compare the most common fees and costs that apply. Other fees and costs may also apply. For more information on Managed Investment funds, please see the underlying Product Disclosure Statement for each investment option available on investinfo.com.au/dpm For more information on Exchange Traded s, please source any additional fee information directly from the investment manager. The following costs are displayed: Management costs: Include, where applicable, management fees, performance fees and other costs, including indirect costs, which will reduce the net return of the investment option. Generally management costs are deducted from the assets of the investment option you have selected and will be reflected in the unit price and any reporting on the performance of the investment option. Management costs are reported gross of any rebate that may apply for managed investment funds. Any rebate that applies to an investment option is separately shown in the table. Transactional and operational costs: When assets in a managed investment product are bought or sold, costs such as brokerage, stamp duty and settlement costs are incurred. Costs may also be incurred when the market process for purchasing assets causes the price paid to be higher than the value of the assets immediately after the purchase transaction, for example where bid/ask spreads are incurred. Some or all of these costs may be met by a buy-sell spread which is an additional cost to you when you add to or withdraw from the investment option or if you switch investment options. The remaining costs are met from assets of the investment option and reduce the return of the investment. None of these transaction costs are paid to us. The transactional and operational cost figures provided in this section menu are the amounts that are not recovered by charging buy-sell spreads. Where applicable the buy-sell spreads are also provided. Borrowing (gearing) costs: Some of the managed investment product options available may incur borrowing (or gearing) costs, where borrowing is part of the investment strategy. Borrowing costs generally include all costs in relation to the loan arrangement, including upfront costs to establish the arrangement and ongoing costs like interest payments. Borrowing costs are an additional cost to you. They are generally deducted from the assets of the investment option and reflected in the daily unit price and any reporting on the performance of the investment option. Borrowing costs may rise and fall over time, and will depend on the level of gearing, the interest amount and other amounts paid to lenders. For managed investment funds, these amounts may be reported as part of the fund s management costs, transactional and operational costs or as separate amounts. This means that borrowing costs may be incurred within an investment option even where the borrowing costs amount is listed as zero in the Investment Menu table. For more information, please see the underlying Product Disclosure Statement for each investment option available on investinfo.com.au/dpm When reading this section The figures provided in this section are the latest available information provided by Morningstar. For more information, please see the underlying Product Disclosure Statement for each investment option available on investinfo.com.au/dpm Note: N/A means Not Available from Morningstar at the time of publication. The following numbers may be referenced within the Menu on an investment option to provide you with further information about the option. 1 Rebate passed to investors. 2 Investment Manager may also charge a performance fee. Where an estimate has been provided, this amount has been included within the Management costs. Please refer to the underlying Product Disclosure Statement. 3 This investment option is considered a Hedge by the Australian Securities and Investments Commission because it uses some sophisticated investment techniques. More information about this investment option is available in the Product Disclosure Statement available on investinfo.com.au/dpm. Fast Track Transactions and Automatic re-weighting are not available for these investment options and diversification limits also apply. Please see the How to Guide available on investinfo.com.au/ dpm for more information. 4 Private Investment Consulting (PIC) investments may be selected only by PIC Accredited Advisers. A PIC Accredited Adviser is an authorised representative of a licensee who has received accredited approval from PIC to access their services and the PIC labeled investment options. Investment Menu 7

8 5 Dimensional trusts may be selected only by Participating Advisers. Participating Adviser means (i) a representative of a licensed financial advisory firm who has participated in educational programs conducted by Dimensional about Dimensional s philosophy and approach, or (ii) a representative of a licensed financial advisory firm where the firm has, as at a group level, participated in education programs conducted by Dimensional about Dimensional s philosophy and approach. 6 A maximum of 50% of your pension account balance can be invested in the option. 7 A maximum of 20% of your account balance can be invested in the option. 8 A maximum of 40% of your account balance can be invested in the option. 9 A maximum of 15% of your account balance can be invested in the option. 10 A maximum of 50% of your account balance can be invested in the option. 11 The diversification limit that applies to each Listed Interest Rate Security is the same as the diversification limit applies to the underlying (parent) company. 12 You can invest up to 25% of your account balance in Fixed Interest: Specialist investments. 13 You can invest up to 10% of your account balance Alternatives: Private Equity investments. Investment Menu 8

9 Managed investment funds Ongoing costs pa Costs when money Management cost Management fee Transaction and moves in and out of the Borrowing APIR Code Managed Investment Name Category % pa (gross of rebate % pa Operational costs not fund (gearing) costs % management fee recovered by buy-sell Buy spread Sell spread DPM 1 pa rebate) spreads % pa % % MAQ0187AU Macquarie (Wholesale) Master Cash Cash: Cash SBC0811AU UBS Cash Cash: Cash SBC0812AU UBS Cash Plus Cash: Cash Enhanced VAN0102AU Vanguard Cash Plus Cash: Cash Enhanced N/A N/A N/A MAQ0061AU Macquarie Australian Fixed Interest Fixed Interest: Australian ETL0015AU PIMCO Wholesale Australian Bond Fixed Interest: Australian N/A VAN0001AU Vanguard Australian Fixed Interest Index Fixed Interest: Australian N/A CRS0004AU Aberdeen Standard Australian Fixed Income Fixed Interest: Australian N/A BGL0105AU BlackRock Indexed Australian Bond Fixed Interest: Australian RFA0813AU Pendal Fixed Interest Fixed Interest: Australian SBC0813AU UBS Australian Bond Fixed Interest: Australian IOF0046AU Janus Henderson Australian Fixed Interest Fixed Interest: Australian TYN0104AU Nikko AM Aust Bond fund Fixed Interest: Australian N/A SSB0122AU Legg Mason Western Asset Australian Bond Trust - Class A Fixed Interest: Australian N/A AUS0071AU Altius Sustainable Bond Fixed Interest: Australian DFA0108AU Dimensional Five Year Diversified Fixed Interest 5 Fixed Interest: Diversified N/A DFA0100AU Dimensional Short Term Fixed Interest Trust 5 Fixed Interest: Diversified N/A - - DFA0002AU Dimensional Two Year Diversified Fixed Interest 5 Fixed Interest: Diversified N/A MLC0839AU MLC Wholesale Diversified Debt Fixed Interest: Diversified ETL0016AU PIMCO Wholesale Diversified Fixed Interest Fixed Interest: Diversified N/A - - CSA0062AU Aberdeen Standard Diversified Fixed Income Fixed Interest: Diversified N/A AMP0557AU AMP Capital Corporate Bond (Class A) Fixed Interest: Diversified MAQ0274AU Macquarie Diversified Fixed Interest 2 Fixed Interest: Diversified MLC0669AU MLC Wholesale Horizon 1 Bond Portfolio Fixed Interest: Diversified ANZ0212AU OnePath Wholesale Diversified Fixed Interest Trust Fixed Interest: Diversified PMC0103AU PM CAPITAL Enhanced Yield 2 3 Fixed Interest: Diversified SCH0028AU Schroder (Wholesale) Fixed Income Fixed Interest: Diversified SBC0007AU UBS Diversified Fixed Income Fixed Interest: Diversified Vanguard International Credit Securities Index VAN0106AU Fixed Interest: Diversified N/A (Hedged) VAN0042AU Vanguard Diversified Bond Index Fixed Interest: Diversified N/A DFA0028AU Dimensional Global Bond Trust 5 Fixed Interest: International N/A Colonial First State Wholesale Global Credit Income FSF0084AU Fixed Interest: International Investment Menu 9

10 Managed investment funds APIR Code Managed Investment Name Category Management cost % pa (gross of management fee rebate) Management fee rebate % pa DPM 1 Ongoing costs pa Transaction and Operational costs not recovered by buy-sell spreads % pa Borrowing (gearing) costs % pa Costs when money moves in and out of the fund Buy spread Sell spread % % GSF0008AU Payden Global Income Opportunities 3 Fixed Interest: International BGL0008AU BlackRock Global Bond Index Fixed Interest: International PWA0825AU BlackRock Wholesale International Bond Fixed Interest: International ETL0018AU PIMCO Wholesale Global Bond Fixed Interest: International N/A FRT0025AU Franklin Templeton Global Aggregate Bond Fixed Interest: International PPL0028AU Antares Income Fixed Interest: Multi-strategy Income IOF0145AU Janus Henderson Tactical Income Fixed Interest: Multi-strategy Income MAQ0277AU Macquarie Income Opportunities 2 Fixed Interest: Multi-strategy Income HOW0052AU Kapstream Wholesale Absolute Return Income Fixed Interest: Multi-strategy Income N/A N/A N/A PER0260AU Perpetual's Wholesale Diversified Income Fixed Interest: Multi-strategy Income SCH0103AU Schroder Absolute Return Income Fixed Interest: Multi-strategy Income UBS0003AU UBS Income Solution Fixed Interest: Multi-strategy Income PGI0001AU Principal Global Credit Opportunities Fixed Interest: Multi-strategy Income ETL0019AU PIMCO Global Credit - Wholesale Class Fixed Interest: Multi-strategy Income N/A Challenger Guaranteed Income cents MLT0010AU p.a. 30 September 2022 (MV$1) Fixed Interest: Annuities N/A - N/A N/A N/A N/A MLT0007AU Challenger Guaranteed Income cents p.a. 30 March 2020 (MV$1) Fixed Interest: Annuities N/A 0.10 N/A N/A N/A N/A MLT9335AU Challenger Guaranteed Income 3.40 cents 31 March 2021 Fixed Interest: Annuities N/A - N/A N/A N/A N/A CSA0038AU Bentham Wholesale Global Income Fixed interest: Specialist N/A FRT0011AU Franklin Templeton Multi-Sector Bond W Fixed interest: Specialist SSB0014AU Legg Mason Brandywine Global Opportunities Fixed Fixed interest: Specialist 12 Income N/A CSA0046AU Bentham Wholesale Syndicated Loan Fixed interest: Specialist N/A PER0727AU JPMorgan Global Strategic Bond Fixed interest: Specialist ETL0398AU T. Rowe Price Dynamic Global Bond 2 Fixed interest: Specialist VEN0029AU Ventura Conservative - Class A Conservative: Diversified N/A VEN0028AU Ventura Diversified 50 - Class A Conservative: Diversified N/A CRS0001AU Aberdeen Standard Multi-Asset Income 3 Conservative: Diversified N/A FSF0033AU Colonial First State Wholesale Conservative Conservative: Diversified MLC0670AU MLC Wholesale Horizon 2 Income Portfolio Conservative: Diversified NUN0001AU Pre Select Conservative Conservative: Diversified RIM0012AU Russell Conservative - Class C Conservative: Diversified VAN0109AU Vanguard Conservative Index Conservative: Diversified N/A BTA0318AU Pendal Monthly Income Plus Conservative: Diversified IPA0075AU AMP Capital Income Generator Conservative: Diversified Investment Menu 10

11 Managed investment funds APIR Code Managed Investment Name Category Management cost % pa (gross of management fee rebate) Management fee rebate % pa DPM 1 Ongoing costs pa Transaction and Operational costs not recovered by buy-sell spreads % pa Borrowing (gearing) costs % pa Costs when money moves in and out of the fund Buy spread Sell spread % % MLC0921AU MLC Wholesale Inflation Plus Conservative Conservative: Real Return PER0114AU Perpetual's Wholesale Diversified Growth Balanced: Diversified FSF0040AU Colonial First State Wholesale Balanced Balanced: Diversified MLC0398AU MLC Wholesale Horizon 3 Conservative Growth Portfolio Balanced: Diversified NUN0002AU Pre Select Balanced Balanced: Diversified RIM0013AU Russell Diversified 50 - Class C Balanced: Diversified VAN0108AU Vanguard Balanced Index Balanced: Diversified N/A DFA0033AU Dimensional World Allocation 50/50 Trust 5 Balanced: Diversified N/A DFA0029AU Dimensional World Allocation 70/30 Trust 5 Growth: Diversified N/A VEN0027AU Ventura Growth 70 - Class A Growth: Diversified N/A FSF0008AU Colonial First State Wholesale Diversified Growth: Diversified PER0063AU Perpetual Wholesale Balanced Growth Growth: Diversified CRS0002AU Aberdeen Standard Multi-Asset Real Return 3 Growth: Diversified N/A MAL0018AU BlackRock Global Allocation (Aust) - Class D 2 3 Growth: Diversified PWA0822AU BlackRock Wholesale Balanced 3 Growth: Diversified RFA0815AU Pendal Active Balanced Growth: Diversified BTA0806AU Pendal Balanced Returns Growth: Diversified JPM0008AU Legg Mason Diversified Trust - Class A Growth: Diversified N/A MLC0260AU MLC Wholesale Horizon 4 Balanced Portfolio Growth: Diversified AJF0003AU OnePath Tax Effective Income Growth: Diversified NUN0003AU Pre Select Growth Growth: Diversified RIM0011AU Russell Balanced - Class C Growth: Diversified SBC0815AU UBS Balanced Investment Growth: Diversified VAN0110AU Vanguard Growth Index Growth: Diversified N/A VAN0111AU Vanguard High Growth Index Growth: Diversified N/A ZUR0059AU Zurich Investments Managed Growth 2 Growth: Diversified UBS0037AU UBS Tactical Beta - Growth Growth: Diversified MLC4447AU PIC Wholesale Index Plus Balanced Portfolio 4 Growth: Diversified MLC7849AU MLC Wholesale Index Plus Conservative Growth Portfolio Balanced: Diversified SCH0047AU Schroder Real Return CPI Plus 5% Growth: Real Return MLC0920AU MLC Wholesale Inflation Plus Moderate Growth: Real Return SCH0096AU Schroder Real Return CPI Plus 3.5% Growth: Real Return RIM0014AU Russell Growth - Class C Aggressive: Diversified VEN0009AU Ventura High Growth 100 Class A Aggressive: Diversified N/A FSF0498AU Colonial First State Wholesale High Growth Aggressive: Diversified Investment Menu 11

12 Managed investment funds APIR Code Managed Investment Name Category Management cost % pa (gross of management fee rebate) Management fee rebate % pa DPM 1 Ongoing costs pa Transaction and Operational costs not recovered by buy-sell spreads % pa Borrowing (gearing) costs % pa Costs when money moves in and out of the fund Buy spread Sell spread % % MLC0265AU MLC Wholesale Horizon 5 Growth Portfolio Aggressive: Diversified MLC0397AU MLC Wholesale Horizon 6 Share Portfolio Aggressive: Diversified PER0066AU Perpetual's Wholesale Split Growth Aggressive: Diversified NUN0004AU Pre Select High Growth Aggressive: Diversified RIM0030AU Russell High Growth - Class C Aggressive: Diversified MLC9748AU MLC Wholesale Index Plus Growth Portfolio Aggressive: Diversified MLC8225AU PIC Wholesale Index Plus Growth Portfolio 4 Aggressive: Diversified DFA0035AU Dimensional World Equity Trust 5 Aggressive: Diversified N/A MLC Wholesale Horizon 7 Accelerated Growth MLC0449AU Aggressive: Geared Portfolio MLC0667AU MLC Wholesale Inflation Plus Assertive 6 High Growth: Real Return (Geared) SSB0026AU Legg Mason Martin Currie Real Income Property: Australian Listed N/A APN0008AU APN AREIT Property: Australian Listed SSB0128AU Legg Mason Martin Currie Property Securities Trust Property: Australian Listed N/A MLC0263AU MLC Wholesale Property Securities Property: Australian Listed VAN0004AU Vanguard Australian Property Securities Index Property: Australian Listed N/A AMP0255AU AMP Capital Listed Property Trusts (Class A) Property: Australian Listed NFS0209AU Antares Listed Property Property: Australian Listed BGL0108AU BlackRock Indexed Australian Listed Property Property: Australian Listed RFA0817AU Pendal Property Investment Property: Australian Listed HBC0008AU SG Hiscock Wholesale Property Securities Property: Australian Listed N/A Colonial First State Wholesale Property Securities FSF0004AU Property: Australian Listed PAL0002AU Ironbark Paladin Property Securities Property: Australian Listed N/A SBC0816AU UBS Property Securities Property: Australian Listed ETL0119AU EQT SG Hiscock Property Income Property: Australian Listed Zurich Investments Australian Property Securities ZUR0064AU Property: Australian Listed AMP1015AU AMP Capital Core Property (Class A) 2 Property: Diversified Vanguard International Property Securities Index VAN0018AU Property: Internationally Listed N/A DFA0005AU Dimensional Global Real Estate Trust 5 Property: Internationally Listed N/A AMP Capital Global Property Securities (Class AMP0974AU Property: Internationally Listed A) FSF0454AU CFS Wholesale Global Property Securites Property: Internationally Listed Investment Menu 12

13 Managed investment funds APIR Code Managed Investment Name Category Management cost % pa (gross of management fee rebate) Management fee rebate % pa DPM 1 Ongoing costs pa Transaction and Operational costs not recovered by buy-sell spreads % pa Borrowing (gearing) costs % pa Costs when money moves in and out of the fund Buy spread % Sell spread % ETL0005AU EQT SGH LaSalle Global Listed Property Securities Property: Internationally Listed Trust MLC0786AU MLC Wholesale Global Property Property: Internationally Listed MGL0010AU Ironbark Global (ex-australia) Property Securities Property: Internationally Listed N/A PPL0026AU Presima Global Property Securities Concentrated Property: Internationally Listed HML0016AU UBS Clarion Global Property Securities Property: Internationally Listed VAN0019AU Vanguard International Property Securities Index (Hedged) Property: Internationally Listed N/A WHT0015AU Resolution Capital Global Property Securities 2 Property: Internationally Listed NML0001AU AMP Capital Wholesale Australian Property Property: Hybrid PCL0005AU Pengana Australian Equities 2 Australian Equity: Diversified ETL0060AU Allan Gray Australian Equity 2 Australian Equity: Diversified VEN0026AU Ventura Australian Opportunities - Class A Australian Equity: Diversified N/A IML0005AU Investors Mutual Equity Income Australian Equity: Diversified N/A VEN0030AU Ventura Australian Shares - Class A Australian Equity: Diversified N/A BFL0004AU Bennelong ex-20 Australian Equities 2 Australian Equity: Diversified DFA0103AU Dimensional Australian Large Company Trust 5 Australian Equity: Diversified N/A HOW0026AU Alphinity Wholesale Concentrated Australian Share 2 Australian Equity: Diversified N/A FSF0002AU Colonial First State Wholesale Australian Share Australian Equity: Diversified FSF0003AU Colonial First State Wholesale Imputation Australian Equity: Diversified HOW0019AU Alphinity Wholesale Australian Equity Australian Equity: Diversified N/A PAM0001AU Alphinity Wholesale Australian Share Australian Equity: Diversified N/A HOW0034AU Greencape Wholesale Broadcap 2 Australian Equity: Diversified N/A PPL0002AU Antares Dividend Builder Australian Equity: Diversified PPL0115AU Antares Elite Opportunities 2 Australian Equity: Diversified AAP0103AU Ausbil Australian Active Equity Australian Equity: Diversified BGL0034AU BlackRock Indexed Australian Equity Australian Equity: Diversified BAR0814AU BlackRock Scientific Australian Equity Australian Equity: Diversified BTA0055AU Pendal Australian Equity Australian Equity: Diversified RFA0059AU Pendal Focus Australian Share 2 Australian Equity: Diversified RFA0103AU Pendal Imputation Australian Equity: Diversified HOW0035AU Greencape Wholesale High Conviction 2 Australian Equity: Diversified N/A MLC0262AU MLC Wholesale Australian Share Australian Equity: Diversified FID0008AU Fidelity Australian Equities Australian Equity: Diversified Investment Menu 13

14 Managed investment funds APIR Code Managed Investment Name Category Management cost % pa (gross of management fee rebate) Management fee rebate % pa DPM 1 Ongoing costs pa Transaction and Operational costs not recovered by buy-sell spreads % pa Borrowing (gearing) costs % pa Costs when money moves in and out of the fund Buy spread Sell spread % % MLC0264AU MLC Wholesale IncomeBuilder Australian Equity: Diversified VAN0002AU Vanguard Australian Shares Index Australian Equity: Diversified N/A IML0002AU Investors Mutual Australian Share Australian Equity: Diversified N/A IML0004AU Investors Mutual Industrial Share Australian Equity: Diversified N/A ADV0046AU Maple-Brown Abbott Australian Share Australian Equity: Diversified HBC0011AU Merlon Wholesale Australian Share Income Australian Equity: Diversified N/A PER0102AU Perpetual's Wholesale Concentrated Equity Australian Equity: Diversified PER0046AU Perpetual's Wholesale Industrial Australian Equity: Diversified WHT0039AU Plato Australian Shares Income Australian Equity: Diversified RIM0015AU Russell Australian Share - Class C Australian Equity: Diversified SCH0101AU Schroder (Wholesale) Australian Equity Australian Equity: Diversified TYN0028AU Nikko AM Australian Share Wholesale Portfolio Australian Equity: Diversified N/A TYN0038AU Nikko AM Australian Share Income Australian Equity: Diversified N/A VAN0104AU Vanguard Australian Shares High Yield Australian Equity: Diversified N/A FSF0455AU Colonial First State Antares Wholesale Elite Opportunities 2 Australian Equity: Diversified DFA0003AU Dimensional Australian Core Equity Trust 5 Australian Equity: Diversified N/A DFA0101AU Dimensional Australian Value Trust 5 Australian Equity: Diversified N/A PAT0001AU Ironbark Karara Australian Share Australian Equity: Diversified N/A FSF0976AU RealIndex Wholesale Australian Share Australian Equity: Diversified FHT0030AU The Montgomery 2 Australian Equity: Diversified WHT0012AU Solaris Core Australian Equity Australian Equity: Diversified N/A ETL0273AU Allan Gray Australia Stable 2 Australian Equity: Diversified ACM0006AU AllianceBernstein Managed Volatility Equities Australian Equity: Diversified IML0010AU Investors Mutual Concentrated Australian Share 2 Australian Equity: Diversified N/A SST0048AU State Street Australian Equity Australian Equity: Diversified N/A BLK0012AU BlackRock Concerntrated Industrial Share (Class D Units) 2 Australian Equity: Diversified ETL0349AU Allan Gray Australian Equities (Class B) 2 Australian Equity: Diversified SSB0043AU Legg Mason Martin Currie Equity Income Australian Equity: Diversified N/A BFL0002AU Bennelong Concentrated Australian Equities 2 Australian Equity: Diversified ETL0328AU T Rowe Price Australian Equity 2 Australian Equity: Diversified WHT3810AU FireTrail Australian High Conviction (Class A Units) 2 Australian Equity: Diversified N/A - N/A N/A N/A N/A MGE9705AU Airlie Australian Share Australian Equity: Diversified N/A - N/A N/A N/A N/A Investment Menu 14

15 Managed investment funds APIR Code Managed Investment Name Category Management cost % pa (gross of management fee rebate) Management fee rebate % pa DPM 1 Ongoing costs pa Transaction and Operational costs not recovered by buy-sell spreads % pa Borrowing (gearing) costs % pa Costs when money moves in and out of the fund Buy spread % Sell spread % FSF0043AU Colonial First State Wholesale Geared Share Australian Equity: Geared AAP0002AU Ausbil Australian Geared Equity Australian Equity: Geared PER0071AU Perpetual's Wholesale Geared Australian Australian Equity: Geared HOW0053AU WaveStone Dynamic Australian Share 2 3 Australian Equity: Long/Short N/A PPL0106AU Antares High Growth Shares 2 3 Australian Equity: Long/Short KAM0101AU K2 Australian Absolute Return 2 3 Australian Equity: Long/Short AAP0008AU Ausbil 130/30 Focus 2 3 Australian Equity: Long/Short ETL0069AU Tribeca Alpha Plus Class A Grant Samuel Tribeca Alpha Plus Units 2 Australian Equity: Long/Short PMC0101AU PM Capital Australian Companies 2 3 Australian Equity: Long/Short MLC5068AU PIC Wholesale Index Plus Conservative Growth Portfolio 4 Balanced: Diversified MLC7387AU MLC Wholesale Index Plus Balanced Portfolio Growth: Diversified AUG0018AU Australian Ethical Australian Shares (Wholesale) Australian Equity: Responsible Investment PER0116AU Perpetual Wholesale Ethical SRI Australian Equity: Responsible Investment HOW0121AU Alphinity Wholesale Socially Responsible Share Australian Equity: Responsible Investment N/A RFA0025AU Pendal Ethical Share Australian Equity: Responsible Investment SSB0064AU Legg Mason Martin Currie Ethical Values with Australian Equity: Responsible Income Investment N/A FAM0101AU Celeste Australian Small Companies 2 Australian Equity: Smaller Companies ETL0052AU Grant Samuel Tribeca Smaller Companies Class A units 2 Australian Equity: Smaller Companies DFA0104AU Dimensional Australian Small Company Trust 5 Australian Equity: Smaller Companies N/A ANT0002AU Fairview Equity Partners Emerging Companies Australian Equity: Smaller Companies HOW0016AU NovaPort Wholesale Smaller Companies 2 Australian Equity: Smaller Companies N/A CSA0131AU Aberdeen Standard Australian Small Companies Australian Equity: Smaller Companies N/A AAP0104AU Ausbil Australian Emerging Leaders 2 Australian Equity: Smaller Companies EGG0001AU Eley Griffiths Group Small Companies 2 Australian Equity: Smaller Companies IML0003AU Investors Mutual Future Leaders 2 Australian Equity: Smaller Companies N/A HOW0027AU NovaPort Wholesale Microcap 2 Australian Equity: Smaller Companies N/A IOF0214AU Perennial Value Smaller Companies Trust 2 Australian Equity: Smaller Companies PER0048AU Perpetual's Wholesale Smaller Companies Australian Equity: Smaller Companies Investment Menu 15

16 Managed investment funds APIR Code Managed Investment Name Category Management cost % pa (gross of management fee rebate) Management fee rebate % pa DPM 1 Ongoing costs pa Transaction and Operational costs not recovered by buy-sell spreads % pa Borrowing (gearing) costs % pa Costs when money moves in and out of the fund Buy spread % Sell spread % PER0259AU Perpetual's Wholesale Smaller Companies No. 2 Australian Equity: Smaller Companies ETL0062AU SGH ICE 2 Australian Equity: Smaller Companies PAT0002AU Ironbark Karara Australian Small Companies 2 Australian Equity: Smaller Companies N/A OPS0002AU OC Premium Small Companies 2 Australian Equity: Smaller Companies BTA0313AU Pendal MidCap 2 Australian Equity: Smaller Companies UBS0004AU UBS Australian Small Companies 2 Australian Equity: Smaller Companies FID0026AU Fidelity Future Leaders Australian Equity: Smaller Companies WHT0066AU Spheria Australian Microcap 2 Australian Equity: Smaller Companies HOW3590AU Lennox Australian Small Companies Australian Equity: Smaller Companies N/A - N/A N/A N/A N/A PPL0110AU Antares Australian Equities Australian Equity: Larger Companies HOW0020AU WaveStone Wholesale Australian Share 2 Australian Equity: Larger Companies N/A MAQ0441AU Premium China 2 3 International Equity: Asia EQI0028AU Aberdeen Standard Asian Opportunities International Equity: Asia N/A BTA0054AU Pendal Asian Share International Equity: Asia FID0011AU Fidelity China International Equity: Asia PLA0003AU Platinum (Wholesale) Japan 2 3 International Equity: Asia PLA0004AU Platinum Asia 2 3 International Equity: Asia IOF0203AU Antipodes Asia 2 International Equity: Asia ZUR0580AU Zurich Investments Global Growth Share 2 International Equity: Diversified ZUR0581AU Zurich Investments Unhedged Global Growth Share International Equity: Diversified ZUR0518AU Zurich Investments Unhedged Global Thematic Share International Equity: Diversified VEN0031AU Ventura International Shares - Class A International Equity: Diversified N/A ANT0005AU Altrinsic Global Equities Trust 2 International Equity: Diversified DFA0004AU Dimensional Global Core Equity Trust 5 International Equity: Diversified N/A DFA0102AU Dimensional Global Value Trust 5 International Equity: Diversified N/A MGE0001AU Magellan Global 2 International Equity: Diversified MGE0007AU Magellan Global Hedged 2 International Equity: Diversified ETL0071AU T.Rowe Price Global Equity 2 International Equity: Diversified VAN0003AU Vanguard International Shares Index International Equity: Diversified N/A VEN0008AU Ventura Global Opportunities - $A hedged Class A International Equity: Diversified N/A MAQ0464AU Arrowstreet Global Equity International Equity: Diversified BGL0106AU BlackRock Indexed International Equity International Equity: Diversified BAR0817AU BlackRock Scientific International Equity International Equity: Diversified RFA0821AU Pendal Core Global Share International Equity: Diversified Investment Menu 16

17 Managed investment funds Ongoing costs pa Costs when money Management cost Management fee Transaction and moves in and out of the Borrowing APIR Code Managed Investment Name Category % pa (gross of rebate % pa Operational costs not fund (gearing) costs % management fee recovered by buy-sell Buy spread Sell spread DPM 1 pa rebate) spreads % pa % % BTA0056AU Pendal International Share International Equity: Diversified FID0007AU Fidelity Global Equities International Equity: Diversified GSF0002AU Grant Samuel Epoch Global Equity Shareholder Yield International Equity: Diversified MAQ0404AU IFP Global Franchise International Equity: Diversified GTU0102AU Invesco Wholesale Global Opportunities - Unhedged International Equity: Diversified N/A MIA0001AU MFS Global Equity Trust International Equity: Diversified MLC0261AU MLC Wholesale Global Share International Equity: Diversified RIM0016AU Russell International Shares - Class C International Equity: Diversified N/A - N/A N/A N/A N/A SCH0030AU Schroder Global Active Value International Equity: Diversified FRT0004AU Templeton Global Equity International Equity: Diversified MAQ0410AU Walter Scott Global Equity International Equity: Diversified ZUR0061AU Zurich Investments Global Thematic Share International Equity: Diversified DFA0105AU Dimensional Global Large Company Trust 5 International Equity: Diversified N/A AAP0001AU Candriam Sustainable Global Equity International Equity: Diversified CIM0006AU Capital Group New Perspective (AU) International Equity: Diversified CIM0008AU Capital Group New Perspective Hedged (AU) International Equity: Diversified ETL0463AU Orbis Global Equity 2 International Equity: Diversified FRT0009AU Franklin Global Growth International Equity: Diversified ACM0009AU AllianceBernstein Global Equities International Equity: Diversified MAQ0838AU Polaris Global Equity International Equity: Diversified WHT0061AU Plato Global Shares Income - Class A Units International Equity: Diversified VAN0005AU Vanguard Emerging Markets Shares Index International Equity: Emerging Markets N/A ETL0032AU Aberdeen Standard Emerging Opportunities International Equity: Emerging Markets N/A SCH0034AU Schroder Global Emerging Market International Equity: Emerging Markets DFA0107AU Dimensional Emerging Markets Trust 5 International Equity: Emerging Markets N/A BTA0419AU Pendal Global Emerging Markets Opportunities WS International Equity: Emerging Markets TGP0015AU Rare Emerging Markets 2 International Equity: Emerging Markets ETL0381AU Robeco Emerging Conservative Equity (AUD) International Equity: Emerging Markets N/A MAQ0651AU Walter Scott Emerging Markets International Equity: Emerging Markets PLA0001AU Platinum (Wholesale) European 2 3 International Equity: Europe MAQ0631AU IFP Global Franchise Hedged International Equity: Hedged Dimensional Global Core Equity Trust AUD Hedged DFA0009AU International Equity: Hedged N/A MAQ0079AU Arrowstreet Global Equity (Hedged) International Equity: Hedged Investment Menu 17

18 Managed investment funds APIR Code Managed Investment Name Category Management cost % pa (gross of management fee rebate) Management fee rebate % pa DPM 1 Ongoing costs pa Transaction and Operational costs not recovered by buy-sell spreads % pa Borrowing (gearing) costs % pa Costs when money moves in and out of the fund Buy spread % Sell spread % VAN0105AU Vanguard International Shares Index (Hedged) International Equity: Hedged N/A BGL0044AU BlackRock Indexed Hedged International Equity International Equity: Hedged BGL0109AU BlackRock Scientific Hedged International Equity International Equity: Hedged FID0014AU Fidelity Hedged Global Equities International Equity: Hedged GSF0001AU Grant Samuel Epoch Gl Eq Shareholder Yield (Hedged) International Equity: Hedged GTU0008AU Invesco Wholesale Global Opportunities - Hedged - Class A International Equity: Hedged N/A ETL0041AU MFS Fully Hedged Global Equity Trust International Equity: Hedged MLC0787AU MLC Wholesale Hedged Global Share International Equity: Hedged SCH0032AU Schroder Global Active Value (Hedged) International Equity: Hedged MAQ0557AU Walter Scott Global Equity (Hedged) International Equity: Hedged ZUR0517AU Zurich Investments Hedged Global Thematic Share International Equity: Hedged PPL0031AU Redpoint Global Infrastructure International Equity: Infrastructure TGP0008AU RARE Infrastructure Value - Hedged 2 International Equity: Infrastructure TGP0034AU RARE Infrastructure Value - Unhedged 2 International Equity: Infrastructure MAQ0825AU Macquarie International Infrastructure Securities (unhedged) International Equity: Infrastructure MAQ0432AU Macquarie International Infrastructure Securities 2 International Equity: Infrastructure AMP1179AU AMP Capital Core Infrastructure (Class A) 2 International Equity: Infrastructure MGE0002AU Magellan Infrastructure 2 International Equity: Infrastructure MGE0006AU Magellan Infrastructure (Unhedged) 2 International Equity: Infrastructure MPL0006AU Maple-Brown Abbott Global Listed Infrastructure International Equity: Infrastructure MPL0008AU Maple-Brown Abbott Global Listed Infrastructure Hedged International Equity: Infrastructure HFL0108AU Ironbark LHP Global Long/Short 2 3 International Equity: Long/Short N/A N/A N/A PLA0002AU Platinum (Wholesale) International 2 3 International Equity: Long/Short PLA0100AU Platinum International Brands 2 3 International Equity: Long/Short PMC0100AU PM CAPITAL Global Companies 2 3 International Equity: Long/Short IOF0045AU Antipodes Global 2 International Equity: Long/Short MUA0002AU Munro Global Growth 2 3 International Equity: Long/Short Investment Menu 18

19 Managed investment funds APIR Code Managed Investment Name Category Management cost % pa (gross of management fee rebate) Management fee rebate % pa DPM 1 Ongoing costs pa Transaction and Operational costs not recovered by buy-sell spreads % pa Borrowing (gearing) costs % pa Costs when money moves in and out of the fund Buy spread % Sell spread % Colonial First State Wholesale Global Resources FSF0038AU International Equity: Resources DFA0106AU Dimensional Global Small Company Trust 5 International Equity: Smaller Companies N/A PCL0022AU Pengana Global Small Companies 2 International Equity: Smaller Companies ETL0365AU Paradice Global Small MidCap 2 International Equity: Smaller Companies bps N/A MGE0005AU Magellan High Conviction 2 9 International Equity: Concentrated WHT0008AU Spheria Australian Smaller Companies 2 Australian Equity: Smaller Companies ETL0458AU PIMCO Income Fixed interest: Specialist N/A - - FSF0975AU RealIndex Global Share Class A - Hedged International Equity: Large Companies FSF0974AU RealIndex Global Share Class A - Unhedged International Equity: Large Companies ARO0006AU Carnegie Worldwide Equity Trust 3 International Equity: Large Companies FSF1240AU Acadian Global Managed Volatility Equity - Class A International Equity: Large Companies PER0733AU Perpetual Wholesale Global Share 2 International Equity: Large Companies PER0752AU Perpetual Wholesale Global Share (Hedged) 2 International Equity: Large Companies PLA0006AU Platinum Unhedged 2 3 International Equity: Large Companies ETL0419AU Pan Tribal Global Equity International Equity: Large Companies PPL0036AU Intermede Global Equities International Equity: Large Companies LAZ0012AU Lazard Global Small Cap (W Class) International Equity: Smaller Companies FSF1086AU Aspect Diversified Futures 2 3 Alternatives: Hedge s HFL0104AU Ironbark LHP Diversified Investment 3 Alternatives: Hedge s N/A N/A N/A ETL0134AU Aberdeen Standard Absolute Return Global Bond Strategies Alternatives: Hedge s N/A - N/A N/A N/A N/A MAQ0482AU Winton Global Alpha 2 3 Alternatives: Hedge s MAN0002AU Man Alpha AHL 2 3 Alternatives: Hedge s N/A - - GTU0109AU Invesco Wholesale Global Targeted Returns - Class A 3 Alternatives: Hedge s N/A PER0758AU JPMorgan Global Macro Opportunities Alternatives: Hedge s ECL0013AU Ellerston Australian Market Neutral 2 3 Alternatives: Hedge s ETL0276AU Partners Group Global Value (AUD) - Wholesale Alternatives: Private Equity Investment Menu 19