contents List of Funds Message by Chief Executive Officer Market review & investment outlook Notes to the fund disclosures

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2 contents List of Funds Message by Chief Executive Officer Market review & investment outlook Notes to the fund disclosures Aberdeen Asset Management Asia Limited Aberdeen Global Asia Pacific Equity Fund Aberdeen Global Asian Local Currency Short Duration Bond Fund Aberdeen Global Australasian Equity Fund Aberdeen Global Chinese Equity Fund Aberdeen Global Indian Equity Fund Aberdeen Global Select Emerging Markets Bond Fund Aberdeen Select Portfolio Aberdeen India Opportunities Fund Aberdeen Select Portfolio Aberdeen Pacific Equity Fund Aberdeen Select Portfolio Aberdeen Singapore Equity Fund Aberdeen Select Portfolio Aberdeen Thailand Equity Fund AllianceBernstein (Singapore) Ltd AllianceBernstein Developed Markets MultiAsset Income Portfolio AllianceBernstein Dynamic Diversified Portfolio AllianceBernstein Global Equity Blend Portfolio AllianceBernstein Global Growth Trends Portfolio AllianceBernstein Global Value Portfolio AllianceBernstein US Thematic Research Portfolio Allianz Global Investors Singapore Limited Allianz Global Investors Fund Allianz China Equity Fund (SGD) Allianz Global Investors Fund Allianz Global Sustainability Fund Allianz Global Investors Fund Allianz Oriental Income Fund (SGD) Amundi Singapore Limited Amundi Funds Absolute Volatility Arbitrage Amundi Funds Absolute Volatility World Equities Amundi Funds Bond Global Amundi Islamic Amundi Islamic BRIC Quant Aviva Investors Asia Pte Ltd Aviva Investors Asian Equity Income Fund Aviva Investors Emerging Europe Equity Fund Aviva Investors Emerging Markets Equity Income Fund i

3 BlackRock (Singapore) Limited BlackRock Global Funds Global SmallCap Fund BlackRock Global Funds Latin American Fund BlackRock Global Funds New Energy Fund BlackRock Global Funds United Kingdom Fund BlackRock Global Funds World Gold Fund BlackRock Global Funds World Mining Fund BNP Paribas Investment Partners Singapore Limited Parvest Bond Best Selection World Emerging Parvest Bond Euro Parvest Bond World Parvest Equity Brazil Parvest Equity Russia Parvest Equity World Materials Parvest Global Environment Parvest Money Market Euro Parvest Money Market USD Deutsche Asset Management (Asia) Limited Deutsche Noor Precious Metals Securities Fund Deutsche Singapore Equity Fund DWS Global Agribusiness FIL Investment Management (Singapore) Limited Fidelity Funds ASEAN Fund Fidelity Funds Asian Special Situations Fund Fidelity Funds Euro Blue Chip Fund Fidelity Funds Euro Stoxx 50 Fund Fidelity Funds European Growth Fund Fidelity Funds European High Yield Fund Fidelity Funds Fidelity Portfolio Selector (FPS) Global Growth Fund Fidelity Funds Global Financial Services Fund Fidelity Funds Global Technology Fund Fidelity Funds Global Telecommunications Fund Fidelity Funds Growth & Income Fund Fidelity Funds International Bond Fund Fidelity Funds Korea Fund Fidelity Funds Pacific Fund Fidelity Funds Sterling Bond Fund Fidelity Funds Taiwan Fund Fidelity Funds United Kingdom Fund Fidelity Funds US Dollar Bond Fund ii

4 First State Investments (Singapore) First State Regional China Fund First State Singapore Growth Fund Henderson Global Investors Henderson Horizon Fund (HHF) Euroland Fund Henderson Horizon Fund (HHF) Global Property Equities Fund Henderson Horizon Fund (HHF) Global Technology Fund Henderson Horizon Fund (HHF) Japanese Opportunities Fund Henderson Horizon Fund (HHF) Pan European Equity Fund Henderson Horizon Fund (HHF) Pan European Property Equities Fund JPMorgan Asset Management (Singapore) Ltd JPMorgan Funds Emerging Europe, Middle East and Africa Equity Fund JPMorgan Funds Emerging Middle East Equity Fund JPMorgan Funds Global Dynamic Fund JPMorgan Funds Global Natural Resources Fund JPMorgan Funds JF India Fund JPMorgan Funds JF Taiwan Fund Jupiter Asset Management Jupiter Global Fund Jupiter European Growth Jupiter Global Fund Jupiter Global Ecology Growth Jupiter Global Fund Jupiter Global Financials Jupiter Global Fund Jupiter India Select Legg Mason Asset Management Singapore Pte Limited Legg Mason QS MV European Equity Growth and Income Fund Legg Mason Western Asset Asian Opportunities Fund MFS Investment Management Massachusetts Financial Services (MFS) Meridian Funds Global Equity Fund NN Investment Partners (Singapore) Ltd NN (L) Euro Equity NN (L) Euromix Bond PIMCO Asia Pte Ltd PIMCO Funds: Global Investors Series PLC (GIS plc) Emerging Markets Bond Fund PIMCO Funds: Global Investors Series PLC (GIS plc) Global Bond Fund PIMCO Funds: Global Investors Series PLC (GIS plc) Global Real Return Fund PIMCO Funds: Global Investors Series PLC (GIS plc) Total Return Bond Fund PIMCO Funds: Global Investors Series PLC (GIS plc) US High Yield Bond Fund iii

5 Schroder Investment Management (Singapore) Ltd Schroder Asian Growth Fund Schroder Global Emerging Market Opportunities Fund Schroder International Selection Fund (ISF) Asian Bond Absolute Return Schroder International Selection Fund (ISF) BRIC Schroder International Selection Fund (ISF) Emerging Markets Schroder International Selection Fund (ISF) Middle East Schroder International Selection Fund (ISF) UK Equity Schroder Multi Asset Revolution Templeton Asset Management Ltd Franklin Templeton Investment Funds (FTIF) Franklin Biotechnology Discovery Fund Franklin Templeton Investment Funds (FTIF) Franklin European SmallMid Cap Growth Fund Franklin Templeton Investment Funds (FTIF) Franklin Global Real Estate Fund Franklin Templeton Investment Funds (FTIF) Franklin Mutual Beacon Fund Franklin Templeton Investment Funds (FTIF) Franklin Mutual Global Discovery Fund Franklin Templeton Investment Funds (FTIF) Franklin Strategic Income Fund Franklin Templeton Investment Funds (FTIF) Templeton Asian Growth Fund Franklin Templeton Investment Funds (FTIF) Templeton European Fund Franklin Templeton Investment Funds (FTIF) Templeton Global Fund Franklin Templeton Investment Funds (FTIF) Templeton Global Bond Fund Franklin Templeton Investment Funds (FTIF) Templeton Global Income Fund Franklin Templeton Investment Funds (FTIF) Templeton Global Total Return Fund (EUR) Franklin Templeton Investment Funds (FTIF) Templeton Global Total Return Fund (USD) Franklin Templeton Investment Funds (FTIF) Templeton Latin America Fund Threadneedle Investments Threadneedle Investment Funds (TIF) Threadneedle American Fund Threadneedle Investment Funds (TIF) Threadneedle Asia Fund Threadneedle Investment Funds (TIF) Threadneedle Emerging Markets Bond Fund Threadneedle Investment Funds (TIF) Threadneedle Global Bond Fund Threadneedle Investment Funds (TIF) Threadneedle Pan European Fund Threadneedle Specialist Investment Funds (TSIF) Threadneedle Target Return Fund UOB Asset Management Ltd GrowthPath Portfolios GrowthPath Today GrowthPath Portfolios GrowthPath 2020 GrowthPath Portfolios GrowthPath 2030 GrowthPath Portfolios GrowthPath 2040 United Emerging Markets Bond Fund United SGD Fund iv

6 Financial Statements Capital Account for year ended 30 June 2015 Statement of Assets & Liabilities as at 30 June 2015 Notes to the Financial Statements Independent Auditor's Report Note: Past performance is not necessarily indicative of future performance. The value of the units in the subfund and income accruing to the units, if any, may fall as well as rise. v

7 list of funds Funds available under Global Investment Account and Global Savings Account Aberdeen Asset Management Asia Limited Aberdeen Global Asia Pacific Equity Fund Aberdeen Global Asian Local Currency Short Duration Bond Fund Aberdeen Global Australasian Equity Fund Aberdeen Global Chinese Equity Fund Aberdeen Global India Equity Fund Aberdeen Global Select Emerging Markets Bond Fund Aberdeen Select Portfolio Aberdeen Thailand Equity Fund AllianceBernstein (Singapore) Ltd AllianceBernstein Developed Markets MultiAsset Income Portfolio AllianceBernstein Dynamic Diversified Portfolio AllianceBernstein Global Equity Blend Portfolio AllianceBernstein Global Growth Trends Portfolio AllianceBernstein Global Value Portfolio AllianceBernstein US Thematic Research Portfolio Allianz Global Investors Singapore Limited Allianz Global Investors Fund Allianz Global Sustainability Fund Amundi Singapore Limited Amundi Funds Absolute Volatility Arbitrage Amundi Funds Absolute Volatility World Equities Amundi Funds Bond Global Amundi Islamic Amundi Islamic BRIC Quant Aviva Investors Asia Pte Ltd Aviva Investors Asian Equity Income Fund Aviva Investors Emerging Europe Equity Fund Aviva Investors Emerging Markets Equity Income Fund BlackRock (Singapore) Limited BlackRock Global Funds Global SmallCap Fund BlackRock Global Funds Latin American Fund BlackRock Global Funds New Energy Fund BlackRock Global Funds United Kingdom Fund BlackRock Global Funds World Gold Fund BlackRock Global Funds World Mining Fund 1

8 BNP Paribas Investment Partners Singapore Limited Parvest Bond Best Selection World Emerging Parvest Bond Euro Parvest Bond World Parvest Equity Brazil Parvest Equity Russia Parvest Equity World Materials Parvest Global Environment Parvest Money Market Euro Parvest Money Market USD Deutsche Asset Management (Asia) Limited Deutsche Noor Precious Metals Securities Fund Deutsche Singapore Equity Fund DWS Global Agribusiness FIL Investment Management (Singapore) Limited Fidelity Funds Asian Special Situations Fund Fidelity Funds Euro Blue Chip Fund Fidelity Funds Euro Stoxx 50 Fund Fidelity Funds European Growth Fund Fidelity Funds European High Yield Fund Fidelity Funds Fidelity Portfolio Selector (FPS) Global Growth Fund Fidelity Funds Global Financial Services Fund Fidelity Funds Global Technology Fund Fidelity Funds Global Telecommunications Fund Fidelity Funds Growth & Income Fund Fidelity Funds International Bond Fund Fidelity Funds Korea Fund Fidelity Funds Pacific Fund Fidelity Funds Sterling Bond Fund Fidelity Funds Taiwan Fund Fidelity Funds United Kingdom Fund Fidelity Funds US Dollar Bond Fund First State Investments (Singapore) First State Regional China Fund First State Singapore Growth Fund 2

9 Henderson Global Investors Henderson Horizon Fund (HHF) Euroland Fund Henderson Horizon Fund (HHF) Global Property Equities Fund Henderson Horizon Fund (HHF) Global Technology Fund Henderson Horizon Fund (HHF) Japanese Opportunities Fund Henderson Horizon Fund (HHF) Pan European Property Equities Fund JPMorgan Asset Management (Singapore) Ltd JPMorgan Funds Emerging Europe, Middle East and Africa Equity Fund JPMorgan Funds Emerging Middle East Equity Fund JPMorgan Funds Global Dynamic Fund JPMorgan Funds Global Natural Resources Fund JPMorgan Funds JF India Fund JPMorgan Funds JF Taiwan Fund Jupiter Asset Management Jupiter Global Fund Jupiter European Growth Jupiter Global Fund Jupiter Global Ecology Growth Jupiter Global Fund Jupiter Global Financials Jupiter Global Fund Jupiter India Select Legg Mason Asset Management Singapore Pte Limited Legg Mason QS MV European Equity Growth and Income Fund MFS Investment Management Massachusetts Financial Services (MFS) Meridian Funds Global Equity Fund NN Investment Partners (Singapore) Ltd NN (L) Euro Equity NN (L) Euromix Bond PIMCO Asia Pte Ltd PIMCO Funds: Global Investors Series PLC (GIS plc) Emerging Markets Bond Fund PIMCO Funds: Global Investors Series PLC (GIS plc) Global Bond Fund PIMCO Funds: Global Investors Series PLC (GIS plc) Global Real Return Fund PIMCO Funds: Global Investors Series PLC (GIS plc) Total Return Bond Fund PIMCO Funds: Global Investors Series PLC (GIS plc) US High Yield Bond Fund 3

10 Schroder Investment Management (Singapore) Ltd Schroder Asian Growth Fund Schroder International Selection Fund (ISF) Asian Bond Absolute Return Schroder International Selection Fund (ISF) BRIC Schroder International Selection Fund (ISF) Emerging Markets Schroder International Selection Fund (ISF) Middle East Schroder International Selection Fund (ISF) UK Equity Templeton Asset Management Ltd Franklin Templeton Investment Funds (FTIF) Franklin Biotechnology Discovery Fund Franklin Templeton Investment Funds (FTIF) Franklin European SmallMid Cap Growth Fund Franklin Templeton Investment Funds (FTIF) Franklin Global Real Estate Fund Franklin Templeton Investment Funds (FTIF) Franklin Mutual Beacon Fund Franklin Templeton Investment Funds (FTIF) Franklin Strategic Income Fund Franklin Templeton Investment Funds (FTIF) Templeton Asian Growth Fund Franklin Templeton Investment Funds (FTIF) Templeton European Fund Franklin Templeton Investment Funds (FTIF) Templeton Global Fund Franklin Templeton Investment Funds (FTIF) Templeton Global Income Fund Franklin Templeton Investment Funds (FTIF) Templeton Global Total Return Fund (EUR) Franklin Templeton Investment Funds (FTIF) Templeton Global Total Return Fund (USD) Franklin Templeton Investment Funds (FTIF) Templeton Latin America Fund Threadneedle Investments Threadneedle Investment Funds (TIF) Threadneedle American Fund Threadneedle Investment Funds (TIF) Threadneedle Asia Fund Threadneedle Investment Funds (TIF) Threadneedle Emerging Markets Bond Fund Threadneedle Investment Funds (TIF) Threadneedle Global Bond Fund Threadneedle Investment Funds (TIF) Threadneedle Pan European Fund Threadneedle Specialist Investment Funds (TSIF) Threadneedle Target Return Fund UOB Asset Management Ltd GrowthPath Portfolios GrowthPath Today GrowthPath Portfolios GrowthPath 2020 GrowthPath Portfolios GrowthPath 2030 GrowthPath Portfolios GrowthPath 2040 United SGD Fund 4

11 Funds available under LifetimeFlexi Aberdeen Asset Management Asia Limited Aberdeen Select Portfolio Aberdeen India Opportunities Fund Aberdeen Select Portfolio Aberdeen Pacific Equity Fund Aberdeen Select Portfolio Aberdeen Singapore Equity Fund Allianz Global Investors Singapore Limited Allianz Global Investors Fund Allianz China Equity Fund (SGD) Allianz Global Investors Fund Allianz Oriental Income Fund (SGD) BlackRock (Singapore) Limited BlackRock Global Funds Latin American Fund BlackRock Global Funds World Gold Fund BlackRock Global Funds World Mining Fund FIL Investment Management (Singapore) Limited Fidelity Funds ASEAN Fund First State Investments (Singapore) First State Regional China Fund First State Singapore Growth Fund Henderson Global Investors Henderson Horizon Fund (HHF) Global Property Equities Fund Henderson Horizon Fund (HHF) Global Technology Fund Henderson Horizon Fund (HHF) Pan European Equity Fund Legg Mason Asset Management Singapore Pte Limited Legg Mason Western Asset Asian Opportunities Fund PIMCO Asia Pte Ltd PIMCO Funds: Global Investors Series PLC (GIS plc) Global Bond Fund PIMCO Funds: Global Investors Series PLC (GIS plc) Total Return Bond Fund Schroder Investment Management (Singapore) Ltd Schroder Global Emerging Market Opportunities Fund Schroder Multi Asset Revolution Templeton Asset Management Ltd Franklin Templeton Investment Funds (FTIF) Franklin Mutual Global Discovery Fund Franklin Templeton Investment Funds (FTIF) Templeton Global Bond Fund Franklin Templeton Investment Funds (FTIF) Templeton Global Total Return Fund (USD) UOB Asset Management Ltd United Emerging Markets Bond Fund United SGD Fund 5

12 ceo message by Nishit Majmudar Dear customer, Thank you for your trust in Aviva. We are pleased to present you with our annual ILP funds report. We trust you will find this report beneficial. We will continue to review our fund offerings on a regular basis to ensure we can always give you a good mix of funds to choose from, and to help you grow your investments over the long term. To ensure you are on track towards your financial goals, we encourage you to evaluate your portfolio regularly with your preferred financial adviser. Thank you for choosing Aviva. Mr. Nishit Majmudar Chief Executive Officer Aviva Singapore 6

13 market review and investment outlook by Aviva Investors Asia Pte Limited Global bonds review Over the first half of 2015, the Barclays Global Aggregate Bond Index returned 3.1% in USD terms and 0.39% in USD hedged terms. Falling inflation, weakening economic data, dovish statements from the Fed and the commencement of bond purchases by the European Central Bank all created a very supportive environment for international bonds in the first quarter. Many central banks around the world eased monetary policy to combat deflation and weaken their currencies. With government bond yields hitting record lows, the continuing search for yield meant lower quality corporate bonds outperformed. This was reversed in the second quarter as economic data strengthened and the likelihood of interest rate hikes increased. The selloff in core European government bonds, such as German bunds, was largely a correction from excessive valuations as a result of European Central Bank stimulus measures but this was exacerbated by stronger Eurozone economic data. Peripheral bond markets fared no better as investors remained concerned about the ramifications of a Greek exit from the euro zone. The situation has called into question the economic stability of the entire region sharing the single currency and there are fears that a Greek exit or collapse could spread instability to more consequential peripheral economies like those of Italy or Spain. Meanwhile in the US, very high corporate bond issuance and stronger economic data caused a supply overhang in US Treasuries and associated price weakness. Japanese government bonds sold off amid signs that domestic institutional investors had been diversifying into overseas bond markets. Global equities review Global equities climbed as loose monetary policy continued to add to the lure of riskier assets. The rally was spearheaded by developed markets. Japan paced the rally, thanks in part to a further softening of the yen. European stocks advanced as the European Central Bank finally implemented quantitative easing, but they fell in June amid growing uncertainty as to the outcome of talks between Greece and its international creditors. Asian and emerging market equities made modest progress but further evidence of a deteriorating economic backdrop in major emerging economies, notably China and Brazil, proved a headwind. US stocks were overshadowed by speculation that a US interest rate rise is in the pipeline. Outlook We expect the situation in Europe to set the tone for global fixed income markets going forward. If Greece were to exit the monetary union, this would be negative for peripheral markets but positive for German bunds, US treasuries and UK gilts as investors would likely make a run for traditional safe haven assets. Although we believe European authorities will act to prevent contagion and don t think markets will go into meltdown. As markets enter a period of heightened uncertainty, in the short to mediumterm we would consider any severe weakness in peripheral bonds a great buying opportunity. Market volatility is likely to increase as a resolution unfolds, therefore timing will be key and we will be looking for opportune moments to open and close trades. 7

14 We believe the world economic outlook remains broadly favourable with global output set to expand at close to its trend pace this year and next. The US economy has rebounded reasonably strongly following an unexpectedly sharp slowdown in the first quarter, while there are signs of improvement in Europe and Japan too. Although there is ongoing uncertainty surrounding Greece, our central case is that aggressive action by European authorities will prevent these problems from affecting other countries within the euro zone. Having said that, there are material risks in the event this is not the case. Developed economies lead the way The US central bank looks poised to raise rates for the first time in more than nine years in response to the recent pickup in domestic economic data. The downturn seen at the start of the year looks to have been either temporary or a statistical blip. Certainly, there have been plenty of other signals that suggest the US economy is in better shape. In particular, two areas that the Federal Reserve (Fed) deems especially important the jobs market and monetary trends have painted a markedly more upbeat picture. European economic data has also strengthened steadily in recent months, after the ECB s belated introduction of quantitative easing helped underpin confidence. The central bank s action, by weakening the euro, has provided a boost to the region s exporters. The world is learning to deal with a new norm: a slowing Chinese economy. While output this year is likely to increase by around seven per cent, this would be the slowest rate of growth seen since But this deceleration is an evolutionary process and not a cause for major concern. US rate risks We believe the Fed is right to consider raising interest rates. It may well be that not much tightening of policy is required. But not moving soon would, in our view, be a mistake. While there is a risk that longer term market interest rates in the US could rise significantly, both the domestic economy and riskier asset classes should be able to withstand this. After all, the rise in rates is being driven by firmer economic data. That said, we cannot rule out the possibility that a sudden surge in rates, augmented by reduced liquidity in US fixed income markets, could hit confidence sufficiently to negatively affect risk assets. That could potentially have detrimental effects on global activity. We view such an event as unlikely unless the Fed is pressed into tightening policy more aggressively by a sharper rise in US inflation than is currently anticipated. Such an event would clearly have a negative impact on emerging nations as capital outflows could drive asset prices lower and lead to currencies weakening against the dollar. Few emerging economies would be immune, although China, India and Russia have historically shown markedly less sensitivity to developments in US financial markets than other emerging economies. 8

15 Cautious optimism The outlook for riskier assets in general and shares in particular, remains moderately favourable. But given that many equity markets still close to record highs, shares are no longer cheap, particularly since it appears they will soon have to contend with higher US interest rates. We favour Japanese and European shares. Both will continue to be supported by the actions of the Bank of Japan and European Central Bank. US stocks look relatively more expensive given the outlook for US interest rates and the strength of the dollar. Emerging market equities also look vulnerable given the likelihood the dollar will continue to appreciate. We believe prospects for corporate bonds are mildly positive. Although the ongoing hunt for additional returns has pushed yields, relative to those available from government bonds, to their lowest level for some time, companies balance sheets are generally in healthy shape. As for government bonds, yields remain unattractive despite a selloff seen in many markets in recent months. 9

16 notes to the fund disclosures 1 Fund performance Fund performance figures are presented as at 30 June 2015; on bidtobid basis with dividends reinvested at the bid price and in the ILP fund currency terms. Source of fund performance and benchmark performance Fund Manager of Underlying Fund 2 Top 10 holdings Top 10 Holdings are presented as at 30 June 2015 and 30 June In the event that these holdings are not available as at the date of this report, they will be represented by the latest available information. 3 Expense ratio Expense ratios are presented for the 12 months ended 30 June 2015 and for the 12 months ended 30 June In the event that these ratios are not available as at the date of this report, they will be represented by the latest available period of information. The expense ratio does not include (where applicable) charges for insurance coverage, brokerage and other transaction costs, performance fee, foreign exchange gains or losses, front or back end loads arising from the purchase or sale of collective investment schemes and tax deducted at source or arising out of income received. 4 Turnover ratio Turnover ratios are presented for the 12 months ended 30 June 2015 and for the 12 months ended 30 June In the event that these ratios are not available as at the date of this report, they will be represented by the latest available period of information. The turnover ratio is calculated based on the following formula: [(Purchases of securities + Sales of securities) (Subscriptions of units + Redemptions of units)] / (Average Fund Value over 12 months) x 100 Based on the above, turnover ratio may be negative should the sum of total subscriptions and redemptions be more than the sum of total purchases and sales of securities. The turnover ratio may also be zero if there was no purchase of securities for the reporting period. 10

17 Aberdeen Asset Management Asia Limited Aberdeen Global Asia Pacific Equity Fund Investments in Collective Investment Schemes Aberdeen Global Asia Pacific Equity Fund, an ILP subfund, feeds 100% into the underlying Luxembourg registered Aberdeen Global Asia Pacific Equity Fund (Class A Accumulation). 6,645, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 USD Subscriptions 2,154,062 Redemptions (1,227,388) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year 3 Years* 5 Years* 10 Years* Aberdeen Global Asia Pacific Equity Fund Benchmark: MSCI AC Asia Asia Pacific ex Japan TR USD * Annualised Performance Since Inception* (26 Apr 1988) 1.97% 1.02% 3.82% 4.28% 5.45% 8.86% 10.33% 0.93% 3.50% 0.48% 8.75% 7.86% 9.06% 8.81% 11

18 Underlying Fund: Aberdeen Global Asia Pacific Equity Fund (Class A Accumulation) Top 10 Holdings as at 30 June 2015 ABERDEEN GLOBAL INDIAN EQUITY FUND^ SAMSUNG ELECTRONICS OVERSEACHINESE BANKING CORP JARDINE STRATEGIC HOLDINGS HSBC HOLDINGS STANDARD CHARTERED AIA GROUP TSMC CITY DEVELOPMENTS QBE INSURANCE Top 10 Holdings as at 30 June 2014 ABERDEEN GLOBAL INDIAN EQUITY FUND^ JARDINE STRATEGIC HOLDINGS SAMSUNG ELECTRONICS OVERSEACHINESE BANKING CORP HSBC HOLDINGS CITY DEVELOPMENTS AIA GROUP TSMC RIO TINTO BHP BILLITON ^ Fund is not authorised for public sale in Singapore. 659,951, ,518, ,319, ,235, ,476, ,331, ,114, ,600, ,788, ,675, ,112, ,787, ,534, ,772, ,192, ,956, ,323, ,431, ,630, ,960, % 4.92% 4.86% 4.55% 3.81% 3.45% 3.45% 3.29% 3.06% 2.99% 9.97% 4.67% 4.49% 4.07% 3.45% 3.39% 3.36% 3.35% 3.31% 3.29% Expense Ratio Turnover Ratio 31 March March % 1.97% 31 March March % 57.99% Other Material Information 12

19 Aberdeen Asset Management Asia Limited Aberdeen Global Asian Local Currency Short Duration Bond Fund Investments in Collective Investment Schemes Aberdeen Global Asian Local Currency Short Duration Bond Fund, an ILP subfund, feeds 100% into the underlying Luxembourg registered Aberdeen Global Asian Local Currency Short Duration Bond Fund (Class A2 Accumulation). 176, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 USD Subscriptions 39,217 Redemptions (60,372) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year 3 Years* 5 Year* 10 Years* Aberdeen Global Asian Local Currency Short Duration Bond Fund Benchmark: iboxx PanAsia (Ex China) to 28 Feb 2011, iboxx Asia ex Japan Sovereign 13 years thereafter * Annualised Performance Since Inception* (1 Mar 2006) 0.11% 0.75% 3.57% 0.31% 1.48% NA 2.62% 0.20% 0.30% 3.02% 1.13% 2.89% NA 4.98% 13

20 Underlying Fund: Aberdeen Global Asian Local Currency Short Duration Bond Fund (Class A2 Accumulation) Top 10 Holdings as at 30 June 2015 KOREA (REP OF) 2.75% 10/09/ KRW KOREA (REP OF) 3.5% 10/03/ KRW CHINA (PEOPLES REP OF) 1.4% 18/08/16 REGS CNH MALAYSIAN (GOVT OF) 3.172% 15/07/ MYR BANK OF THAILAND BOND 3.05% 23/07/16 3YEAR THB SINGAPORE (REP OF) 0.5% 01/04/18 SGD MALAYSIAN (GOVT OF) 3.314% 31/10/ MYR THAILAND (KING OF) 3.875% 13/06/19 THB INDIA (GOVT OF) 8.12% 10/12/20 INR KOREA (REP OF) 3% 10/12/ KRW 58,586,880 55,499,772 36,836,085 29,200,197 27,425,960 26,345,347 21,360,813 21,179,726 20,275,829 17,237, % 8.10% 5.37% 4.26% 4.00% 3.84% 3.12% 3.09% 2.96% 2.52% Top 10 Holdings as at 30 June 2014 KOREA MONETARY STAB BOND 2.76% 02/06/15 KOREA (REP OF) 3.25% 10/06/15 KOREA MONETARY STAB BOND 2.47% 02/04/15 KOREA MONETARY STAB BOND 2.84% 02/12/14 CHINA (PEOPLES REP OF) 1.4% 18/08/16 MALAYSIAN (GOVT OF) 3.314% 31/10/17 MALAYSIAN (GOVT OF) 3.172% 15/07/16 MALAYSIAN (GOVT OF) 3.197% 15/10/15 INDIA (GOVT OF) 8.12% 10/12/20 KOREA (REP OF) 3.5% 10/03/17 60,507,984 54,790,542 39,741,950 36,689,809 36,616,443 34,200,012 34,171,224 25,579,481 20,749,576 20,393, % 7.61% 5.52% 5.09% 5.08% 4.75% 4.74% 3.55% 2.88% 2.83% Expense Ratio Turnover Ratio Other Material Information For the 12 months ended 31 March % For the 12 months ended 31 March % For the 12 months ended 31 March % For the 12 months ended 31 March % 14

21 Aberdeen Asset Management Asia Limited Aberdeen Global Australasian Equity Fund Investments in Collective Investment Schemes Aberdeen Global Australasian Equity Fund, an ILP subfund, feeds 100% into the underlying Luxembourg registered Aberdeen Global Australasian Equity Fund (Class A Accumulation). Market Value AUD 365, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 AUD Subscriptions 48,138 Redemptions (73,088) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year 3 Years* 5 Years* 10 Years* Aberdeen Global Australasian Equity Fund Benchmark: ASX All Ordinaries TR * Annualised Performance Since Inception* (26 Apr 1988) 5.69% 4.99% 8.77% 11.33% 6.82% 5.76% 7.26% 6.25% 3.32% 5.67% 14.47% 9.35% 7.01% 9.47% 15

22 Underlying Fund: Aberdeen Global Australasian Equity Fund (Class A Accumulation) Top 10 Holdings as at 30 June 2015 BHP BILLITON COMMONWEALTH BANK OF AUSTRALIA AUSTRALIA & NEW ZEALAND BANK AUSTRALIAN STOCK EXCHANGE CSL AMP TELSTRA RIO TINTO AGL ENERGY WESTPAC BANK Top 10 Holdings as at 30 June 2014 BHP BILLITON RIO TINTO AUSTRALIA & NEW ZEALAND BANK COMMONWEALTH BANK OF AUSTRALIA SINGAPORE TELECOMMUNICATIONS WOOLWORTHS AUSTRALIAN STOCK EXCHANGE CSL AMP WESTPAC BANK Market Value AUD 4,643,714 4,197,649 3,994,159 3,648,000 3,522,672 3,391,257 3,384,666 3,369,723 3,135,600 3,047,446 Market Value AUD 6,195,492 3,986,892 3,870,774 3,833,192 3,409,890 3,266,175 3,179,527 3,056,940 2,962,050 2,948, % 6.10% 5.81% 5.31% 5.12% 4.93% 4.92% 4.90% 4.56% 4.43% 9.69% 6.24% 6.05% 5.99% 5.33% 5.11% 4.97% 4.78% 4.63% 4.61% Expense Ratio Turnover Ratio Other Material Information For the 12 months ended 31 March % For the 12 months ended 31 March % For the 12 months ended 31 March % For the 12 months ended 31 March % 16

23 Aberdeen Asset Management Asia Limited Aberdeen Global Chinese Equity Fund Investments in Collective Investment Schemes Aberdeen Global Chinese Equity Fund, an ILP subfund, feeds 100% into the underlying Luxembourg registered Aberdeen Global Chinese Equity Fund (Class A Accumulation). 2,248, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 USD Subscriptions 508,885 Redemptions (513,559) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Since Inception* Fund / Benchmark 3 Months 6 Months 1 Year 3 Years* 5 Years* 10 Years* (27 Apr 1992) Aberdeen Global Chinese Equity Fund 4.15% 7.34% 3.06% 3.86% 4.93% 8.31% 12.27% Benchmark: MSCI Zhong Hua Index 5.97% 13.86% 20.67% 15.41% 9.16% 15.43% NA^ * Annualised Performance Aberdeen Global Chinese Equity Fund was created as a sub fund of Aberdeen Global on 24 March 2006 by Aberdeen International China Opportunities Fund launched on 27 April ^MSCI Zhong Hua Index was the benchmark since October 2007, previous benchmark was MSCI China Index. Performance of the Composite Index is unavailable from 27 April

24 Underlying Fund: Aberdeen Global Chinese Equity Fund (Class A Accumulation) Top 10 Holdings as at 30 June 2015 JARDINE STRATEGIC HOLDINGS AIA GROUP CHINA MERCHANTS BANK SWIRE PACIFIC (A+B) HSBC HOLDINGS MTR CHINA VANKE CHINA MOBILE HANG LUNG GROUP/PROPERTIES PETROCHINA Top 10 Holdings as at 30 June 2014 JARDINE STRATEGIC HOLDINGS SWIRE PACIFIC (A+B) AIA GROUP HSBC HOLDINGS MTR HANG LUNG GROUP/PROPERTIES PETROCHINA CNOOC STANDARD CHARTERED CHINA MOBILE 89,602,947 70,476,548 62,348,878 62,059,611 62,122,907 60,167,434 56,430,387 52,368,261 52,044,849 46,738, ,223, ,034, ,588, ,039, ,185, ,829, ,323, ,082,817 81,683,233 79,618, % 4.82% 4.26% 4.25% 4.24% 4.12% 3.86% 3.58% 3.56% 3.20% 8.31% 5.71% 5.53% 5.01% 4.81% 4.61% 4.44% 3.51% 3.36% 3.27% Expense Ratio Turnover Ratio Other Material Information For the 12 months ended 31 March % For the 12 months ended 31 March % For the 12 months ended 31 March % For the 12 months ended 31 March % 18

25 Aberdeen Asset Management Asia Limited Aberdeen Global Indian Equity Fund Investments in Collective Investment Schemes Aberdeen Global Fund Indian Equity Fund, an ILP subfund, feeds 100% into the underlying Luxembourg registered Aberdeen Global Indian Equity Fund (Class A Accumulation). 3,781, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions USD 1,340,981 (887,823) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Since Inception* Fund / Benchmark 3 Months 6 Months 1 Year 3 Years* 5 Years* 10 Years* (2 Dec 1996) Aberdeen Global Indian Equity Fund 3.16% 2.51% 13.44% 15.30% 8.51% 12.64% 15.26% Benchmark: MSCI India TR USD 3.61% 1.59% 3.26% 11.97% 2.48% 10.57% 11.47% * Annualised Performance Aberdeen Global Indian Equity Fund was created as a sub fund of Aberdeen Global on 24 March 2006 by Aberdeen International India Opportunities Fund launched on 2 December

26 Underlying Fund: Aberdeen Global Indian Equity Fund (Class A Accumulation) Top 10 Holdings as at 30 June 2015 HDFC TATA CONSULTANCY SERVICES INFOSYS ICICI BANK BOSCH ITC GODREJ CONSUMER PRODUCTS HINDUSTAN UNILEVER CONTAINER CORPORATION AMBUJA CEMENTS Top 10 Holdings as at 30 June 2014 HDFC TATA CONSULTANCY SERVICES INFOSYS ICICI BANK BOSCH HERO MOTOCORP ITC CONTAINER CORPORATION AMBUJA CEMENTS HINDUSTAN UNILEVER 441,479, ,640, ,428, ,285, ,038, ,393, ,162, ,365, ,790, ,143, ,084, ,526, ,030, ,286, ,433, ,434, ,363, ,204, ,044, ,007, % 7.03% 6.22% 6.22% 4.80% 4.56% 4.00% 3.86% 3.74% 3.73% 9.04% 8.10% 6.94% 5.89% 5.41% 4.89% 4.34% 4.24% 3.69% 3.61% Expense Ratio Turnover Ratio Other Material Information For the 12 months ended 31 March % For the 12 months ended 31 March % For the 12 months ended 31 March % For the 12 months ended 31 March % 20

27 Aberdeen Asset Management Asia Limited Aberdeen Global Select Emerging Markets Bond Fund Investments in Collective Investment Schemes Aberdeen Global Select Emerging Markets Bond Fund, an ILP subfund, feeds 100% into the underlying Luxembourg registered Aberdeen Global Select Emerging Markets Bond Fund (Class A2 Accumulation). 665, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions USD 180,626 (113,020) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Since Inception* Fund / Benchmark 3 Months 6 Months 1 Year 3 Years* 5 Years* 10 Years* (15 Aug 2001) Aberdeen Global Select Emerging Markets Bond Fund Benchmark: JP Morgan EMBI Global Diversified * Annualised Performance 0.14% 0.96% 3.84% 2.71% 5.48% 6.91% 10.30% 0.34% 1.67% 0.51% 4.30% 6.76% 7.44% 9.26% 21

28 Underlying Fund: Aberdeen Global Select Emerging Markets Bond Fund (Class A2 Accumulation) Top 10 Holdings as at 30 June 2015 BRAZIL (FED REP OF) 6% 15/08/20 INDX LKD NTNB BRL TURKEY (REP OF) 6.25% 26/09/22 USD GHANA (REP OF) 8.125% 18/01/26 REGS USD MEXICO (UNITED MEXICAN STATES) 6.05% 11/01/40 MTN USD SERBIA (REP OF) 7.25% 28/09/21 REGS USD INDONESIA (REP OF) 8.375% 15/03/34 FR68 IDR URUGUAY (REP OF) 5.1% 18/06/50 USD EUROPEAN BANK RECON & DEV 6% 03/03/16 GMTN INR INDONESIA (REP OF) 5.875% 15/01/24 REGS USD ETHIOPIA (GOVT OF) 6.625% 11/12/24 REGS USD Top 10 Holdings as at 30 June 2014 MEXICO (UNITED MEXICAN STATES) 6.05% 11/01/40 ROMANIA (REP OF) 6.75% 07/02/22 VENEZUELA (REP OF) 12.75% 23/08/22 BRAZIL (FED REP OF) 6% 15/08/20 ARGENTINA (REP OF) 8.75% 07/05/24 MEX BONOS DESARR FIX RT 7.75% 14/12/17 BRAZIL (FED REP OF) 10% 01/01/17 BRAZIL (FED REP OF) 10% 01/01/23 INDONESIA (REP OF) 5.875% 15/01/24 EUROPEAN BANK RECON & DEV 7.65% 18/02/15 64,018,598 54,633,930 51,829,865 50,149,245 45,969,263 45,664,624 44,037,193 42,664,860 42,501,200 40,906,250 99,969,446 82,668,300 73,927,923 72,180,251 72,030,000 62,277,835 62,008,506 56,927,652 54,351,641 53,751, % 2.35% 2.23% 2.15% 1.97% 1.96% 1.89% 1.83% 1.83% 1.76% 3.35% 2.77% 2.48% 2.42% 2.42% 2.09% 2.08% 1.91% 1.82% 1.80% Expense Ratio Turnover Ratio Other Material Information For the 12 months ended 31 March % For the 12 months ended 31 March % For the 12 months ended 31 March % For the 12 months ended 31 March % 22

29 Aberdeen Asset Management Asia Limited Aberdeen Select Portfolio Aberdeen India Opportunities Fund Investments in Collective Investment Schemes Aberdeen Select Portfolio Aberdeen India Opportunities Fund, an ILP subfund, feeds 100% into the underlying Singapore registered Aberdeen Select Portfolio Aberdeen India Opportunities Fund (SGD Class). Market Value SGD 64, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions SGD 29,985 (9,249) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Since Inception* Fund / Benchmark 3 Months 6 Months 1 Year 3 Years* 5 Years* 10 Years* (8 Mar 2004) Aberdeen Select Portfolio Aberdeen India Opportunities Fund Benchmark: MSCI India Index * Annualised Performance 4.88% 4.32% 22.80% 17.89% 7.95% 10.22% 11.07% 5.38% 3.23% 11.53% 14.27% 1.74% 8.11% 9.52% 23

30 Underlying Fund: Aberdeen Select Portfolio Aberdeen India Opportunities Fund (SGD Class) Top 10 Holdings as at 30 June 2015 HDFC TATA CONSULTANCY SERVICES INFOSYS ICICI BANK BOSCH ITC GODREJ CONSUMER PRODUCTS HINDUSTAN UNILEVER CONTAINER CORPORATION AMBUJA CEMENTS 441,479, ,640, ,428, ,285, ,038, ,393, ,162, ,365, ,790, ,143, % 7.03% 6.22% 6.22% 4.80% 4.56% 4.00% 3.86% 3.74% 3.73% Top 10 Holdings as at 30 June 2014 HDFC TATA CONSULTANCY SERVICES INFOSYS ICICI BANK BOSCH HERO MOTOCORP ITC CONTAINER CORPORATION AMBUJA CEMENTS HINDUSTAN UNILEVER 448,084, ,526, ,030, ,286, ,433, ,434, ,363, ,204, ,044, ,007, % 8.10% 6.94% 5.89% 5.41% 4.89% 4.34% 4.24% 3.69% 3.61% Note: Information is based on the Luxembourg registered Aberdeen Global Indian Equity Fund (Not authorised for sale to the public in Singapore), which the Aberdeen Select Portfolio Aberdeen India Opportunities Fund (SGD Class) feeds into. Market Values are based in USD according to data source provided by Aberdeen Asset Management Asia Limited. Expense Ratio Turnover Ratio Other Material Information For the 12 months ended 31 March % For the 12 months ended 31 March % For the 12 months ended 31 March % For the 12 months ended 31 March % 24

31 Aberdeen Asset Management Asia Limited Aberdeen Select Portfolio Aberdeen Pacific Equity Fund Investments in Collective Investment Schemes Aberdeen Select Portfolio Aberdeen Pacific Equity Fund, an ILP subfund, feeds 100% into the underlying Singapore registered Aberdeen Select Portfolio Aberdeen Pacific Equity Fund (SGD Class). Market Value SGD 313, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions SGD 210,294 (72,087) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Since Inception* Fund / Benchmark 3 Months 6 Months 1 Year 3 Years* 5 Years* 10 Years* (5 Dec 1997) Aberdeen Select Portfolio Aberdeen Pacific Equity Fund Benchmark: MSCI AC Asia Pacific ex Japan Index * Annualised Performance 4.17% 0.89% 2.20% 6.40% 6.04% 7.65% 10.15% 2.75% 5.17% 7.49% 10.99% 7.08% 6.63% 7.38% 25

32 Underlying Fund: Aberdeen Select Portfolio Aberdeen Pacific Equity Fund (SGD Class) Top 10 Holdings as at 30 June 2015 ABERDEEN SINGAPORE EQUITY FUND ABERDEEN GLOBAL INDIAN EQUITY FUND^ ABERDEEN CHINA OPPORTUNITIES FUND SAMSUNG ELECTRONICS (PREF) ABERDEEN INDONESIA EQUITY FUND ABERDEEN THAILAND EQUITY FUND HSBC HOLDINGS ABERDEEN MALAYSIAN EQUITY FUND AIA GROUP RIO TINTO Top 10 Holdings as at 30 June 2014 ABERDEEN GLOBAL INDIAN EQUITY FUND^ ABERDEEN CHINA OPPORTUNITIES FUND ABERDEEN SINGAPORE EQUITY FUND SAMSUNG ELECTRONICS (PREF) ABERDEEN INDONESIA EQUITY FUND ABERDEEN THAILAND EQUITY FUND ABERDEEN MALAYSIAN EQUITY FUND RIO TINTO HSBC HOLDINGS BHP BILLITON PLC ^ Fund is not authorised for public sale in Singapore. Market Value SGD 153,357, ,199, ,748,604 76,716,256 62,300,356 62,291,493 54,705,882 54,406,083 54,010,162 51,040,807 Market Value SGD 165,688, ,936, ,858,275 88,811,212 82,182,916 74,168,160 67,456,859 61,096,222 59,509,020 59,246, % 9.51% 8.91% 4.89% 3.97% 3.97% 3.49% 3.47% 3.44% 3.25% 9.59% 9.55% 8.90% 5.14% 4.76% 4.29% 3.90% 3.54% 3.44% 3.43% Expense Ratio 31 March March % 1.74% Turnover Ratio Other Material Information For the 12 months ended 31 March % For the 12 months ended 31 March % 26

33 Aberdeen Asset Management Asia Limited Aberdeen Select Portfolio Aberdeen Singapore Equity Fund Investments in Collective Investment Schemes Aberdeen Select Portfolio Aberdeen Singapore Equity Fund, an ILP subfund, feeds 100% into the underlying Singapore registered Aberdeen Select Portfolio Aberdeen Singapore Equity Fund (SGD Class). Market Value SGD 35, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions SGD 25,707 (11,468) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Since Inception* Fund / Benchmark 3 Months 6 Months 1 Year 3 Years* 5 Years* 10 Years* (5 Dec 1997) Aberdeen Select Portfolio Aberdeen Singapore Equity Fund 2.54% 1.77% 0.33% 5.88% 5.14% 7.56% 9.89% Benchmark: Straits Times Index 2.54% 0.18% 5.16% 8.11% 6.36% 7.76% NA^ *Annualised Performance ^Benchmark data is only available from 31 August 1999 following the takeover of index calculation by FTSE on 10 January

34 Underlying Fund: Aberdeen Select Portfolio Aberdeen Singapore Equity Fund (SGD Class) Top 10 Holdings as at 30 June 2015 OCBC DBS GROUP JARDINE STRATEGIC HOLDINGS UOB KEPPEL CORPORATION CITY DEVELOPMENTS SINGAPORE TELECOM ST ENGINEERING RAFFLES MEDICAL GROUP SEMBCORP MARINE Top 10 Holdings as at 30 June 2014 OCBC JARDINE STRATEGIC HOLDINGS KEPPEL CORPORATION UOB DBS GROUP CITY DEVELOPMENTS ST ENGINEERING SINGAPORE TELECOM SEMBCORP MARINE RAFFLES MEDICAL GROUP Market Value SGD 85,825,483 73,850,058 64,443,468 63,595,731 55,786,674 48,559,656 38,881,708 33,712,800 28,024,341 21,328,400 Market Value SGD 76,159,703 70,427,641 67,930,603 64,421,658 61,660,519 47,600,190 35,727,600 35,556,906 30,791,000 25,553, % 9.21% 8.04% 7.93% 6.96% 6.06% 4.85% 4.21% 3.50% 2.66% 9.44% 8.73% 8.42% 7.99% 7.65% 5.90% 4.43% 4.41% 3.82% 3.17% Expense Ratio Turnover Ratio Other Material Information For the 12 months ended 31 March % For the 12 months ended 31 March % For the 12 months ended 31 March % For the 12 months ended 31 March % 28

35 Aberdeen Asset Management Asia Limited Aberdeen Select Portfolio Aberdeen Thailand Equity Fund Investments in Collective Investment Schemes Aberdeen Select Portfolio Aberdeen Thailand Equity Fund, an ILP subfund, feeds 100% into the underlying Singapore registered Aberdeen Select Portfolio Aberdeen Thailand Equity Fund (USD Class). 1,124, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions USD 429,163 (465,567) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Since Inception* Fund / Benchmark 3 Months 6 Months 1 Year 3 Years* 5 Years* 10 Years* (1 Jun 2004) Aberdeen Select Portfolio Aberdeen Thailand Equity Fund Benchmark: Thailand SET TR *Annualised Performance 7.05% 4.61% 4.19% 9.10% 16.46% 15.00% 14.71% 2.90% 0.31% 0.23% 9.97% 16.76% 15.09% 14.41% 29

36 Underlying Fund: Aberdeen Select Portfolio Aberdeen Thailand Equity Fund (USD Class) Top 10 Holdings as at 30 June 2015 SIAM CEMENT BANGKOK INSURANCE PTTEP SIAM COMMERCIAL BANK BIG C SUPERCENTER KASIKORNBANK BEC WORLD ADVANCED INFO THAI REINSURANCE AEON THANA SINSAP Market Value SGD 9,645,909 9,511,639 8,867,294 8,331,753 7,764,228 7,647,766 6,732,534 6,421,995 5,435,916 5,334, % 5.89% 5.49% 5.16% 4.81% 4.74% 4.17% 3.98% 3.37% 3.31% Top 10 Holdings as at 30 June 2014 SIAM COMMERCIAL BANK SIAM CEMENT PTTEP BIG C SUPERCENTER KASIKORNBANK BEC WORLD BANGKOK INSURANCE TISCO BANK ADVANCED INFO AEON THANA SINSAP Market Value SGD 11,760,375 11,562,212 11,070,343 10,838,023 10,480,892 10,202,578 10,142,183 7,934,012 7,074,866 6,964, % 5.68% 5.44% 5.33% 5.15% 5.02% 4.99% 3.90% 3.48% 3.42% Note: Market Values are based in SGD according to data source provided by Aberdeen Asset Management Asia Limited. Expense Ratio Turnover Ratio Other Material Information For the 12 months ended 31 March % For the 12 months ended 31 March % For the 12 month ended 31 March % For the 12 months ended 31 March % 30

37 AllianceBernstein (Singapore) Ltd AllianceBernstein Developed Markets MultiAsset Income Portfolio^ Investments in Collective Investment Schemes AllianceBernstein Developed Markets MultiAsset Income Portfolio, an ILP subfund, feeds 100% into the underlying Luxembourg registered AllianceBernstein Developed Markets MultiAsset Income Portfolio (Class AX). ^ Prior to 11 December 2014, AllianceBernstein Developed Markets MultiAsset Income Portfolio was known as AllianceBernstein Global Conservative Portfolio. 223, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions USD 23,097 (41,869) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Since Inception*^ Fund / Benchmark 3 Months 6 Months 1 Year 3 Years* 5 Years* 10 Years* (2 Nov 2004) AllianceBernstein Developed Markets MultiAsset Income Portfolio Benchmark: 50% MSCI World Index / 40% Barclays Global High Yield (Hedged) / 10% Barclays Global Treasuries (Hedged) 1.83% 0.26% 0.73% 3.44% 3.13% 2.18% 2.44% 0.94% 1.19% 2.30% 8.74% 8.56% 5.68% 5.93% * Annualised Performance ^Since inception performance of the benchmark is measured from closest monthend after inception through 30 June

38 Underlying Fund: AllianceBernstein Developed Markets MultiAsset Income Portfolio (Class AX) Top 10 Holdings as at 30 June 2015 U.S. TREASURY NOTES 1.38%, 04/30/20 ALTRIA GROUP, INC. VERIZON COMMUNICATIONS, INC. SWISS RE AG VODAFONE GROUP PLC PFIZER, INC. GENERAL MOTORS CO. GENERAL ELECTRIC CO. CHEVRON CORP. PAYCHEX, INC. Top 10 Holdings as at 30 June 2014 U.S. TREASURY NOTES 0.13%, 04/30/15 U.S. TREASURY NOTES 0.25%, (09/14 09/15) U.S. TREASURY NOTES 0.38%, (04/16 05/16) U.S. TREASURY NOTES 1.38%, 06/30/18 U.S. TREASURY NOTES 1.50%, 06/30/16 U.S. TREASURY BONDS 8.75%, (05/17 08/20) U.S. TREASURY NOTES 0.13%, (04/19 04/19) U.S. TREASURY BONDS 8.88%, 08/15/17 U.S. TREASURY BONDS 7.50%, 11/15/16 NEW ZEALAND GOVERNMENT BOND 6.00%, 12/15/17 SERIES ,040,260 1,388,213 1,312,025 1,303,626 1,262,933 1,121,310 1,080, , , ,822 1,607,313 1,591,526 1,319, , , , , , , , % 1.65% 1.56% 1.55% 1.50% 1.33% 1.28% 1.15% 1.15% 1.15% 4.25% 4.21% 3.49% 1.83% 1.74% 1.65% 1.43% 1.27% 1.14% 0.93% Expense Ratio Turnover Ratio 30 June June % 1.65% 30 June June % 22.01% Other Material Information 32

39 AllianceBernstein (Singapore) Ltd AllianceBernstein Dynamic Diversified Portfolio Investments in Collective Investment Schemes AllianceBernstein Dynamic Diversified Portfolio, an ILP subfund, feeds 100% into the underlying Luxembourg registered AllianceBernstein Dynamic Diversified Portfolio (Class AX). 465, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions USD 57,018 (218,840) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year Since Inception*^ 3 Years* 5 Years* 10 Years* (2 Nov 2004) AllianceBernstein Dynamic Diversified Portfolio Benchmark: 40% Barclays 1.06% 1.34% 0.87% 6.32% 5.96% 2.43% 2.94% Capital Global Aggregate Bond Index / 60% MSCI World Index 0.28% 0.37% 1.99% 8.08% 8.73% 5.51% 5.69% * Annualised Performance ^Since inception performance of the benchmark is measured from closest monthend after inception through 30 June

40 Underlying Fund: AllianceBernstein Dynamic Diversified Portfolio (Class AX) Top 10 Holdings as at 30 June 2015 ACM BERNSTEIN SICAV REAL ASSET PORTFOLIO CLASS S1 ACM BERNSTEIN SICAV LOW VOLATILITY EQUITY PORTFOLIO CLASS S1 UNITEDHEALTH GROUP, INC. UNITED KINGDOM GILT 1.75%, (07/19 09/22) CHARLES SCHWAB CORP. (THE) DEVELOPMENT BANK OF JAPAN, INC. 1.75%, 03/17/17 ROCHE HOLDING AG MICROSOFT CORP. MASTERCARD, INC. CLASS A AMERICAN EXPRESS CO. Top 10 Holdings as at 30 June 2014 ALLIANCEBERNSTEIN SICAV EMERGING MARKETS MULTIASSET PORTFOLIO CLASS S1 ALLIANCEBERNSTEIN SICAV SHORT DURATION HIGH YIELD PORTFOLIO CLASS S1 ALLIANCEBERNSTEIN SICAV REAL ASSET PORTFOLIO CLASS S1 ALLIANCEBERNSTEIN SICAV MARKET NEUTRAL PORTFOLIO ALLIANCEBERNSTEIN SICAV LOW VOLATILITY EQUITY PORTFOLIO ALLIANCEBERNSTEIN THEMATIC RESEARCH PORTFOLIO SPDR S&P 500 ETF TRUST U.S. TREASURY NOTES 0.25%, (05/15 07/15) DEVELOPMENT BANK OF JAPAN, INC. 1.75%, 03/17/17 DEVELOPMENT BANK OF JAPAN, INC. 2.30%, 03/19/26 10,644,298 2,098, , , , , , , , ,625 12,907,615 12,824,111 12,801,464 11,486,204 7,726,172 6,480,928 5,357,444 1,777,189 1,545,879 1,154, % 1.99% 0.92% 0.91% 0.91% 0.80% 0.78% 0.77% 0.77% 0.76% 10.06% 10.00% 9.98% 8.96% 6.02% 5.05% 4.18% 1.39% 1.21% 0.90% Expense Ratio Turnover Ratio 30 June June % 1.12% 30 June June % 36.73% Other Material Information 34

41 AllianceBernstein (Singapore) Ltd AllianceBernstein Global Equity Blend Portfolio Investments in Collective Investment Schemes AllianceBernstein Global Equity Blend Portfolio, an ILP subfund, feeds 100% into the underlying Luxembourg registered AllianceBernstein Global Equity Blend Portfolio (Class A). 325, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions USD 71,316 (39,543) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year Since Inception*^ 3 Years* 5 Years* 10 Years* (12 Jun 2003) AllianceBernstein Global Equity Blend Portfolio 1.44% 5.90% 2.74% 14.24% 10.23% 2.12% 4.06% Benchmark: MSCI World Net Index 0.31% 2.63% 1.43% 14.27% 13.10% 6.38% 7.78% * Annualised Performance ^Since inception performance of the benchmark is measured from closest monthend after inception through 30 June

42 Underlying Fund: AllianceBernstein Global Equity Blend Portfolio (Class A) Top 10 Holdings as at 30 June 2015 ROCHE HOLDING AG SAFRAN SA WELLS FARGO & CO. APPLE, INC. BRITISH AMERICAN TOBACCO PLC GOOGLE, INC. CLASS C PFIZER, INC. ANHEUSERBUSCH INBEV NV LIBERTY GLOBAL PLC SERIES C AIA GROUP LTD. Top 10 Holdings as at 30 June 2014 ROCHE HOLDING AG APPLE, INC. TOSHIBA CORP. WELLS FARGO & CO. SCHLUMBERGER LTD. WALT DISNEY CO. (THE) VISA, INC. CLASS A UNICREDIT SPA ANHEUSERBUSCH INBEV NV VOLKSWAGEN AG (PREFERENCE SHARES) 6,952,034 4,573,932 4,521,445 3,967,136 3,584,716 3,507,406 3,486,663 3,452,084 3,433,795 3,413,248 8,045,070 7,217,125 5,108,987 4,922,056 4,860,043 4,296,859 4,295,374 4,290,694 4,234,363 4,188, % 1.29% 1.27% 1.12% 1.01% 0.99% 0.98% 0.97% 0.97% 0.96% 2.15% 1.93% 1.36% 1.31% 1.30% 1.15% 1.15% 1.15% 1.13% 1.12% Expense Ratio Turnover Ratio 30 June June % 1.91% 30 June June % 49.69% Other Material Information 36

43 AllianceBernstein (Singapore) Ltd AllianceBernstein Global Growth Trends Portfolio Investments in Collective Investment Schemes AllianceBernstein Global Growth Trends Portfolio, an ILP subfund, feeds 100% into the underlying Luxembourg registered AllianceBernstein Global Growth Trends Portfolio (Class A). 58, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions USD 20,217 (141,588) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year Since Inception*^ 3 Years* 5 Years* 10 Years* (11 Apr 1995) AllianceBernstein Global Growth Trends Portfolio 1.63% 6.89% 3.00% 12.26% 10.03% 2.09% 6.64% Benchmark: MSCI World Net Index 0.31% 2.63% 1.43% 14.27% 13.10% 6.38% 6.71% * Annualised Performance ^Since inception performance of the benchmark is measured from closest monthend after inception through 30 June

44 Underlying Fund: AllianceBernstein Global Growth Trends Portfolio (Class A) Top 10 Holdings as at 30 June 2015 ROCHE HOLDING AG GOOGLE, INC. CLASS C ANHEUSERBUSCH INBEV NV AIA GROUP LTD. PARTNERS GROUP HOLDING AG DANAHER CORP. MOBILEYE NV DELPHI AUTOMOTIVE PLC PALO ALTO NETWORKS, INC. HEXCEL CORP. Top 10 Holdings as at 30 June 2014 APPLE, INC. ROCHE HOLDING AG SCHLUMBERGER LTD. WALT DISNEY CO. (THE) VISA, INC. CLASS A ANHEUSERBUSCH INBEV NV DANAHER CORP. BOEING CO. (THE) PARTNERS GROUP HOLDING AG MONSANTO CO. 21,858,181 18,175,995 17,889,306 17,688,054 17,442,123 17,424,567 16,897,676 15,770,273 15,592,002 15,266,051 25,209,471 21,314,529 20,237,373 17,892,256 17,886,071 17,632,021 16,576,524 15,134,995 14,629,948 14,548, % 1.97% 1.94% 1.92% 1.89% 1.89% 1.83% 1.71% 1.69% 1.66% 3.24% 2.74% 2.60% 2.30% 2.30% 2.27% 2.13% 1.94% 1.88% 1.87% Expense Ratio Turnover Ratio 30 June June % 2.06% 30 June June % 30.48% Other Material Information 38

45 AllianceBernstein (Singapore) Ltd AllianceBernstein Global Value Portfolio Investments in Collective Investment Schemes AllianceBernstein Global Value Portfolio, an ILP subfund, feeds 100% into the underlying Luxembourg registered AllianceBernstein Global Value Portfolio (Class A). 729, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions USD 552,457 (112,775) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year Since Inception*^ 3 Years* 5 Years* 10 Years* (24 Apr 2001) AllianceBernstein Global Value Portfolio 1.38% 5.10% 2.59% 16.33% 10.53% 2.23% 3.12% Benchmark: MSCI World Net Index 0.31% 2.63% 1.43% 14.27% 13.10% 6.38% 5.21% * Annualised Performance ^Since inception performance of the benchmark is measured from closest monthend after inception through 30 June

46 Underlying Fund: AllianceBernstein Global Value Portfolio (Class A) Top 10 Holdings as at 30 June 2015 PFIZER, INC. LIBERTY GLOBAL PLC SERIES C MITSUBISHI UFJ FINANCIAL GROUP, INC. HESS CORP. BANK OF AMERICA CORP. HEWLETT PACKARD CO. MICROSOFT CORP. ROCHE HOLDING AG TOTAL SA VIVENDI SA Top 10 Holdings as at 30 June 2014 KROGER CO. (THE) HEWLETT PACKARD CO. CITIGROUP, INC. GLAXOSMITHKLINE PLC ROCHE HOLDING AG HESS CORP. PFIZER, INC. ORACLE CORP. AMERICAN INTERNATIONAL GROUP, INC. NIPPON TELEGRAPH & TELEPHONE CORP. 7,566,888 7,452,152 7,085,908 6,990,607 6,574,897 6,441,463 6,299,825 5,933,603 5,902,370 5,899,654 3,377,234 3,353,147 3,063,663 3,053,566 2,974,749 2,938,057 2,928,374 2,862,480 2,711,749 2,709, % 1.94% 1.85% 1.82% 1.71% 1.68% 1.64% 1.55% 1.54% 1.54% 1.78% 1.77% 1.62% 1.61% 1.57% 1.55% 1.55% 1.51% 1.43% 1.43% Expense Ratio Turnover Ratio 30 June June % 1.93% For the 12 months ended For the 12 months ende 30 June June % 69.35% Other Material Information 40

47 AllianceBernstein (Singapore) Ltd AllianceBernstein US Thematic Research Portfolio Investments in Collective Investment Schemes AllianceBernstein US Thematic Research Portfolio, an ILP subfund, feeds 100% into the underlying Luxembourg registered AllianceBernstein US Thematic Research Portfolio (Class A). 542, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions USD 104,882 (129,501) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year Since Inception*^ 3 Years* 5 Years* 10 Years* (24 Apr 2001) AllianceBernstein US Thematic Research Portfolio 2.21% 8.20% 10.73% 20.62% 16.39% 5.47% 3.64% Benchmark: S&P % 0.92% 6.77% 16.56% 16.60% 7.21% 5.28% * Annualised Performance ^Since inception performance of the benchmark is measured from closest monthend after inception through 30 June

48 Underlying Fund: AllianceBernstein US Thematic Research Portfolio (Class A) Top 10 Holdings as at 30 June 2015 CVS HEALTH CORP. PERRIGO CO. PLC AMAZON.COM, INC. MEAD JOHNSON NUTRITION CO. CLASS A GOLDMAN SACHS GROUP, INC. (THE) MONSTER BEVERAGE CORP. DELPHI AUTOMOTIVE PLC ILLUMINA, INC. GOOGLE, INC. CLASS C AMERICAN WATER WORKS CO., INC. Top 10 Holdings as at 30 June 2014 APPLE, INC. WELLS FARGO & CO. SCHLUMBERGER LTD. VISA, INC. CLASS A LAS VEGAS SANDS CORP. MONSANTO CO. NOBLE ENERGY, INC. MEAD JOHNSON NUTRITION CO. CLASS A AMAZON.COM, INC. CVS CAREMARK CORP. 1,415,880 1,399,163 1,390,390 1,378,562 1,364,443 1,330,819 1,329,957 1,326,974 1,294,508 1,286,750 1,977,736 1,612,646 1,455,621 1,429,667 1,384,917 1,270,976 1,264,457 1,175,805 1,147,448 1,147, % 2.32% 2.30% 2.28% 2.26% 2.20% 2.20% 2.20% 2.14% 2.13% 3.61% 2.95% 2.66% 2.61% 2.53% 2.32% 2.31% 2.15% 2.10% 2.10% Expense Ratio Turnover Ratio 30 June June % 1.99% 30 June June % 69.60% Other Material Information 42

49 Allianz Global Investors Singapore Limited Allianz Global Investors Fund Allianz China Equity Fund (SGD) Investments in Collective Investment Schemes Allianz Global Investors Fund Allianz China Equity Fund (SGD), an ILP subfund, feeds 100% into the underlying Luxembourg registered Allianz Global Investors Fund Allianz China Equity Fund (Class AT SGD). Market Value SGD 22, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions SGD 9,992 (2,283) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year Since Inception* 3 Years* 5 Years* 10 Years* (11 Aug 2009) Allianz Global Investors Fund Allianz China 7.82% 19.60% 41.44% 18.53% 7.65% NA 5.61% Equity Fund (SGD) Benchmark: MSCI China Total Return (Net) 4.09% 16.50% 34.59% 17.23% 6.93% NA 5.07% * Annualised Performance 43

50 Underlying Fund: Allianz Global Investors Fund Allianz China Equity Fund (Class AT SGD) Top 10 Holdings as at 30 June 2015 PING AN INSURANCE GROUP COH TENCENT HOLDINGS LTD BANK OF CHINA LTDH CHINA LIFE INSURANCE COH HONG KONG EXCHANGES & CLEAR CHINA MOBILE LTD CHINA CONSTRUCTION BANKH IND & COMM BK OF CHINAH DIGITAL CHINA HOLDINGS LTD ZHUZHOU CSR TIMES ELECTRICH 41,931,037 41,531,610 40,400,391 35,563,467 32,901,176 28,831,385 27,624,659 24,849,685 23,909,249 22,638, % 6.68% 6.50% 5.72% 5.30% 4.64% 4.45% 4.00% 3.85% 3.64% Top 10 Holdings as at 30 June 2014 TENCENT HOLDINGS LTD CHINA MINSHENG BANKINGH PETROCHINA CO LTDH BEIJING ENTERPRISES HLDGS BANK OF CHINA LTDH PING AN INSURANCE GROUP COH CNOOC LTD IND & COMM BK OF CHINAH CHINA MOBILE LTD CHINA PETROLEUM & CHEMICALH 35,158,223 30,517,470 27,176,936 26,480,857 25,862,474 24,782,092 24,010,678 23,140,129 22,572,370 16,077, % 6.23% 5.55% 5.41% 5.28% 5.06% 4.90% 4.72% 4.61% 3.28% Note: Market Values are based in USD according to data source provided by Allianz Global Investors Singapore Limited. Expense Ratio Turnover Ratio 30 September September % 1.89% 30 June June % 6.55% Other Material Information 44

51 Allianz Global Investors Singapore Limited Allianz Global Investors Fund Allianz Global Sustainability Fund Investments in Collective Investment Schemes Allianz Global Investors Fund Allianz Global Sustainability Fund, an ILP subfund, feeds 100% into the underlying Luxembourg registered Allianz Global Investors Fund Allianz Global Sustainability Fund (Class A EUR). Market Value EUR 40, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions EUR 26,939 (4,876) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year 3 Years* 5 Years* 10 Years* Allianz Global Investors Fund Allianz Global Sustainability Fund Benchmark: Dow Jones Sustainability World index (Total Return) * Annualised Performance Since Inception* (2 Jan 2003) 3.81% 10.98% 18.04% 17.73% 12.73% 6.43% 6.78% 4.34% 9.49% 17.01% 16.93% 12.26% 6.12% 6.98% 45

52 Underlying Fund: Allianz Global Investors Fund Allianz Global Sustainability Fund (Class A EUR) Top 10 Holdings as at 30 June 2015 MICROSOFT CORP NESTLE SAREG ROCHE HOLDING AGGENUSSCHEIN ALLIANZ SEREG WELLS FARGO & CO NOVO NORDISK A/SB UNILEVER PLC CITIGROUP INC AUST AND NZ BANKING GROUP BG GROUP PLC Top 10 Holdings as at 30 June 2014 MICROSOFT CORP NESTLE SAREGISTERED ROCHE HOLDING AGGENUSSCHEIN BASF SE SCHNEIDER ELECTRIC SE SCHLUMBERGER LTD SHIRE PLC MUENCHENER RUECKVER AGREG ALLIANZ SEREG BG GROUP PLC Market Value EUR 2,120,831 1,589,732 1,395,550 1,179,612 1,165,414 1,108,107 1,078,432 1,019, , ,589 Market Value EUR 1,599,538 1,373,847 1,142, , , , , , , , % 3.98% 3.49% 2.95% 2.92% 2.77% 2.70% 2.55% 2.41% 2.40% 4.58% 3.94% 3.27% 2.49% 2.46% 2.27% 2.22% 2.17% 2.16% 2.13% Expense Ratio 30 September September % 1.81% Turnover Ratio Other Material Information For the 12 months ended 30 June % For the 12 months ended 30 June % 46

53 Allianz Global Investors Singapore Limited Allianz Global Investors Fund Allianz Oriental Income Fund (SGD) Investments in Collective Investment Schemes Allianz Global Investors Fund Allianz Oriental Income Fund (SGD), an ILP subfund, feeds 100% into the underlying Luxembourg registered Allianz Global Investors Fund Allianz Oriental Income Fund (Class AT SGD). Market Value SGD 1, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 SGD Subscriptions 2,801 Redemptions (2,005) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year Since Inception* 3 Years* 5 Years* 10 Years* (11 Aug 2009) Allianz Global Investors Fund Allianz Oriental Income Fund (SGD) 3.58% 5.38% 8.56% 11.89% 6.38% NA 4.46% Benchmark: MSCI AC Asia Pacific 1.21% 9.13% 11.07% 12.64% 7.27% NA 5.86% * Annualised Performance 47

54 Underlying Fund: Allianz Global Investors Fund Allianz Oriental Income Fund (Class AT SGD) Top 10 Holdings as at 30 June 2015 MAINFREIGHT LTD KOH YOUNG TECHNOLOGY INC BANK OF CHINA LTDH YAMAHA MOTOR CO LTD EO TECHNICS CO LTD MITSUI FUDOSAN CO LTD AIFUL CORP JAPAN AIRPORT TERMINAL CO OMRON CORP NIDEC CORP 18,154,106 17,170,290 16,368,202 15,956,719 14,930,727 12,551,159 11,084,920 11,082,966 9,925,145 9,566, % 4.73% 4.51% 4.40% 4.11% 3.46% 3.05% 3.05% 2.73% 2.64% Top 10 Holdings as at 30 June 2014 MAINFREIGHT LTD TOKYO TATEMONO CO LTD MITSUI ENGINEER & SHIPBUILD AIFUL CORP SOFTBANK CORP HITACHI LTD YAMAHA MOTOR CO LTD JAFCO CO LTD KOH YOUNG TECHNOLOGY INC MIZUHO FINANCIAL GROUP INC 22,831,764 22,685,458 15,965,697 15,799,946 14,638,004 13,037,707 12,707,942 12,093,341 11,560,589 11,277, % 4.80% 3.38% 3.34% 3.10% 2.76% 2.69% 2.56% 2.45% 2.39% Note: Market Values are based in USD according to data source provided by Allianz Global Investors Singapore Limited. Expense Ratio 30 September September % 1.84% Turnover Ratio Other Material Information For the 12 months ended 30 June % For the 12 months ended 30 June % 48

55 Amundi Singapore Limited Amundi Funds Absolute Volatility Arbitrage Investments in Collective Investment Schemes Amundi Funds Absolute Volatility Arbitrage, an ILP subfund, feeds 100% into the underlying Luxembourg registered Amundi Funds Absolute Volatility Arbitrage (AE Capitalisation). Market Value EUR 1, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions EUR 50 (131) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year Since Inception* 3 Years* 5 Years* 10 Years* (6 Oct 2005) Amundi Funds Absolute Volatility Arbitrage 0.20% 0.12% 0.75% 0.00% 0.07% NA 1.52% Benchmark: 100% EONIA Compounded 0.03% 0.04% 0.04% 0.06% 0.31% NA 1.41% * Annualised Performance 49

56 Underlying Fund: Amundi Funds Absolute Volatility Arbitrage (AE Capitalisation) Top 10 Holdings as at 30 June 2015 TBIP USA 03/12/15 (GOVERNMENT TREASURY BILLS) AMUNDI TRS EON ISRI (MUTUAL FUND M M) CDN 24/03/16 ING BK EUR F 0.07 (CERTIFICATE OF DEPOSIT) CDN 17/03/16 BFCM EUR F 0.01 (CERTIFICATE OF DEPOSIT) CDN 23/10/15 BNPP EUR V OIS (CERTIFICATE OF DEPOSIT) CDN 24/03/16 BPCESA EUR F 0.05 (CERTIFICATE OF DEPOSIT) CDN 23/10/15 SOGN EUR F 0.06 (CERTIFICATE OF DEPOSIT) CDN 30/12/15 BCLYSBK EUR F 0.19 (CERTIFICATE OF DEPOSIT) CDN 24/03/16 CREDAGRI EUR F 0.04 (CERTIFICATE OF DEPOSIT) RENTEN 1.75% 4/19 (COLLATERAL FOR REPO) Market Value EUR 8,974,822 8,803,446 6,995,052 6,992,974 6,505,875 5,993,550 5,500,482 5,495,827 4,994,625 4,488, % 7.78% 6.18% 6.18% 5.75% 5.29% 4.86% 4.85% 4.41% 3.96% Top 10 Holdings as at 30 June 2014 BTPS 4.25% 02/15 (COLLATERAL FOR REPO) CRH 4.10% 10/15 (COLLATERAL FOR REPO) SNSSNS 3.5% 9/20 (COLLATERAL FOR REPO) AMUNDI TRESO 3 MOIS I (MUTUAL FUND M M) CDN 19/09/14 BFCM EUR V OIS (CERTIFICATE OF DEPOSIT) CDN 29/09/14 BPCESA EUR V OIS (CERTIFICATE OF DEPOSIT) CDN 05/08/14 SOGN EUR V OIS +0.2 (CERTIFICATE OF DEPOSIT) AMUNDI TRS EON ISRI (MUTUAL FUND M M) CDN 31/12/14 NATEXS EUR V OIS (CERTIFICATE OF DEPOSIT) INTNED 3.375% 03/17 (COLLATERAL FOR REPO) Market Value EUR 12,998,509 12,997,717 12,997,481 10,039,419 10,013,280 10,012,636 9,013,182 8,781,165 7,999,682 7,998, % 6.51% 6.51% 5.03% 5.02% 5.02% 4.52% 4.40% 4.01% 4.01% Expense Ratio Turnover Ratio 31 December December % 1.37% 31 December December % % Other Material Information 50

57 Amundi Singapore Limited Amundi Funds Absolute Volatility World Equities Investments in Collective Investment Schemes Amundi Funds Absolute Volatility World Equities, an ILP subfund, feeds 100% into the underlying Luxembourg registered Amundi Funds Absolute Volatility World Equities (AU Capitalisation). 109, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions USD 28,115 (53,391) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark** 3 Months 6 Months 1 Year 3 Years* 5 Years* 10 Years* Amundi Funds Absolute Volatility World Equities * Annualised Performance Since Inception* (15 Nov 2007) 2.17% 3.87% 1.55% 7.94% 4.09% NA 1.62% **There is no benchmark for Amundi Funds Absolute Volatility World Equities. 51

58 Underlying Fund: Amundi Funds Absolute Volatility World Equities (AU Capitalisation) Top 10 Holdings as at 30 June 2015 S&P P CBOE (OPTION ON INDEX) BNG 1.875% 6/19 (COLLATERAL FOR REPO) CDN 09/07/15 BPCESA EUR F 0.21 (CERTIFICATE OF DEPOSIT) EIB 2.125% 12/17 (COLLATERAL FOR REPO) CDN 17/03/16 BFCM EUR F 0.01 (CERTIFICATE OF DEPOSIT) S&P C CBOE (OPTION ON INDEX) AMUNDI 3 M I (MUTUAL FUND M M) AMUNDI MMST (USD)OV (MUTUAL FUND M M) S&P C CBOE (OPTION ON INDEX) CDN 24/03/16 BPCESA EUR F 0.05 (CERTIFICATE OF DEPOSIT) Top 10 Holdings as at 30 June 2014 CRH 4.10% 10/15 (COLLATERAL FOR REPO) CDN 19/09/14 BFCM EUR V OIS (CERTIFICATE OF DEPOSIT) DJE C EUREX (OPTION ON INDEX) S&P C CBOE (OPTION ON INDEX) CDN 29/09/14 BPCESA EUR V OIS (CERTIFICATE OF DEPOSIT) CDN 31/12/14 NATEXS EUR V OIS (CERTIFICATE OF DEPOSIT) AMUNDI TRESO 3 MOIS I (MUTUAL FUND M M) EURO (CURRENCY) BTPS 2.75% 11/16 (COLLATERAL FOR REPO) S&P P CBOE (OPTION ON INDEX) 59,873,394 51,723,954 41,909,512 37,564,230 36,627,062 33,560,617 28,875,253 24,502,436 23,916,859 20,928, ,589,233 64,049,720 61,583,536 61,104,448 56,929,425 56,855,317 55,579,554 53,457,015 42,635,915 38,779, % 5.40% 4.37% 3.92% 3.82% 3.50% 3.01% 2.56% 2.50% 2.18% 9.69% 5.82% 5.60% 5.55% 5.17% 5.17% 5.05% 4.86% 3.87% 3.52% Expense Ratio 31 December December % 1.61% Turnover Ratio Other Material Information For the 12 months ended 31 December % For the 12 months ended 31 December % 52

59 Amundi Singapore Limited Amundi Funds Bond Global Investments in Collective Investment Schemes Amundi Funds Bond Global, an ILP subfund, feeds 100% into the underlying Luxembourg registered Amundi Funds Bond Global (AU Capitalisation). 396, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 USD Subscriptions 112,199 Redemptions (281,516) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year Since Inception* 3 Years* 5 Years* 10 Years* (28 Dec 1990) Amundi Funds Bond Global 3.42% 4.14% 8.02% 3.86% 2.50% 4.63% 6.08% Benchmark: JPM Global Government Bond 1.68% 3.43% 7.46% 2.15% 1.34% 3.39% 5.35% * Annualised Performance 53

60 Underlying Fund: Amundi Funds Bond Global (AU Capitalisation) Top 10 Holdings as at 30 June 2015 UK TSY3.50% 01/45 PORTUGAL 4.75% 06/19 UK TSY5% 03/25 BTPS 4.5% 05/23 SPAIN4.30% 10/19 MBONO4.75% 6/18 US TSY3.125% 11/41 PORTUGAL 3.85% 04/21 IRELAND 2.40% 05/30 US TII1.75% 01/28 Top 10 Holdings as at 30 June 2014 BTPS 4.50% 03/19 UK TSY 4.25% 03/36 US TSY 3.125% 11/41 PORTUGAL 4.35% 10/17 UK TSY 5% 03/25 BTPS 3.75% 04/16 PORTUGAL 4.75% 06/19 ITALY 5.75% 07/16 BGARIA 2.95% 9/24 US TII 1.75% 01/28 16,581,865 15,116,065 14,016,714 13,161,664 12,947,902 10,077,376 10,046,839 9,833,076 8,092,439 7,695,451 23,607,211 21,492,700 15,844,349 15,120,202 14,453,986 14,425,020 12,078,782 10,167,032 8,110,453 7,791, % 4.95% 4.59% 4.31% 4.24% 3.30% 3.29% 3.22% 2.65% 2.52% 8.15% 7.42% 5.47% 5.22% 4.99% 4.98% 4.17% 3.51% 2.80% 2.69% Expense Ratio 31 December December % 1.33% Turnover Ratio Other Material Information For the 12 months ended 31 December % For the 12 months ended 31 December % 54

61 Amundi Singapore Limited Amundi Islamic Amundi Islamic BRIC Quant Investments in Collective Investment Schemes Amundi Islamic Amundi Islamic BRIC Quant, an ILP subfund, feeds 100% into the underlying Luxembourg registered Amundi Islamic Amundi Islamic BRIC Quant (Classic Capitalisation). 363, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 USD Subscriptions 85,575 Redemptions (99,759) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year Since Inception* 3 Years* 5 Years* 10 Years* (15 Dec 2008) Amundi Islamic Amundi Islamic BRIC Quant 1.43% 4.89% 7.44% 1.59% 2.35% NA 7.37% Benchmark: 100% DJ Islamic Market BRIC 2.82% 6.30% 6.34% 4.02% 0.06% NA 10.52% Capped * Annualised Performance 55

62 Underlying Fund: Amundi Islamic Amundi Islamic BRIC Quant (Classic Capitalisation) Top 10 Holdings as at 30 June 2015 MORGAN STANLEY ASIA PRODUCTS MMC NORILSK NICKEL MORGAN STANLEY ASIA PRODUCTS TENCENT HOLDINGS LTD BAIDU INC CHINA NATL OFFSHORE OIL CORP GUANGDONG INVESTMENT LTD SINO BIOPHARMACEUTICAL XINYI SOLAR HOLD LTD SIHUAN PHARMACEUTICAL HLD GP L Top 10 Holdings as at 30 June 2014 WIPRO LTD ADR INFOSYS LTD SP ADR LUKOIL SP ADR TENCENT HOLDINGS LTD DOCTOR REDDY S LABADR BAIDU INC ADR NORILSK NICKELADR ULTRAPAR PARTICIPACOES SA NOVATEK OAOSPONS GDR REG S TATNEFT SP ADR 1,452,366 1,406,801 1,017, , , , , , , ,404 1,269,481 1,231,680 1,160,803 1,126, , , , , , , % 7.41% 5.36% 4.95% 3.14% 2.87% 1.03% 0.73% 0.67% 0.65% 8.06% 7.82% 7.37% 7.15% 5.88% 4.58% 3.95% 3.64% 3.44% 3.30% Expense Ratio 31 December December % 2.40% Turnover Ratio Other Material Information For the 12 months ended 31 December % For the 12 months ended 31 December % 56

63 Aviva Investors Asia Pte Ltd Aviva Investors Asian Equity Income Fund Investments in Collective Investment Schemes Aviva Investors Asian Equity Income Fund, an ILP subfund, feeds 100% into the Luxembourg registered Aviva Investors Asian Equity Income Fund (Class B). 20, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions USD 7,011 (11,750) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year Since Inception* 3 Years* 5 Years* 10 Years* (2 Jul 1990) Aviva Investors Asian Equity Income Fund 1.37% 3.00% 1.73% 7.88% 6.22% 6.28% 4.51% Benchmark: MSCI AC Asia ex Japan 0.65% 5.59% 4.14% 9.87% 7.74% 9.67% 7.51% * Annualised Performance 57

64 Underlying Fund: Aviva Investors Asian Equity Income Fund (Class B) Top 10 Holdings as at 30 June 2015 SAMSUNG ELECTRONICS CO., LTD. TAIWAN SEMICONDUCTOR MANUFACTURING CO., LTD. INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED CLASS H BANK OF CHINA LIMITED CLASS H CK HUTCHISON HOLDINGS LTD CHINA MOBILE LIMITED HSBC HOLDINGS PLC KT & G CORPORATION BAIDU, INC. SPONSORED ADR CLASS A CNOOC LIMITED Top 10 Holdings as at 30 June 2014 SAMSUNG ELECTRONICS CO TAIWAN SEMICONDUCTOR MANUFACTURING CO., LTD. CHINA MOBILE LTD INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED CLASS H CHINA CONSTRUCTION BANK HON HAI PRECISION INDUSTRY BANK OF CHINA LTD CNOOC LTD HYUNDAI MOTOR CO CHEUNG KONG LTD 3,593,302 3,242,267 3,024,577 2,832,962 2,184,530 2,149,061 1,788,010 1,703,853 1,592,640 1,541,416 7,916,218 6,392,495 4,452,129 3,964,061 3,630,747 3,559,322 3,452,185 3,428,377 3,416,473 3,130, % 4.17% 3.89% 3.64% 2.81% 2.76% 2.30% 2.19% 2.05% 1.98% 6.65% 5.37% 3.74% 3.33% 3.05% 2.99% 2.90% 2.88% 2.87% 2.63% Expense Ratio 30 June June % 2.14% Turnover Ratio Other Material Information For the 12 months ended 30 June % For the 12 months ended 30 June % 58

65 Aviva Investors Asia Pte Ltd Aviva Investors Emerging Europe Equity Fund Investments in Collective Investment Schemes Aviva Investors Emerging Europe Equity Fund, an ILP subfund, feeds 100% into the underlying Luxembourg registered Aviva Investors Emerging Europe Equity Fund (Class B). Market Value EUR 444, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions EUR 463,178 (60,358) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year 3 Years* 5 Years* 10 Years* Aviva Investors Emerging Europe Equity Fund Benchmark: Dow Jones Stoxx EU Enlarged Index *Annualised Performance Since Inception* (18 Nov 1997) 3.92% 2.65% 13.97% 3.40% 2.05% 2.04% 5.62% 1.33% 0.92% 17.05% 2.62% 0.89% 1.61% 5.71% 59

66 Underlying Fund: Aviva Investors Emerging Europe Equity Fund (Class B) Top 10 Holdings as at 30 June 2015 BANCA TRANSILVANIA SA KRKA DD OTP BANK NYRT KOMERCNI BANKA AS TVN S.A. POLSKI KONCERN NAFTOWY ORLEN S.A. LPP S.A. POLISH OIL & GAS CO. ASSECO POLAND S.A. STOMIL SANOK SA Top 10 Holdings as at 30 June 2014 PZU SA KOMERCHI BANK ORD OTP BANK ORD LPP SA KRKA DD TVN POWS. KASA OSZ BK. PGNIG S.A. BANK PEKAO BANCA TRANSILVAN Market Value EUR 2,988,489 2,735,222 2,385,140 2,284,700 2,222,930 2,145,824 1,952,561 1,899,333 1,861,554 1,714,730 Market Value EUR 2,202,942 1,983,995 1,933,469 1,882,943 1,640,417 1,465,259 1,414,733 1,360,839 1,330,523 1,232, % 5.50% 4.80% 4.60% 4.47% 4.32% 3.93% 3.82% 3.75% 3.45% 6.54% 5.89% 5.74% 5.59% 4.87% 4.35% 4.20% 4.04% 3.95% 3.66% Expense Ratio 30 June June % 2.47% Turnover Ratio Other Material Information For the 12 months ended 30 June % For the 12 months ended 30 June % 60

67 Aviva Investors Asia Pte Ltd Aviva Investors Emerging Markets Equity Income Fund Investments in Collective Investment Schemes Aviva Investors Emerging Markets Equity Income Fund, an ILP subfund, feeds 100% into the underlying Luxembourg registered Aviva Investors Emerging Markets Equity Income Fund (Class B). 371, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 USD Subscriptions 72,338 Redemptions (113,035) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year Since Inception* 3 Years* 5 Years* 10 Years* (4 Nov 1993) Aviva Investors Emerging Markets Equity Income Fund 0.80% 0.47% 7.41% 1.85% 1.05% 4.67% 2.74% Benchmark: MSCI Emerging Markets TR 0.82% 3.12% 4.77% 4.08% 4.03% 8.45% 6.27% * Annualised Performance 61

68 Underlying Fund: Aviva Investors Emerging Markets Equity Income Fund (Class B) Top 10 Holdings as at 30 June 2015 TAIWAN SEMICONDUCTOR MANUFACTURING CO., LTD. BANK OF CHINA LIMITED CLASS H STEINHOFF INTERNATIONAL HOLDINGS LIMITED SAMSUNG ELECTRONICS CO., LTD. CHINA MOBILE LIMITED SHENZHOU INTERNATIONAL GROUP HOLDINGS LTD. MEGA FINANCIAL HOLDING CO., LTD. CHINA PETROLEUM & CHEMICAL CORPORATION CLASS H PZU SA SK TELECOM CO., LTD. Top 10 Holdings as at 30 June 2014 SAMSUNG ELECTRONICS CO STEINHOFF INTERNATIONAL TATA MOTORS LTD PZU SA CHINA PETROLEUM & CHEMICAL CHINA MOBILE LTD BANK OF CHINA LTD GAZPROM SHENZHOU INTERNATIONAL KT&G CORP 42,541,527 30,485,192 26,416,761 25,452,079 24,970,101 20,499,822 15,965,039 15,923,491 15,713,055 14,707,742 23,730,333 14,249,977 13,837,787 13,366,714 12,660,103 12,660,103 12,660,103 11,305,767 10,128,083 9,480, % 3.94% 3.41% 3.29% 3.23% 2.65% 2.06% 2.06% 2.03% 1.90% 4.03% 2.42% 2.35% 2.27% 2.15% 2.15% 2.15% 1.92% 1.72% 1.61% Expense Ratio Turnover Ratio Other Material Information For the 12 months ended 30 June % For the 12 months ended 30 June % For the 12 months ended 30 June % For the 12 months ended 30 June % 62

69 BlackRock (Singapore) Limited BlackRock Global Funds Global SmallCap Fund Investments in Collective Investment Schemes BlackRock Global Funds Global SmallCap Fund, an ILP subfund, feeds 100% into the underlying Luxembourg registered BlackRock Global Funds Global SmallCap Fund (Class A2 USD). 2,397, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions USD 1,643,747 (512,350) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year Since Inception* 3 Years* 5 Years* 10 Years* (4 Nov 1994) BlackRock Global Funds Global SmallCap Fund 2.32% 3.79% 3.09% 15.82% 12.87% 8.15% 11.47% Benchmark: MSCI AC World Small Cap Index 1.74% 6.18% 1.48% 15.64% 13.68% 6.72% 6.92% * Annualised Performance 63

70 Underlying Fund: BlackRock Global Funds Global SmallCap Fund (Class A2 USD) Top 10 Holdings as at 30 June 2015 TELEFLEX INC. MARCUS & MILLICHAP INC NUVASIVE INC. PFENEX INC MERIT MEDICAL SYSTEMS INC. OWENS & MINOR INC. INSULET CORP. CYRUSONE REIT INC LKQ CORP THORATEC CORP. Top 10 Holdings as at 30 June 2014 VESTAS WIND SYSTEMS A/S AFRICA OIL CORP PITNEY BOWES INC TRIBUNE CLASS A HOSPIRA INC. ARYZTA AG MERIT MEDICAL SYSTEMS INC. ABAXIS INC. ABERCROMBIE & FITCH CO. CL A ROUSE PROPERTIES INC. 5,863,322 5,554,726 5,378,385 5,025,704 4,937,534 4,673,023 4,540,768 4,276,257 4,188,087 4,055,831 21,169,032 8,895,151 8,338,478 7,706,636 7,598,959 7,531,867 7,161,432 6,846,648 6,471,324 6,219, % 1.26% 1.22% 1.14% 1.12% 1.06% 1.03% 0.97% 0.95% 0.92% 3.25% 1.37% 1.28% 1.18% 1.17% 1.16% 1.10% 1.05% 0.99% 0.96% Expense Ratio Turnover Ratio 30 June June % 1.82% 30 June June % 85.16% Other Material Information 64

71 BlackRock (Singapore) Limited BlackRock Global Funds Latin American Fund Investments in Collective Investment Schemes BlackRock Global Funds Latin American Fund, an ILP subfund, feeds 100% into the underlying Luxembourg registered BlackRock Global Funds Latin American Fund (Class A2 USD). 1,931, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions USD 624,165 (1,290,434) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year 3 Years* 5 Years* 10 Years* BlackRock Global Funds Latin American Fund Benchmark: MSCI EM Latin America Net Div *Annualised Performance Since Inception* (8 Jan 1997) 2.32% 7.37% 22.87% 7.31% 5.45% 6.57% 8.19% 3.51% 6.38% 23.41% 8.08% 4.39% 7.45% 8.89% 65

72 Underlying Fund: BlackRock Global Funds Latin American Fund (Class A2 USD) Top 10 Holdings as at 30 June 2015 ITAU UNIBANCO HOLDING SA BANCO BRADESCO S/A AMBEV SA CEMEX SAB DE CV GRUPO TELEVISA SAB FOMENTO ECONOMICO MEXICANO SAB DE CV BB SEGURIDADE PARTICIPACOES SA CREDICORP LTD WAL MART DE MEXICO SAB DE CV AMERICA MOVIL SAB DE CV Top 10 Holdings as at 30 June 2014 ITAU UNIBANCO HOLDING SA PETROLEO BRASILEIRO SA BANCO BRADESCO SA BB SEGURIDADE PARTICIPACOES SA AMBEV S A VALE SA KROTON EDUCACIONAL SA GRUPO TELEVISA S.A.B CEMEX SAB DE CV CREDICORP LTD 111,977,795 94,188,414 90,852,906 80,687,546 78,622,707 75,763,699 74,175,362 65,280,672 64,168,835 61,786, ,986, ,391, ,125, ,198, ,824, ,322, ,412, ,478, ,201,750 95,458, % 5.93% 5.72% 5.08% 4.95% 4.77% 4.67% 4.11% 4.04% 3.89% 9.30% 6.95% 5.19% 5.08% 5.02% 4.43% 4.36% 4.21% 3.89% 3.64% Expense Ratio 30 June June % 2.09% Turnover Ratio Other Material Information For the 12 months ended 30 June % For the 12 months ended 30 June % 66

73 BlackRock (Singapore) Limited BlackRock Global Funds New Energy Fund Investments in Collective Investment Schemes BlackRock Global Funds New Energy Fund, an ILP subfund, feeds 100% into the underlying Luxembourg registered BlackRock Global Funds New Energy Fund (Class A2 USD). 1,312, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 USD Subscriptions 200,501 Redemptions (473,670) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Since Inception* Fund / Benchmark** 3 Months 6 Months 1 Year 3 Years* 5 Years* 10 Years* (6 Apr 2001) BlackRock Global Funds 0.63% 1.93% 8.74% 10.66% 2.61% 1.65% 2.47% New Energy Fund * Annualised Performance **There is no benchmark for BlackRock Global Funds New Energy Fund. 67

74 Underlying Fund: BlackRock Global Funds New Energy Fund (Class A2 USD) Top 10 Holdings as at 30 June 2015 VESTAS WIND SYSTEMS A/S EDP RENOVAVEIS SA NOVOZYMES A/S JOHNSON CONTROLS INC. AIR LIQUIDE SA KINGSPAN GROUP PLC JOHNSON MATTHEY PLC TRINA SOLAR LTD GAMESA CORP TECNOLOGICA SA SCHNEIDER ELECTRIC SE Top 10 Holdings as at 30 June 2014 NOVOZYMES A/S JOHNSON CONTROLS INC. EDP RENOVAVEIS SA ITC HOLDINGS CORP NEXTERA ENERGY INC SCHNEIDER ELECTRIC SE JOHNSON MATTHEY PLC REGALBELOIT CORPORATION TRINA SOLAR LTD ALTAGAS LTD 53,712,534 53,141,488 50,326,616 48,654,445 47,708,746 45,568,417 45,411,573 44,749,967 44,315,277 43,750,930 84,209,010 69,924,119 65,880,955 64,938,048 62,922,720 60,637,942 55,352,904 53,641,004 50,112,312 43,272, % 5.11% 4.84% 4.68% 4.59% 4.39% 4.37% 4.31% 4.27% 4.21% 6.05% 5.02% 4.73% 4.66% 4.52% 4.35% 3.97% 3.85% 3.60% 3.11% Expense Ratio 30 June June % 2.07% Turnover Ratio Other Material Information For the 12 months ended 30 June % For the 12 months ended 30 June % 68

75 BlackRock (Singapore) Limited BlackRock Global Funds United Kingdom Fund Investments in Collective Investment Schemes BlackRock Global Funds United Kingdom Fund, an ILP subfund, feeds 100% into the underlying Luxembourg registered BlackRock Global Funds United Kingdom Fund (Class A2 GBP). Market Value GBP 182, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions GBP 40,288 (33,030) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year Since Inception* 3 Years* 5 Years* 10 Years* (31 Dec 1985) BlackRock Global Funds United Kingdom Fund 0.11% 4.48% 6.16% 10.82% 9.72% 6.32% 8.82% Benchmark: FTSE AllShare TR Index 1.58% 3.02% 2.60% 11.03% 10.74% 7.05% 9.72% * Annualised Performance 69

76 Underlying Fund: BlackRock Global Funds United Kingdom Fund (Class A2 GBP) Top 10 Holdings as at 30 June 2015 BRITISH AMERICAN TOBACCO PLC SHIRE PLC CAPITAL & COUNTIES PROPERTIES PLC NEXT PLC LLOYDS BANKING GROUP PLC REED ELSEVIER PLC ROYAL DUTCH SHELL PLC COMPASS GROUP PLC CARNIVAL PLC WOLSELEY PLC Top 10 Holdings as at 30 June 2014 BRITISH AMERICAN TOBACCO PLC ROYAL DUTCH SHELL PLC COMPASS GROUP PLC NEXT PLC HSBC HOLDINGS PLC RIO TINTO PLC HARGREAVES LANSDOWN PLC CAPITAL & COUNTIES PROPERTIES PLC ESSENTRA PLC 3I GROUP PLC Market Value GBP 14,616,923 12,748,594 11,671,558 10,572,541 9,143,819 9,143,819 8,836,095 8,374,508 7,275,491 7,209,550 Market Value GBP 17,261,488 16,640,205 16,345,204 14,961,524 12,587,119 11,807,637 11,729,530 11,280,251 10,609,779 10,486, % 5.80% 5.31% 4.81% 4.16% 4.16% 4.02% 3.81% 3.31% 3.28% 6.29% 6.06% 5.95% 5.45% 4.59% 4.30% 4.27% 4.11% 3.87% 3.82% Expense Ratio Turnover Ratio 30 June June % 1.79% 30 June June % % Other Material Information 70

77 BlackRock (Singapore) Limited BlackRock Global Funds World Gold Fund Investments in Collective Investment Schemes BlackRock Global Funds World Gold Fund, an ILP subfund, feeds 100% into the underlying Luxembourg registered BlackRock Global Funds World Gold Fund (Class A2 USD). 2,602, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions USD 1,431,225 (1,118,764) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year Since Inception* 3 Years* 5 Years* 10 Years* (30 Dec 1994) BlackRock Global Funds World Gold Fund 2.12% 5.99% 26.25% 21.18% 15.11% 0.79% 4.26% Benchmark: FTSE Gold Mines (cap only) 2.34% 1.86% 31.01% 26.63% 20.25% 3.66% 2.82% * Annualised Performance 71

78 Underlying Fund: BlackRock Global Funds World Gold Fund (Class A2 USD) Top 10 Holdings as at 30 June 2015 RANDGOLD RESOURCES LIMITED FRANCO NEVADA CORP NEWCREST MINING LTD GOLDCORP INC ELDORADO GOLD CORPORATION FRESNILLO PLC AGNICO EAGLE MINES LIMITED ROYAL GOLD INC TAHOE RESOURCES INC SOURCE PHYSICAL MARKETS GOLD Top 10 Holdings as at 30 June 2014 FRANCO NEVADA CORP RANDGOLD RESOURCES LTD. ADS GOLDCORP INC ELDORADO GOLD CORPORATION FRESNILLO PLC ROYAL GOLD INC NEWCREST MINING LTD. BARRICK GOLD CORPORATION FREEPORT MCMORAN COPPER & GOLD INC TAHOE RESOURCES INC 246,867, ,626, ,453, ,805, ,846, ,403, ,377, ,313,723 90,641,591 81,860, ,899, ,049, ,585, ,254, ,118, ,836, ,237, ,525, ,864, ,539, % 8.12% 6.07% 5.70% 5.03% 4.98% 4.48% 4.09% 3.19% 2.88% 10.37% 8.98% 7.36% 6.01% 5.82% 5.29% 4.38% 3.25% 3.13% 2.91% Expense Ratio Turnover Ratio 30 June June % 2.07% 30 June June % 38.11% Other Material Information 72

79 BlackRock (Singapore) Limited BlackRock Global Funds World Mining Fund Investments in Collective Investment Schemes BlackRock Global Funds World Mining Fund, an ILP subfund, feeds 100% into the underlying Luxembourg registered BlackRock Global Funds World Mining Fund (Class A2 USD). 2,740, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions USD 862,635 (1,074,262) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year Since Inception* 3 Years* 5 Years* 10 Years* (24 Mar 1997) BlackRock Global Funds World Mining Fund 2.19% 9.48% 32.00% 16.76% 11.39% 1.01% 6.53% Benchmark: HSBC Global Mining (cap only) 3.27% 10.04% 31.71% 15.92% 10.95% 1.47% 3.67% * Annualised Performance 73

80 Underlying Fund: BlackRock Global Funds World Mining Fund (Class A2 USD) Top 10 Holdings as at 30 June 2015 RIO TINTO PLC BHP BILLITON PLC GLENCORE PLC FIRST QUANTUM MINERALS LTD RANDGOLD RESOURCES LIMITED MMC NORILSK NICKEL OJSC FREEPORTMCMORAN INC LUNDIN MINING CORPORATION SOUTHERN COPPER CORP SOCIEDAD MINERA CERRO VERDE SAA Top 10 Holdings as at 30 June 2014 BHP BILLITON PLC FREEPORT MCMORAN COPPER & GOLD INC GLENCORE PLC RIO TINTO PLC FIRST QUANTUM MINERALS LTD FORTESCUE METALS GROUP LTD RANDGOLD RESOURCES LIMITED TECK RESOURCES LTD VALE SA VEDANTA RESOURCES PLC 451,695, ,511, ,965, ,145, ,150, ,560, ,538, ,131, ,485, ,450, ,813, ,375, ,837, ,972, ,991, ,402, ,167, ,274, ,300, ,521, % 9.53% 9.09% 6.70% 4.60% 4.18% 3.41% 3.23% 3.07% 2.56% 9.65% 8.92% 8.56% 7.69% 5.09% 3.74% 3.62% 3.04% 2.64% 2.57% Expense Ratio Turnover Ratio 30 June June % 2.07% 30 June June % 31.37% Other Material Information 74

81 BNP Paribas Investment Partners Singapore Limited Parvest Bond Best Selection World Emerging Investments in Collective Investment Schemes Parvest Bond Best Selection World Emerging, an ILP subfund, feeds 100% into the Luxembourg registered Parvest Bond Best Selection World Emerging (Classic Capitalisation). 159, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions USD 32,701 (52,470) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year Since Inception* 3 Years* 5 Years* 10 Years* (27 May 1998) Parvest Bond Best Selection World Emerging 0.13% 0.68% 10.19% 0.99% 2.04% 3.01% 10.23% Benchmark: JPM EMBI Global Composite Gross Return Index 0.84% 1.20% 2.11% 3.24% 6.40% 7.28% 9.23% * Annualised Performance 75

82 Underlying Fund: Parvest Bond Best Selection World Emerging (Classic Capitalisation) Top 10 Holdings as at 30 June 2015 MEXICAN BONOS 8.5% 0918/11/2038 MALAYSIA GOVT 3.955% 1515/09/2025 TURKEY GOVT BOND 9% 1208/03/2017 TURKEY GOVT BOND 10.7% 1424/02/2016 NIGERIA GOVERNME 14.2% 1414/03/2024 POLAND GOVT BOND 1.5% 1525/04/2020 POLAND GOVT BOND 3.25% 1425/07/2025 INDONESIA GOVT 9% 1315/03/2029 KAZAKHSTAN TEMIR 6.95% 1210/07/2042 ARGENT$DIS 8.28% 0531/12/2033 Top 10 Holdings as at 30 June 2014 PARVEST BD WORLD EMERG CORP CAP CI.X NOTA DO TESOURO NAC 6% 0415/05/45 FLAT RUSSIAOFZ 6.8% 1211/12/2019 MEXICAN BONOS 6.5% 1110/06/2021 MEXICAN BONOS 10% 0505/12/2024 ARG BODEN 7% 0503/10/2015 FLAT ALFA BANK 7.5% 1226/09/2019 VENEZUELA 5.75% 0526/02/2016 MEXICAN BONOS 5% 1215/06/2017 VENEZUELA 11.75% 1121/10/ ,192,746 11,185,854 8,021,326 7,852,141 7,684,585 7,388,734 7,108,557 6,964,627 6,958,836 5,909,781 25,946,266 19,369,308 13,791,071 13,246,218 12,158,847 10,524,500 8,807,880 7,554,656 7,430,436 6,947, % 6.59% 4.72% 4.62% 4.52% 4.35% 4.19% 4.10% 4.10% 3.48% 8.46% 6.32% 4.50% 4.32% 3.97% 3.43% 2.87% 2.46% 2.42% 2.27% Expense Ratio Turnover Ratio 31 May May % 1.89% 30 June June % % Other Material Information 76

83 BNP Paribas Investment Partners Singapore Limited Parvest Bond Euro Investments in Collective Investment Schemes Parvest Bond Euro, an ILP subfund, feeds 100% into the Luxembourg registered Parvest Bond Euro (Classic Capitalisation). Market Value EUR 83, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions EUR 8,643 (8,678) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year 3 Years* 5 Years* 10 Years* Parvest Bond Euro Benchmark: Barclays EuroAggregate *Annualised Performance Since Inception* (30 Jun 1997) 4.38% 1.28% 2.73% 6.33% 4.49% 4.53% 5.36% 4.34% 1.22% 3.50% 6.12% 5.04% 4.26% 5.29% 77

84 Underlying Fund: Parvest Bond Euro (Classic Capitalisation) Top 10 Holdings as at 30 June 2015 SPANISH GOVT 2.75% 1430/04/2019 FRANCE O.A.T. 2.25% 1225/10/2022 ITALY BTPS 3.75% 0601/08/2021 ITALY BTPS 3.5% 1201/11/2017 FRANCE O.A.T. 2.5% 1025/10/2020 ITALY BTPS 4% 1001/09/2020 SPANISH GOVT 4.1% 0830/07/2018 ITALY BTPS 3.75% 1401/09/2024 FRANCE O.A.T. 2.75% 1225/10/2027 NETHERLANDS GOVT 2.25% 1215/07/2022 Top 10 Holdings as at 30 June 2014 SPANISH GOVT 3.8% 0631/01/2017 ITALY BTPS 4% 0501/02/2037 FRANCE O.A.T. 3.5% 1025/04/2020 ITALY BTPS 3.75% 0601/08/2016 BUNDESOBL 0.5% 1213/10/2017 SPANISH GOVT 4.1% 0830/07/2018 ITALY BTPS 4% 1001/09/2020 ITALY BTPS 2.55% I/L 1222/10/2016 DEUTSCHLAND REP 3.75% 0804/01/2019 FRANCE O.A.T. 2.75% 1225/10/2027 Market Value EUR 38,211,379 38,171,211 30,800,685 30,078,343 28,202,808 28,168,756 27,998,769 27,740,946 27,589,156 26,694,753 Market Value EUR 32,539,446 32,211,723 30,608,613 30,268,650 28,473,557 28,419,392 28,029,789 27,545,820 26,781,966 26,157, % 2.37% 1.91% 1.87% 1.75% 1.75% 1.74% 1.72% 1.72% 1.66% 2.27% 2.25% 2.13% 2.11% 1.99% 1.98% 1.95% 1.92% 1.87% 1.82% Expense Ratio Turnover Ratio Other Material Information For the 12 months ended 31 May % For the 12 months ended 30 June % For the 12 months ended 31 May % For the 12 months ended 30 June % 78

85 BNP Paribas Investment Partners Singapore Limited Parvest Bond World Investments in Collective Investment Schemes Parvest Bond World, an ILP subfund, feeds 100% into the Luxembourg registered Parvest Bond World (Classic USD Capitalisation). 197, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 USD Subscriptions 33,317 Redemptions (95,333) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year Since Inception* 3 Years* 5 Years* 10 Years* (1 Jul 1998) Parvest Bond World 4.89% 5.49% 14.36% 4.88% 5.07% 4.82% 4.80% Benchmark: Barclays Global Aggregate Gross 4.74% 5.26% 14.17% 3.59% 4.02% 5.03% 4.95% Return Index *Annualised Performance 79

86 Underlying Fund: Parvest Bond World (Classic USD Capitalisation) Top 10 Holdings as at 30 June 2015 G2SF 3 7/13 3% 1320/04/2043 PARSELECT US MORTGAGE FUND A SPANISH GOVT 1.4% 1431/01/2020 INSTIT CRDT OFCL 1.875% 1415/12/2017 AUSTRALIAN GOVT. 2.75% 1221/04/2024 SPANISH GOVT 2.75% 1431/10/2024 NIGERIA GOVERNME 14.2% 1414/03/2024 ROYAL BK SCOTLND 1.875% 1431/03/2017 FNR HS 1225/03/2042 FRN BRAZIL NTNF 10% 1401/01/2025 FLAT Top 10 Holdings as at 30 June 2014 FFTW MORTGAGE TOTAL RETURN AAC US TSY INFL IX N/B 0.625% 1415/01/2024 GERMAN TBILL 0% 1416/07/2014 ITALY BTPS 2.55% I/L 1222/10/2016 BUNDESOBL167 1% 1312/10/2018 US TREASURY N/B 2% 1315/02/2023 UK TSY I/L GILT 0.125% 1222/03/2024 BUNDESOBLIGATIONI/L 0.75% 1115/04/2018 BUNDESOBL 0.5% 1213/10/2017 POLAND GOVT BOND 3% I/L 0424/08/2016 9,059,891 8,531,811 3,158,686 2,430,846 1,867,658 1,813,347 1,786,064 1,695,612 1,690,839 1,621,370 6,300,579 5,913,046 4,999,934 4,820,099 4,005,015 3,445,094 2,907,212 2,539,269 2,523,697 1,931, % 6.20% 2.30% 1.77% 1.36% 1.32% 1.30% 1.23% 1.23% 1.18% 5.48% 5.14% 4.35% 4.19% 3.48% 2.99% 2.53% 2.21% 2.19% 1.68% Expense Ratio Turnover Ratio Other Material Information For the 12 months ended 31 May % For the 12 months ended 30 June % For the 12 months ended 31 May % For the 12 months ended 30 June % 80

87 BNP Paribas Investment Partners Singapore Limited Parvest Equity Brazil Investments in Collective Investment Schemes Parvest Equity Brazil, an ILP subfund, feeds 100% into the underlying Luxembourg registered Parvest Equity Brazil (Classic Capitalisation). 361, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions USD 149,801 (120,263) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year Since Inception* 3 Years* 5 Years* 10 Years* (12 Dec 2006) Parvest Equity Brazil 5.74% 9.35% 27.53% 9.83% 7.27% NA 0.41% Benchmark: MSCI Brazil 10/40 Net Return Index 7.62% 7.47% 27.30% 8.88% 6.32% NA 1.39% * Annualised Performance 81

88 Underlying Fund: Parvest Equity Brazil (Classic Capitalisation) Top 10 Holdings as at 30 June 2015 ITAU UNIBANCO HOLDING SPREF AMBEV SA PETROLEO BRASILSP PREF ADR BANCO BRADESCO SAPREF SUZANO PAPEL E CELULOPREF A BRF SA ITAUSAINVESTIMENTOS ITAUPR KROTON EDUCACIONAL SA BB SEGURIDADE PARTICIPACOES CIELO SA Top 10 Holdings as at 30 June 2014 ITAU UNIBANCO HOLDING SA ITAUSAINVESTIMENTOS ITAUPR VALE SASP PREF ADR BANCO BRADESCO SAPREF PETROLEO BRASILEIROSPON ADR AMBEV SA BRF BRASIL FOODS SA KLABIN SA UNIT CCR SA CETIP SABALCAO ORGANIZADO 15,403,664 12,272,657 11,737,083 9,331,954 8,585,553 8,565,593 8,282,811 8,066,068 7,584,277 7,210,045 24,468,405 20,709,498 18,469,990 17,755,234 14,201,167 12,943,443 12,772,920 12,632,957 9,758,387 7,973, % 6.89% 6.59% 5.24% 4.82% 4.81% 4.65% 4.53% 4.26% 4.05% 8.12% 6.88% 6.13% 5.89% 4.71% 4.30% 4.24% 4.19% 3.24% 2.65% Expense Ratio Turnover Ratio 31 May May % 2.25% 30 June June % % Other Material Information 82

89 BNP Paribas Investment Partners Singapore Limited Parvest Equity Russia Investments in Collective Investment Schemes Parvest Equity Russia, an ILP subfund, feeds 100% into the underlying Luxembourg registered Parvest Equity Russia (Classic Capitalisation). Market Value EUR 298, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions EUR 93,386 (128,568) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year Since Inception* 3 Years* 5 Years* 10 Years* (6 Mar 2007) Parvest Equity Russia 0.85% 37.55% 7.14% 1.29% 1.37% NA 0.82% Benchmark: MSCI Russia 10/40 Net Return Index 3.47% 29.91% 5.14% 2.57% 1.50% NA 0.67% * Annualised Performance 83

90 Underlying Fund: Parvest Equity Russia (Classic Capitalisation) Top 10 Holdings as at 30 June 2015 MAGNIT PJSC SURGUTNEFTEGASPREFERENCE LUKOIL OAO MOBILE TELESYSTEMS OJSC E.ON RUSSIA JSC TATNEFTPREF 3 SERIES LUXOFT HOLDING INC NOVATEK OAO MEGAFONREG S GDR ALROSA AO Top 10 Holdings as at 30 June 2014 SURGUTNEFTEGASPFD MOBILE TELESYSTEMS OJSC MAGNIT LUKOIL OAOSPON ADR E.ON RUSSIA JSC GAZPROM OAO SISTEMA JSFC MEGAFONGDRWI GAZPROM NEFTSPONSORED ADR MMC NORILSK NICKEL JSCADR Market Value EUR 42,605,593 39,615,288 29,044,728 23,349,499 22,873,971 20,960,067 17,576,280 17,249,120 15,968,408 14,982,543 Market Value EUR 125,178, ,638,979 97,388,974 95,508,089 59,787,986 58,184,345 54,658,499 51,305,555 45,449,902 40,701, % 8.08% 5.92% 4.76% 4.66% 4.27% 3.58% 3.52% 3.26% 3.05% 9.27% 8.79% 7.21% 7.07% 4.43% 4.31% 4.05% 3.80% 3.37% 3.01% Expense Ratio Turnover Ratio 31 May May % 2.25% 30 June June % % Other Material Information 84

91 BNP Paribas Investment Partners Singapore Limited Parvest Equity World Materials Investments in Collective Investment Schemes Parvest Equity World Materials, an ILP subfund, feeds 100% into the Luxembourg registered Parvest Equity World Materials (Classic Capitalisation). Market Value EUR 60, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions EUR 63,098 (37,555) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year Since Inception* 3 Years* 5 Years* 10 Years* (22 Jul 2004) Parvest Equity World Materials Benchmark: MSCI World 2.39% 13.92% 12.86% 9.71% 8.42% 7.16% 8.13% Materials Net Return Index 4.44% 9.74% 10.71% 8.54% 6.48% 7.12% 8.15% * Annualised Performance 85

92 Underlying Fund: Parvest Equity World Materials (Classic Capitalisation) Top 10 Holdings as at 30 June 2015 LYONDELLBASELL INDUCL A MONSANTO CO ECOLAB INC DOW CHEMICAL CO/THE AIR LIQUIDE SA AKZO NOBEL PRAXAIR INC CELANESE CORPSERIES A INTERNATIONAL PAPER CO SUMITOMO CHEMICAL CO LTD Top 10 Holdings as at 30 June 2014 BASF SE BHP BILLITON LTD LYONDELLBASELL INDUCL A MONSANTO CO BHP BILLITON PLC DOW CHEMICAL CO/THE LINDE AG RIO TINTO PLC EASTMAN CHEMICAL CO CELANESE CORPSERIES A Market Value EUR 5,011,829 3,331,535 3,171,379 3,026,525 2,769,995 2,589,522 2,398,189 2,080,920 2,073,766 2,064,019 Market Value EUR 6,211,186 5,917,287 5,477,786 5,253,357 5,107,927 4,684,151 4,202,884 4,086,006 3,086,773 2,946, % 3.92% 3.73% 3.56% 3.26% 3.05% 2.82% 2.45% 2.44% 2.43% 7.14% 6.80% 6.30% 6.04% 5.87% 5.38% 4.83% 4.70% 3.55% 3.39% Expense Ratio Turnover Ratio 31 May May % 2.02% 30 June June % 67.72% Other Material Information 86

93 BNP Paribas Investment Partners Singapore Limited Parvest Global Environment Investments in Collective Investment Schemes Parvest Global Environment, an ILP subfund, feeds 100% into the Luxembourg registered Parvest Global Environment (Classic Capitalisation). 26, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions USD 3,432 (1,650) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year Since Inception* 3 Years* 5 Years* 10 Years* (30 Nov 2012) Parvest Global Environment 1.12% 13.94% 20.21% 21.42% 14.14% NA 9.14% Benchmark: MSCI World Net Return Index 3.31% 11.46% 24.64% 19.31% 15.26% NA 9.66% * Annualised Performance 87

94 Underlying Fund: Parvest Global Environment (Classic Capitalisation) Top 10 Holdings as at 30 June 2015 DANAHER CORP XYLEM INC DELPHI AUTOMOTIVE PLC SCHNEIDER ELECTRIC SE AMERICAN WATER WORKS CO INC PENTAIR PLC BORGWARNER INC IDEX CORP INGERSOLLRAND PLC ENEL GREEN POWER SPA Top 10 Holdings as at 30 June 2014 DANAHER CORP GEA GROUP AG PALL CORP LINDE AG AGILENT TECHNOLOGIES INC DELPHI AUTOMOTIVE PLC PENTAIR PLC AMERICAN WATER WORKS CO INC WATTS WATER TECHNOLOGIESA SCHNEIDER ELECTRIC ACT Market Value EUR 11,173,789 10,842,027 10,396,223 10,141,843 9,721,243 9,718,296 9,537,407 9,354,984 9,324,558 9,251,719 Market Value EUR 7,162,495 7,035,889 7,013,063 7,003,564 6,956,778 6,769,420 6,694,995 6,693,655 6,642,710 6,570, % 3.09% 2.96% 2.89% 2.77% 2.77% 2.71% 2.66% 2.65% 2.63% 3.00% 2.95% 2.94% 2.94% 2.92% 2.84% 2.81% 2.81% 2.79% 2.76% Note: Market values are based in EUR according to data source provided by BNP Paribas Investment Partners Singapore Limited. Expense Ratio Turnover Ratio 31 May May % 2.25% 30 June June % 25.43% Other Material Information 88

95 BNP Paribas Investment Partners Singapore Limited Parvest Money Market Euro Investments in Collective Investment Schemes Parvest Money Market Euro, an ILP subfund, feeds 100% into the Luxembourg registered Parvest Money Market Euro (Classic Capitalisation). Market Value EUR 165, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions EUR 8,627 (145,546) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year Since Inception* 3 Years* 5 Years* 10 Years* (7 Feb 1991) Parvest Money Market Euro 0.28% 0.34% 0.38% 0.45% 0.72% 1.80% 3.81% Benchmark: EONIA Euro Overnight Index Average 0.10% 0.07% 0.03% 0.07% 0.31% 1.43% 3.80% * Annualised Performance 89

96 Underlying Fund: Parvest Money Market Euro (Classic Capitalisation) Investments by Credit Rating of Debt Securities / Money Market Instruments (by Moodys or equivalent) Market Value EUR AAA/Aaa NA NA AA/Aa 30,007, % A/A 997,484, % BBB/Baa 106,920, % UCITS/Cash 228,168, % Investments by Maturity of Money Market Instruments Market Value EUR <15 days 268,167, days 1 month NA 1 3 months 107,019, months 282,155,217 6 months 1 year 705,238, years NA > 3 years NA 19.68% NA 7.85% 20.71% 51.76% NA NA Top 10 Holdings as at 30 June 2015 BNP PARIBAS MONEY 3MIC ING BANK NV 0% 26/05/2016 CD BNP PARIBAS INV 3M X 3D PARTS X 3 DEC CREDIT AGRICOLE EONIA /04/2016 CD BPCE SA EONIACAP /05/2016 CD SOCIETE GENERALE SA 0% 31/12/2015 CD BANCO BILBAO VIZCAYA AR 0% 07/04/2016 CD BARCLAYS BAN EONIACAP /11/2015 CD ANHEUSER BUSCH INBEV N 0% 07/12/2015 ECP BNP PARIBAS INSTICASH MONEY 3M EUR Top 10 Holdings as at 30 June 2014 BNP PARIBAS INSTICASH MONEY 3M EUR BPCE SA EONIA /11/2014 CD BNP PARIBAS FORTIS SA 0% 06/02/2015 CD BNP PARIBAS MONEY 3MIC SOCIETE GEN EONIACAP /02/2015 CD BNP PARIBAS EONIACAP /01/2015 CD CREDIT DU NORD SA 13 10/07/2015 FRN ITALY BOTS 0% 1312/09/2014 ITALY BOTS 0% 1428/11/2014 ITALY BOTS 0% 1430/09/2014 Market Value EUR 55,406,592 44,972,466 43,784,623 40,025,716 40,018,211 40,004,344 39,965,732 35,034,173 34,004,842 33,543,772 Market Value EUR 52,120,540 50,201,251 44,921,683 40,446,063 40,121,462 30,093,352 30,044,348 29,990,100 29,971,200 29,986, % 3.30% 3.21% 2.94% 2.94% 2.94% 2.93% 2.57% 2.50% 2.46% 5.09% 4.90% 4.39% 3.95% 3.92% 2.94% 2.94% 2.93% 2.93% 2.93% 90

97 Underlying Fund: Parvest Money Market Euro (Classic Capitalisation) (cont d) Expense Ratio 31 May May % 0.34% Turnover Ratio 30 June June 2014 NA* NA* * Note: Parvest Money Market Euro (Classic Capitalisation) is a money market fund that invests in issues with short maturities according to a buy and hold approach. As such, turnover is believed to be an irrelevant measure. However, given that the weighted average life of the portfolio generally ranges between 2 and 3 months, it is considered that excluding the effect of redemptions and subscriptions, the portfolio s turnover would tend to be between 400% and 600%. Other Material Information 91

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99 BNP Paribas Investment Partners Singapore Limited Parvest Money Market USD Investments in Collective Investment Schemes Parvest Money Market USD, an ILP subfund, feeds 100% into the Luxembourg registered Parvest Money Market USD (Classic Capitalisation). 1,587, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions USD 1,216,261 (503,403) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year Since Inception* 3 Years* 5 Years* 10 Years* (26 Jul 1990) Parvest Money Market USD 0.31% 0.30% 0.28% 0.28% 0.34% 1.80% 3.58% Benchmark: BBA LIBOR USD 3 Month 0.15% 0.14% 0.13% 0.15% 0.19% 1.68% 3.30% * Annualised Performance 93

100 Underlying Fund: Parvest Money Market USD (Classic Capitalisation) Investments by Credit Rating of Debt Securities / Money Market Instruments (by Moodys or equivalent) A1+ 69,488, % A1 493,321, % A2 263,429, % Investments by Maturity of Money Market Instruments <15 days 173,473, days 1 month 85,120, months 438,431, months 88,600,017 6 months 1 year 40,644, years NA > 3 years NA 20.82% 10.21% 52.61% 10.63% 4.88% NA NA Top 10 Holdings as at 30 June 2015 PLAINS ALL AMER 0% 1501/07/2015 CONS EDISON CO 0% 1506/07/2015 MONSANTO CO 0% 1527/08/2015 ONEOK PARTNERS 0% 1516/07/2015 WHIRLPOOL CORP 0% 1505/08/2015 VIRGINIA EL&POW 0% 1518/08/2015 LLOYDS BK PLC NY 0.48% 1404/09/2015 DUKE ENERGY CORP 0% 1513/08/2015 SMBC NY 0.26% 1520/08/2015 AKZO NOBEL NV 0% 1508/07/2015 Top 10 Holdings as at 30 June 2014 MIZUHO BANK LTD 0.2% 1429/07/2014 KINDER MORGAN EN 0% 1403/07/2014 TIME WARNER CABL 0% 1415/07/2014 DEXIA CREDIT LOCAL 0% 21/08/2014 ECP AXA FINANCIAL 0% 1402/07/2014 PLAINS ALL AMER 0% 1403/07/2014 MITSUB UFJ T&B 0.25% 1412/12/2014 BPCE 0% 1303/11/2014 STANDARD CHART 0% 1404/08/2014 GDF SUEZ 0% 1401/10/ ,999,804 15,999,173 14,986,708 13,995,644 13,993,420 13,491,548 13,257,387 13,192,579 11,173,869 10,999,144 15,256,363 12,499,760 12,198,526 12,196,587 11,999,864 11,699,756 11,601,754 11,388,828 10,648,197 10,494, % 1.94% 1.82% 1.70% 1.70% 1.64% 1.61% 1.60% 1.35% 1.33% 2.50% 2.05% 2.00% 2.00% 1.97% 1.92% 1.90% 1.87% 1.74% 1.72% 94

101 Underlying Fund: Parvest Money Market USD (Classic Capitalisation) (cont d) Expense Ratio 31 May May % 0.17% Turnover Ratio 30 June June 2014 NA* NA* * Note: Parvest Money Market USD (Classic Capitalisation) is a money market fund that invests in issues with short maturities according to a buy and hold approach. As such, turnover is believed to be an irrelevant measure. However, given that the weighted average life of the portfolio generally ranges between 2 and 3 months, it is considered that excluding the effect of redemptions and subscriptions, the portfolio s turnover would tend to be between 400% and 600%. Other Material Information 95

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103 Deutsche Asset Management (Asia) Limited Deutsche Noor Precious Metals Securities Fund Investments in Collective Investment Schemes Deutsche Noor Precious Metals Securities Fund, an ILP subfund, feeds 100% into the underlying Ireland registered Deutsche Noor Precious Metals Securities Fund (Class A). 240, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions USD 118,715 (85,544) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark** 3 Months 6 Months 1 Year Since Inception* 3 Years* 5 Years* 10 Years* (14 Feb 2007) Deutsche Noor Precious Metals Securities Fund * Annualised Performance 3.96% 11.38% 36.63% 24.54% 19.60% NA 10.11% **There is no benchmark against which the performance can be measured against as there is no corresponding index currently available in the market that is truly representative of the asset classes of Deutsche Noor Precious Metals Securities Fund. 97

104 Underlying Fund: Deutsche Noor Precious Metals Securities Fund (Class A) Top 10 Holdings as at 30 June 2015 FRANCONEVADA CORP RANDGOLD RESOURCES LTD GOLDCORP INC AGNICO EAGLE MINES LTD ROYAL GOLD INC B2GOLD CORP CIA DE MINAS BUENAVENTURA SAA FRESNILLO PLC SILVER WHEATON CORP SEMAFO INC Top 10 Holdings as at 30 June 2014 GOLDCORP INC RANDGOLD RESOURCES LTD FRANCONEVADA CORP AGNICO EAGLE MINES LTD ELDORADO GOLD CORP TAHOE RESOURCES INC SEMAFO INC YAMANA GOLD INC B2GOLD CORP NEWCREST MINING LTD 9,128,177 8,891,488 7,927,164 6,217,715 4,513,133 4,408,617 4,372,590 4,341,669 4,322,041 4,179,114 10,971,094 10,911,737 8,481,590 7,665,642 7,557,959 6,057,350 5,916,239 5,547,287 4,762,598 4,497, % 9.79% 8.73% 6.84% 4.97% 4.85% 4.81% 4.78% 4.76% 4.60% 8.54% 8.50% 6.60% 5.97% 5.89% 4.72% 4.61% 4.32% 3.71% 3.50% Expense Ratio Turnover Ratio 30 June June % 1.91% 30 June June % 3.88% Other Material Information 98

105 Deutsche Asset Management (Asia) Limited Deutsche Singapore Equity Fund^ Investments in Collective Investment Schemes Deutsche Singapore Equity Fund, an ILP subfund, feeds 100% into the underlying Singapore registered Deutsche Singapore Equity Fund (Class A). ^Prior to 28 November 2014, Deutsche Singapore Equity Fund was known as DWS Singapore Equity Fund. Market Value SGD 763, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions SGD 420,957 (298,029) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year 3 Years* 5 Years* 10 Years* Deutsche Singapore Equity Fund Benchmark: MSCI Singapore Total *Annualised Performance Since Inception* (12 Dec 2003) 1.42% 0.14% 1.20% 7.12% 5.54% 7.06% 9.05% 1.88% 0.36% 4.18% 7.63% 5.69% 7.31% 8.79% 99

106 Underlying Fund: Deutsche Singapore Equity Fund (Class A) Top 10 Holdings as at 30 June 2015 SINGAPORE TELECOMMUNICATIONS LIMITED DBS GROUP HOLDINGS LIMITED UNITED OVERSEAS BANK LIMITED OVERSEACHINESE BANKING CORPORATION LIMITED CAPITALAND LIMITED KEPPEL CORPORATION LIMITED COMFORTDELGRO CORPORATION LIMITED GLOBAL LOGISTIC PROPERTIES LIMITED SINGAPORE EXCHANGE LIMITED UOL GROUP LIMITED Top 10 Holdings as at 30 June 2014 UNITED OVERSEAS BANK LIMITED SINGAPORE TELECOMMUNICATIONS LIMITED DBS GROUP HOLDINGS LIMITED OVERSEACHINESE BANKING CORPORATION LIMITED KEPPEL CORPORATION LIMITED COMFORTDELGRO CORPORATION LIMITED CAPITALAND LIMITED GLOBAL LOGISTIC PROPERTIES LIMITED SINGAPORE TECHNOLOGIES ENGINEERING LIMITED GENTING SINGAPORE PLC Market Value SGD 9,221,562 8,832,221 6,878,090 6,596,324 3,657,500 3,361,980 2,926,510 2,670,668 2,200,230 2,028,600 Market Value SGD 7,039,387 6,965,798 6,709,883 5,464,512 4,053,828 2,329,210 2,267,340 2,205,800 2,084,500 1,603, % 12.82% 9.98% 9.57% 5.31% 4.88% 4.25% 3.88% 3.19% 2.94% 10.64% 10.53% 10.14% 8.26% 6.13% 3.52% 3.43% 3.33% 3.15% 2.42% Expense Ratio Turnover Ratio Other Material Information For the 12 months ended 30 June % For the 12 months ended 30 June % For the 12 months ended 30 June % For the 12 months ended 30 June % 100

107 Deutsche Asset Management (Asia) Limited DWS Global Agribusiness Investments in Collective Investment Schemes DWS Global Agribusiness, an ILP subfund, feeds 100% into the underlying Luxembourg registered DWS Global Agribusiness (LC Share Class). Market Value EUR 378, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions EUR 95,720 (99,290) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Since Inception* Fund / Benchmark 3 Months 6 Months 1 Year 3 Years* 5 Years* 10 Years* (15 Sep 2006) DWS Global Agribusiness 4.57% 2.25% 5.52% 3.68% 6.80% NA 4.62% Reference: MSCI World 0.49% 2.27% 1.97% 14.90% 13.72% NA 5.63% Free Total *Annualised Performance 101

108 Underlying Fund: DWS Global Agribusiness (LC Share Class) Top 10 Holdings as at 30 June 2015 MOSAIC CO / THE POTASH CORP OF SASKATCHEWAN INC AGRIUM INC CF INDUSTRIES HOLDINGS INC KWS SAAT SE VILMORIN & CIE SA SLC AGRICOLA SA BUNGE LTD AMBEV SA ANDERSONS INC / THE Top 10 Holdings as at 30 June 2014 POTASH CORP. OF SASKATCHEWAN INC. MOSAIC CO / THE AGRIUM INC VILMORIN & CIE KWS SAAT AG CF INDUSTRIES HOLDINGS INC. YARA INTERNATIONAL ASA SYNGENTA AG SLC AGRICOLA SA DOW CHEMICAL CO 29,455,369 28,051,648 21,492,423 19,179,445 16,609,219 14,300,568 7,905,102 7,496,822 7,477,519 6,279,691 40,837,500 40,425,000 24,337,500 20,625,000 17,325,000 16,912,500 15,675,000 14,025,000 12,375,000 8,250, % 9.79% 7.50% 6.69% 5.80% 4.99% 2.76% 2.62% 2.61% 2.19% 9.90% 9.80% 5.90% 5.00% 4.20% 4.10% 3.80% 3.40% 3.00% 2.00% Note: Market values are based in USD according to data source provided by Deutsche Asset Management (Asia) Limited. Expense Ratio For the 12 months ended 31 December % For the 12 months ended 31 December % Turnover Ratio 30 June June % % Note: The Turnover Ratio as at 30 June 2014 was revised according to data source provided by Deutsche Asset Management (Asia) Limited. Other Material Information 102

109 FIL Investment Management (Singapore) Limited Fidelity Funds ASEAN Fund Investments in Collective Investment Schemes Fidelity Funds ASEAN Fund, an ILP subfund, feeds 100% into the underlying Luxembourg registered Fidelity Funds ASEAN Fund (Class A). Market Value SGD 5, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions SGD 2,843 (878) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year Since Inception* 3 Years* 5 Years* 10 Years* (15 May 2006) Fidelity Funds ASEAN Fund 6.67% 3.31% 0.54% 4.63% 6.07% NA 6.78% Benchmark: MSCI ASEAN SE Asia Blend 7.23% 3.37% 0.32% 4.81% 5.88% NA 7.36% * Annualised Performance 103

110 Underlying Fund: Fidelity Funds ASEAN Fund (Class A) Top 10 Holdings as at 30 June 2015 DBS GROUP HOLDINGS UNITED OVERSEAS BANK SINGAPORE TELECOMMUNICATIONS OVERSEACHINESE BANKING KASIKORNBANK PUBLIC BANK MALAYAN BANKING TELEKOMUNIKASI INDONESIA TENAGA NASIONAL CAPITALAND Top 10 Holdings as at 30 June 2014 UNITED OVERSEAS BANK SINGAPORE TELECOMMUNICATIONS DBS GROUP HOLDINGS KASIKORNBANK MALAYAN BANKING OVERSEACHINESE BANKING KEPPEL TELEKOMUNIKASI INDONESIA BANK CENTRAL ASIA BANK RAKYAT INDONESIA Market Value SGD 85,382,142 74,196,517 62,150,807 47,517,474 46,805,654 43,579,747 40,546,981 38,883,339 34,214,905 32,793,998 Market Value SGD 84,091,122 78,958,130 74,973,372 61,857,476 56,386,980 50,149,092 44,152,724 43,630,573 41,931,786 40,624, % 5.22% 4.37% 3.34% 3.29% 3.06% 2.85% 2.73% 2.41% 2.31% 4.75% 4.46% 4.23% 3.49% 3.18% 2.83% 2.49% 2.46% 2.37% 2.29% Expense Ratio Turnover Ratio 30 April April % 1.94% 30 April April % 66.54% Other Material Information 104

111 FIL Investment Management (Singapore) Limited Fidelity Funds Asian Special Situations Fund Investments in Collective Investment Schemes Fidelity Funds Asian Special Situations Fund, an ILP subfund, feeds 100% into the underlying Luxembourg registered Fidelity Funds Asian Special Situations Fund (Class A). 1,396,783 99% Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions USD 435,118 (274,530) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year 3 Years* 5 Years* 10 Years* Fidelity Funds Asian Special Situations Fund Benchmark: Asian Special Sits Composite *Annualised Performance Since Inception* (3 Oct 1994) 1.77% 6.97% 7.02% 10.69% 8.93% 11.32% 7.02% 0.56% 5.46% 4.08% 9.43% 8.10% 9.32% 4.05% 105

112 Underlying Fund: Fidelity Funds Asian Special Situations Fund (Class A) Top 10 Holdings as at 30 June 2015 TAIWAN SEMICONDUCTOR MANUFACTURING AIA GROUP TENCENT HOLDINGS SAMSUNG ELECTRONICS INDUSTRIAL & COMMERCIAL BANK OF CHINA (H) HDFC BANK HOUSING DEVELOPMENT FINANCE BANK RAKYAT INDONESIA PERSERO UNITED OVERSEAS BANK HONG KONG EXCHANGES AND CLEARING Top 10 Holdings as at 30 June 2014 TAIWAN SEMICONDUCTOR MANUFACTURING SAMSUNG ELECTRONICS AIA GROUP TENCENT HOLDINGS INDUSTRIAL & COMMERCIAL BANK OF CHINA (H) CHINA MOBILE UNITED OVERSEAS BANK HYUNDAI MOTOR SHINHAN FINANCIAL GROUP SANDS CHINA 105,545,787 94,417,751 77,445,091 60,713,911 58,696,023 44,858,947 41,680,880 38,806,439 35,970,581 35,913,467 69,414,903 65,413,759 48,791,878 46,564,597 37,079,984 32,227,131 31,743,183 30,268,053 25,477,792 24,918, % 4.34% 3.56% 2.79% 2.70% 2.06% 1.92% 1.79% 1.65% 1.65% 5.25% 4.95% 3.69% 3.52% 2.81% 2.44% 2.40% 2.29% 1.93% 1.89% Expense Ratio 30 April April % 1.94% Turnover Ratio Other Material Information For the 12 months ended 30 April % For the 12 months ended 30 April % 106

113 FIL Investment Management (Singapore) Limited Fidelity Funds Euro Blue Chip Fund Investments in Collective Investment Schemes Fidelity Funds Euro Blue Chip Fund, an ILP subfund, feeds 100% into the underlying Luxembourg registered Fidelity Funds Euro Blue Chip Fund (Class A). Market Value EUR 271, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 EUR Subscriptions 107,846 Redemptions (100,826) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Since Inception* Fund / Benchmark 3 Months 6 Months 1 Year 3 Years* 5 Years* 10 Years* (30 Sep 1998) Fidelity Funds Euro 3.80% 15.03% 14.88% 20.03% 13.04% 6.00% 5.68% Blue Chip Fund Benchmark: MSCI EMU Index (Net Luxembourg tax) * Annualised Performance 4.93% 12.82% 11.45% 18.98% 10.51% 4.66% 4.48% 107

114 Underlying Fund: Fidelity Funds Euro Blue Chip Fund (Class A) Top 10 Holdings as at 30 June 2015 SIEMENS BAYER SANOFI DEUTSCHE TELEKOM RYANAIR HOLDINGS SAP ING GROEP ROYAL DUTCH SHELL (A) ANHEUSERBUSCH SCHNEIDER ELECTRIC Top 10 Holdings as at 30 June 2014 BAYER SIEMENS TOTAL SANOFI BASF SAP VOLKSWAGEN PREFERRED BNP PARIBAS LVMH MOET HENNESSY LOUIS VUITTON ILIAD GROUP Market Value EUR 53,501,645 52,613,888 49,005,031 41,943,693 38,597,854 38,260,860 37,353,085 35,451,012 33,620,143 32,766,452 Market Value EUR 49,752,381 43,847,933 43,585,787 37,074,340 36,480,082 31,069,609 30,486,178 30,312,647 28,032,244 27,337, % 4.31% 4.01% 3.44% 3.16% 3.13% 3.06% 2.90% 2.75% 2.68% 5.59% 4.93% 4.90% 4.17% 4.10% 3.49% 3.43% 3.41% 3.15% 3.07% Expense Ratio 30 April April % 1.92% Turnover Ratio Other Material Information For the 12 months ended 30 April % For the 12 months ended 30 April % 108

115 FIL Investment Management (Singapore) Limited Fidelity Funds Euro Stoxx 50 TM Fund Investments in Collective Investment Schemes Fidelity Funds Euro Stoxx 50 TM Fund, an ILP subfund, feeds 100% into the underlying Luxembourg registered Fidelity Funds Euro Stoxx 50 TM Fund (Class A). Market Value EUR 42, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 EUR Subscriptions 6,719 Redemptions (971) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Since Inception* Fund / Benchmark 3 Months 6 Months 1 Year 3 Years* 5 Years* 10 Years* (3 Nov 1998) Fidelity Funds Euro 5.66% 11.02% 8.66% 17.91% 9.33% 3.69% 3.13% Stoxx 50 TM Fund Benchmark: Dow Jones EURO STOXX 50 TM Index * Annualised Performance 5.83% 10.95% 8.83% 18.01% 9.22% 3.87% 3.53% 109

116 Underlying Fund: Fidelity Funds Euro Stoxx 50 TM Fund (Class A) Top 10 Holdings as at 30 June 2015 SANOFI TOTAL BAYER BANCO SANTANDER ANHEUSERBUSCH DAIMLER BASF SIEMENS ALLIANZ BNP PARIBAS Top 10 Holdings as at 30 June 2014 TOTAL SANOFI BANCO SANTANDER BAYER SIEMENS BASF DAIMLER ANHEUSER BUSCH INBEV BNP PARIBAS ALLIANZ Market Value EUR 12,426,398 12,365,776 12,275,777 10,605,422 9,728,858 9,642,174 8,578,296 8,257,538 7,554,557 7,157,601 Market Value EUR 15,247,878 11,363,918 10,923,375 10,368,225 9,752,156 9,499,552 8,171,748 7,785,836 6,774,090 6,691, % 4.49% 4.46% 3.85% 3.53% 3.50% 3.11% 3.00% 2.74% 2.60% 5.90% 4.40% 4.23% 4.01% 3.77% 3.68% 3.16% 3.01% 2.62% 2.59% Expense Ratio 30 April April % 1.00% Turnover Ratio Other Material Information For the 12 months ended 30 April % For the 12 months ended 30 April % 110

117 FIL Investment Management (Singapore) Limited Fidelity Funds European Growth Fund Investments in Collective Investment Schemes Fidelity Funds European Growth Fund, an ILP subfund, feeds 100% into the underlying Luxembourg registered Fidelity Funds European Growth Fund (Class A). Market Value EUR 178,884 94% Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions EUR 72,481 (54,011) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year Since Inception* 3 Years* 5 Years* 10 Years* (1 Oct 1990) Fidelity Funds European Growth Fund 3.44% 14.41% 16.99% 17.17% 11.47% 5.49% 10.35% Benchmark: European Growth Composite 2.77% 13.25% 14.14% 18.02% 12.66% 6.60% 9.29% * Annualised Performance 111

118 Underlying Fund: Fidelity Funds European Growth Fund (Class A) Top 10 Holdings as at 30 June 2015 SANOFI SAP PRUDENTIAL ROCHE HOLDING VOLKSWAGEN AG PERPETUAL (PREF'D) SCHNEIDER ELECTRIC SIEMENS ROYAL DUTCH SHELL (A) PUBLICIS GROUPE SMITH & NEPHEW Top 10 Holdings as at 30 June 2014 ROYAL DUTCH SHELL ROCHE HOLDING REED ELSEVIER NESTLE SIEMENS BG GROUP SCHNEIDER ELECTRIC PRUDENTIAL DANONE NOVO NORDISK B Market Value EUR 375,799, ,216, ,657, ,482, ,314, ,555, ,179, ,377, ,898, ,964,376 Market Value EUR 354,223, ,029, ,045, ,176, ,799, ,258, ,946, ,750, ,135, ,258, % 4.48% 4.45% 3.77% 3.44% 3.42% 3.37% 3.34% 3.25% 3.05% 4.75% 4.02% 3.27% 3.26% 3.00% 2.97% 2.87% 2.61% 2.59% 2.55% Expense Ratio Turnover Ratio 30 April April % 1.89% 30 April April % 64.24% Other Material Information 112

119 FIL Investment Management (Singapore) Limited Fidelity Funds European High Yield Fund Investments in Collective Investment Schemes Fidelity Funds European High Yield Fund, an ILP subfund, feeds 100% into the underlying Luxembourg registered Fidelity Funds European High Yield Fund (Class A). Market Value EUR 296, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions EUR 126,134 (146,358) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year Since Inception* 3 Years* 5 Years* 10 Years* (27 Jun 2000) Fidelity Funds European High Yield Fund 0.78% 1.86% 1.86% 8.64% 7.77% 6.55% 5.82% Benchmark: Euro High Yield Composite 0.06% 3.95% 3.95% 10.33% 9.40% 8.27% 5.57% * Annualised Performance 113

120 Underlying Fund: Fidelity Funds European High Yield Fund (Class A) Top 10 Holdings as at 30 June 2015 FIDELITY INSTITUTIONAL LIQUIDITY FUND AACCEUR PLAY TOPCO 7.75% 28/02/2020 REG S VIRGIN MEDIA SECURED FIN. 6.25% 28/03/2029 REG S WIND ACQUISITION FINANCE 7.375% 23/04/ A ALTICE 7.25% 15/05/2022 REG S EVRAZ N. AMERICA 7.50% 15/11/ A WIND ACQUISITION FINANCE 7.00% 23/04/2021 REG S LAUREATE EDUCATION 10.00% 01/09/ A AA BOND 5.50% 31/07/2022 REG S VEB (VNESHECONOMBANK) 3.75% 17/02/2016 EMTN Top 10 Holdings as at 30 June 2014 FIDELITY INSTITUTIONAL LIQUIDITY FUND AACCEUR WIND ACQUISITION FINANCE 7.00% 23/04/2021 REG S ALTICE 7.25% 15/05/2022 REG S VIRGIN MEDIA SECURITIES 6.25% 28/03/2029 REG S DEUTSCHE BANK VRN PERPETUAL REG S CREDIT SUISSE 7.5% PERPETUAL REG S WIND ACQUISITION FINANCE 4% 15/07/2020 REG S WIND ACQUISITION FINANCE 7.375% 23/04/ A HELLENIC REPUBLIC 4.75% 17/04/2019 REG S LAUREATE EDUCATION 9.25% 01/09/ A Market Value EUR 393,527,578 63,332,106 54,588,188 51,464,801 49,125,287 46,341,788 45,742,298 39,484,881 38,364,138 36,707,162 Market Value EUR 296,852,921 53,430,319 52,343,967 50,538,436 46,612,824 44,563,860 43,683,575 40,674,941 39,115,799 38,065, % 1.28% 1.10% 1.04% 0.99% 0.94% 0.92% 0.80% 0.77% 0.74% 5.65% 1.02% 1.00% 0.96% 0.89% 0.85% 0.83% 0.77% 0.74% 0.72% Expense Ratio 30 April April % 1.40% Turnover Ratio Other Material Information For the 12 months ended 30 April % For the 12 months ended 30 April % 114

121 FIL Investment Management (Singapore) Limited Fidelity Funds Fidelity Portfolio Selector (FPS) Global Growth Fund Investments in Collective Investment Schemes Fidelity Funds Fidelity Portfolio Selector (FPS) Global Growth Fund, an ILP subfund, feeds 100% into the underlying Luxembourg registered Fidelity Funds Fidelity Portfolio Selector (FPS) Global Growth Fund (Class A). 121, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions USD 46,892 (24,580) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year Since Inception* 3 Years* 5 Years* 10 Years* (6 Jan 1998) Fidelity Funds FPS Global Growth Fund 0.44% 3.35% 3.39% 14.76% 12.04% 5.48% 5.37% Benchmark: MSCI World Index (Net Luxembourg tax) 0.31% 2.63% 1.43% 14.27% 13.10% 6.38% 5.48% * Annualised Performance 115

122 Underlying Fund: Fidelity Funds Fidelity Portfolio Selector (FPS) Global Growth Fund (Class A) Top 10 Holdings as at 30 June 2015 SPDR S&P US DIVIDEND ARISTOCRATS UCITS ETF SOURCE MSCI EUROPE VALUE UCITS ETF EBAY CISCO SYSTEMS ORACLE PFIZER MICROSOFT CVS HEALTH ACTIVISION BLIZZARD EXPRESS SCRIPTS HOLDING Top 10 Holdings as at 30 June 2014 MICROSOFT ORACLE CVS CAREMARK CORP EXPRESS SCRIPTS HOLDING CISCO SYSTEMS ROYAL DUTCH SHELL PLC AMGEN INC MOLSON COORS BREWING CO NVR INC GILEAD SCIENCES INC 7,792,508 4,786,259 1,356,142 1,353,938 1,236,087 1,215,414 1,214,765 1,210,756 1,146,021 1,114,616 1,989,278 1,747,680 1,738,588 1,503,969 1,486,643 1,427,961 1,408,652 1,305,805 1,261,492 1,235, % 3.04% 0.86% 0.86% 0.79% 0.77% 0.77% 0.77% 0.73% 0.71% 1.18% 1.04% 1.03% 0.89% 0.88% 0.85% 0.83% 0.77% 0.75% 0.73% Expense Ratio Turnover Ratio 30 April April % 2.43% 30 April April % 89.02% Other Material Information 116

123 FIL Investment Management (Singapore) Limited Fidelity Funds Global Financial Services Fund Investments in Collective Investment Schemes Fidelity Funds Global Financial Services Fund, an ILP subfund, feeds 100% into the underlying Luxembourg registered Fidelity Funds Global Financial Services Fund (Class A). Market Value EUR 143, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions EUR 66,480 (36,737) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year Since Inception* 3 Years* 5 Years* 10 Years* (1 Sep 2000) Fidelity Funds Global Financial Services Fund 0.52% 14.30% 32.80% 22.34% 13.30% 5.84% 3.09% Benchmark: Financial Services Blend 1.88% 11.22% 25.48% 20.25% 12.02% 2.86% 1.26% * Annualised Performance 117

124 Underlying Fund: Fidelity Funds Global Financial Services Fund (Class A) Top 10 Holdings as at 30 June 2015 JPMORGAN CHASE & CO CITIGROUP WELLS FARGO & CO INTESA SANPAOLO LLOYDS BANKING GROUP AMERICAN TOWER UBS GROUP INDUSTRIAL & COMMERCIAL BANK OF CHINA (H) DEUTSCHE ANNINGTON IMMOBILIEN GRAND CITY PROPERTIES Top 10 Holdings as at 30 June 2014 JPMORGAN CHASE & CO LLOYDS BANKING GROUP AIA GROUP AUSTRALIA & NEW ZEALAND BANKING GROUP WELLS FARGO & CO CITIGROUP ALLIANZ ING GROEP MORGAN STANLEY AMERICAN INTERNATIONAL GROUP Market Value EUR 30,862,134 20,187,117 17,387,322 15,796,374 14,715,623 14,703,896 14,149,000 13,168,050 13,147,396 12,914,287 Market Value EUR 18,101,087 14,498,677 11,303,221 10,939,298 10,919,864 10,755,952 10,748,650 10,414,117 10,162,032 9,989, % 2.77% 2.38% 2.17% 2.02% 2.02% 1.94% 1.81% 1.80% 1.77% 4.39% 3.51% 2.74% 2.65% 2.65% 2.61% 2.60% 2.52% 2.46% 2.42% Expense Ratio Turnover Ratio 30 April April % 1.93% 30 April April % 83.81% Other Material Information 118

125 FIL Investment Management (Singapore) Limited Fidelity Funds Global Technology Fund Investments in Collective Investment Schemes Fidelity Funds Global Technology Fund, an ILP subfund, feeds 100% into the underlying Luxembourg registered Fidelity Funds Global Technology Fund (Class A). Market Value EUR 156, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions EUR 105,675 (31,387) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year Since Inception* 3 Years* 5 Years* 10 Years* (30 Sep 1999) Fidelity Funds Global Technology Fund 1.04% 14.38% 38.59% 24.09% 17.74% 9.68% 1.86% Benchmark: Technology Blend 4.48% 10.58% 32.93% 20.90% 17.32% 9.59% 2.03% * Annualised Performance 119

126 Underlying Fund: Fidelity Funds Global Technology Fund (Class A) Top 10 Holdings as at 30 June 2015 GOOGLE (A) CISCO SYSTEMS APPLE SAMSUNG ELECTRONICS QUALCOMM EMC ALTERA TRIPADVISOR EBAY NUANCE COMMUNICATIONS Top 10 Holdings as at 30 June 2014 CISCO SYSTEMS SAMSUNG ELECTRONICS APPLE ERICSSON (LM) TELEFON B MICROSOFT ALTERA INTEL EMC CITRIX SYSTEMS NUANCE COMMUNICATIONS Market Value EUR 57,062,867 39,283,672 30,847,975 29,554,040 29,093,940 21,443,731 20,917,744 20,340,886 20,195,795 20,088,836 Market Value EUR 27,426,026 22,501,127 19,610,288 13,776,558 13,424,771 13,405,837 13,335,403 12,911,617 12,834,225 11,332, % 5.95% 4.67% 4.48% 4.41% 3.25% 3.17% 3.08% 3.06% 3.04% 8.61% 7.06% 6.16% 4.32% 4.21% 4.21% 4.19% 4.05% 4.03% 3.56% Expense Ratio Turnover Ratio 30 April April % 1.92% 30 April April % % Other Material Information 120

127 FIL Investment Management (Singapore) Limited Fidelity Funds Global Telecommunications Fund Investments in Collective Investment Schemes Fidelity Funds Global Telecommunications Fund, an ILP subfund, feeds 100% into the underlying Luxembourg registered Fidelity Funds Global Telecommunications Fund (Class A). Market Value EUR 20, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions EUR 16,441 (12,834) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year Since Inception* 3 Years* 5 Year* 10 Years* (30 Sep 1999) Fidelity Funds Global Telecommunications Fund 1.05% 12.86% 22.45% 13.67% 12.89% 8.86% 1.67% Benchmark: Telecommunication Blend 1.01% 13.36% 23.52% 13.99% 12.90% 8.27% 1.70% * Annualised Performance 121

128 Underlying Fund: Fidelity Funds Global Telecommunications Fund (Class A) Top 10 Holdings as at 30 June 2015 VERIZON COMMUNICATIONS VODAFONE GROUP AT&T KDDI CHINA MOBILE SOFTBANK DEUTSCHE TELEKOM SINGAPORE TELECOMMUNICATIONS ORANGE CROWN CASTLE INTERNATIONAL Top 10 Holdings as at 30 June 2014 VERIZON COMMUNICATIONS AT&T SOFTBANK BT GROUP TELEFONICA SINGAPORE TELECOMMUNICATIONS KDDI VODAFONE GROUP COMCAST A NEW TDC B Market Value EUR 13,833,491 12,224,538 12,166,370 10,071,389 8,671,160 8,380,708 8,300,345 6,935,634 5,995,844 5,272,900 Market Value EUR 14,643,048 13,674,089 10,824,754 9,141,540 7,629,185 7,294,121 6,956,574 6,475,229 5,954,639 5,056, % 7.20% 7.16% 5.93% 5.10% 4.93% 4.89% 4.08% 3.53% 3.10% 9.61% 8.97% 7.10% 6.00% 5.01% 4.79% 4.56% 4.25% 3.91% 3.32% Expense Ratio Turnover Ratio 30 April April % 1.93% 30 April April % 44.04% Other Material Information 122

129 FIL Investment Management (Singapore) Limited Fidelity Funds Growth & Income Fund Investments in Collective Investment Schemes Fidelity Funds Growth & Income Fund, an ILP subfund, feeds 100% into the underlying Luxembourg registered Fidelity Funds Growth & Income Fund (Class A). 539, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions USD 114,711 (153,598) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year Since Inception* 3 Years* 5 Year* 10 Years* (20 Nov 2001) Fidelity Funds Growth & Income Fund 0.45% 0.17% 2.86% 6.32% 5.74% 4.16% 5.30% Benchmark: Growth & Income Composite 0.46% 0.47% 3.75% 5.74% 6.95% 5.06% 5.65% * Annualised Performance 123

130 Underlying Fund: Fidelity Funds Growth & Income Fund (Class A) Top 10 Holdings as at 30 June 2015 SPDR S&P US DIVIDEND ARISTOCRATS UCITS ETF ITALY 4.50% 01/03/2024 FIDELITY INSTITUTIONAL LIQUIDITY FUND AACCUSD JAPAN 1.70% 20/09/2032 GERMANY INFLATION LINKED 0.10% 15/04/2023 ISHARES MSCI JAPAN UCITS ETF DIST GERMANY 2.50% 04/07/2044 NETHERLANDS 2.75% 15/01/2047 SPAIN 5.50% 30/04/2021 US TREASURY 5.25% 15/02/2029 Top 10 Holdings as at 30 June 2014 JAPAN # % 20/09/2032 ITALY 4.5% 01/03/2024 BUONI POLIENNA I/L 2.25% 22/04/2017 BUNDES REPUBLIC 1.75% 15/02/2024 US TREASURY NOTE 1.625% 15/11/2022 GERMANY 2.5% 04/07/2044 SPAIN 5.5% 30/04/2021 US TREASURY NOTE 1.5% 28/02/2019 UK GILT 1% 07/09/2017 US TREASURY BOND 5.25% 15/02/2029 4,143,823 2,806,443 2,482,260 2,059,491 1,557,013 1,503,998 1,181, , , ,181 2,279,354 2,162,637 1,471,633 1,385,253 1,358,080 1,230,653 1,190,877 1,140,320 1,018, , % 2.09% 1.85% 1.53% 1.16% 1.12% 0.88% 0.73% 0.71% 0.69% 1.72% 1.63% 1.11% 1.05% 1.02% 0.93% 0.90% 0.86% 0.77% 0.71% Expense Ratio Turnover Ratio 30 April April % 1.69% 30 April April % % Other Material Information 124

131 FIL Investment Management (Singapore) Limited Fidelity Funds International Bond Fund Investments in Collective Investment Schemes Fidelity Funds International Bond Fund, an ILP subfund, feeds 100% into the underlying Luxembourg registered Fidelity Funds International Bond Fund (Class A). 100, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions USD 26,201 (32,981) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year Since Inception* 3 Years* 5 Year* 10 Years* (1 Oct 1990) Fidelity Funds International Bond Fund 1.47% 3.81% 9.77% 1.61% 1.53% 2.56% 4.72% Benchmark: International Bond Fund Composite 1.28% 3.64% 8.15% 1.24% 1.82% 3.32% 6.34% * Annualised Performance 125

132 Underlying Fund: Fidelity Funds International Bond Fund (Class A) Top 10 Holdings as at 30 June 2015 ITALY 4.50% 01/03/2024 FIDELITY INSTITUTIONAL LIQUIDITY FUND AACCUSD JAPAN 1.70% 20/09/2032 GERMANY INFLATION LINKED 0.10% 15/04/2023 GERMANY 2.50% 04/07/2044 NETHERLANDS 2.75% 15/01/2047 SPAIN 5.50% 30/04/2021 US TREASURY 5.25% 15/02/2029 JAPAN 0.10% 10/09/2024 KOREA 2.75% 10/06/2020 Top 10 Holdings as at 30 June 2014 JAPAN # % 20/09/2032 ITALY 4.5% 01/03/2024 BUONI POLIENNA I/L 2.25% 22/04/2017 BUNDES REPUBLIC 1.75% 15/02/2024 US TREASURY NOTE1.625% 15/11/2022 GERMANY 2.5% 04/07/2044 SPAIN 5.5% 30/04/2021 US TREASURY NOTE 1.5% 28/02/2019 UK GILT 1% 07/09/2017 US TREASURY BOND 5.25% 15/02/ ,237,293 13,477,134 11,181,794 8,453,641 6,415,585 5,338,850 5,165,344 5,066,609 4,791,379 4,106,563 16,017,760 14,889,289 10,341,641 9,734,623 9,543,670 8,648,198 8,368,681 8,013,397 7,157,046 6,637, % 4.22% 3.50% 2.65% 2.01% 1.67% 1.62% 1.59% 1.50% 1.29% 4.05% 3.76% 2.61% 2.46% 2.41% 2.18% 2.11% 2.02% 1.81% 1.68% Expense Ratio Turnover Ratio 30 April April % 1.15% 30 April April % % Other Material Information 126

133 FIL Investment Management (Singapore) Limited Fidelity Funds Korea Fund Investments in Collective Investment Schemes Fidelity Funds Korea Fund, an ILP subfund, feeds 100% into the underlying Luxembourg registered Fidelity Funds Korea Fund (Class A). 216, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions USD 80,155 (60,996) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year Since Inception* 3 Years* 5 Year* 10 Years* (6 Nov 1995) Fidelity Funds Korea Fund 6.99% 14.50% 3.57% 2.86% 3.54% 6.66% 3.54% Benchmark: KOSPI Blend 1.08% 6.71% 6.01% 4.75% 6.02% 6.73% 1.88% * Annualised Performance 127

134 Underlying Fund: Fidelity Funds Korea Fund (Class A) Top 10 Holdings as at 30 June 2015 SAMSUNG ELECTRONICS AMOREPACIFIC HYUNDAI MOTOR KOREA ELECTRIC POWER LG CHEMICAL'S SK HYNIX SK INNOVATION NAVER LOTTE CHEMICAL COSON Top 10 Holdings as at 30 June 2014 SAMSUNG ELECTRONICS SK HYNIX HYUNDAI MOTOR NAVER LG CHEMICAL SHINHAN FINANCIAL GROUP HOTEL SHILLA SAMSUNG C&T KCC KOREA ELECTRIC POWER 19,978,794 9,839,582 8,921,022 8,260,039 7,980,474 7,305,365 6,808,295 6,670,791 6,440,348 6,201,469 20,389,404 19,273,694 17,185,999 15,846,386 14,552,490 11,473,443 11,313,395 11,310,215 10,044,586 8,959, % 4.74% 4.29% 3.98% 3.84% 3.52% 3.28% 3.21% 3.10% 2.98% 8.93% 8.44% 7.53% 6.94% 6.37% 5.02% 4.95% 4.95% 4.40% 3.92% Expense Ratio Turnover Ratio 30 April April % 1.95% 30 April April % % Other Material Information 128

135 FIL Investment Management (Singapore) Limited Fidelity Funds Pacific Fund Investments in Collective Investment Schemes Fidelity Funds Pacific Fund, an ILP subfund, feeds 100% into the underlying Luxembourg registered Fidelity Funds Pacific Fund (Class A). 292, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions USD 230,346 (358,306) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year Since Inception* 3 Years* 5 Years* 10 Years* (10 Jan 1994) Fidelity Funds Pacific Fund 5.32% 10.68% 6.80% 18.21% 12.84% 8.95% 5.47% Benchmark: Pacific Fund Composite 0.81% 7.64% 2.81% 10.31% 8.33% 6.28% 3.14% * Annualised Performance 129

136 Underlying Fund: Fidelity Funds Pacific Fund (Class A) Top 10 Holdings as at 30 June 2015 ORIX DAOU TECHNOLOGY TENCENT HOLDINGS BNP (PING AN INSURANCE CHINA (A)) ELN 11/11/2016 SOFTBANK MITSUBISHI UFJ FINANCIAL GROUP WOORI BANK AIA GROUP CITIC TELECOM INTERNATIONAL HOLDINGS AEON FINANCIAL SERVICE Top 10 Holdings as at 30 June 2014 ORIX BITAUTO HOLDINGS ADR SOFTBANK TENCENT HOLDINGS 21VIANET GROUP ADR AUSTAL AIA GROUP NIPPON SEIKI GOODPACK TOYO THAI NVDR 62,804,905 41,894,530 33,137,800 30,404,409 29,855,685 28,609,447 28,466,400 27,370,737 27,248,729 26,718,389 41,107,297 34,393,107 31,551,851 25,336,646 20,145,865 19,572,236 19,152,979 19,042,061 18,638,209 17,943, % 1.86% 1.47% 1.35% 1.33% 1.27% 1.27% 1.22% 1.21% 1.19% 2.55% 2.13% 1.96% 1.57% 1.25% 1.21% 1.19% 1.18% 1.16% 1.11% Expense Ratio Turnover Ratio 30 April April % 1.94% 30 April April % 49.02% Other Material Information 130

137 FIL Investment Management (Singapore) Limited Fidelity Funds Sterling Bond Fund Investments in Collective Investment Schemes Fidelity Funds Sterling Bond Fund, an ILP subfund, feeds 100% into the underlying Luxembourg registered Fidelity Funds Sterling Bond Fund (Class A). Market Value GBP 281, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions GBP 127,331 (177,959) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year Since Inception* 3 Years* 5 Years* 10 Years* (12 Nov 1990) Fidelity Funds Sterling Bond Fund 3.85% 1.49% 6.88% 3.71% 5.25% 4.82% 6.92% Benchmark: Sterling Bond Blend 3.76% 1.25% 8.39% 4.07% 6.04% 5.19% 7.82% * Annualised Performance 131

138 Underlying Fund: Fidelity Funds Sterling Bond Fund (Class A) Top 10 Holdings as at 30 June 2015 UK TREASURY 4.75% 07/09/2015 UK TREASURY 4.25% 07/03/2036 UK TREASURY 4.25% 07/12/2055 UK TREASURY 3.50% 22/07/2068 UK TREASURY 4.25% 07/06/2032 UK TREASURY 5.00% 07/03/2025 UK TREASURY 4.50% 07/12/2042 UK TREASURY 4.50% 07/09/2034 US TREASURY 3.50% 15/05/2020 EUROPEAN UNION 3.50% 04/06/2021 EMTN Top 10 Holdings as at 30 June 2014 UK GILT 4.25% 07/03/2036 UK GILT 4.25% 07/12/2055 UK TREASURY WAR LOAN 3.5% PERPETUAL UK GILT 4.25% 07/06/2032 UK GILT 4.5% 07/09/2034 UK TREASURY 6% 7/12/2028 US TREASURY NOTE 3.5% 15/05/2020 UK GILT 4.5% 07/12/2042 EEC 3.5% 04/06/2021 UK GILT 5% 07/09/2014T Market Value GBP 27,679,907 13,645,787 11,009,244 10,084,087 6,803,290 6,466,477 5,552,712 4,516,107 2,935,525 2,243,413 Market Value GBP 13,693,249 12,905,677 7,240,365 6,554,006 4,622,568 3,835,678 3,036,310 3,006,673 2,808,670 2,521, % 8.12% 6.55% 6.00% 4.05% 3.85% 3.30% 2.69% 1.75% 1.33% 8.72% 8.22% 4.61% 4.17% 2.94% 2.44% 1.93% 1.91% 1.79% 1.61% Expense Ratio Turnover Ratio 30 April April % 1.15% 30 April April % 61.74% Other Material Information 132

139 FIL Investment Management (Singapore) Limited Fidelity Funds Taiwan Fund Investments in Collective Investment Schemes Fidelity Funds Taiwan Fund, an ILP subfund, feeds 100% into the underlying Luxembourg registered Fidelity Funds Taiwan Fund (Class A). 146, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions USD 19,688 (33,575) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year Since Inception* 3 Years* 5 Years* 10 Years* (7 Apr 1997) Fidelity Funds Taiwan Fund 2.18% 9.43% 2.33% 15.28% 9.37% 5.42% 1.06% Benchmark: FF Taiwan Blend 1.11% 5.11% 1.58% 10.76% 8.76% 5.57% 0.51% * Annualised Performance 133

140 Underlying Fund: Fidelity Funds Taiwan Fund (Class A) Top 10 Holdings as at 30 June 2015 TAIWAN SEMICONDUCTOR MANUFACTURING HON HAI PRECISION INDUSTRY MEDIATEK CATHAY FINANCIAL HOLDING FUBON FINANCIAL HOLDING CTBC FINANCIAL HOLDING LARGAN PRECISION ADVANCED SEMICONDUCTOR ENGINEERING CATCHER TECHNOLOGY CHINA DEVELOPMENT FINANCIAL HOLDING Top 10 Holdings as at 30 June 2014 TAIWAN SEMICONDUCTOR MANUFACTURING HON HAI PRECISION INDUSTRY MEDIATEK INOTERA MEMORIES CATHAY FINANCIAL HOLDING ADVANCED SEMICONDUCTOR ENGINEERING FUBON FINANCIAL HOLDING MPI AU OPTRONICS CATCHER TECHNOLOGY 16,112,632 15,169,747 9,953,580 8,513,299 6,973,071 6,181,595 5,931,081 5,113,504 4,083,624 3,559,892 23,601,012 23,576,712 14,556,937 12,113,388 11,326,426 8,640,005 7,349,847 5,138,790 5,055,967 4,558, % 8.27% 5.42% 4.64% 3.80% 3.37% 3.23% 2.79% 2.23% 1.94% 9.55% 9.54% 5.89% 4.90% 4.58% 3.50% 2.97% 2.08% 2.05% 1.84% Expense Ratio Turnover Ratio 30 April April % 1.99% 30 April April % 74.65% Other Material Information 134

141 FIL Investment Management (Singapore) Limited Fidelity Funds United Kingdom Fund Investments in Collective Investment Schemes Fidelity Funds United Kingdom Fund, an ILP subfund, feeds 100% into the underlying Luxembourg registered Fidelity Funds United Kingdom Fund (Class A). Market Value GBP 136, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions GBP 40,544 (21,970) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year Since Inception* 3 Years* 5 Years* 10 Years* (1 Oct 1990) Fidelity Funds United Kingdom Fund 1.47% 5.49% 9.70% 15.60% 11.60% 7.28% 7.53% Benchmark: FTSE All Share Index 1.58% 3.02% 2.60% 11.03% 10.74% 7.05% 8.85% * Annualised Performance 135

142 Underlying Fund: Fidelity Funds United Kingdom Fund (Class A) Top 10 Holdings as at 30 June 2015 HSBC HOLDINGS (UK) LLOYDS BANKING GROUP VODAFONE GROUP GLAXOSMITHKLINE BARCLAYS ASTRAZENECA WOLSELEY SHIRE INTERNATIONAL CONSOLIDATED AIRLINES GROUP SKY Top 10 Holdings as at 30 June 2014 GLAXOSMITHKLINE SHIRE HSBC HOLDINGS (UK) LLOYDS BANKING GROUP ROLLSROYCE HOLDINGS PLC BARCLAYS WOLSELEY VODAFONE GROUP ASTRAZENECA INTERNATIONAL CONSOLIDATED AIRLINES GROUP Market Value GBP 7,648,906 6,986,833 6,178,233 5,843,888 5,386,961 5,050,843 4,752,213 4,386,307 4,208,762 4,045,139 Market Value GBP 7,263,542 6,249,833 5,984,161 5,769,677 4,342,884 4,104,291 3,963,871 3,523,363 3,172,581 3,166, % 6.00% 5.30% 5.02% 4.62% 4.34% 4.08% 3.76% 3.61% 3.47% 7.28% 6.26% 6.00% 5.78% 4.35% 4.11% 3.97% 3.53% 3.18% 3.17% Expense Ratio Turnover Ratio 30 April April % 1.92% 30 April April % 36.94% Other Material Information 136

143 FIL Investment Management (Singapore) Limited Fidelity Funds US Dollar Bond Fund Investments in Collective Investment Schemes Fidelity Funds US Dollar Bond Fund, an ILP subfund, feeds 100% into the underlying Luxembourg registered Fidelity Funds US Dollar Bond Fund (Class A). 683, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions USD 378,359 (149,061) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year Since Inception* 3 Years* 5 Year* 10 Years* (12 Nov 1990) Fidelity Funds US Dollar Bond Fund 1.97% 0.27% 2.54% 2.14% 4.27% 4.20% 5.57% Benchmark: US Dollar Bond Composite 1.99% 0.15% 2.00% 1.77% 3.50% 4.35% 6.51% * Annualised Performance 137

144 Underlying Fund: Fidelity Funds US Dollar Bond Fund (Class A) Top 10 Holdings as at 30 June 2015 US TREASURY 0.375% 15/01/2016 US TREASURY 0.75% 31/10/2017 US TREASURY 1.50% 31/05/2020 US TREASURY 3.00% 15/11/2044 US TREASURY 0.375% 31/01/2016 US TREASURY 2.00% 15/02/2025 US TREASURY 1.75% 30/04/2022 US TREASURY 2.00% 31/10/2021 FIDELITY INSTITUTIONAL LIQUIDITY FUND AACCUSD GERMANY INFLATION LINKED 1.75% 15/04/2020 Top 10 Holdings as at 30 June 2014 USTN 1.5% 31/12/2018 USTN 2.5% 15/08/2023 USTN.625% 30/11/2017 UST NOTES 1.5% 31/05/2019 FRANCE 1.75% 25/11/2024 US T BOND 3.125% 15/02/2043 USTN TII.125% 15/04/2019 USTB 3.625% 15/08/2043 USTB 2.75% 15/08/2042 USTN 0.875% 15/04/ ,165,689 66,755,655 36,470,564 34,299,197 33,913,278 26,668,313 23,023,270 22,700,735 18,629,605 15,182,215 49,409,430 21,300,251 19,511,302 16,410,056 15,809,311 13,030,182 12,906,604 12,653,359 11,682,538 9,930, % 10.40% 5.68% 5.34% 5.28% 4.16% 3.59% 3.54% 2.90% 2.37% 9.57% 4.12% 3.78% 3.18% 3.06% 2.52% 2.50% 2.45% 2.26% 1.92% Expense Ratio Turnover Ratio 30 April April % 1.15% 30 April April % % Other Material Information 138

145 First State Investments (Singapore) First State Regional China Fund Investments in Collective Investment Schemes First State Regional China Fund, an ILP subfund, feeds 100% into the underlying Singapore registered First State Regional China Fund. Market Value SGD 2,571, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions SGD 811,858 (467,754) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year Since Inception* 3 Years* 5 Years* 10 Years* (1 Nov 1993) First State Regional China Fund 0.80% 9.16% 15.13% 15.32% 9.32% 10.94% 8.68% Benchmark: MSCI Golden Dragon TR USD 2.73% 13.21% 24.87% 17.10% 8.91% 7.36% NA** * Annualised Performance **There is no Since Inception figure as the benchmark was launched in 1996, after the inception of First State Regional China Fund in

146 Underlying Fund: First State Regional China Fund Top 10 Holdings as at 30 June 2015 TAIWAN SEMICONDUCTOR MFG CO LTD DELTA ELECTRONICS INC TENCENT HOLDINGS CK HUTCHISON HOLDINGS LTD ENN ENERGY HOLDINGS LTD CHINA MERCHANTS BANK CO LTD CHINA MENGNIU DAIRY CO LTD AIA GROUP LTD ADVANTECH CORP CHINA TAIPING INSURANCE HLDGS CO LTD Top 10 Holdings as at 30 June 2014 TAIWAN SEMICONDUCTOR MFG CO LTD CHEUNG KONG (HLDGS) LTD DELTA ELECTRONICS INC ENN ENERGY HOLDINGS LTD CHINA OILFIELD SERVICES LTD TENCENT HOLDINGS UNI PRESIDENT ENTERPRISES LINK REIT ADVANTECH CORP BAIDU Market Value SGD 62,782,081 48,439,128 48,205,616 46,704,013 45,327,182 40,783,885 38,306,943 36,640,838 36,556,877 36,489,676 Market Value SGD 50,704,175 49,247,754 46,392,877 41,213,489 40,228,993 36,185,920 34,312,111 31,503,976 29,512,574 27,538, % 4.63% 4.61% 4.47% 4.34% 3.90% 3.66% 3.50% 3.50% 3.49% 5.92% 5.75% 5.41% 4.81% 4.70% 4.22% 4.00% 3.68% 3.44% 3.21% Expense Ratio 30 June June % 1.69% Note: The Expense Ratio as at 30 June 2014 was revised according to data source provided by First State Investments (Singapore). Turnover Ratio 30 June June % 5.50% Note: The Turnover Ratio as at 30 June 2014 was revised according to data source provided by First State Investments (Singapore). Other Material Information 140

147 First State Investments (Singapore) First State Singapore Growth Fund Investments in Collective Investment Schemes First State Singapore Growth Fund, an ILP subfund, feeds 100% into the underlying Singapore registered First State Singapore Growth Fund. Market Value SGD 1,861, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions SGD 682,343 (694,698) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year Since Inception* 3 Years* 5 Years* 10 Years* (28 Jul 1969) First State Singapore Growth Fund 2.91% 1.24% 0.39% 10.28% 11.31% 10.41% 8.80% Benchmark: Market Capitalisation of MSCI Singapore Free Index and 5.14% 3.55% 4.51% 4.54% 4.83% 7.27% NA** MSCI Malaysia Index * Annualised Performance **There is no Since Inception figure as the current benchmark was not available at the time of the fund's launch

148 Underlying Fund: First State Singapore Growth Fund Top 10 Holdings as at 30 June 2015 OVERSEACHINESE BANKING CORP SINGAPORE TELECOMMUNICATIONS SHENG SIONG GROUP LTD UNITED OVERSEAS BANK LTD DBS GROUP HLDGS LTD GREAT EASTERN HOLDINGS LTD COMFORTDELGRO CORP LTD GLOW ENERGY PCL PETRA FOODS LTD HAW PAR CORP LTD Top 10 Holdings as at 30 June 2014 UNITED OVERSEAS BANK LTD OVERSEACHINESE BANKING CORP SINGAPORE TELECOMMUNICATIONS DBS GROUP HLDGS LTD TENAGA NASIONAL BHD SHENG SIONG GROUP LTD SEMBCORP INDUSTRIES LTD COMFORTDELGRO CORP LTD GREAT EASTERN HOLDINGS LTD PUBLIC BANK BERHAD Market Value SGD 6,242,357 5,938,637 5,244,784 5,233,940 5,163,069 3,944,711 3,853,897 2,602,995 2,568,274 2,559,118 Market Value SGD 6,245,835 5,609,126 5,426,886 4,980,239 4,876,348 4,098,409 3,815,278 3,616,902 3,523,463 3,473, % 7.07% 6.24% 6.23% 6.14% 4.69% 4.59% 3.10% 3.06% 3.05% 6.45% 5.79% 5.60% 5.14% 5.03% 4.23% 3.94% 3.73% 3.64% 3.59% Expense Ratio Turnover Ratio 30 June June % 1.86% 30 June June % 3.20% Note: The Turnover Ratio as at 30 June 2014 was revised according to data source provided by First State Investments (Singapore). Other Material Information 142

149 Henderson Global Investors Henderson Horizon Fund (HHF) Euroland Fund Investments in Collective Investment Schemes Henderson Horizon Fund (HHF) Euroland Fund, an ILP subfund, feeds 100% into the underlying Luxembourg registered Henderson Horizon Fund (HHF) Euroland Fund (Class A2). Market Value EUR 187, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions EUR 157,213 (176,112) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year Since Inception* 3 Years* 5 Years* 10 Years* (29 Jun 1984) HHF Euroland Fund 1.86% 15.79% 13.71% 25.77% 15.58% 6.31% 8.87% Benchmark: MSCI EMU Net Return EUR Index 4.93% 12.82% 11.45% 18.98% 11.23% 6.34% NA** * Annualised Performance available. 143

150 Underlying Fund: Henderson Horizon Fund (HHF) Euroland Fund (Class A2) Top 10 Holdings as at 30 June 2015 RELX SANOFI ING GROEP RENAULT BAYER SAMPO TOTAL UNILEVER ALLIANZ PROSIEBENSAT.1 MEDIA Top 10 Holdings as at 30 June 2014 TOTAL REED ELSEVIER VINCI CONTINENTAL DEUTSCHE POST SAMPO ING GROEP BAYERISCHE MOTOREN WERKE CREDIT AGRICOLE BASF Market Value EUR 51,138,362 40,645,090 38,776,059 36,439,942 32,843,588 31,213,777 31,188,368 29,509,394 29,147,977 27,782,936 Market Value EUR 28,548,421 28,264,421 27,712,313 27,170,681 23,344,873 20,063,072 18,643,497 16,389,309 16,298,904 15,089, % 4.46% 4.26% 4.00% 3.61% 3.43% 3.43% 3.24% 3.20% 3.05% 5.26% 5.21% 5.10% 5.00% 4.30% 3.69% 3.43% 3.02% 3.00% 2.78% Expense Ratio 30 June June % 1.85% Turnover Ratio Other Material Information For the 12 months ended 30 June % For the 12 months ended 30 June % 144

151 Henderson Global Investors Henderson Horizon Fund (HHF) Global Property Equities Fund Investments in Collective Investment Schemes Henderson Horizon Fund (HHF) Global Property Equities Fund, an ILP subfund, feeds 100% into the underlying Luxembourg registered Henderson Horizon Fund (HHF) Global Property Equities Fund (Class A2). 449, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions USD 321,982 (205,716) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year Since Inception* 3 Years* 5 Years* 10 Years* (3 Jan 2005) HHF Global Property Equities Fund Benchmark: FTSE 7.16% 4.75% 2.32% 6.53% 8.94% 5.01% 5.34% EPRA/NAREIT Developed Index 6.90% 3.20% 0.36% 8.69% 11.72% 5.88% 6.09% * Annualised Performance 145

152 Underlying Fund: Henderson Horizon Fund (HHF) Global Property Equities Fund (Class A2) Top 10 Holdings as at 30 June 2015 SIMON PROPERTY GROUP MITSUI FUDOSAN SUN HUNG KAI PROPERTIES BRITISH LAND BOSTON PROPERTIES VENTAS CHEUNG KONG PROPERTY ESSEX PROPERTY TRUST UDR SL GREEN REALTY Top 10 Holdings as at 30 June 2014 SIMON PROPERTY GROUP MITSUI FUDOSAN MITSUBISHI ESTATE VENTAS ESSEX PROPERTY TRUST UNIBAILRODAMCO PROLOGIS NIPPON BUILDING FUND SUN HUNG KAI PROPERTIES BOSTON PROPERTIES 43,301,104 28,610,808 19,617,189 19,093,443 18,440,848 18,325,560 17,437,421 16,247,070 15,032,055 14,999,915 65,904,633 37,036,534 34,460,171 32,310,290 29,798,626 29,672,610 29,025,525 27,833,385 25,768,333 25,261, % 4.99% 3.42% 3.33% 3.21% 3.19% 3.04% 2.83% 2.62% 2.61% 6.23% 3.50% 3.26% 3.05% 2.82% 2.80% 2.74% 2.63% 2.44% 2.39% Expense Ratio Turnover Ratio 30 June June % 1.92% 30 June June % % Other Material Information 146

153 Henderson Global Investors Henderson Horizon Fund (HHF) Global Technology Fund Investments in Collective Investment Schemes Henderson Horizon Fund (HHF) Global Technology Fund, an ILP subfund, feeds 100% into the underlying Luxembourg registered Henderson Horizon Fund (HHF) Global Technology Fund (Class A2). 1,183, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions USD 839,427 (417,820) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year Since Inception* 3 Years* 5 Years* 10 Years* (31 Oct 1996) HHF Global Technology Fund 0.28% 0.08% 5.67% 13.52% 13.35% 9.16% 9.38% Benchmark: MSCI AC World Information Technology Index 0.79% 2.03% 8.66% 16.29% 15.58% 8.69% 7.57% * Annualised Performance 147

154 Underlying Fund: Henderson Horizon Fund (HHF) Global Technology Fund (Class A2) Top 10 Holdings as at 30 June 2015 APPLE GOOGLE MICROSOFT FACEBOOK VISA CISCO SYSTEMS SAMSUNG ELECTRONICS MASTERCARD TENCENT COGNIZANT TECHNOLOGY SOLUTIONS Top 10 Holdings as at 30 June 2014 GOOGLE APPLE MICROSOFT ORACLE FACEBOOK SAMSUNG ELECTRONICS QUALCOMM VISA INTERNATIONAL BUSINESS MACHINES TAIWAN SEMICONDUCTOR MANUFACTURING 260,900, ,358, ,950, ,896, ,065,858 98,161,949 83,549,561 82,088,343 78,628,721 50,091, ,174, ,646, ,367, ,838,240 90,485,137 85,979,783 82,193,798 81,405,105 71,941,967 66,964, % 7.14% 5.50% 4.48% 3.77% 3.70% 3.15% 3.09% 2.96% 1.89% 8.22% 8.04% 5.34% 3.76% 2.94% 2.79% 2.67% 2.64% 2.34% 2.17% Expense Ratio Turnover Ratio 30 June June % 1.90% 30 June June % 38.72% Other Material Information 148

155 Henderson Global Investors Henderson Horizon Fund (HHF) Japanese Opportunities Fund^ Investments in Collective Investment Schemes Henderson Horizon Fund (HHF) Japanese Opportunities Fund, an ILP subfund, feeds 100% into the underlying Luxembourg registered Henderson Horizon Fund (HHF) Japanese Opportunities Fund (Class A2). ^ Prior to 1 April 2015, Henderson Horizon Fund (HHF) Japanese Opportunities Fund was known as Henderson Horizon Fund (HHF) Japanese Equity Fund. 537, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions USD 242,487 (217,633) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year Since Inception* 3 Years* 5 Years* 10 Years* (31 Jul 1985) HHF Japanese Opportunities Fund 5.11% 19.50% 14.29% 13.15% 10.13% 4.08% 3.63% Benchmark: Tokyo SE First Section Index** 3.69% 14.42% 9.23% 13.77% 9.15% 4.45% 5.43% * Annualised Performance **Prior to 1 April 2015, the benchmark was MSCI Japan Index. 149

156 Underlying Fund: Henderson Horizon Fund (HHF) Japanese Opportunities Fund (Class A2) Top 10 Holdings as at 30 June 2015 TOYOTA MOTOR MITSUBISHI UFJ FINANCIAL GROUP FUJITSU SUMITOMO MITSUI FINANCIAL GROUP TOKYO ELECTRON RAKUTEN TOKIO MARINE KEYENCE MIZUHO FINANCIAL GROUP CREDIT SAISON Top 10 Holdings as at 30 June 2014 MITSUBISHI UFJ FINANCIAL GROUP SUMITOMO MITSUI FINANCIAL GROUP RAKUTEN NIPPON TELEVISION DAIWA SECURITIES GROUP TOKIO MARINE MIZUHO FINANCIAL GROUP SEKISUI CHEMICAL KEYENCE YAMADA DENKI 268,861, ,836, ,355, ,026, ,973, ,743, ,836, ,071, ,313, ,380,300 2,913,591 2,031,585 1,897,014 1,850,569 1,826,632 1,750,840 1,627,555 1,550,249 1,548,799 1,522, % 5.27% 5.02% 4.52% 4.20% 4.12% 4.08% 3.71% 3.68% 3.64% 6.91% 4.82% 4.50% 4.39% 4.33% 4.15% 3.86% 3.68% 3.67% 3.61% Expense Ratio Turnover Ratio 30 June June % 1.95% 30 June June % 93.24% Other Material Information 150

157 Henderson Global Investors Henderson Horizon Fund (HHF) Pan European Equity Fund Investments in Collective Investment Schemes Henderson Horizon Fund (HHF) Pan European Equity Fund, an ILP subfund, feeds 100% into the underlying Luxembourg registered Henderson Horizon Fund (HHF) Pan European Equity Fund (Class A2 Accumulation). Market Value EUR 4, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions EUR 1,948 (474) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year Since Inception* 3 Years* 5 Years* 10 Years* (30 Nov 2001) HHF Pan European Equity Fund 0.70% 17.12% 21.55% 20.66% 13.54% 8.54% 7.97% Benchmark: FTSE World Europe Index 2.77% 13.25% 14.14% 18.02% 12.66% 6.60% 5.29% * Annualised Performance 151

158 Underlying Fund: Henderson Horizon Fund (HHF) Pan European Equity Fund (Class A2 Accumulation) Top 10 Holdings as at 30 June 2015 FRESENIUS CREDIT AGRICOLE FRESENIUS MEDICAL CARE NOVARTIS SODEXO ING GROEP DEUTSCHE POST ROCHE STANDARD LIFE NESTLÉ Top 10 Holdings as at 30 June 2014 DEUTSCHE POST AP MOELLER MAERSK CAPITA ROCHE FRESENIUS STANDARD LIFE SODEXO VALEO NOVARTIS FRESENIUS MEDICAL CARE Market Value EUR 165,980, ,486, ,800, ,115, ,854, ,915, ,926, ,252, ,256, ,658,785 Market Value EUR 126,705, ,259, ,006, ,246,666 95,078,226 94,017,400 87,429,660 83,967,073 75,966,362 71,434, % 3.17% 3.06% 2.91% 2.86% 2.82% 2.68% 2.64% 2.49% 2.40% 3.62% 3.32% 3.14% 3.04% 2.72% 2.69% 2.50% 2.40% 2.17% 2.04% Expense Ratio Turnover Ratio 30 June June % 1.88% 30 June June % 1.02% Other Material Information 152

159 Henderson Global Investors Henderson Horizon Fund (HHF) Pan European Property Equities Fund Investments in Collective Investment Schemes Henderson Horizon Fund (HHF) Pan European Property Equities Fund, an ILP subfund, feeds 100% into the underlying Luxembourg registered Henderson Horizon Fund (HHF) Pan European Property Equities Fund (Class A2). Market Value EUR 163, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions EUR 52,617 (95,353) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year Since Inception* 3 Years* 5 Years* 10 Years* (31 Jul 1998) HHF Pan European Property Equities Fund 5.32% 11.61% 26.14% 24.06% 17.76% 4.33% 8.07% Benchmark: FTSE EPRA/NAREIT Developed Europe Capped Index Net TRI 7.00% 11.02% 21.54% 20.32% 16.16% 5.39% 9.44% * Annualised Performance 153

160 Underlying Fund: Henderson Horizon Fund (HHF) Pan European Property Equities Fund (Class A2) Top 10 Holdings as at 30 June 2015 LAND SECURITIES GROUP BRITISH LAND UNIBAILRODAMCO GREAT PORTLAND ESTATES EUROCOMMERCIAL PROPERTIES DEUTSCHE WOHNEN KLEPIERRE ICADE SAFESTORE DERWENT LONDON Top 10 Holdings as at 30 June 2014 UNIBAILRODAMCO BRITISH LAND LAND SECURITIES GROUP GAGFAH GREAT PORTLAND ESTATES ICADE DERWENT LONDON SAFESTORE LEG IMMOBILIEN LXB RETAIL PROPERTIES Market Value EUR 41,296,538 39,704,895 29,020,800 23,067,523 21,274,356 19,896,275 19,536,413 19,408,665 19,213,894 16,038,423 Market Value EUR 29,746,500 28,951,465 26,523,076 17,917,875 16,449,381 14,872,250 12,880,826 12,659,592 12,327,500 12,020, % 9.42% 6.88% 5.47% 5.05% 4.72% 4.63% 4.60% 4.56% 3.80% 9.53% 9.27% 8.50% 5.74% 5.27% 4.76% 4.13% 4.06% 3.95% 3.85% Expense Ratio Turnover Ratio 30 June June % 1.91% 30 June June % 85.14% Other Material Information 154

161 JPMorgan Asset Management (Singapore) Ltd JPMorgan Funds Emerging Europe, Middle East and Africa Equity Fund Investments in Collective Investment Schemes JPMorgan Funds Emerging Europe, Middle East and Africa Equity Fund, an ILP subfund, feeds 100% into the underlying Luxembourg registered JPMorgan Funds Emerging Europe, Middle East and Africa Equity Fund (Class A Distribution). 293, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions USD 97,276 (67,951) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year Since Inception* 3 Years* 5 Years* 10 Years* (14 Apr 1997) JPMorgan Funds Emerging Europe, Middle East and Africa Equity Fund 0.20% 2.40% 15.10% 0.30% 1.00% 5.70% 9.90% Benchmark: MSCI EM EMEA Net 1.90% 3.90% 14.20% 1.40% 1.70% 6.20% 8.90% * Annualised Performance 155

162 Underlying Fund: JPMorgan Funds Emerging Europe, Middle East and Africa Equity Fund (Class A Distribution) Top 10 Holdings as at 30 June 2015 NASPERS MTN LUKOIL FIRSTRAND SBERBANK OF RUSSIA MAGNIT SURGUTNEFTEGAZ ASPEN PHARMACARE MMC NORILSK NICKEL SANLAM 35,105,065 16,312,515 14,757,269 13,903,434 12,840,642 12,197,372 11,406,587 11,153,126 10,085,495 9,932, % 4.54% 4.11% 3.87% 3.58% 3.40% 3.18% 3.11% 2.81% 2.77% Top 10 Holdings as at 30 June 2014 NASPERS LUKOIL SBERBANK OF RUSSIA GAZPROM MTN MAGNIT FIRSTRAND PKO BANK POLSKI SASOL JSC MMC NORILSK NICKEL 39,556,301 25,551,195 24,714,474 23,621,382 21,172,714 15,819,299 15,772,964 14,881,952 14,137,918 12,278, % 4.96% 4.80% 4.59% 4.11% 3.07% 3.06% 2.89% 2.75% 2.38% Expense Ratio Turnover Ratio 31 December December % 1.95% 31 December December % 46.21% Other Material Information 156

163 JPMorgan Asset Management (Singapore) Ltd JPMorgan Funds Emerging Middle East Equity Fund Investments in Collective Investment Schemes JPMorgan Funds Emerging Middle East Equity Fund, an ILP subfund, feeds 100% into the underlying Luxembourg registered JPMorgan Funds Emerging Middle East Equity Fund (Class A Distribution). 101, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions USD 72,509 (107,991) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year Since Inception* 3 Years* 5 Years* 10 Years* (18 May 1998) JPMorgan Funds Emerging Middle 1.80% 3.80% 5.80% 9.00% 4.40% 5.50% 6.80% East Equity Fund Benchmark: MSCI EM EMEA Net 1.70% 5.40% 9.40% 6.30% 4.10% 5.90% NA** * Annualised Performance 157

164 Underlying Fund: JPMorgan Funds Emerging Middle East Equity Fund (Class A Distribution) Top 10 Holdings as at 30 June 2015 QATAR NATIONAL BANK TURKIYE GARANTI BANKASI NATIONAL BANK OF KUWAIT EMAAR PROPERTIES COMMERCIAL INTERNATIONAL BANK TURKIYE IS BANKASI DP WORLD MASRAF AL RAYAN TURKIYE HALK BANKASI HACI OMER SABANCI Top 10 Holdings as at 30 June 2014 TURKIYE GARANTI BANKASI EMAAR PROPERTIES NATIONAL BANK OF KUWAIT MASRAF AL RAYAN QATAR NATIONAL BANK TURKIYE IS BANKASI TURKIYE HALK BANKASI BIM BIRLESIK MAGAZALAR INDUSTRIES QATAR HACI OMER SABANCI 13,731,371 11,748,069 9,750,520 9,393,370 9,370,126 7,071,504 6,205,613 6,185,522 6,177,293 6,135,518 18,583,244 18,394,694 15,804,077 15,004,875 11,940,127 11,878,903 10,305,633 10,201,874 10,032,567 9,624, % 6.11% 5.07% 4.89% 4.87% 3.68% 3.23% 3.22% 3.21% 3.19% 6.20% 6.14% 5.27% 5.01% 3.98% 3.96% 3.44% 3.40% 3.35% 3.21% Expense Ratio 31 December December % 1.95% Turnover Ratio 31 December December % 0.00% Note: The turnover ratio for JPMorgan Funds Emerging Middle East Equity Fund is 0.00% as there was no Other Material Information 158

165 JPMorgan Asset Management (Singapore) Ltd JPMorgan Funds Global Dynamic Fund Investments in Collective Investment Schemes JPMorgan Funds Global Dynamic Fund, an ILP subfund, feeds 100% into the underlying Luxembourg registered JPMorgan Funds Global Dynamic Fund (Class A Distribution). 429, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions USD 555,964 (428,726) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year Since Inception* 3 Years* 5 Years* 10 Years* (27 May 2004) JPMorgan Funds Global Dynamic Fund 0.80% 2.30% 0.80% 13.60% 11.30% 5.10% 6.00% Benchmark: MSCI World Net 0.30% 2.60% 1.40% 14.30% 13.10% 6.40% 6.80% * Annualised Performance 159

166 Underlying Fund: JPMorgan Funds Global Dynamic Fund (Class A Distribution) Top 10 Holdings as at 30 June 2015 APPLE MICROSOFT JOHNSON & JOHNSON PFIZER WELLS FARGO CITIGROUP BANK OF AMERICA NOVARTIS ROYAL DUTCH SHELL ROCHE Top 10 Holdings as at 30 June 2014 APPLE GOOGLE JOHNSON & JOHNSON MICROSOFT NOVARTIS ROYAL DUTCH SHELL WELLS FARGO MERCK & CO CITIGROUP BP 14,778,417 8,293,848 6,824,472 6,444,736 6,306,725 6,203,807 6,085,563 5,800,940 5,545,118 5,499,510 19,385,918 19,015,420 18,678,490 17,206,435 13,794,431 11,995,705 11,758,184 11,548,945 9,794,037 9,768, % 1.41% 1.16% 1.09% 1.07% 1.05% 1.03% 0.98% 0.94% 0.93% 1.57% 1.54% 1.51% 1.39% 1.11% 0.97% 0.95% 0.93% 0.79% 0.79% Expense Ratio Turnover Ratio 31 December December % 1.90% 31 December December % % Other Material Information 160

167 JPMorgan Asset Management (Singapore) Ltd JPMorgan Funds Global Natural Resources Fund Investments in Collective Investment Schemes JPMorgan Funds Global Natural Resources Fund, an ILP subfund, feeds 100% into the underlying Luxembourg registered JPMorgan Funds Global Natural Resources Fund (Class A Accumulation). 961, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions USD 595,843 (251,943) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year Since Inception* 3 Years* 5 Years* 10 Years* (12 Sep 2006) JPMorgan Funds Global Natural Resources Fund 1.40% 8.20% 35.10% 38.60% 45.20% NA 5.20% Benchmark: Euromoney Global Gold, Mining & Energy Net 1.60% 4.70% 28.40% 29.30% 26.20% NA 0.10% * Annualised Performance 161

168 Underlying Fund: JPMorgan Funds Global Natural Resources Fund (Class A Accumulation) Top 10 Holdings as at 30 June 2015 LUNDIN MINING GLENCORE RIO TINTO FREEPORTMCMORAN FIRST QUANTUM MINERALS GOLDCORP BHP BILLITON ANADARKO PETROLEUM PETRA DIAMONDS AGNICOEAGLE MINES Top 10 Holdings as at 30 June 2014 FIRST QUANTUM MINERALS FREEPORTMCMORAN COPPER & GOLD GLENCORE BHP BILLITON RIO TINTO LUNDIN MINING PETRA DIAMONDS ANADARKO PETROLEUM CONOCO PHILLIPS DNO INTERNATIONAL 38,593,764 34,442,526 31,495,620 31,417,489 30,884,398 26,444,970 25,745,231 24,538,037 19,933,721 17,801,920 67,239,397 62,286,994 60,109,949 59,424,703 54,427,777 37,963,816 31,202,423 29,499,805 28,968,436 27,783, % 4.93% 4.51% 4.49% 4.42% 3.78% 3.68% 3.51% 2.85% 2.55% 5.98% 5.54% 5.35% 5.28% 4.84% 3.38% 2.78% 2.62% 2.58% 2.47% Expense Ratio 31 December December % 1.90% Turnover Ratio 31 December December % 0.00% Note: The turnover ratio for JPMorgan Funds Global Natural Resources Fund is 0.00% as there was no purch Other Material Information 162

169 JPMorgan Asset Management (Singapore) Ltd JPMorgan Funds JF India Fund Investments in Collective Investment Schemes JPMorgan Funds JF India Fund, an ILP subfund, feeds 100% into the underlying Luxembourg registered JPMorgan Funds JF India Fund (Class A Accumulation). 987, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions USD 282,894 (395,834) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year Since Inception* 3 Years* 5 Years* 10 Years* (31 Mar 2005) JPMorgan Funds JF India Fund 4.10% 3.50% 12.70% 12.50% 4.50% 10.40% 11.30% Benchmark: MSCI India 10/40 Capped Net 3.30% 1.60% 3.20% 12.10% 2.80% 11.00% 12.00% * Annualised Performance 163

170 Underlying Fund: JPMorgan Funds JF India Fund (Class A Accumulation) Top 10 Holdings as at 30 June 2015 HOUSING DEVELOPMENT FINANCE CORPORATION LIMITED HDFC BANK LIMITED INFOSYS LIMITED SUN PHARMACEUTICAL INDUSTRIES LIMITED TATA CONSULTANCY SERVICES LIMITED MARUTI SUZUKI INDIA LIMITED INDUSIND BANK LTD. KOTAK MAHINDRA BANK LIMITED AMBUJA CEMENTS LIMITED ACC LIMITED Top 10 Holdings as at 30 June 2014 HDFC BANK LIMITED RELIANCE INDUSTRIES LIMITED HOUSING DEVELOPMENT FINANCE CORPORATION LIMITED INFOSYS LIMITED TATA MOTORS LIMITED SUN PHARMACEUTICAL INDUSTRIES LIMITED AMBUJA CEMENTS LIMITED MAHINDRA & MAHINDRA LTD. ITC LIMITED KOTAK MAHINDRA BANK LIMITED 137,817, ,493,138 95,364,396 67,196,515 62,608,437 61,132,880 59,692,877 59,486,596 56,943,645 56,309, ,859, ,671, ,397, ,680,193 74,172,313 58,438,237 53,238,690 52,250,437 50,876,909 50,534, % 7.58% 6.85% 4.83% 4.50% 4.39% 4.29% 4.27% 4.09% 4.05% 9.50% 9.42% 8.61% 7.90% 4.90% 3.86% 3.52% 3.45% 3.36% 3.34% Expense Ratio 31 December December % 2.10% Turnover Ratio 31 December December % 0.00% Note: The turnover ratio for JPMorgan Funds JF India Fund is 0.00% as there was no purchase for the Other Material Information 164

171 JPMorgan Asset Management (Singapore) Ltd JPMorgan Funds JF Taiwan Fund Investments in Collective Investment Schemes JPMorgan Funds JF Taiwan Fund, an ILP subfund, feeds 100% into the underlying Luxembourg registered JPMorgan Funds JF Taiwan Fund (Class A Distribution). 40, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions USD 6,726 (7,624) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year Since Inception* 3 Years* 5 Years* 10 Years* (18 May 2001) JPMorgan Funds JF Taiwan Fund 3.70% 9.60% 0.30% 12.20% 10.20% 6.40% 5.10% Benchmark: Taiwan Weighted Total 0.60% 3.40% 0.50% 11.10% 9.60% 8.30% 8.10% * Annualised Performance 165

172 Underlying Fund: JPMorgan Funds JF Taiwan Fund (Class A Distribution) Top 10 Holdings as at 30 June 2015 TAIWAN SEMICONDUCTOR MANUFACTURING CO., LTD. HON HAI PRECISION INDUSTRY CO., LTD. CATHAY FINANCIAL HOLDING CO., LTD. LARGAN PRECISION CO., LTD. FUBON FINANCIAL HOLDING CO., LTD. ADVANCED SEMICONDUCTOR ENGINEERING, INC. CATCHER TECHNOLOGY CO., LTD. CTBC FINANCIAL HOLDING COMPANY LTD. ECLAT TEXTILE CO., LTD. PEGATRON CORPORATION Top 10 Holdings as at 30 June 2014 TAIWAN SEMICONDUCTOR MANUFACTURING HON HAI PRECISION INDUSTRY MEDIATEK DELTA ELECTRONICS PRESIDENT CHAIN STORE CORPORATION ADVANCED SEMICONDUCTOR ENGINEERING CATHAY FINANCIAL HOLDING FUBON FINANCIAL HOLDING CATCHER TECHNOLOGY MERIDA INDUSTRY 19,547,639 14,192,174 9,340,968 8,911,180 8,340,854 7,208,602 7,155,909 6,515,419 5,887,439 5,850,352 28,309,011 14,861,610 10,388,355 9,427,676 8,109,615 6,881,577 6,630,819 5,994,705 5,797,320 5,780, % 6.17% 4.06% 3.88% 3.63% 3.14% 3.11% 2.83% 2.56% 2.54% 9.33% 4.90% 3.43% 3.11% 2.67% 2.27% 2.19% 1.98% 1.91% 1.91% Expense Ratio Turnover Ratio 31 December December % 1.90% 31 December December % % Other Material Information 166

173 Jupiter Asset Management Jupiter Global Fund Jupiter European Growth Investments in Collective Investment Schemes Jupiter Global Fund Jupiter European Growth, an ILP subfund, feeds 100% into the underlying Luxembourg registered Jupiter Global Fund Jupiter European Growth (Class L). Market Value EUR 281, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions EUR 164,309 (51,626) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year Since Inception* 3 Years* 5 Years* 10 Years* (17 Aug 2001) Jupiter Global Fund Jupiter European Growth 0.18% 19.61% 27.60% 21.41% 16.68% 10.58% 7.72% Benchmark: FTSE World Europe Index Net TR 2.77% 13.26% 14.14% 18.01% 12.66% 6.60% 4.99% * Annualised Performance 167

174 Underlying Fund: Jupiter Global Fund Jupiter European Growth (Class L) Top 10 Holdings as at 30 June 2015 SYNGENTA NOVO NORDISK DEUTSCHE BOERSE INMARSAT NOVOZYMES BAYER AMADEUS LUXOTTICA REED ELSEVIER WIRECARD Top 10 Holdings as at 30 June 2014 REED ELSEVIER NOVO NORDISK NOVOZYMES SYNGENTA FRESENIUS PROVIDENT FINANCIAL BAYER JOHNSON MATTHEY WIRECARD AMADEUS Market Value EUR 126,112, ,178, ,751,548 99,249,649 96,003,452 92,941,902 90,622,122 83,004,774 82,427,885 78,297,010 Market Value EUR 56,958,754 49,946,757 44,223,812 41,717,432 40,978,125 40,894,013 35,156,625 35,068,955 34,912,275 32,249, % 6.72% 5.49% 5.41% 5.24% 5.07% 4.94% 4.53% 4.50% 4.27% 7.58% 6.64% 5.88% 5.55% 5.45% 5.44% 4.68% 4.66% 4.64% 4.29% Expense Ratio Turnover Ratio 30 September September % 1.78% 30 June June % 41.00% Other Material Information 168

175 Jupiter Asset Management Jupiter Global Fund Jupiter Global Ecology Growth Investments in Collective Investment Schemes Jupiter Global Fund Jupiter Global Ecology Growth, an ILP subfund, feeds 100% into the underlying Luxembourg registered Jupiter Global Fund Jupiter Global Ecology Growth (Class L). 26, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions USD 14,518 (12,972) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year Since Inception* 3 Years* 5 Years* 10 Years* (15 May 2008) Jupiter Global Fund Jupiter Global Ecology Growth 1.52% 3.73% 4.21% 13.38% 8.93% NA 0.08% Benchmark: FTSE World Index Net TR 0.48% 2.80% 1.05% 13.96% 12.88% NA 4.09% * Annualised Performance 169

176 Underlying Fund: Jupiter Global Fund Jupiter Global Ecology Growth (Class L) Top 10 Holdings as at 30 June 2015 PALL LKQ UNITED NATURAL FOODS CRANSWICK JOHNSON MATTHEY STANTEC REPUBLIC SERVICES REGALBELOIT STERICYCLE VESTAS WIND SYSTEMS Top 10 Holdings as at 30 June 2014 STANTEC LKQ PALL VACON CRANSWICK COVANTA NOVOZYMES REGALBELOIT SCHNEIDER ELECTRIC UNITED NATURAL FOODS 467, , , , , , , , , , , , , , , , , , , , % 3.40% 3.40% 2.70% 2.57% 2.51% 2.27% 2.22% 2.21% 2.12% 3.39% 2.60% 2.59% 2.32% 2.29% 2.28% 2.16% 2.05% 1.98% 1.86% Expense Ratio Turnover Ratio 30 September September % 2.00% 30 June June % 99.92% Other Material Information 170

177 Jupiter Asset Management Jupiter Global Fund Jupiter Global Financials Investments in Collective Investment Schemes Jupiter Global Fund Jupiter Global Financials, an ILP subfund, feeds 100% into the underlying Luxembourg registered Jupiter Global Fund Jupiter Global Financials (Class L). 173, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions USD 48,765 (55,011) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year Since Inception* 3 Years* 5 Years* 10 Years* (10 Jul 2007) Jupiter Global Fund Jupiter Global Financials Benchmark: FTSE All 1.61% 4.55% 4.44% 17.87% 8.99% NA 0.15% World Financials Stg Net TR 2.25% 3.10% 3.77% 16.46% 11.00% NA 1.43% * Annualised Performance 171

178 Underlying Fund: Jupiter Global Fund Jupiter Global Financials (Class L) Top 10 Holdings as at 30 June 2015 CITIGROUP BARCLAYS ING GROEP UBS GROUP LEONTEQ YES BANK BANQUE CANTONALE VAUDOISE EURONEXT JPMORGAN CHASE BANK OF AMERICA Top 10 Holdings as at 30 June 2014 AMERICAN EXPRESS INVESCO LSE GROUP ST JAMES'S PLACE PRUDENTIAL T ROWE PRICE MASTERCARD SAMPO TORONTODOMINION BANK PNC FINANCIAL SERVICES 3,389,746 2,580,513 2,407,229 2,357,246 2,313,788 2,180,297 2,161,573 2,101,387 2,076,008 2,001,930 3,152,626 2,834,134 2,744,934 2,330,570 2,277,713 2,164,964 2,123,365 1,970,196 1,926,618 1,858, % 2.81% 2.62% 2.57% 2.52% 2.38% 2.35% 2.29% 2.26% 2.18% 2.95% 2.66% 2.57% 2.18% 2.13% 2.03% 1.99% 1.85% 1.81% 1.74% Expense Ratio Turnover Ratio 30 September September % 2.00% 30 June June % % Other Material Information 172

179 Jupiter Asset Management Jupiter Global Fund Jupiter India Select Investments in Collective Investment Schemes Jupiter Global Fund Jupiter India Select, an ILP subfund, feeds 100% into the underlying Luxembourg registered Jupiter Global Fund Jupiter India Select (Class L). 583, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions USD 407,204 (236,122) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year Since Inception* 3 Years* 5 Years* 10 Years* (2 May 2008) Jupiter Global Fund Jupiter India Select 2.90% 1.76% 13.24% 14.75% 4.40% NA 3.69% Benchmark: MSCI India 3.61% 1.59% 3.26% 11.96% 2.48% NA 0.15% * Annualised Performance 173

180 Underlying Fund: Jupiter Global Fund Jupiter India Select (Class L) Top 10 Holdings as at 30 June 2015 HINDUSTAN PETROLEUM INFOSYS TECHNOLOGIES GODFREY PHILLIPS INDIA NESTLE INDIA SUN PHARMACEUTICAL INDUSTRIES FORCE MOTORS KOTAK MAHINDRA BANK STATE BANK OF INDIA PRISM CEMENT BHARTI AIRTEL Top 10 Holdings as at 30 June 2014 TECH MAHINDRA INFOSYS TECHNOLOGIES RANBAXY LABORATORIES GODFREY PHILLIPS INDIA HSI LIMITED NESTLE INDIA BHARTI AIRTEL PRISM CEMENT STATE BANK OF INDIA ORIENTAL BANK OF COMMERCE 22,902,238 14,165,153 7,986,635 5,486,784 5,340,314 5,303,858 5,227,467 5,212,408 5,173,145 4,947,585 10,555,158 9,634,847 8,340,155 7,767,990 5,544,424 5,198,347 4,481,171 4,324,511 4,198,312 4,140, % 5.47% 3.08% 2.12% 2.06% 2.05% 2.02% 2.01% 2.00% 1.91% 5.56% 5.08% 4.39% 4.09% 2.92% 2.74% 2.36% 2.28% 2.21% 2.18% Expense Ratio Turnover Ratio 30 September September % 2.16% 30 June June % 78.82% Other Material Information 174

181 Legg Mason Asset Management Singapore Pte Limited Legg Mason QS MV European Equity Growth and Income Fund^ Investments in Collective Investment Schemes Legg Mason QS MV European Equity Growth and Income Fund, an ILP subfund, feeds 100% into the underlying Dublin registered Legg Mason QS MV European Equity Growth and Income Fund (Class A Euro Accumulation). ^Prior to 27 April 2015, Legg Mason QS MV European Equity Growth and Income Fund was known as Legg Mason Batterymarch Managed Volatility European Equity Fund. Market Value EUR 76, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions EUR 19,908 (6,315) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year Since Inception* 3 Years* 5 Years* 10 Years* (31 Aug 2010) Legg Mason QS MV European Equity Growth 2.47% 12.21% 14.23% 16.96% NA NA 11.66% and Income Fund Benchmark: MSCI Europe Index (Net Dividends) (EUR) 3.26% 12.75% 13.48% 17.36% NA NA 11.74% * Annualised Performance 175

182 Underlying Fund: Legg Mason QS MV European Equity Growth and Income Fund (Class A Euro Accumulation) Top 10 Holdings as at 30 June 2015 FREENET AG NPV ELISA OYJ NEXT PLC ROYAL MAIL PLC SCOR SE IG GROUP HOLDINGS PLC ANHEUSERBUSCH INBEV STANDARD CHARTERED BRITISH SKY BROADCASTING GROUP BT GROUP Market Value EUR 2,441,251 2,433,921 2,427,682 2,418,669 2,408,438 2,375,598 2,363,495 2,361,680 2,360,356 2,342, % 1.29% 1.29% 1.29% 1.28% 1.26% 1.26% 1.26% 1.26% 1.25% Top 10 Holdings as at 30 June 2014 BERKELEY GROUP EDP ENERGIAS DE PORTUGAL BP PLC NOVARTIS AG REG PSP SWISS PROPERTY SES RECEIPT NPV ROCHE HOLDING AG TOTAL SA RECKITT BENCKISER GROUP PLC SSE PLC Market Value EUR 1,018, , , , , , , , , , % 1.51% 1.50% 1.48% 1.48% 1.47% 1.46% 1.45% 1.45% 1.44% Expense Ratio Turnover Ratio 30 June June % 1.88% 30 June June % 37.47% Other Material Information 176

183 Legg Mason Asset Management Singapore Pte Limited Legg Mason Western Asset Asian Opportunities Fund Investments in Collective Investment Schemes Legg Mason Western Asset Asian Opportunities Fund, an ILP subfund, feeds 100% into the underlying Dublin registered Legg Mason Western Asset Asian Opportunities Fund (Class A Distributing (M) SGD Hedged Plus). Market Value SGD 18, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions SGD 14,814 (4,491) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year Since Inception* 3 Years* 5 Year* 10 Years* (18 Jan 2011) Legg Mason Western Asset Asian Opportunities Fund 1.39% 0.83% 2.51% 0.70% NA NA 1.68% Benchmark: HSBC Asian Local Bond Overall Index 0.55% 0.00% 0.55% 1.58% NA NA 2.86% * Annualised Performance 177

184 Top 10 Holdings as at 30 June 2015 THAILAND GOVERNMENT /12/2025 SINGAPORE DOLLAR IRS /23/2018 REPUBLIC OF PHILIPPINES /14/2036 SINGAPORE DOLLAR IRS /25/2018 INDIA GOVERNMENT BOND /03/2019 KOREA TREASURY BOND /10/2022 INDIA GOVERNMENT BOND /11/2022 MALAYSIA GOVERNMENT /15/2023 SINGAPORE DOLLAR IRS /04/2019 CHINA GOVERNMENT BOND 3.6 5/21/2030 Underlying Fund: Legg Mason Western Asset Asian Opportunities Fund (Class A Distributing (M) SGD Hedged Plus) 30,100,177 28,570,586 26,822,481 26,385,455 26,330,826 25,566,031 23,435,528 22,124,450 19,775,434 15,405, % 5.23% 4.91% 4.83% 4.82% 4.68% 4.29% 4.05% 3.62% 2.82% Top 10 Holdings as at 30 June 2014 SINGAPORE DOLLAR IRS /23/2018 THAILAND GOVERNMENT /16/2023 KOREA TREASURY BOND /10/2022 SINGAPORE DOLLAR IRS /25/2018 INDIA GOVERNMENT /03/2019 MALAYSIAN GOVERNMENT /15/2023 REPUBLIC OF PHILIPPINES /14/2036 INDIA GOVERNMENT /11/2022 SINGAPORE DOLLAR IRS /04/2019 KOREA TREASURY BOND /10/ ,992,424 30,666,972 30,024,823 28,608,392 27,058,286 25,937,995 25,736,249 23,910,888 21,456,294 16,801, % 4.77% 4.67% 4.45% 4.21% 4.03% 4.00% 3.72% 3.34% 2.61% Note: Market values are based in USD according to data source provided by Legg Mason Asset Management Singapore Pte Limited. Expense Ratio Turnover Ratio 30 June June % 1.39% 30 June June % 52.04% Other Material Information 178

185 MFS Investment Management Massachusetts Financial Services (MFS) Meridian Funds Global Equity Fund Investments in Collective Investment Schemes Massachusetts Financial Services (MFS) Meridian Funds Global Equity Fund, an ILP subfund, feeds 100% into the underlying Luxembourg registered Massachusetts Financial Services (MFS) Meridian Funds Global Equity Fund (Class A1). Market Value EUR 602, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions EUR 345,941 (147,677) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year Since Inception* 3 Years* 5 Years* 10 Years* (12 Mar 1999) MFS Meridian Funds Global Equity Fund 3.48% 11.04% 24.24% 19.57% 15.78% 8.61% 6.20% Benchmark: MSCI World Index (Net Div) 3.31% 11.46% 24.64% 19.33% 15.26% 7.26% 4.37% * Annualised Performance

186 Underlying Fund: Massachusetts Financial Services (MFS) Meridian Funds Global Equity Fund (Class A1) Top 10 Holdings as at 30 June 2015 Market Value EUR ACCENTURE PLC 117,911, % BANK OF NEW YORK MELLON CORP 80,460, % 3M CO 75,919, % AMERICAN EXPRESS CO 71,535, % AKZO NOBEL NV 58,271, % AUTOZONE INC 53,771, % ADECCO SA 46,512, % AMPHENOL CORP 34,759, % AMBEV SA 26,158, % AIR LIQUIDE SA 25,541, % Top 10 Holdings as at 30 June 2014 WALT DISNEY CO LINDE AG NESTLE SA RECKITT BENCKISER GROUP PLC HONEYWELL INTERNATIONAL INC BAYER AG DIAGEO PLC THERMO FISHER SCIENTIFIC INC TIME WARNER INC ACCENTURE PLC Market Value EUR 108,378,165 98,000,978 95,182,376 92,887,985 84,874,965 83,093,617 82,272,763 80,111,254 77,106,006 72,316, % 2.71% 2.63% 2.57% 2.35% 2.30% 2.28% 2.22% 2.13% 2.00% Expense Ratio Turnover Ratio For the 12 months ended For the 12 months ended 30 June June % 1.91% For the 12 months ended For the 12 months ended 30 June June % 44.07% Other Material Information

187 NN Investment Partners (Singapore) Ltd NN (L) Euro Equity^ Investments in Collective Investment Schemes NN (L) Euro Equity, an ILP subfund, feeds 100% into the underlying Luxembourg registered NN (L) Euro Equity (Class X Capitalisation). ^ Prior to 7 April 2015, NN (L) Euro Equity was known as ING (L) Invest Euro Equity. Market Value EUR 8, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions EUR 723 (1,580) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year Since Inception* 3 Years* 5 Years* 10 Years* (2 Jul 2000) NN (L) Euro Equity 4.09% 12.56% 11.08% 17.35% 8.94% 2.63% 0.57% Benchmark: MSCI EMU Index 4.93% 12.82% 11.45% 18.98% 10.51% 4.66% 1.41% * Annualised Performance 181

188 Underlying Fund: NN (L) Euro Equity (Class X Capitalisation) Top 10 Holdings as at 30 June 2015 TOTAL SA DAIMLER AGREG ING GROEP NVCVA BNP PARIBAS ALLIANZ SEREG ANHEUSERBUSCH INBEV NV AXA SA SANOFI VINCI SA MICHELIN (CGDE) Top 10 Holdings as at 30 June 2014 BAYER AGREG TOTAL SA DAIMLER AGREGISTERED SHARES SIEMENS AGREG BNP PARIBAS ALLIANZ SEREG ANHEUSERBUSCH INBEV NV GDF SUEZ SAP SE BANCO BILBAO VIZCAYA ARGENTA Market Value EUR 66,912 60,758 53,808 53,132 52,523 51,664 46,823 44,958 39,595 36,762 Market Value EUR 66,115 61,830 59,728 54,321 50,760 45,122 44,552 41,924 40,419 38, % 4.18% 3.70% 3.66% 3.61% 3.55% 3.22% 3.09% 2.72% 2.53% 4.80% 4.48% 4.33% 3.94% 3.68% 3.27% 3.23% 3.04% 2.93% 2.79% Note: The Market Values as at 30 June 2014 were revised according to source data provided by NN Investment Partners (Singapore) Ltd as the reporting format for Market Value has been revised and it is now being computed and reported at share class level instead of subfund level. Expense Ratio Turnover Ratio 30 June June % 2.15% 30 June June % 63.39% Other Material Information 182

189 NN Investment Partners (Singapore) Ltd NN (L) Euromix Bond^ Investments in Collective Investment Schemes NN (L) Euromix Bond, an ILP subfund, feeds 100% into the underlying Luxembourg registered NN (L) Euromix Bond (Class X Capitalisation). ^ Prior to 7 April 2015, NN (L) Euromix Bond was known as ING (L) Renta Fund Euromix Bond. Market Value EUR 42, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions EUR 2,315 (9,592) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year Since Inception* 3 Years* 5 Years* 10 Years* (2 Jul 2000) NN (L) Euromix Bond Benchmark: Barclays 1.51% 0.67% 1.35% 1.48% 1.96% 2.11% 3.45% Capital Euro Treasury AAA % 0.35% 2.16% 2.58% 3.01% 3.30% 4.57% * Annualised Performance 183

190 Underlying Fund: NN (L) Euromix Bond (Class X Capitalisation) Top 10 Holdings as at 30 June % BUNDESREPUB. DEUTSCHLAND 07/04/ % GERMANY (FEDERAL REPUBLIC OF) 12/16/ % GERMANY FEDERAL REPUB OF 09/16/2016 ING (L) LIQUID EUR Z CAP 4.500% NETHERLANDS GOVERNMENT 07/15/ % BUNDESREPUB. DEUTSCHLAND 07/04/ % BUNDESREPUB. DEUTSCHLAND 01/04/ % NETHERLANDS GOVERNMENT 07/15/ % NETHERLANDS GOVERNMENT 07/15/ % BUNDESREPUB. DEUTSCHLAND 07/04/2020 Top 10 Holdings as at 30 June % BUNDESREPUB. DEUTSCHLAND 07/04/ % BUNDESOBLIGATION 04/08/ % BUNDESREPUB. DEUTSCHLAND 01/04/ % NETHERLANDS GOVERNMENT 07/15/2022 ING (L) LIQUID EUR Z CAP 2.250% BUNDESREPUB. DEUTSCHLAND 09/04/ % DEUTSCHLAND I/L BOND 04/15/ % REPUBLIC OF AUSTRIA 04/20/ % BUNDESREPUB. DEUTSCHLAND 07/04/ % NETHERLANDS GOVERNMENT 07/15/2023 Market Value EUR 356, , , , , , , , , ,960 Market Value EUR 514, , , , , , , , , , % 4.74% 4.35% 2.87% 2.64% 2.52% 2.51% 2.48% 2.46% 2.23% 8.35% 6.56% 6.24% 5.29% 5.06% 4.44% 4.39% 4.26% 4.09% 3.41% Note: The Market Values as at 30 June 2014 were revised according to source data provided by NN Investment Partners (Singapore) Ltd as the reporting format for Market Value has been revised and it is now being computed and reported at share class level instead of subfund level. Expense Ratio Turnover Ratio 30 June June % 1.00% 30 June June % 44.74% Other Material Information 184

191 PIMCO Asia Pte Ltd PIMCO Funds: Global Investors Series PLC (GIS plc) Emerging Markets Bond Fund Investments in Collective Investment Schemes PIMCO Funds: Global Investors Series PLC (GIS plc) Emerging Markets Bond Fund, an ILP subfund, feeds 100% into the underlying Ireland registered PIMCO Funds: Global Investors Series PLC (GIS plc) Emerging Markets Bond Fund (Class E Accumulation). 607, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions USD 107,264 (253,445) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year Since Inception* 3 Years* 5 Years* 10 Years* (31 Mar 2006) PIMCO Funds: GIS plc Emerging Markets Bond Fund 0.39% 2.06% 4.65% 1.63% 4.80% NA 5.56% Benchmark: JP Morgan Emerging Markets Bond Index (EMBI) Global 0.29% 1.76% 1.57% 3.44% 6.52% NA 7.18% * Annualised Performance 185

192 Top 10 Holdings as at 31 March 2015 PEMEX GLBL CO GTD PETROBRAS GLOBAL FINANCE CO GTD INDONESIA (REP OF) BD 144A PEMEX GLBL SR UNSEC PETROBRAS GLOBAL FINANCE CO GTD ZCS BRL R /04/1201/02/17 BOA GAZ CAPITAL SA SBERBANK (SB CAP SA) UNSEC REGS SLOVENIA GOVT 144A ECOPETROL SA GLBL NT Underlying Fund: PIMCO Funds: Global Investors Series PLC (GIS plc) Emerging Markets Bond Fund (Class E Accumulation) 150,119,804 88,622,185 82,553,259 70,450,562 67,268,895 59,926,977 55,423,443 51,860,518 51,084,223 47,996, % 1.90% 1.77% 1.51% 1.44% 1.28% 1.19% 1.11% 1.09% 1.03% Top 10 Holdings as at 31 March 2014 CDX EM21 BP ICE PEMEX GLBL CO GTD RUSSIAN FEDERATION SR UNSEC REGS PETROBRAS INTL FIN CO GLBL CO GTD IRS BRL ZCS R 8.42/CDI 12/04/12 BOA MEXICO (UMS) GLOBAL SR UNSEC ECOPETROL SA GLBL NT IRS ZAR R /11/115Y HUS VENEZUELA (REP OF) BOLIVARIAN REGS SBERBANK (SB CAP SA) NT SR UNSEC 248,896, ,902,244 88,053,587 84,150,862 78,591,880 75,590,168 68,132,645 63,499,277 61,640,998 61,350, % 2.27% 1.64% 1.56% 1.46% 1.40% 1.27% 1.18% 1.15% 1.14% Note: The Top 10 Holdings as at 31 March 2014 were revised to include derivatives according to data source provided by PIMCO Asia Pte Ltd. Expense Ratio Turnover Ratio 30 June June % 1.69% 31 December December % % Other Material Information 186

193 PIMCO Asia Pte Ltd PIMCO Funds: Global Investors Series PLC (GIS plc) Global Bond Fund Investments in Collective Investment Schemes PIMCO Funds: Global Investors Series PLC (GIS plc) Global Bond Fund, an ILP subfund, feeds 100% into the underlying Ireland registered PIMCO Funds: Global Investors Series PLC (GIS plc) Global Bond Fund (Class E Accumulation). 329, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions USD 119,505 (109,847) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year Since Inception* 3 Years* 5 Years* 10 Years* (31 Mar 2006) PIMCO Funds: GIS plc Global Bond Fund Benchmark: Barclays 3.03% 0.63% 3.06% 3.84% 4.78% NA 4.94% Global Aggregate (USD Hedged) Index 2.20% 0.39% 2.96% 3.27% 3.71% NA 4.64% * Annualised Performance 187

194 Top 10 Holdings as at 31 March 2015 JAPANESE GOVT BOND (20Y) #150 FIN FUT US 10YR CBT 06/19/15 IRS USD /20/185Y CME FIN FUT EURBUND 10YR EUX 06/08/15 CCS EUR R US3ML/EUR3ML10 DUB GNMA II TBA 4.0% APR 30YR JMBO ITALIAN BTP BOND U S TREASURY INFLATE PROT BD POLAND GOVERNMENT BOND CCS EUR R US3ML/EUR3ML10 GLM Underlying Fund: PIMCO Funds: Global Investors Series PLC (GIS plc) Global Bond Fund (Class E Accumulation) 452,124, ,423, ,078, ,867, ,881, ,011, ,151, ,844, ,507, ,757, % 5.37% 4.39% 3.75% 3.74% 2.74% 2.61% 2.55% 2.48% 2.38% Top 10 Holdings as at 31 March 2014 IRS JPY /19/1320Y CME IRS USD /20/185Y CME SPANISH GOVT BD (BONOS Y OBLIG) BRAZIL NTNF CCS USD R US3ML/JPY3ML JPM ITALIAN BTP BOND FIN FUT US 10YR CBT 06/19/14 NOTA DO TESOURO NACIONAL UNSEC SPANISH GOVT BD (BONOS Y OBLIG) DEPFA ACS BANK COVREGS 435,995, ,753, ,276, ,264, ,790, ,577, ,652, ,748, ,391, ,474, % 4.11% 2.97% 2.77% 2.12% 1.98% 1.90% 1.87% 1.50% 1.48% Note: The Top 10 Holdings as at 31 March 2014 were revised to include derivatives according to data source provided by PIMCO Asia Pte Ltd. Expense Ratio Turnover Ratio 30 June June % 1.39% 31 December December % % Other Material Information 188

195 PIMCO Asia Pte Ltd PIMCO Funds: Global Investors Series PLC (GIS plc) Global Real Return Fund Investments in Collective Investment Schemes PIMCO Funds: Global Investors Series PLC (GIS plc) Global Real Return Fund, an ILP subfund, feeds 100% into the underlying Ireland registered PIMCO Funds: Global Investors Series PLC (GIS plc) Global Real Return Fund (Class E Accumulation). 419, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions USD 124,565 (111,248) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year Since Inception* 3 Years* 5 Years* 10 Years* (31 Mar 2006) PIMCO Funds: GIS plc Global Real Return Fund Benchmark: Barclays 2.52% 0.48% 1.47% 1.00% 3.67% NA 4.13% World Government InflationLinked Bond USD Hedged Index 2.51% 0.16% 3.34% 1.88% 4.24% NA 4.84% * Annualised Performance 189

196 Top 10 Holdings as at 31 March 2015 FRANCE (GOVT OF) OATE I/L UK TSY 0.125% 2024 I/L GILT BUNDESOBLIGATION I/L BD U S TREASURY INFLATE PROT BD U S TREASURY INFLATE PROT BD ITALIAN BTP BOND I/L UK TSY 0.125% 2044 I/L GILT U S TREASURY INFLATE PROT BD U S TREASURY INFLATE PROT BD U S TREASURY INFLATE PROT BD Underlying Fund: PIMCO Funds: Global Investors Series PLC (GIS plc) Global Real Return Fund (Class E Accumulation) 228,954, ,748, ,999, ,956, ,936, ,219, ,554, ,479, ,164,264 98,823, % 7.49% 6.51% 6.44% 5.85% 5.19% 4.14% 4.03% 3.94% 3.64% Top 10 Holdings as at 31 March 2014 UK TSY 0.125% 2024 I/L GILT U S TREASURY INFLATE PROT BD BUNDESOBLIGATION I/L BD U S TREASURY INFLATE PROT BD U S TREASURY INFLATE PROT BD U S TREASURY INFLATE PROT BD FIN FUT UK GILT LIF 06/26/14 U S TREASURY INFLATE PROT BD DENMARK (KINGDOM OF) I/L BD UK TSY 0.75% 2034 I/L GILT 228,036, ,546, ,234, ,162, ,874, ,625, ,105, ,438, ,309, ,933, % 6.75% 6.72% 5.75% 5.29% 4.41% 3.73% 3.50% 3.47% 3.40% Note: The Top 10 Holdings as at 31 March 2014 were revised to include derivatives according to data source provided by PIMCO Asia Pte Ltd. Expense Ratio Turnover Ratio 30 June June % 1.39% 31 December December % % Other Material Information 190

197 PIMCO Asia Pte Ltd PIMCO Funds: Global Investors Series PLC (GIS plc) Total Return Bond Fund Investments in Collective Investment Schemes PIMCO Funds: Global Investors Series PLC (GIS plc) Total Return Bond Fund, an ILP subfund, feeds 100% into the underlying Ireland registered PIMCO Funds: Global Investors Series PLC (GIS plc) Total Return Bond Fund (Class E Accumulation). 858, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions USD 673,554 (761,820) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year Since Inception* 3 Years* 5 Years* 10 Years* (31 Mar 2006) PIMCO Funds: GIS plc Total Return Bond Fund 1.93% 0.04% 0.04% 1.17% 2.49% NA 4.74% Benchmark: Barclays U.S. Aggregate Index 1.68% 0.10% 1.86% 1.83% 3.35% NA 4.89% * Annualised Performance 191

198 Top 10 Holdings as at 31 March 2015 FIN FUT US 10YR CBT 06/19/15 FIN FUT EURBUND 10YR EUX 06/08/15 U S TREASURY INFLATE PROT BD U S TREASURY BOND FNMA TBA 5.5% MAY 30YR FED HOME LN MTGE GLBL NT (7MMM) U S TREASURY BOND FNMA TBA 4.5% MAY 30YR U S TREASURY INFLATE PROT BD FNMA TBA 4.0% MAY 30YR Underlying Fund: PIMCO Funds: Global Investors Series PLC (GIS plc) Total Return Bond Fund (Class E Accumulation) 1,621,988, ,695, ,688, ,368, ,218, ,290, ,694, ,893, ,113, ,456, % 4.63% 4.57% 4.41% 3.62% 3.24% 3.00% 2.96% 2.38% 2.37% Top 10 Holdings as at 31 March 2014 OIS USD FEDL01/1.0 10/15/15 CME FIN FUT US 5YR CBT 06/30/14 U S TREASURY NOTE U S TREASURY INFLATE PROT BD FNMA TBA 4.5% APR 30YR U S TREASURY NOTE U S TREASURY INFLATE PROT BD U S TREASURY INFLATE PROT BD WELLS FARGO & CO JR SUBORD K PFD FED HOME LN MTGE GLBL NT (7MMM) 1,614,043,556 1,070,192, ,054, ,425, ,503, ,008, ,760, ,598, ,910, ,437, % 5.64% 3.05% 2.64% 2.58% 1.99% 1.67% 1.66% 1.60% 1.56% Note: The Top 10 Holdings as at 31 March 2014 were revised to include derivatives according to data source provided by PIMCO Asia Pte Ltd. Expense Ratio Turnover Ratio 30 June June % 1.40% 31 December December % % Other Material Information 192

199 PIMCO Asia Pte Ltd PIMCO Funds: Global Investors Series PLC (GIS plc) US High Yield Bond Fund^ Investments in Collective Investment Schemes PIMCO Funds: Global Investors Series PLC (GIS plc) US High Yield Bond Fund, an ILP subfund, feeds 100% into the underlying Ireland registered PIMCO Funds: Global Investors Series PLC (GIS plc) US High Yield Bond Fund (Class E Accumulation). ^ Prior to 31 March 2015, PIMCO Funds: Global Investors Series PLC (GIS plc) US High Yield Bond Fund was known as PIMCO Funds: Global Investors Series PLC (GIS plc) High Yield Bond Fund. 596, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions USD 426,849 (566,224) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year Since Inception* 3 Years* 5 Years* 10 Years* (31 Mar 2006) PIMCO Funds: GIS plc US High Yield Bond Fund Benchmark: BofA Merrill 0.69% 1.77% 0.04% 5.51% 7.02% NA 5.32% Lynch US High Yield Constrained Index 0.05% 2.62% 0.63% 6.73% 8.31% NA 7.34% * Annualised Performance 193

200 Top 10 Holdings as at 31 March 2015 CDX HY23 5Y ICE ORTHOCLINICAL DIAGNOSTICS SR UNSEC 144 GARDNER DENVER SR UNSEC 144A LLOYDS BANKING GROUP PLC JR SUB CDX HY22 5Y ICE HCA INC SR UNSEC GLBL SPRINT CORP SR UNSEC HD SUPPLY INC SR UNSEC VALEANT PHARMACEUTICALS SR UNSEC 144A CIT GROUP INC GLBL SR UNSEC Underlying Fund: PIMCO Funds: Global Investors Series PLC (GIS plc) US High Yield Bond Fund (Class E Accumulation) 62,381,209 17,431,416 13,312,601 12,934,307 10,336,352 9,169,268 8,649,513 8,433,765 8,132,332 8,070, % 0.94% 0.72% 0.70% 0.56% 0.49% 0.47% 0.46% 0.44% 0.44% Top 10 Holdings as at 31 March 2014 CDX HY22 5Y BP ICE CDX HY20 5Y BP ICE LLOYDS BANKING GROUP PLC JR SUB CIT GROUP INC GLBL SR UNSEC GARDNER DENVER SR UNSEC 144A BIOMET INC GLBL SR SUB HCA HOLDINGS INC SR UNSEC EP ENERGY/EP FINANCE INC SR UNSEC SPRINT NEXTEL CORP SR UNSEC ALLY FINANCIAL INC GLBL CO GTD WI 45,039,171 32,647,742 17,808,647 17,199,429 15,532,609 12,282,266 12,077,166 11,618,191 11,266,769 11,036, % 1.34% 0.73% 0.70% 0.64% 0.50% 0.49% 0.48% 0.46% 0.45% Note: The Top 10 Holdings as at 31 March 2014 were revised to include derivatives according to data source provided by PIMCO Asia Pte Ltd. Expense Ratio Turnover Ratio 30 June June % 1.45% 31 December December % 78.00% Other Material Information 194

201 Schroder Investment Management (Singapore) Ltd Schroder Asian Growth Fund Investments in Collective Investment Schemes Schroder Asian Growth Fund, an ILP subfund, feeds 100% into the underlying Singapore registered Schroder Asian Growth Fund (USD). 1,935, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions USD 846,379 (736,814) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year Since Inception* 3 Years* 5 Years* 10 Years* (3 May 2004) Schroder Asian Growth Fund 0.64% 2.45% 0.14% 9.80% 10.58% 11.33% 11.40% Benchmark: MSCI AC Far East Ex Japan GR USD Index 0.94% 5.82% 3.86% 9.42% 8.23% 9.56% 10.44% * Annualised Performance 195

202 Underlying Fund: Schroder Asian Growth Fund (USD) Top 10 Holdings as at 30 June 2015 TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD AIA GROUP LTD TENCENT HLDG LTD CHINA MOBILE LTD SAMSUNG ELECTRONICS CO LTD TECHTRONIC IND CO LTD CHINA PACIFIC INSURANCE (GROUP) CO LTD H SHARES BAIDU INC ADR SWIRE PROPERTIES LTD CHINA LODGING GROUP LTD ADS Top 10 Holdings as at 30 June 2014 HYUNDAI MOTOR CO TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD SAMSUNG ELECTRONICS CO LTD JARDINE STRATEGIC HLDG LTD AIA GROUP LTD TECHTRONIC IND CO LTD CHINA LODGING GROUP LTD ADS HOLLYSYS AUTOMATION TECHNOLOGIES LTD TENCENT HLDG LTD BAIDU INC ADR Market Value SGD 33,553,262 28,199,357 22,376,533 16,022,920 14,054,414 13,439,919 13,432,572 12,182,578 12,066,661 11,886,673 Market Value SGD 21,991,702 20,663,670 16,856,976 14,966,382 12,501,457 9,812,984 8,967,976 8,585,165 8,574,666 7,429, % 5.36% 4.25% 3.04% 2.67% 2.55% 2.55% 2.31% 2.29% 2.26% 5.96% 5.60% 4.57% 4.05% 3.39% 2.66% 2.43% 2.33% 2.32% 2.01% Note: Market Values are based in SGD according to data source provided by Schroder Investment Management (Singapore) Ltd. Expense Ratio Turnover Ratio 30 June June % 1.39% 30 June June % 23.88% Other Material Information 196

203 Schroder Investment Management (Singapore) Ltd Schroder Global Emerging Market Opportunities Fund Investments in Collective Investment Schemes Schroder Global Emerging Market Opportunities Fund, an ILP subfund, feeds 100% into the underlying Singapore registered Schroder Global Emerging Market Opportunities Fund. Market Value SGD 42, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions SGD 29,441 (12,499) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Since Inception* Fund / Benchmark 3 Months 6 Months 1 Year 3 Years* 5 Years* 10 Years* (8 Oct 2010) Schroder Global Emerging 1.78% 1.20% 1.90% 5.70% NA NA 1.70% Market Opportunities Fund Benchmark: MSCI EM NR 1.16% 4.61% 2.47% 5.85% NA NA 0.47% USD * Annualised Performance **The Fund is not benchmark constrained, but for reference purposes presents its performance against the MSCI EM NR USD. 197

204 Underlying Fund: Schroder Global Emerging Market Opportunities Fund Top 10 Holdings as at 30 June 2015 HDFC BANK LTD BANK OF GEORGIA HLDG PLC CATCHER TECHNOLOGY CO LTD MARUTI SUZUKI INDIA LTD KOC HLDG AS AIA GROUP LTD EMAAR PROPERTIES PJSC TATA CONSULTANCY SERVICES LTD NAVER CORP HON HAI PRECISION IND CO LTD Top 10 Holdings as at 30 June 2014 BRILLIANCE CHINA AUTOMOTIVE HLDG LTD HON HAI PRECISION IND CO LTD SK TELECOM CO LTD SAMSUNG ELECTRONICS CO LTD TENCENT HLDG LTD BB SEGURIDADE PARTICIPACOES SA QUALICORP SA CNOOC LTD KASIKORNBANK PCL ITAU UNIBANCO HLDG SA 17,796,863 14,949,365 14,949,365 14,819,933 14,755,217 14,625,785 14,302,206 14,302,206 14,043,342 13,978,627 21,801,437 21,721,870 21,562,735 21,244,466 21,244,466 20,607,928 20,607,928 20,289,659 20,130,524 19,334, % 2.31% 2.31% 2.29% 2.28% 2.26% 2.21% 2.21% 2.17% 2.16% 2.74% 2.73% 2.71% 2.67% 2.67% 2.59% 2.59% 2.55% 2.53% 2.43% Note: The Top 10 Holdings in USD, are based on that of Schroder International Selection Fund (ISF) Global Emerging Market Opportunities, the underlying fund of SIOP Schroder Global Emerging Market Opportunities Fund. Expense Ratio SIOP Schroder Global Emerging Market Opportunities Fund Schroder ISF Global Emerging Market Opportunities C Acc Turnover Ratio SIOP Schroder Global Emerging Market Opportunities Fund Schroder ISF Global Emerging Market Opportunities C Acc Other Material Information For the 12 months ended 30 June % 1.36% For the 12 months ended 30 June % % For the 12 months ended 30 June % 1.37% For the 12 months ended 30 June % 61.36% 198

205 Schroder Investment Management (Singapore) Ltd Schroder International Selection Fund (ISF) Asian Bond Absolute Return Investments in Collective Investment Schemes Schroder International Selection Fund (ISF) Asian Bond Absolute Return, an ILP subfund, feeds 100% into the underlying Luxembourg registered Schroder International Selection Fund (ISF) Asian Bond Absolute Return (Class A Accumulation). 141, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions USD 25,946 (46,777) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year Since Inception* 3 Years* 5 Years* 10 Years* (16 Oct 1998) Schroder ISF Asian Bond Absolute Return 0.93% 0.78% 0.46% 1.16% 1.13% 2.42% 6.25% Benchmark: USD LIBOR 3 Months 0.07% 0.14% 0.26% 0.28% 1.80% 3.58% 4.39% * Annualised Performance 199

206 Top 10 Holdings as at 30 June 2015 KOREA TREASURY BOND 5.75% 10 SEP 2018 INDIA GOVERNMENT BOND 7.16% 20 MAY 2023 INDIA GOVERNMENT BOND 7.8% 11 APR 2021 US TREASURY BILL 3 SEP 2015 INDIA GOVERNMENT BOND SPB 8.28% 21 SEP 2027 SCHRODER CHINA FIXED INCOME FUND USD I ACC THAILAND GOVERNMENT BOND 1.25% 12 MAR 2028 SISF RMB FIXED INCOME USD I ACC PHILIPPINE GOVERNMENT BOND 7% 27 JAN 2016 MALAYSIA GOVERNMENT BOND 4.181% 15 JUL 2024 Underlying Fund: Schroder International Selection Fund (ISF) Asian Bond Absolute Return (Class A Accumulation) 52,797,282 38,910,497 36,573,117 31,004,654 28,461,035 27,223,599 25,917,416 23,786,276 19,317,756 18,149, % 5.66% 5.32% 4.51% 4.14% 3.96% 3.77% 3.46% 2.81% 2.64% Top 10 Holdings as at 30 June 2014 KOREA TREASURY BOND 5.75% 10 SEP 2018 SINGAPORE GOVERNMENT BOND 2.25% 1 JUN 2021 INDIA GOVERNMENT BOND 7.16% 20 MAY 2023 INDIA GOVERNMENT BOND 7.8% 11 APR 2021 INDIA GOVERNMENT BOND SPB 8.28% 21 SEP 2027 THAILAND GOVERNMENT BOND 1.25% 12 MAR 2028 SISF RMB FIXED INCOME USD I ACC PHILIPPINE GOVERNMENT BOND 7% 27 JAN 2016 THAILAND GOVERNMENT BOND 1.2% 14 JUL 2021 THAILAND GOVERNMENT BOND 3.625% 16 JUN ,111,476 77,842,358 39,129,314 37,131,221 28,805,835 26,890,996 22,894,811 20,813,465 17,649,818 12,987, % 9.35% 4.70% 4.46% 3.46% 3.23% 2.75% 2.50% 2.12% 1.56% Expense Ratio Turnover Ratio 30 June June % 1.69% 30 June June % 54.74% Other Material Information 200

207 Schroder Investment Management (Singapore) Ltd Schroder International Selection Fund (ISF) BRIC Investments in Collective Investment Schemes Schroder International Selection Fund (ISF) BRIC, an ILP subfund, feeds 100% into the underlying Luxembourg registered Schroder International Selection Fund (ISF) BRIC (Class A Accumulation). 1,390, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions USD 245,272 (527,847) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year Since Inception* 3 Years* 5 Years* 10 Years* (31 Oct 2005) Schroder ISF BRIC 1.81% 4.35% 2.70% 4.29% 0.98% NA 6.77% Benchmark: MSCI BRIC Net TR 4.57% 8.29% 0.48% 5.00% 1.42% NA 8.20% * Annualised Performance 201

208 Underlying Fund: Schroder International Selection Fund (ISF) BRIC (Class A Accumulation) Top 10 Holdings as at 30 June 2015 TENCENT HLDG LTD CHINA CONSTRUCTION BANK CORP CHINA PETROLEUM & CHEMICAL CORP CHINA MOBILE LTD CHINA LIFE INSURANCE CO LTD CHINA PACIFIC INSURANCE (GROUP) CO LTD HDFC BANK LTD INDUSTRIAL & COMMERCIAL BANK OF CHINA LTD YUM! BRANDS INC ITAU UNIBANCO HLDG SA Top 10 Holdings as at 30 June 2014 TENCENT HLDG LTD CHINA CONSTRUCTION BANK CORP CHINA PETROLEUM & CHEMICAL CORP ITAU UNIBANCO HLDG SA CNOOC LTD LUKOIL OAO HDFC BANK LTD AXIS BANK LTD CHINA PACIFIC INSURANCE (GROUP) CO LTD AMBEV SA 118,132, ,390,708 80,033,496 74,095,926 61,107,492 56,283,216 51,087,842 48,613,855 42,923,683 42,676, ,694, ,519,907 90,581,735 83,403,560 74,003,568 72,123,570 62,552,670 57,254,493 54,519,950 49,734, % 9.49% 6.47% 5.99% 4.94% 4.55% 4.13% 3.93% 3.47% 3.45% 7.53% 5.94% 5.30% 4.88% 4.33% 4.22% 3.66% 3.35% 3.19% 2.91% Expense Ratio Turnover Ratio 30 June June % 1.93% 30 June June % 36.06% Other Material Information 202

209 Schroder Investment Management (Singapore) Ltd Schroder International Selection Fund (ISF) Emerging Markets Investments in Collective Investment Schemes Schroder International Selection Fund (ISF) Emerging Markets, an ILP subfund, feeds 100% into the underlying Luxembourg registered Schroder International Selection Fund (ISF) Emerging Markets (Class A Accumulation). 2,633, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions USD 1,642,104 (958,532) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year Since Inception* 3 Years* 5 Years* 10 Years* (9 Mar 1994) Schroder ISF Emerging Markets 0.23% 1.83% 6.03% 2.95% 2.88% 7.06% 4.56% Benchmark: MSCI Emerging Markets Net TR 0.69% 2.95% 5.12% 3.71% 3.68% 8.11% 5.16% * Annualised Performance 203

210 Top 10 Holdings as at 30 June 2015 TENCENT HLDG LTD SAMSUNG ELECTRONICS CO LTD CHINA CONSTRUCTION BANK CORP TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD CHINA PETROLEUM & CHEMICAL CORP CHINA MOBILE LTD HON HAI PRECISION IND CO LTD AIA GROUP LTD HDFC BANK LTD CHINA PACIFIC INSURANCE (GROUP) CO LTD Underlying Fund: Schroder International Selection Fund (ISF) Emerging Markets (Class A Accumulation) 161,656, ,428, ,747, ,660,120 90,814,667 86,133,499 75,834,928 73,338,305 66,160,514 57,422, % 4.66% 4.51% 3.61% 2.91% 2.76% 2.43% 2.35% 2.12% 1.84% Top 10 Holdings as at 30 June 2014 SAMSUNG ELECTRONICS CO LTD TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD TENCENT HLDG LTD HYUNDAI MOTOR CO HON HAI PRECISION IND CO LTD CHINA PETROLEUM & CHEMICAL CORP CHINA CONSTRUCTION BANK CORP ITAU UNIBANCO HLDG SA LUKOIL OAO HDFC BANK LTD 169,417, ,376, ,646,582 95,871,816 91,275,222 89,633,582 83,723,675 78,470,425 62,054,018 53,517, % 3.91% 3.37% 2.92% 2.78% 2.73% 2.55% 2.39% 1.89% 1.63% Expense Ratio Turnover Ratio 30 June June % 1.95% 30 June June % 64.09% Other Material Information 204

211 Schroder Investment Management (Singapore) Ltd Schroder International Selection Fund (ISF) Middle East Investments in Collective Investment Schemes Schroder International Selection Fund (ISF) Middle East, an ILP subfund, feeds 100% into the underlying Luxembourg registered Schroder International Selection Fund (ISF) Middle East (Class A Accumulation). Market Value EUR 171, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions EUR 112,307 (131,795) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year Since Inception* 3 Years* 5 Years* 10 Years* (3 Sep 2007) Schroder ISF Middle East Benchmark: MSCI Arab Markets and Turkey with Saudi Arabia capped at 20% 0.72% 1.42% 6.12% 14.42% 19.83% 12.95% 5.10% 13.40% 12.09% 7.38% NA NA 5.39% 3.45% * Annualised Performance 205

212 Underlying Fund: Schroder International Selection Fund (ISF) Middle East (Class A Accumulation) Top 10 Holdings as at 30 June 2015 EMAAR PROPERTIES AKBANK UNION NATIONAL BANK NATIONAL BANK OF KUWAIT TURKIYE GARANTI BANKASI QATAR NATIONAL BANK TURKIYE IS BANKASI SAUDI BASIC INDUSTRIES TUPRAS TURKIYE PETROL RAFINERILERI COMMERCIAL INTERNATIONAL BANK EGYPT Top 10 Holdings as at 30 June 2014 TURKCELL ILETISIM HIZMETLERI AKBANK EMAAR PROPERTIES SAUDI INDUSTRIAL INVESTMENT GROUP GULF INTERNATIONAL SERVICES TURKIYE HALK BANKASI HACI OMER SABANCI HOLDING THE NATIONAL BANK OF KUWAIT TUPRAS TURKIYE PETROL RAFINERILERI KUWAIT INVESTMENT PROJECTS HOLDINGS 12,613,153 12,092,426 9,778,086 8,717,347 7,193,740 7,155,168 7,058,737 6,846,589 6,268,004 5,901,567 21,595,387 18,548,735 17,383,838 16,009,858 15,203,391 14,098,233 12,574,907 11,081,450 10,842,497 10,633, % 6.27% 5.07% 4.52% 3.73% 3.71% 3.66% 3.55% 3.25% 3.06% 7.23% 6.21% 5.82% 5.36% 5.09% 4.72% 4.21% 3.71% 3.63% 3.56% Note: Market Values are based in USD according to data source provided by Schroder Investment Management (Singapore) Ltd. Expense Ratio Turnover Ratio 30 June June % 2.10% 30 June June % 91.94% Other Material Information 206

213 Schroder Investment Management (Singapore) Ltd Schroder International Selection Fund (ISF) UK Equity Investments in Collective Investment Schemes Schroder International Selection Fund (ISF) UK Equity, an ILP subfund, feeds 100% into the underlying Luxembourg registered Schroder International Selection Fund (ISF) UK Equity (Class A Accumulation). Market Value GBP 283, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions GBP 125,570 (87,335) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year Since Inception* 3 Years* 5 Years* 10 Years* (13 Apr 1993) Schroder ISF UK Equity 0.22% 4.36% 7.06% 14.63% 12.90% 7.73% 7.65% Benchmark: FTSE All Share Total Return 1.58% 3.02% 2.60% 11.02% 10.74% 7.05% 7.90% * Annualised Performance 207

214 Underlying Fund: Schroder International Selection Fund (ISF) UK Equity (Class A Accumulation) Top 10 Holdings as at 30 June 2015 BP ASTRAZENECA HSBC HOLDINGS GLAXOSMITHKLINE AVIVA IMPERIAL TOBACCO GROUP CARNIVAL VODAFONE GROUP SAGE GROUP BARCLAYS Top 10 Holdings as at 30 June 2014 BP GLAXOSMITHKLINE ASTRAZENECA AVIVA HSBC HOLDINGS ROYAL DUTCH SHELL REED ELSEVIER VODAFONE GROUP SAGE GROUP 3I GROUP Market Value GBP 13,089,461 11,450,077 11,270,769 10,399,846 9,605,769 8,350,615 8,094,461 7,915,154 7,863,923 7,556,538 Market Value GBP 13,376,290 12,215,238 9,143,287 8,103,178 7,885,480 7,885,480 7,546,840 6,095,525 5,539,187 5,539, % 4.47% 4.40% 4.06% 3.75% 3.26% 3.16% 3.09% 3.07% 2.95% 5.53% 5.05% 3.78% 3.35% 3.26% 3.26% 3.12% 2.52% 2.29% 2.29% Expense Ratio Turnover Ratio 30 June June % 1.67% 30 June June % 43.43% Other Material Information 208

215 Schroder Investment Management (Singapore) Ltd Schroder Multi Asset Revolution Investments in Collective Investment Schemes Schroder Multi Asset Revolution, an ILP subfund, feeds 100% into the underlying Singapore registered Schroder MultiAsset Revolution (SGD). Market Value SGD 7, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions SGD 9,837 (2,942) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark** 3 Months 6 Months 1 Year Since Inception* 3 Years* 5 Years* 10 Years* (7 Jul 2006) Schroder Multi Asset Revolution Benchmark: SMART 1.50% 2.94% 6.83% 7.74% 5.75% NA 4.02% Composite Benchmark Index 1.89% 2.55% 7.45% 10.46% 8.06% NA 3.41% * Annualised Performance **The Fund is not benchmark constrained, but for reference purposes presents its performance against the SMARTComposite Benchmark Index. 209

216 Underlying Fund: Schroder MultiAsset Revolution (SGD) Top 10 Holdings as at 30 June 2015 SISF QEP GLOBAL CORE I ACCUMULATION SHARE CLASS SISF QEP GLOBAL QUALITY I ACCUMULATION SHARE CLASS SCHRODER SINGAPORE FIXED INCOME FUND CLASS I SISF US LARGE CAP I ACCUMULATION SHARE CLASS SISF ASIAN OPPORTUNITIES I ACCUMULATION SHARE CLASS SCHRODER ASIAN INVESTMENT GRADE CREDIT CLASS I SISF EUROPEAN LARGE CAP I ACCUMULATION SHARE CLASS SISF GLOBAL EQUITY ALPHA I ACCUMULATION SHARE CLASS SISF JAPANESE EQUITY I ACCUMULATION SHARE CLASS SISF GLOBAL BOND I ACCUMULATION SHARE CLASS Top 10 Holdings as at 30 June 2014 SISF QEP GLOBAL QUALITY I ACCUMULATION SHARE CLASS SISF GLOBAL EQUITY ALPHA I ACCUMULATION SHARE CLASS SISF GLOBAL BOND I ACCUMULATION SHARE CLASS SCHRODER ASIAN INVESTMENT GRADE CREDIT CLASS I SISF ASIAN OPPORTUNITIES I ACCUMULATION SHARE CLASS SISF GLOBAL PROPERTY SECURITIES I ACCUMULATION SHARE CLASS SCHRODER SINGAPORE TRUST CLASS I SISF EMERGING MARKETS DEBT ABSOLUTE RETURN I ACCUMULATION SHARE SCHRODER SINGAPORE FIXED INCOME FUND CLASS I SISF JAPANESE EQUITY I ACCUMULATION SHARE CLASS Market Value SGD 43,971,706 36,883,119 35,090,923 17,880,062 16,251,618 14,185,747 12,779,849 11,678,818 7,477,429 7,336,939 Market Value SGD 41,980,292 34,421,030 19,825,745 18,021,467 16,115,503 10,463,259 9,938,605 9,874,660 9,760,577 9,725, % 15.79% 15.02% 7.65% 6.96% 6.07% 5.47% 5.00% 3.20% 3.14% 20.69% 16.96% 9.77% 8.88% 7.94% 5.16% 4.90% 4.87% 4.81% 4.79% Expense Ratio Turnover Ratio 30 June June % 1.57% 30 June June % 43.13% Other Material Information 210

217 Templeton Asset Management Ltd Franklin Templeton Investment Funds (FTIF) Franklin Biotechnology Discovery Fund Investments in Collective Investment Schemes Franklin Templeton Investment Funds (FTIF) Franklin Biotechnology Discovery Fund, an ILP subfund, feeds 100% into the underlying Luxembourg registered Franklin Templeton Investment Funds (FTIF) Franklin Biotechnology Discovery Fund (Class A Accumulation). 1,166, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions USD 208,568 (383,959) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year Since Inception* 3 Years* 5 Years* 10 Years* (3 Apr 2000) FTIF Franklin Biotechnology Discovery 4.21% 18.92% 44.72% 38.42% 35.16% 17.34% 9.03% Fund Benchmark: Nasdaq Biotech Price Index 7.44% 21.63% 43.86% 41.97% 37.04% 18.80% 8.72% * Annualised Performance 211

218 Underlying Fund: Franklin Templeton Investment Funds (FTIF) Franklin Biotechnology Discovery Fund (Class A Accumulation) Top 10 Holdings as at 30 June 2015 GILEAD SCIENCES INC CELGENE CORP BIOGEN INC AMGEN INC INCYTE CORP REGENERON PHARMACEUTICALS INC BIOMARIN PHARMACEUTICAL INC HERON THERAPEUTICS INC ILLUMINA INC MEDIVATION INC 281,514, ,079, ,587, ,351, ,731, ,482, ,295,278 92,484,120 90,609,441 82,485, % 8.42% 7.06% 4.30% 3.48% 3.28% 3.21% 2.96% 2.90% 2.64% Top 10 Holdings as at 30 June 2014 GILEAD SCIENCES INC BIOGEN INC CELGENE CORP AMGEN INC MEDIVATION INC REGENERON PHARMACEUTICALS INC ILLUMINA INC INCYTE CORP ALEXION PHARMACEUTICALS INC VERTEX PHARMACEUTICALS INC 291,490, ,787, ,650, ,640, ,700, ,819, ,768,012 98,274,806 90,234,954 83,393, % 7.75% 7.43% 5.03% 4.81% 4.00% 3.31% 3.07% 2.82% 2.61% Expense Ratio Turnover Ratio 30 June June % 1.82% 30 June June % 17.04% Other Material Information 212

219 Templeton Asset Management Ltd Franklin Templeton Investment Funds (FTIF) Franklin European SmallMid Cap Growth Fund Investments in Collective Investment Schemes Franklin Templeton Investment Funds (FTIF) Franklin European SmallMid Cap Growth Fund, an ILP subfund, feeds 100% into the underlying Luxembourg registered Franklin Templeton Investment Funds (FTIF) Franklin European SmallMid Cap Growth Fund (Class A Accumulation). Market Value EUR 218, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions EUR 166,350 (51,584) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year Since Inception* 3 Years* 5 Years* 10 Years* (3 Dec 2001) FTIF Franklin European SmallMid Cap Growth 0.33% 22.38% 16.37% 25.75% 14.62% 11.80% 10.07% Fund Benchmark: MSCI Europe SmallMid Cap Index 0.29% 18.02% 19.64% 23.36% 15.83% 8.69% 8.63% * Annualised Performance 213

220 Underlying Fund: Franklin Templeton Investment Funds (FTIF) Franklin European SmallMid Cap Growth Fund (Class A Accumulation) Top 10 Holdings as at 30 June 2015 COUNTRYWIDE PLC MICHAEL PAGE INTERNATIONAL KENNEDY WILSON EUROPE REAL ESTATE PLC TNT EXPRESS NV GRAFTON GROUP PLC OPTIMAL PAYMENTS PLC DEUTSCHE BOERSE AG PRYSMIAN SPA ALENT PLC ISS A/S Market Value EUR 46,962,276 43,227,268 42,604,329 40,443,754 39,820,814 38,046,620 36,723,640 35,614,440 35,356,853 33,903, % 4.93% 4.86% 4.62% 4.55% 4.34% 4.19% 4.06% 4.04% 3.87% Top 10 Holdings as at 30 June 2014 GRAFTON GROUP PLC GREEN REIT PLC TNT EXPRESS NV DEUTSCHE BOERSE AG MICHAEL PAGE INTERNATIONAL LAR ESPANA REAL ESTATE SOCIMI SA ALENT PLC EULER HERMES GROUP OPTIMAL PAYMENTS PLC DIRECT LINE INSURANCE GROUP PLC Market Value EUR 47,186,610 44,078,753 39,902,995 39,664,277 37,742,777 36,995,879 36,618,813 36,572,697 36,513,017 36,350, % 4.87% 4.41% 4.39% 4.17% 4.09% 4.05% 4.04% 4.04% 4.02% Expense Ratio Turnover Ratio 30 June June % 1.83% 30 June June % 29.53% Other Material Information 214

221 Templeton Asset Management Ltd Franklin Templeton Investment Funds (FTIF) Franklin Global Real Estate Fund Investments in Collective Investment Schemes Franklin Templeton Investment Funds (FTIF) Franklin Global Real Estate Fund, an ILP subfund, feeds 100% into the underlying Luxembourg registered Franklin Templeton Investment Funds (FTIF) Franklin Global Real Estate Fund (Class A Accumulation). Market Value EUR 142, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions EUR 48,664 (15,762) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year Since Inception* 3 Years* 5 Years* 10 Years* (20 Aug 2010) FTIF Franklin Global Real Estate Fund Benchmark: FTSE 7.61% 3.42% 0.67% 7.14% NA NA 8.22% Epra/Nareit Developed Index 10.26% 5.12% 22.43% 13.51% NA NA 13.26% * Annualised Performance 215

222 Top 10 Holdings as at 30 June 2015 SIMON PROPERTY GROUP INC MITSUI FUDOSAN CO LTD UNIBAILRODAMCO SE EQUITY RESIDENTIAL MITSUBISHI ESTATE CO LTD HONG KONG LAND HOLDINGS LTD BOSTON PROPERTIES INC PROLOGIS INC VORNADO REALTY TRUST HEALTH CARE REIT INC Underlying Fund: Franklin Templeton Investment Funds (FTIF) Franklin Global Real Estate Fund (Class A Accumulation) Market Value EUR 20,194,107 15,037,699 12,956,275 11,238,595 10,768,759 8,556,825 8,388,425 8,205,290 7,958,584 7,813, % 3.57% 3.08% 2.67% 2.56% 2.03% 1.99% 1.95% 1.89% 1.86% Top 10 Holdings as at 30 June 2014 SIMON PROPERTY GROUP INC MITSUI FUDOSAN CO LTD UNIBAILRODAMCO SE MITSUBISHI ESTATE CO LTD VORNADO REALTY TRUST PROLOGIS INC PUBLIC STORAGE HOST HOTELS & RESORTS INC VENTAS INC EQUITY RESIDENTIAL Market Value EUR 16,587,301 15,636,131 11,297,698 9,948,929 7,086,790 6,836,533 6,511,805 6,373,732 6,342,410 6,101, % 4.89% 3.53% 3.11% 2.22% 2.14% 2.04% 1.99% 1.98% 1.91% Expense Ratio Turnover Ratio 30 June June % 1.85% 30 June June % 18.47% Other Material Information 216

223 Templeton Asset Management Ltd Franklin Templeton Investment Funds (FTIF) Franklin Mutual Beacon Fund Investments in Collective Investment Schemes Franklin Templeton Investment Funds (FTIF) Franklin Mutual Beacon Fund, an ILP subfund, feeds 100% into the underlying Luxembourg registered Franklin Templeton Investment Funds (FTIF) Franklin Mutual Beacon Fund (Class A Accumulation). 126, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions USD 107,749 (139,798) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year Since Inception* 3 Years* 5 Years* 10 Years* (7 Jul 1997) FTIF Franklin Mutual Beacon Fund 0.43% 1.81% 1.38% 14.17% 12.32% 5.06% 6.40% Benchmark: S&P 500 Total Return 0.28% 1.23% 7.42% 17.32% 17.35% 7.90% 6.59% * Annualised Performance 217

224 Top 10 Holdings as at 30 June 2015 MERCK & CO INC MICROSOFT CORP WHITE MOUNTAINS INSURANCE GROUP LTD MEDTRONIC PLC ELI LILLY & CO PNC FINANCIAL SERVICES GROUP INC TIME WARNER CABLE INC AMERICAN INTERNATIONAL GROUP INC APPLE INC TEVA PHARMACEUTICAL INDUSTRIES LTD Underlying Fund: Franklin Templeton Investment Funds (FTIF) Franklin Mutual Beacon Fund (Class A Accumulation) 26,476,992 26,418,654 25,988,289 25,169,640 21,842,443 20,163,064 19,364,499 19,279,382 18,318,234 17,402, % 2.76% 2.72% 2.63% 2.28% 2.11% 2.02% 2.02% 1.92% 1.82% Top 10 Holdings as at 30 June 2014 MICROSOFT CORP MEDTRONIC INC MERCK & CO INC APPLE INC PNC FINANCIAL SERVICES GROUP INC TWENTYFIRST CENTURY FOX INC APACHE CORP WHITE MOUNTAINS INSURANCE GROUP LTD AMERICAN INTERNATIONAL GROUP INC CIGNA CORP 38,557,109 36,797,658 36,510,067 33,130,284 25,986,095 25,074,221 24,611,269 24,150,655 23,773,045 23,701, % 3.15% 3.12% 2.83% 2.22% 2.14% 2.11% 2.07% 2.03% 2.03% Expense Ratio Turnover Ratio 30 June June % 1.82% 30 June June % 17.49% Other Material Information 218

225 Templeton Asset Management Ltd Franklin Templeton Investment Funds (FTIF) Franklin Mutual Global Discovery Fund Investments in Collective Investment Schemes Franklin Templeton Investment Funds (FTIF) Franklin Mutual Global Discovery Fund, an ILP subfund, feeds 100% into the underlying Luxembourg registered Franklin Templeton Investment Funds (FTIF) Franklin Mutual Global Discovery Fund (Class A Accumulation). 2, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions USD 3,039 (996) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year Since Inception* 3 Years* 5 Years* 10 Years* (25 Oct 2005) FTIF Franklin Mutual Global Discovery Fund 1.24% 2.81% 4.06% 11.70% 10.03% NA 6.24% Benchmark: MSCI World Index 0.49% 2.95% 1.97% 14.91% 13.72% NA 6.80% * Annualised Performance 219

226 Underlying Fund: Franklin Templeton Investment Funds (FTIF) Franklin Mutual Global Discovery Fund (Class A Accumulation) Top 10 Holdings as at 30 June 2015 MERCK & CO INC KONINKLIJKE KPN NV MICROSOFT CORP APPLE INC ELI LILLY & CO VODAFONE GROUP PLC RSA INSURANCE GROUP PLC ROYAL DUTCH SHELL BARCLAYS PLC TEVA PHARMACEUTICAL INDUSTRIES LTD 30,755,208 27,066,121 26,125,657 23,968,770 23,673,588 23,033,799 21,406,866 21,041,664 20,440,317 20,131, % 1.97% 1.90% 1.75% 1.72% 1.68% 1.56% 1.53% 1.49% 1.47% Top 10 Holdings as at 30 June 2014 MERCK & CO INC RSA INSURANCE GROUP PLC APPLE INC ROYAL DUTCH SHELL DIRECT LINE INSURANCE GROUP PLC APACHE CORP MEDTRONIC INC TEVA PHARMACEUTICAL INDUSTRIES LTD VODAFONE GROUP PLC ACCOR SA 49,584,480 45,259,836 44,294,721 38,935,334 34,057,538 31,879,743 31,425,230 31,347,866 29,843,138 29,688, % 2.34% 2.29% 2.01% 1.76% 1.65% 1.62% 1.62% 1.54% 1.54% Expense Ratio 30 June June % 1.83% Turnover Ratio Other Material Information For the 12 months ended 30 June % For the 12 months ended 30 June % 220

227 Templeton Asset Management Ltd Franklin Templeton Investment Funds (FTIF) Franklin Strategic Income Fund Investments in Collective Investment Schemes Franklin Templeton Investment Funds (FTIF) Franklin Strategic Income Fund, an ILP subfund, feeds 100% into the underlying Luxembourg registered Franklin Templeton Investment Funds (FTIF) Franklin Strategic Income Fund (Class A Accumulation). 545, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions USD 402,288 (335,982) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year Since Inception* 3 Years* 5 Years* 10 Years* (12 Jul 2007) FTIF Franklin Strategic Income Fund 0.75% 0.34% 2.72% 3.08% 4.58% NA 4.88% Benchmark: Barclays Capital U.S. Aggregate Index 1.68% 0.10% 1.85% 1.83% 3.35% NA 4.88% * Annualised Performance 221

228 Top 10 Holdings as at 30 June 2015 ISHARES $ HIGH YIELD CORPORATE BOND UCITS ETF GOVERNMENT OF SINGAPORE, SENIOR NOTE, 1.125%, 4/01/16 GOVERNMENT OF MALAYSIA, SENIOR NOTE, 3.172%, 7/15/16 GOVERNMENT OF MEXICO, 6.25%, 6/16/16 FNMA, 3.50%, 7/01/45 KOREA TREASURY BOND, SENIOR NOTE, 3.00%, 12/10/16 KOREA TREASURY BOND, SENIOR NOTE, 2.75%, 12/10/15 GOVERNMENT OF MEXICO, 8.00%, 12/17/15 GOVERNMENT OF URUGUAY, SENIOR BOND, INDEX LINKED, 4.375%, 12/15/28 GOVERNMENT OF MEXICO, 7.25%, 12/15/16 Underlying Fund: Franklin Templeton Investment Funds (FTIF) Franklin Strategic Income Fund (Class A Accumulation) 31,602,558 25,020,334 21,254,236 17,401,777 16,004,979 15,710,224 15,208,954 14,166,988 14,120,052 14,071, % 1.33% 1.13% 0.93% 0.85% 0.84% 0.81% 0.75% 0.75% 0.75% Top 10 Holdings as at 30 June 2014 GOVERNMENT OF SINGAPORE, SENIOR NOTE, 1.125%, 4/01/16 ISHARES $ HIGH YIELD CORPORATE BOND UCITS ETF FNMA, 4.00%, 2/01/41 GOVERNMENT OF URUGUAY, SENIOR BOND, INDEX LINKED, 4.375%, 12/15/28 GOVERNMENT OF POLAND, 4.75%, 10/25/16 GOVERNMENT OF MALAYSIA, SENIOR NOTE, 3.172%, 7/15/16 U.S. TREASURY NOTE, 2.00%, 5/31/14 GOVERNMENT OF MEXICO, 8.00%, 12/17/15 KOREA MONETARY STABILIZATION BOND, SENIOR BOND, 2.47%, 4/02/15 UNIVERSITY OF CALIFORNIA REVENUES, GENERAL, SERIES AK, 5.00%, 5/15/48 19,133,802 15,362,775 14,585,198 14,358,966 13,552,922 13,068,996 12,084,664 10,881,591 10,150,459 9,993, % 1.03% 0.97% 0.96% 0.90% 0.87% 0.81% 0.73% 0.68% 0.67% Expense Ratio Turnover Ratio 30 June June % 1.35% 30 June June % 28.45% Other Material Information 222

229 Templeton Asset Management Ltd Franklin Templeton Investment Funds (FTIF) Templeton Asian Growth Fund Investments in Collective Investment Schemes Franklin Templeton Investment Funds (FTIF) Templeton Asian Growth Fund, an ILP subfund, feeds 100% into the underlying Luxembourg registered Franklin Templeton Investment Funds (FTIF) Templeton Asian Growth Fund (Class A Accumulation). 2,601, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions USD 848,229 (1,147,742) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year Since Inception* 3 Years* 5 Years* 10 Years* (14 May 2001) FTIF Templeton Asian Growth Fund Benchmark: MSCI All 5.65% 3.81% 7.62% 2.58% 3.96% 9.78% 12.52% Country Asia ex Japan Index 0.65% 5.59% 4.14% 9.88% 7.74% 9.68% 10.84% * Annualised Performance 223

230 Top 10 Holdings as at 30 June 2015 BRILLIANCE CHINA AUTOMOTIVE HOLDINGS LTD SIAM COMMERCIAL BANK PCL ASTRA INTERNATIONAL TBK PT KASIKORNBANK PCL OIL & GAS DEVELOPMENT CO LTD PTT PCL SIAM CEMENT PUBLIC CO LTD (THE) ALUMINUM CORP OF CHINA LTD RELIANCE INDUSTRIES LTD OIL & NATURAL GAS CORP LTD Underlying Fund: Franklin Templeton Investment Funds (FTIF) Templeton Asian Growth Fund (Class A Accumulation) 768,700, ,905, ,540, ,723, ,215, ,048, ,676, ,330, ,149, ,426, % 7.22% 6.14% 5.87% 5.73% 5.24% 4.54% 3.93% 3.58% 3.47% Top 10 Holdings as at 30 June 2014 BRILLIANCE CHINA AUTOMOTIVE HOLDINGS LTD OIL & GAS DEVELOPMENT CO LTD SIAM COMMERCIAL BANK PCL TATA CONSULTANCY SERVICES LTD ASTRA INTERNATIONAL TBK PT KASIKORNBANK PCL PTT PCL OIL & NATURAL GAS CORP LTD SIAM CEMENT PUBLIC CO LTD (THE) GUANGZHOU AUTOMOBILE GROUP CO LTD 929,397, ,224, ,366, ,453, ,606, ,797, ,517, ,892, ,540, ,171, % 6.80% 6.70% 6.69% 5.82% 5.38% 4.00% 3.98% 3.55% 3.16% Expense Ratio 30 June June % 2.22% Turnover Ratio Other Material Information For the 12 months ended 30 June % For the 12 months ended 30 June % 224

231 Templeton Asset Management Ltd Franklin Templeton Investment Funds (FTIF) Templeton European Fund Investments in Collective Investment Schemes Franklin Templeton Investment Funds (FTIF) Templeton European Fund, an ILP subfund, feeds 100% into the underlying Luxembourg registered Franklin Templeton Investment Funds (FTIF) Templeton European Fund (Class A Accumulation). Market Value EUR 149, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions EUR 75,255 (25,244) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year Since Inception* 3 Years* 5 Years* 10 Years* (3 Dec 2001) FTIF Templeton European Fund 1.20% 16.12% 8.67% 18.45% 11.64% 3.87% 3.50% Benchmark: MSCI Europe Index 2.95% 13.25% 14.08% 18.01% 12.79% 6.53% 5.18% * Annualised Performance 225

232 Top 10 Holdings as at 30 June 2015 BNP PARIBAS SA H LUNDBECK A/S CREDIT AGRICOLE SA TELEFONICA SA AEGON NV UNICREDIT SPA GALP ENERGIA SGPS SA TOTAL SA UCB SA CIE DE SAINTGOBAIN Underlying Fund: Franklin Templeton Investment Funds (FTIF) Templeton European Fund (Class A Accumulation) Market Value EUR 8,604,514 7,184,662 6,425,999 6,419,964 6,330,940 5,944,366 5,902,721 5,816,715 5,685,745 5,661, % 2.38% 2.13% 2.13% 2.10% 1.97% 1.96% 1.93% 1.88% 1.88% Top 10 Holdings as at 30 June 2014 ENI SPA TOTAL SA UNICREDIT SPA TELEFONICA SA BNP PARIBAS SA ROCHE HOLDING AG SANOFI CREDIT AGRICOLE SA NOVARTIS AG H LUNDBECK AS Market Value EUR 11,342,539 11,120,949 10,916,924 10,533,194 10,508,423 9,342,822 9,119,430 8,604,638 8,601,936 8,185, % 2.47% 2.42% 2.34% 2.33% 2.07% 2.02% 1.91% 1.91% 1.82% Expense Ratio Turnover Ratio 30 June June % 1.83% 30 June June % 10.15% Other Material Information 226

233 Templeton Asset Management Ltd Franklin Templeton Investment Funds (FTIF) Templeton Global Fund Investments in Collective Investment Schemes Franklin Templeton Investment Funds (FTIF) Templeton Global Fund, an ILP subfund, feeds 100% into the underlying Luxembourg registered Franklin Templeton Investment Funds (FTIF) Templeton Global Fund (Class A Accumulation). 2,328, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions USD 845,894 (1,145,906) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year Since Inception* 3 Years* 5 Years* 10 Years* (14 May 2001) FTIF Templeton Global Fund 1.08% 3.96% 3.84% 17.10% 11.99% 4.80% 5.09% Benchmark: MSCI All Country World Index 0.52% 2.97% 1.23% 13.62% 12.52% 6.97% 5.87% * Annualised Performance 227

234 Top 10 Holdings as at 30 June 2015 AMGEN INC GILEAD SCIENCES INC MICROSOFT CORP TEVA PHARMACEUTICAL INDUSTIRES LTD SAMSUNG ELECTRONICS CO LTD NISSAN MOTOR CO LTD ALLERGAN PLC BNP PARIBAS SA TOTAL SA HSBC HOLDINGS PLC Underlying Fund: Franklin Templeton Investment Funds (FTIF) Templeton Global Fund (Class A Accumulation) 38,423,484 32,719,998 32,419,814 32,419,814 30,318,530 27,616,879 27,016,512 25,065,319 24,615,044 24,164, % 2.18% 2.16% 2.16% 2.02% 1.84% 1.80% 1.67% 1.64% 1.61% Top 10 Holdings as at 30 June 2014 MICROSOFT CORP TOTAL SA SAMSUNG ELECTRONICS CO LTD AMGEN INC ACTAVIS PLC TEVA PHARMACEUTICAL INDUSTRIES LTD NISSAN MOTOR CO LTD UNICREDIT SPA BNP PARIBAS SA HEWLETTPACKARD CO 39,970,425 36,678,157 35,037,559 29,575,051 29,353,598 28,794,429 28,726,148 28,360,751 28,226,033 27,628, % 1.99% 1.90% 1.60% 1.59% 1.56% 1.56% 1.54% 1.53% 1.50% Expense Ratio Turnover Ratio 30 June June % 1.83% 30 June June % 10.66% Other Material Information 228

235 Templeton Asset Management Ltd Franklin Templeton Investment Funds (FTIF) Templeton Global Bond Fund Investments in Collective Investment Schemes Franklin Templeton Investment Funds (FTIF) Templeton Global Bond Fund, an ILP subfund, feeds 100% into the underlying Luxembourg registered Franklin Templeton Investment Funds (FTIF) Templeton Global Bond Fund (Class A Mdis). Market Value SGD 12, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions SGD 8,129 (2,212) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year Since Inception* 3 Years* 5 Years* 10 Years* (25 Oct 2007) FTIF Templeton Global Bond Fund Benchmark: JP Morgan 2.33% 1.28% 5.70% 5.90% 3.70% NA 5.55% Global Government Bond Index 3.48% 1.87% 0.05% 0.15% 0.61% NA 1.90% * Annualised Performance 229

236 Top 10 Holdings as at 30 June 2015 GOVERNMENT OF MEXICO, 8.00%, 12/17/15 GOVERNMENT OF HUNGARY, SENIOR NOTE, 6.375%, 3/29/21 GOVERNMENT OF POLAND, STRIP, 1/25/16 GOVERNMENT OF MALAYSIA, 3.835%, 8/12/15 GOVERNMENT OF IRELAND, SENIOR BOND, 5.40%, 3/13/25 KOREA MONETARY STABILIZATION BOND, SENIOR NOTE, 2.46%, 8/02/16 NOTA DO TESOURO NACIONAL, %, 1/01/17 GOVERNMENT OF MALAYSIA, 4.72%, 9/30/15 GOVERNMENT OF MALAYSIA, 3.197%, 10/15/15 KOREA TREASURY BOND, SENIOR NOTE, 2.75%, 12/10/15 Underlying Fund: Franklin Templeton Investment Funds (FTIF) Templeton Global Bond Fund (Class A Mdis) Market Value SGD 1,088,340,304 1,049,160,053 1,018,686, ,732, ,905, ,665, ,951, ,477, ,064, ,944, % 2.41% 2.34% 2.03% 1.95% 1.83% 1.64% 1.57% 1.53% 1.47% Top 10 Holdings as at 30 June 2014 GOVERNMENT OF IRELAND, 5.00%, 10/18/20 GOVERNMENT OF POLAND, STRIP, 1/25/16 GOVERNMENT OF SWEDEN, 4.50%, 8/12/15 GOVERNMENT OF IRELAND, SENIOR BOND, 5.40%, 3/13/25 GOVERNMENT OF MEXICO, 8.00%, 12/17/15 KOREA MONETARY STABILIZATION BOND, SENIOR NOTE, 2.76%, 6/02/15 GOVERNMENT OF HUNGARY, SENIOR NOTE, 6.375%, 3/29/21 KOREA MONETARY STABILIZATION BOND, SENIOR NOTE, 2.78%, 10/02/14 GOVERNMENT OF CANADA, 1.00%, 2/01/15 GOVERNMENT OF MALAYSIA, 4.72%, 9/30/15 Market Value SGD 1,499,772, ,008, ,278, ,771, ,520, ,352, ,689, ,864, ,085, ,346, % 2.40% 2.30% 2.28% 2.22% 2.16% 2.06% 1.77% 1.77% 1.52% Expense Ratio Turnover Ratio 30 June June % 1.40% 30 June June % 22.36% Other Material Information 230

237 Templeton Asset Management Ltd Franklin Templeton Investment Funds (FTIF) Templeton Global Income Fund Investments in Collective Investment Schemes Franklin Templeton Investment Funds (FTIF) Templeton Global Income Fund, an ILP subfund, feeds 100% into the underlying Luxembourg registered Franklin Templeton Investment Funds (FTIF) Templeton Global Income Fund (Class A Accumulation). 1,260, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions USD 427,683 (319,700) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year Since Inception* 3 Years* 5 Years* 10 Years* (27 May 2005) FTIF Templeton Global Income Fund 0.11% 2.70% 3.10% 9.79% 8.27% 6.65% 6.60% Benchmark: Custom 50% MSCI All Country World + 50% Barclays Capital Multiverse Index 0.23% 0.07% 2.94% 6.39% 7.47% 5.62% 5.56% * Annualised Performance 231

238 Top 10 Holdings as at 30 June 2015 GOVERNMENT OF MEXICO, 8.00%, 12/17/15 SAMSUNG ELECTRONICS CO. LTD COMCAST CORP., SPECIAL A BP PLC QUANTA COMPUTER INC GOVERNMENT OF MEXICO, 7.25%, 12/15/16 SKY PLC GOVERNMENT OF SERBIA, REG S, 7.25%, 9/28/21 SWISS RE AG BNP PARIBAS SA Underlying Fund: Franklin Templeton Investment Funds (FTIF) Templeton Global Income Fund (Class A Accumulation) 32,880,093 29,790,688 28,025,314 26,259,940 25,156,581 23,832,551 23,611,879 23,391,207 23,170,535 23,170, % 1.35% 1.27% 1.19% 1.14% 1.08% 1.07% 1.06% 1.05% 1.05% Top 10 Holdings as at 30 June 2014 GOVERNMENT OF MEXICO, 8.00%, 12/17/15 KOREA MONETARY STABILIZATION BOND, SENIOR NOTE, 2.76%, 6/02/15 GOVERNMENT OF MEXICO, 7.25%, 12/15/16 COMCAST CORP., SPECIAL A SAMSUNG ELECTRONICS CO. LTD. GOVERNMENT OF MALAYSIA, SENIOR NOTE, 3.172%, 7/15/16 LETRA TESOURO NACIONAL, STRIP, 1/01/16 TOTAL SA, B GOVERNMENT OF SRI LANKA, SENIOR NOTE, REG S, 6.25%, 7/27/21 TEVA PHARMACEUTICAL INDUSTRIES LTD., ADR 38,995,950 36,362,680 23,835,021 22,398,854 21,676,310 19,731,687 19,485,487 18,652,331 18,031,479 17,144, % 2.04% 1.34% 1.26% 1.22% 1.11% 1.09% 1.05% 1.01% 0.96% Expense Ratio 30 June June % 1.69% Turnover Ratio Other Material Information For the 12 months ended 30 June % For the 12 months ended 30 June % 232

239 Templeton Asset Management Ltd Franklin Templeton Investment Funds (FTIF) Templeton Global Total Return Fund (EUR) Investments in Collective Investment Schemes Franklin Templeton Investment Funds (FTIF) Templeton Global Total Return Fund (EUR), an ILP subfund, feeds 100% into the underlying Luxembourg registered Franklin Templeton Investment Funds (FTIF) Templeton Global Total Return Fund (EURH1) (Class A Accumulation). Market Value EUR 339, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions EUR 334,959 (301,418) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Since Inception* Fund / Benchmark 3 Months 6 Months 1 Year 3 Years* 5 Years* 10 Years* (10 Apr 2007) FTIF Templeton Global 0.86% 0.76% 2.93% 4.53% 5.71% NA 7.97% Total Return Fund (EUR) Benchmark: Barclays 4.61% 5.45% 14.16% 3.86% 4.25% NA 5.99% Capital Multiverse Index * Annualised Performance 233

240 Underlying Fund: Franklin Templeton Investment Funds (FTIF) Templeton Global Total Return Fund (EURH1) (Class A Accumulation) Top 10 Holdings as at 30 June 2015 KOREA TREASURY BOND, SENIOR NOTE, 2.75%, 12/10/15 GOVERNMENT OF PORTUGAL, REG S, 5.125%, 10/15/24 GOVERNMENT OF MEXICO, 8.00%, 12/17/15 GOVERNMENT OF URUGUAY, SENIOR BOND, INDEX LINKED, 4.375%, 12/15/28 GOVERNMENT OF IRELAND, SENIOR BOND, 5.40%, 3/13/25 KOREA MONETARY STABILIZATION BOND, SENIOR NOTE, 2.07%, 12/02/16 KOREA TREASURY BOND, SENIOR NOTE, 3.00%, 12/10/16 KOREA MONETARY STABILIZATION BOND, SENIOR NOTE, 1.74%, 5/09/16 GOVERNMENT OF MALAYSIA, 3.835%, 8/12/15 GOVERNMENT OF THE PHILIPPINES, SENIOR NOTE, 1.625%, 4/25/16 747,760, ,591, ,927, ,770, ,128, ,094, ,891, ,699, ,104, ,508, % 2.40% 2.21% 2.18% 1.74% 1.67% 1.25% 1.15% 1.10% 1.05% Top 10 Holdings as at 30 June 2014 KOREA TREASURY BOND, SENIOR NOTE, 2.75%, 12/10/15 GOVERNMENT OF URUGUAY, SENIOR BOND, INDEX LINKED, 4.375%, 12/15/28 KOREA MONETARY STABILIZATION BOND, SENIOR BOND, 2.47%, 4/02/15 GOVERNMENT OF MEXICO, 8.00%, 12/17/15 GOVERNMENT OF IRELAND, SENIOR BOND, 5.40%, 3/13/25 KOREA MONETARY STABILIZATION BOND, SENIOR NOTE, 2.74%, 2/02/15 GOVERNMENT OF SWEDEN, 4.50%, 8/12/15 KOREA MONETARY STABILIZATION BOND, SENIOR NOTE, 2.76%, 6/02/15 GOVERNMENT OF IRELAND, 5.00%, 10/18/20 GOVERNMENT OF MEXICO, 9.50%, 12/18/14 685,015, ,271, ,561, ,346, ,650, ,605, ,792, ,271, ,050, ,011, % 2.35% 2.21% 2.13% 2.10% 2.04% 1.98% 1.77% 1.57% 1.28% Expense Ratio Turnover Ratio 30 June June % 1.40% 30 June June % 23.88% Other Material Information 234

241 Templeton Asset Management Ltd Franklin Templeton Investment Funds (FTIF) Templeton Global Total Return Fund (USD) Investments in Collective Investment Schemes Franklin Templeton Investment Funds (FTIF) Templeton Global Total Return Fund (USD), an ILP subfund, feeds 100% into the underlying Luxembourg registered Franklin Templeton Investment Funds (FTIF) Templeton Global Total Return Fund (USD) (Class A Accumulation). 5,908, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions USD 3,287,796 (2,024,775) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year Since Inception* 3 Years* 5 Years* 10 Years* (29 Aug 2003) FTIF Templeton Global Total Return Fund (USD) 0.72% 0.85% 3.33% 4.73% 6.00% 8.97% 9.43% Benchmark: Barclays Capital Multiverse Index 1.03% 2.90% 7.10% 0.55% 2.29% 3.69% 4.43% * Annualised Performance 235

242 Underlying Fund: Franklin Templeton Investment Funds (FTIF) Templeton Global Total Return Fund (USD) (Class A Accumulation) Top 10 Holdings as at 30 June 2015 KOREA TREASURY BOND, SENIOR NOTE, 2.75%, 12/10/15 GOVERNMENT OF PORTUGAL, REG S, 5.125%, 10/15/24 GOVERNMENT OF MEXICO, 8.00%, 12/17/15 GOVERNMENT OF URUGUAY, SENIOR BOND, INDEX LINKED, 4.375%, 12/15/28 GOVERNMENT OF IRELAND, SENIOR BOND, 5.40%, 3/13/25 KOREA MONETARY STABILIZATION BOND, SENIOR NOTE, 2.07%, 12/02/16 KOREA TREASURY BOND, SENIOR NOTE, 3.00%, 12/10/16 KOREA MONETARY STABILIZATION BOND, SENIOR NOTE, 1.74%, 5/09/16 GOVERNMENT OF MALAYSIA, 3.835%, 8/12/15 GOVERNMENT OF THE PHILIPPINES, SENIOR NOTE, 1.625%, 4/25/16 846,687, ,927, ,429, ,192, ,722, ,170, ,858, ,069, ,675, ,280, % 2.40% 2.21% 2.18% 1.74% 1.67% 1.25% 1.15% 1.10% 1.05% Top 10 Holdings as at 30 June 2014 KOREA TREASURY BOND, SENIOR NOTE, 2.75%, 12/10/15 GOVERNMENT OF URUGUAY, SENIOR BOND, INDEX LINKED, 4.375%, 12/15/28 KOREA MONETARY STABILIZATION BOND, SENIOR BOND, 2.47%, 4/02/15 GOVERNMENT OF MEXICO, 8.00%, 12/17/15 GOVERNMENT OF IRELAND, SENIOR BOND, 5.40%, 3/13/25 KOREA MONETARY STABILIZATION BOND, SENIOR NOTE, 2.74%, 2/02/15 GOVERNMENT OF SWEDEN, 4.50%, 8/12/15 KOREA MONETARY STABILIZATION BOND, SENIOR NOTE, 2.76%, 6/02/15 GOVERNMENT OF IRELAND, 5.00%, 10/18/20 GOVERNMENT OF MEXICO, 9.50%, 12/18/14 937,863, ,054, ,900, ,117, ,950, ,350, ,070, ,424, ,929, ,561, % 2.35% 2.21% 2.13% 2.10% 2.04% 1.98% 1.77% 1.57% 1.28% Expense Ratio Turnover Ratio 30 June June % 1.41% 30 June June % 23.88% Other Material Information 236

243 Templeton Asset Management Ltd Franklin Templeton Investment Funds (FTIF) Templeton Latin America Fund Investments in Collective Investment Schemes Franklin Templeton Investment Funds (FTIF) Templeton Latin America Fund, an ILP subfund, feeds 100% into the underlying Luxembourg registered Franklin Templeton Investment Funds (FTIF) Templeton Latin America Fund (Class A Accumulation). 647, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions USD 194,921 (334,949) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year Since Inception* 3 Years* 5 Years* 10 Years* (14 May 2001) FTIF Templeton Latin America Fund 0.04% 8.66% 27.14% 11.36% 7.12% 5.97% 9.78% Benchmark: MSCI Latin America Index 3.61% 6.22% 23.19% 7.84% 4.14% 7.71% 10.87% * Annualised Performance 237

244 Top 10 Holdings as at 30 June 2015 ITAUSA INVESTIMENTOS ITAU SA ITAU UNIBANCO HOLDING SA WALMART DE MEXICO SAB DE CV BANCO BRADESCO SA AMBEV SA LOJAS AMERICANAS SA BM&F BOVESPA SA CIA CERVECERIAS UNIDAS SA TERNIUM SA TENARIS SA Underlying Fund: Franklin Templeton Investment Funds (FTIF) Templeton Latin America Fund (Class A Accumulation) 111,487,308 79,936,517 76,640,166 68,634,742 61,335,678 53,801,161 50,857,990 49,092,088 42,970,293 41,086, % 6.79% 6.51% 5.83% 5.21% 4.57% 4.32% 4.17% 3.65% 3.49% Top 10 Holdings as at 30 June 2014 ITAUSA INVESTIMENTOS ITAU SA AMBEV SA ITAU UNIBANCO HOLDING SA BRADESPAR SA TENARIS SA CIA CERVECERIAS UNIDAS SA WALMART DE MEXICO SAB DE CV CREDICORP LTD TERNIUM SA LOJAS AMERICANAS SA 178,014, ,176, ,091,520 96,258,195 85,852,964 84,058,637 78,356,040 72,888,948 69,500,286 65,988, % 7.34% 5.62% 5.15% 4.59% 4.50% 4.19% 3.90% 3.72% 3.53% Expense Ratio Turnover Ratio 30 June June % 2.28% 30 June June % 19.80% Other Material Information 238

245 Threadneedle Investments Threadneedle Investment Funds (TIF) Threadneedle American Fund Investments in Collective Investment Schemes Threadneedle Investment Funds (TIF) Threadneedle American Fund, an ILP subfund, feeds 100% into the underlying UK registered Threadneedle Investment Funds (TIF) Threadneedle American Fund (Retail Net Accumulation Class). 2,015, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions USD 1,192,733 (945,358) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year Since Inception* 3 Years* 5 Years* 10 Years* (30 Jun 1973) TIF Threadneedle American Fund 0.35% 1.53% 6.61% 16.93% 16.22% 8.29% 10.18% Benchmark: S&P 500 Composite 0.28% 1.23% 7.42% 17.31% 17.34% 7.89% 10.67% * Annualised Performance 239

246 Underlying Fund: Threadneedle Investment Funds (TIF) Threadneedle American Fund (Retail Net Accumulation Class) Top 10 Holdings as at 30 June 2015 APPLE INC GOOGLE INCCL A JPMORGAN CHASE & CO MICROSOFT CORP WALT DISNEY CO/THE PFIZER INC COMCAST CORPCLASS A CVS HEALTH CORP MASTERCARD INCCLASS A HOME DEPOT INC 141,250,625 90,131,884 73,449,535 68,639,786 64,628,408 64,469,018 60,570,791 58,516,430 56,825,976 56,600, % 3.26% 2.66% 2.49% 2.34% 2.33% 2.19% 2.12% 2.06% 2.05% Top 10 Holdings as at 30 June 2014 APPLE INC GOOGLE INC JPMORGAN CHASE & CO MICROSOFT CORP COMCAST CORPCLASS A PFIZER INC VERIZON COMMUNICATIONS INC HALLIBURTON CO GILEAD SCIENCES INC SCHLUMBERGER LTD 80,363,085 78,977,449 53,591,820 49,672,329 49,464,612 48,444,609 47,155,992 44,098,074 41,661,460 39,294, % 4.18% 2.84% 2.63% 2.62% 2.57% 2.50% 2.34% 2.21% 2.08% Expense Ratio Turnover Ratio 7 March March % 1.66% 31 March March % 39.37% Other Material Information 240

247 Threadneedle Investments Threadneedle Investment Funds (TIF) Threadneedle Asia Fund Investments in Collective Investment Schemes Threadneedle Investment Funds (TIF) Threadneedle Asia Fund, an ILP subfund, feeds 100% into the underlying UK registered Threadneedle Investment Funds (TIF) Threadneedle Asia Fund (Retail Net Accumulation Class). 903, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions USD 308,308 (180,078) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year Since Inception* 3 Years* 5 Years* 10 Years* (31 Oct 1990) TIF Threadneedle Asia Fund 0.15% 4.71% 3.20% 10.10% 7.22% 9.38% 8.16% Benchmark: MSCI AC AP ex Jap 0.93% 3.50% 0.48% 8.75% 7.87% 9.07% 8.70% * Annualised Performance 241

248 Underlying Fund: Threadneedle Investment Funds (TIF) Threadneedle Asia Fund (Retail Net Accumulation Class) Top 10 Holdings as at 30 June 2015 THREADNEEDLE CH OPP2INAGBP TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD SAMSUNG ELECTRONICS CO LTD AIA GROUP LTD TENCENT HOLDINGS LTD CK HUTCHISON HOLDINGS LTD CHINA MOBILE LTD WESTPAC BANKING CORP PING AN INSURANCE GROUP COH DBS GROUP HOLDINGS LTD 34,512,202 28,815,941 24,878,293 23,018,154 21,142,431 19,692,614 16,574,423 15,999,330 14,997,688 12,050, % 3.88% 3.35% 3.10% 2.85% 2.65% 2.23% 2.16% 2.02% 1.62% Top 10 Holdings as at 30 June 2014 TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD THREADNEEDLE CH OPP2INAGBP SAMSUNG ELECTRONICS CO LTD WESTPAC BANKING CORP AIA GROUP LTD TENCENT HOLDINGS LTD BHP BILLITON LTD AUST AND NZ BANKING GROUP HUTCHISON WHAMPOA LTD SK HYNIX INC 32,357,835 28,571,157 20,890,880 18,984,261 18,310,771 16,047,882 15,460,622 14,298,970 13,821,927 13,782, % 3.88% 2.84% 2.58% 2.49% 2.18% 2.10% 1.94% 1.88% 1.87% Expense Ratio Turnover Ratio 7 March March % 1.71% 31 March March % 43.89% Other Material Information 242

249 Threadneedle Investments Threadneedle Investment Funds (TIF) Threadneedle Emerging Markets Bond Fund Investments in Collective Investment Schemes Threadneedle Investment Funds (TIF) Threadneedle Emerging Markets Bond Fund, an ILP subfund, feeds 100% into the underlying UK registered Threadneedle Investment Funds (TIF) Threadneedle Emerging Markets Bond Fund (Retail Gross Accumulation Class). 456, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions USD 141,898 (135,026) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year Since Inception* 3 Years* 5 Years* 10 Years* (26 Dec 1997) TIF Threadneedle Emerging Markets Bond 0.56% 0.56% 5.32% 1.00% 3.96% 6.13% 10.59% Fund Benchmark: JPM EMBI Global (Constrained (1/1/991/1/02)) 0.29% 1.76% 1.57% 3.44% 6.52% 7.34% 8.66% * Annualised Performance 243

250 Underlying Fund: Threadneedle Investment Funds (TIF) Threadneedle Emerging Markets Bond Fund (Retail Gross Accumulation Class) Top 10 Holdings as at 30 June 2015 DOMINICAN REPUBLIC /05/2021 PETRO CO TRIN/TOBAGO LTD /08/2019 PETROLEOS MEXICANOS /01/2023 REPUBLIC OF NAMIBIA /11/2021 PERTAMINA PERSERO PT /05/2021 VNESHECONOMBANK(VEB) /07/2020 PETROLEOS DE VENEZUELA S /11/2017 REPUBLIC OF COLOMBIA /03/2019 REPUBLIC OF GHANA /01/2026 ARAB REPUBLIC OF EGYPT /06/2025 6,853,478 6,706,741 5,804,591 4,675,596 4,597,249 4,062,976 3,938,662 3,933,794 3,856,162 3,675, % 2.08% 1.80% 1.45% 1.42% 1.26% 1.22% 1.22% 1.19% 1.14% Top 10 Holdings as at 30 June 2014 PETRO CO TRIN/TOBAGO LTD /08/2019 NOTA DO TESOURO NACIONAL /01/2015 DOMINICAN REPUBLIC /05/2021 PETROLEOS DE VENEZUELA S /11/2017 RUSSIAN FEDERATION /04/2042 REPUBLIC OF TURKEY /02/2025 REPUBLICA ORIENT URUGUAY /04/2027 FED REPUBLIC OF BRAZIL /01/2041 PERTAMINA PT /05/2021 REPUBLIC OF TURKEY /03/2036 8,712,245 8,552,005 8,376,719 7,166,663 6,147,145 5,769,570 5,577,878 5,372,269 5,322,388 5,243, % 1.86% 1.82% 1.56% 1.34% 1.26% 1.21% 1.17% 1.16% 1.14% Expense Ratio Turnover Ratio 7 March March % 1.70% 31 March March % 62.00% Other Material Information 244

251 Threadneedle Investments Threadneedle Investment Funds (TIF) Threadneedle Global Bond Fund Investments in Collective Investment Schemes Threadneedle Investment Funds (TIF) Threadneedle Global Bond Fund, an ILP subfund, feeds 100% into the underlying UK registered Threadneedle Investment Funds (TIF) Threadneedle Global Bond Fund (Retail Gross Accumulation Class). Market Value EUR 91, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions EUR 39,417 (4,602) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year Since Inception* 3 Years* 5 Years* 10 Years* (14 Nov 1997) TIF Threadneedle Global Bond Fund 5.83% 4.81% 12.31% 1.36% 2.29% 3.21% 6.30% Benchmark: JPM Global ex Japan from 28/02/03 linked with JPM Global 5.22% 4.88% 13.72% 1.94% 3.05% 3.80% NA** * Annualised Performance ** Benchmark performance is not available. 245

252 Underlying Fund: Threadneedle Investment Funds (TIF) Threadneedle Global Bond Fund (Retail Gross Accumulation Class) Top 10 Holdings as at 30 June 2015 BUNDESREPUB. DEUTSCHLAND /02/2025 NEW ZEALAND GOVERNMENT /04/2023 UK TSY 2% /09/2025 EKSPORTFINANS ASA /09/2015 US TREASURY N/B /01/2016 US TREASURY N/B /11/2024 US TREASURY N/B /04/2022 JAPAN (20 YEAR ISSUE) /03/2025 BONOS Y OBLIG DEL ESTADO /01/2022 EUROPEAN INVESTMENT BANK /05/2025 Market Value EUR 11,384,983 11,376,942 11,201,026 9,576,666 9,001,403 8,616,228 7,342,186 7,339,900 7,307,643 6,659, % 3.70% 3.65% 3.12% 2.93% 2.80% 2.39% 2.39% 2.38% 2.17% Top 10 Holdings as at 30 June 2014 US TREASURY N/B /05/2015 UK TSY 4 1/2% /03/2019 BUONI POLIENNALI DEL TES /09/2024 BONOS Y OBLIG DEL ESTADO /10/2024 JAPAN76 (20 YEAR ISSUE) /03/2025 TSY INFL IX N/B /01/2024 US TREASURY N/B /10/2015 EKSPORTFINANS ASA /11/2014 JAPAN94 (20 YEAR ISSUE) /03/2027 OBRIGACOES DO TESOURO /06/2019 Market Value EUR 15,361,614 9,210,222 7,399,983 7,193,761 7,184,046 6,719,208 6,108,319 5,750,665 5,379,773 5,199, % 3.47% 2.79% 2.71% 2.71% 2.53% 2.30% 2.17% 2.03% 1.96% Expense Ratio Turnover Ratio 7 March March % 1.43% 31 March March % % Other Material Information 246

253 Threadneedle Investments Threadneedle Investment Funds (TIF) Threadneedle Pan European Fund Investments in Collective Investment Schemes Threadneedle Investment Funds (TIF) Threadneedle Pan European Fund, an ILP subfund, feeds 100% into the underlying UK registered Threadneedle Investment Funds (TIF) Threadneedle Pan European Fund (Retail Net Accumulation Class). Market Value EUR 374, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions EUR 335,460 (209,363) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year Since Inception* 3 Years* 5 Years* 10 Years* (12 Oct 1999) TIF Threadneedle Pan European Fund 1.49% 16.73% 21.82% 20.05% 14.38% 8.78% 5.80% Benchmark: MSCI Europe 2.59% 13.25% 14.08% 18.00% 12.79% 6.69% 4.30% * Annualised Performance 247

254 Underlying Fund: Threadneedle Investment Funds (TIF) Threadneedle Pan European Fund (Retail Net Accumulation Class) Top 10 Holdings as at 30 June 2015 BAYER AGREG ROCHE HOLDING AGGENUSSCHEIN ING GROEP NVCVA UBS GROUP AGREG NOVO NORDISK A/SB BT GROUP PLC ASML HOLDING NV NOVARTIS AGREG PRUDENTIAL PLC CRH PLC 19,177,625 19,171,384 18,753,173 18,541,899 15,803,183 14,039,088 13,675,842 13,594,195 12,314,015 11,714, % 3.43% 3.35% 3.31% 2.82% 2.51% 2.44% 2.43% 2.20% 2.09% Top 10 Holdings as at 30 June 2014 ROYAL DUTCH SHELL PLCA SHS ROCHE HOLDING AGGENUSSCHEIN BAYER AGREG ILIAD SA BAYERISCHE MOTOREN WERKE AG BG GROUP PLC ANHEUSERBUSCH INBEV NV NOVO NORDISK A/SB AIRBUS GROUP NV BASF SE 14,917,840 13,984,910 12,906,078 10,592,593 9,352,688 8,744,917 8,712,276 8,703,835 8,662,769 7,811, % 3.73% 3.44% 2.82% 2.49% 2.33% 2.32% 2.32% 2.31% 2.08% Note: Market Values are based in USD according to data source provided by Threadneedle Investments. Expense Ratio Turnover Ratio 7 March March % 1.67% 31 March March % 75.66% Other Material Information 248

255 Threadneedle Investments Threadneedle Specialist Investment Funds (TSIF) Threadneedle Target Return Fund Investments in Collective Investment Schemes Threadneedle Specialist Investment Funds (TSIF) Threadneedle Target Return Fund, an ILP subfund, feeds 100% into the underlying UK registered Threadneedle Specialist Investment Funds (TSIF) Threadneedle Target Return Fund (Accumulation Class). Market Value EUR 34, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions EUR 6,744 (20,374) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year Since Inception* 3 Years* 5 Years* 10 Years* (3 Apr 2006) TSIF Threadneedle Target Return Fund 0.45% 3.45% 4.39% 0.59% 0.59% NA 2.32% Benchmark: EURIBOR 3 Month Deposit Rate 0.00% 0.01% 0.07% 0.19% 0.58% NA 1.70% * Annualised Performance 249

256 Underlying Fund: Threadneedle Specialist Investment Funds (TSIF) Threadneedle Target Return Fund (Accumulation Class) Top 5 Holdings as at 30 June 2015 DEUTSCHE TELEKOM INT FIN /01/2017 MOTABILITY OPERATIONS GR /11/2017 UK TSY 2% /07/2020 HUTCH WHAMPOA FINANCE /11/2016 BUONI POLIENNALI DEL TES /06/2017 Market Value EUR 1,671,348 1,653,050 1,602,932 1,525,739 1,520, % 6.09% 5.91% 5.62% 5.60% Top 5 Holdings as at 30 June 2014 UK TSY 1 3/4% /07/2019 ANGLO AMERICAN CAPITAL /04/2015 KONINKLIJKE KPN NV /01/2016 TSY INFL IX N/B /01/2024 GOLDMAN SACHS GROUP INC /02/2015 Market Value EUR 1,953,021 1,686,530 1,679,432 1,674,989 1,659, % 4.54% 4.52% 4.51% 4.47% Note: Only the Top 5 holdings (from the short dated high grade portfolio) as at 30 June 2015 and 30 June 2014 are provided to ensure consistency with the underlying fund reporting. Expense Ratio Turnover Ratio 30 April April % 1.42% 31 March March % % Other Material Information 250

257 UOB Asset Management Ltd GrowthPath Portfolios GrowthPath Today Investments in Collective Investment Schemes GrowthPath Portfolios GrowthPath Today, an ILP subfund, feeds 100% into the underlying Singapore registered GrowthPath Portfolios GrowthPath Today. Market Value SGD 518, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions SGD 295,298 (149,125) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year Since Inception* 3 Years* 5 Years* 10 Years* (2 Dec 2002) GrowthPath Portfolios GrowthPath Today Benchmark: 15% SG Straits Times + 5% MSCI World % UOB SG 1.82% 0.21% 1.32% 2.28% 2.63% 2.54% 3.31% Govt Bond All % Citigroup WGBI % Citigroup EGBI All Maturities** 1.81% 0.79% 1.11% 2.08% 2.72% 3.14% 4.04% * Annualised Performance ** The benchmark will be reset on 1 January of each year. 251

258 Underlying Fund: GrowthPath Portfolios GrowthPath Today Top 5 Holdings as at 30 June 2015 UNITED SINGAPORE BOND FUND BLACKROCK WORLD EX EURO GOVERNMENT BOND INDEX FUND UNITED SINGAPORE GROWTH FUND BLACKROCK EURO GOVERNMENT BOND INDEX FUND BLACKROCK DEVELOPED WORLD INDEX SUBFUND Top 5 Holdings as at 30 June 2014 UNITED SINGAPORE BOND FUND BLACKROCK WORLD EX EURO GOVERNMENT BOND INDEX FUND UNITED SINGAPORE GROWTH FUND BLACKROCK EURO GOVERNMENT BOND INDEX FUND BLACKROCK DEVELOPED WORLD INDEX SUBFUND Market Value SGD 4,529,301 1,446,500 1,229, , ,202 Market Value SGD 4,745,467 1,680,065 1,307, , , % 17.27% 14.68% 8.15% 4.79% 51.89% 18.37% 14.29% 9.67% 5.10% Note: The underlying fund is comprised of 5 holdings as at 30 June 2015 and 30 June Expense Ratio 30 June June % 1.13% Note: The Expense Ratio as at 30 June 2014 was revised according to source data provided by UOB Asset Management Ltd. Turnover Ratio 30 June June % 2.25% Other Material Information 252

259 UOB Asset Management Ltd GrowthPath Portfolios GrowthPath 2020 Investments in Collective Investment Schemes GrowthPath Portfolios GrowthPath 2020, an ILP subfund, feeds 100% into the underlying Singapore registered GrowthPath Portfolios GrowthPath Market Value SGD 438, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions SGD 67,503 (41,824) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year Since Inception* 3 Years* 5 Years* 10 Years* (2 Dec 2002) GrowthPath Portfolios GrowthPath 2020 Benchmark: 15% SG Straits Times % MSCI World % 2.13% 0.12% 2.03% 4.09% 3.52% 2.52% 4.13% UOB SG Govt Bond All % Citigroup WGBI % Citigroup EGBI All Maturities** 1.92% 0.09% 2.34% 4.40% 4.33% 3.15% 4.63% * Annualised Performance ** The benchmark will be reset on 1 January of each year. 253

260 Underlying Fund: GrowthPath Portfolios GrowthPath 2020 Top 6 Holdings as at 30 June 2015 UNITED SINGAPORE BOND FUND BLACKROCK WORLD EX EURO GOVERNMENT BOND INDEX FUND BLACKROCK DEVELOPED WORLD INDEX SUBFUND UNITED SINGAPORE GROWTH FUND BLACKROCK EURO GOVERNMENT BOND INDEX FUND UNITED ASIA FUND Top 6 Holdings as at 30 June 2014 UNITED SINGAPORE BOND FUND BLACKROCK DEVELOPED WORLD INDEX SUBFUND BLACKROCK WORLD EX EURO GOVERNMENT BOND INDEX FUND UNITED SINGAPORE GROWTH FUND BLACKROCK EURO GOVERNMENT BOND INDEX FUND UNITED ASIA FUND Market Value SGD 5,509,795 2,292,674 2,113,035 1,986,576 1,054, ,995 Market Value SGD 5,920,427 2,578,043 2,516,646 2,260,398 1,434, , % 17.43% 16.06% 15.10% 8.02% 1.10% 39.41% 17.16% 16.75% 15.04% 9.55% 1.52% Note: The underlying fund is comprised of 6 holdings as at 30 June 2015 and 30 June Expense Ratio Turnover Ratio 30 June June % 1.39% 30 June June % 12.11% Other Material Information 254

261 UOB Asset Management Ltd GrowthPath Portfolios GrowthPath 2030 Investments in Collective Investment Schemes GrowthPath Portfolios GrowthPath 2030, an ILP subfund, feeds 100% into the underlying Singapore registered GrowthPath Portfolios GrowthPath Market Value SGD 282, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions SGD 26,409 (105,809) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year Since Inception* 3 Years* 5 Years* 10 Years* (2 Dec 2002) GrowthPath Portfolios GrowthPath 2030 Benchmark: 15% SG Straits Times % MSCI World % 2.43% 0.31% 2.23% 5.28% 3.88% 2.51% 4.14% UOB SG Govt Bond All % Citigroup WGBI % Citigroup EGBI All Maturities** 2.03% 0.57% 3.52% 6.41% 5.63% 3.33% 4.98% * Annualised Performance ** The benchmark will be reset on 1 January of each year. 255

262 Underlying Fund: GrowthPath Portfolios GrowthPath 2030 Top 6 Holdings as at 30 June 2015 BLACKROCK DEVELOPED WORLD INDEX SUBFUND UNITED SINGAPORE BOND FUND BLACKROCK WORLD EX EURO GOVERNMENT BOND INDEX FUND UNITED SINGAPORE GROWTH FUND BLACKROCK EURO GOVERNMENT BOND INDEX FUND UNITED ASIA FUND Top 6 Holdings as at 30 June 2014 BLACKROCK DEVELOPED WORLD INDEX SUBFUND UNITED SINGAPORE BOND FUND BLACKROCK WORLD EX EURO GOVERNMENT BOND INDEX FUND UNITED SINGAPORE GROWTH FUND BLACKROCK EURO GOVERNMENT BOND INDEX FUND UNITED ASIA FUND Market Value SGD 1,743,742 1,715,547 1,334,045 1,022, , ,644 Market Value SGD 1,723,618 1,635,597 1,440,697 1,073, , , % 24.91% 19.37% 14.85% 9.34% 5.73% 23.73% 22.51% 19.83% 14.78% 9.64% 5.88% Note: The underlying fund is comprised of 6 holdings as at 30 June 2015 and 30 June Expense Ratio Turnover Ratio 30 June June % 1.63% 30 June June % 2.40% Other Material Information 256

263 UOB Asset Management Ltd GrowthPath Portfolios GrowthPath 2040 Investments in Collective Investment Schemes GrowthPath Portfolios GrowthPath 2040, an ILP subfund, feeds 100% into the underlying Singapore registered GrowthPath Portfolios GrowthPath Market Value SGD 308, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions SGD 295,862 (25,138) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year Since Inception* 3 Years* 5 Years* 10 Years* (2 Dec 2002) GrowthPath Portfolios GrowthPath 2040 Benchmark: 15% SG Straits Times % MSCI World % 0.85% 3.42% 6.69% 4.81% 2.65% 4.42% 13.47% UOB SG Govt Bond All % Citigroup WGBI % Citigroup EGBI All Maturities** 2.10% 1.06% 4.38% 7.94% 6.62% 3.48% 5.20% * Annualised Performance ** The benchmark will be reset on 1 January of each year. 257

264 Underlying Fund: GrowthPath Portfolios GrowthPath 2040 Top 6 Holdings as at 30 June 2015 BLACKROCK DEVELOPED WORLD INDEX SUBFUND BLACKROCK WORLD EX EURO GOVERNMENT BOND INDEX FUND UNITED SINGAPORE BOND FUND UNITED SINGAPORE GROWTH FUND BLACKROCK EURO GOVERNMENT BOND INDEX FUND UNITED ASIA FUND Top 6 Holdings as at 30 June 2014 BLACKROCK DEVELOPED WORLD INDEX SUBFUND BLACKROCK WORLD EX EURO GOVERNMENT BOND INDEX FUND UNITED SINGAPORE GROWTH FUND UNITED SINGAPORE BOND FUND UNITED ASIA FUND BLACKROCK EURO GOVERNMENT BOND INDEX FUND Market Value SGD 7,609,642 4,661,630 3,562,513 3,559,189 2,221,076 1,912,635 Market Value SGD 8,797,919 4,938,816 4,096,485 3,459,685 2,336,779 2,312, % 19.90% 15.21% 15.19% 9.48% 8.16% 33.96% 19.06% 15.81% 13.35% 9.02% 8.92% Note: The underlying fund is comprised of 6 holdings as at 30 June 2015 and 30 June Expense Ratio Turnover Ratio 30 June June % 1.34% 30 June June % 4.58% Other Material Information 258

265 UOB Asset Management Ltd United Emerging Markets Bond Fund Investments in Collective Investment Schemes United Emerging Markets Bond Fund, an ILP subfund, feeds 100% into the underlying Singapore registered United Emerging Markets Bond Fund (S$). Market Value SGD 10, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions SGD 9,135 (3,619) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year Since Inception* 3 Years* 5 Years* 10 Years* (20 Aug 2001) United Emerging Markets Bond Fund 2.28% 2.01% 4.06% 3.64% 4.49% 5.32% 8.54% Benchmark: JP Morgan EMBI Global Div Index 2.17% 3.31% 8.56% 6.43% 5.99% 5.05% 7.24% * Annualised Performance 259

266 Underlying Fund: United Emerging Markets Bond Fund (S$) Top 10 Holdings as at 30 June 2015 UOB UNITED RENMINBI BOND FUND (SGD) REPUBLIC OF HUNGARY 5.38% DUE 21/02/2023 PETRO CO TRIN/TOBAGO LTD 9.75% DUE 14/08/2019 UNITED EMERGING MARKET LOCAL CURRENCY BOND FUND OFFICE CHERIFIEN DES PHO 6.875% DUE 25/04/2044 PETROLEOS MEXICANOS 5.50% DUE 27/06/2044 REPUBLIC OF IRAQ 5.80% DUE 15/01/2028 REPUBLIC OF POLAND 6.375% DUE 15/07/2019 RUSSIA FEDERATION 7.50% DUE 31/03/2030 REPUBLIC OF INDONESIA 7.75% DUE 17/01/2038 Market Value SGD 9,046,776 8,061,159 7,985,216 7,303,552 5,628,370 5,593,312 5,537,481 5,440,281 5,427,489 5,178, % 1.70% 1.68% 1.54% 1.19% 1.18% 1.17% 1.15% 1.15% 1.09% Top 10 Holdings as at 30 June 2014 REPUBLIC OF POLAND 6.375% DUE 15/07/2019 REPUBLIC OF PERU 8.75% DUE 21/11/2033 REPUBLIC OF VENEZUELA 7.75% DUE 13/10/2019 UNITED EMERGING MARKETS LOCAL CURRENCY BOND FUND UOB UNITED RENMINBI BOND FUND (SGD) REPUBLIC OF PHILIPPINES 5.5% DUE 30/03/2026 PETRONAS CAPITAL LTD 5.25% DUE 12/08/2019 RUSSIA FEDERATION 7.50% DUE 31/03/2030 REPUBLIC OF HUNGARY 5.38% DUE 21/02/2023 PACIFIC RUBIALES ENERGY CORP 7.25% DUE 12/12/2021 Market Value SGD 13,316,559 12,394,579 8,726,550 8,307,180 8,271,443 7,932,200 7,796,868 7,436,648 7,422,242 6,950, % 1.76% 1.24% 1.18% 1.18% 1.13% 1.11% 1.06% 1.06% 0.99% Expense Ratio 30 June June % 1.99% Note: The Expense Ratio as at 30 June 2014 was revised according to source data provided by UOB Asset Management Ltd. Turnover Ratio 30 June June % 51.05% Note: The Turnover Ratio as at 30 June 2014 was revised according to source data provided by UOB Asset Management Ltd. Other Material Information 260

267 UOB Asset Management Ltd United SGD Fund Investments in Collective Investment Schemes United SGD Fund, an ILP subfund, feeds 100% into the underlying Singapore registered United SGD Fund (Class A Accumulation SGD). Market Value SGD 1,921, % Exposure to Derivatives Borrowings Related Party Transactions Total Subscriptions and Redemptions for the 12 months ended 30 June 2015 Subscriptions Redemptions SGD 1,283,210 (694,274) Any Other Material Information That Will Adversely Impact The Valuation Of The Fund Soft Dollar Commission Fund Performance as at 30 June 2015 Fund / Benchmark 3 Months 6 Months 1 Year Since Inception* 3 Years* 5 Years* 10 Years* (19 Jun 1998) United SGD Fund 0.70% 1.94% 2.30% 4.25% 4.02% 3.94% 3.36% Benchmark: 6Month SIBID Rate 0.22% 0.36% 0.49% 0.29% 0.27% 0.98% 1.26% * Annualised Performance 261

268 Underlying Fund: United SGD Fund (Class A Accumulation SGD) Top 10 Holdings as at 30 June 2015 TINGYI CAYMAN ISLANDS HOLDING CORP 3.875% DUE 20/06/2017 BAO TRANS ENTERPRISES LTD 3.75% DUE 12/12/2018 COMPETITION TEAM TECHNOLOGIES LTD 2.125% DUE 13/12/2017 ZHEJIANG ENERGY GROUP HONG KONG LTD 2.3% DUE 30/09/2017 INDIAN RAILWAY FINANCE CORP LTD 3.417% DUE 10/10/2017 CHINA OVERSEAS FINANCE CAYMAN IV LTD 4.875% DUE 15/02/2017 CITIC LTD 6.875% DUE 21/01/2018 CHINA URANIUM DEVELOPMENT CO LTD 3.5% DUE 08/10/2018 ANSTOCK II LTD 2.125% DUE 24/07/2017 BAIDU INC 3.25% DUE 06/08/2018 Market Value SGD 27,753,960 27,599,384 26,920,488 26,808,191 25,640,061 22,402,232 22,301,582 21,190,429 21,151,240 20,768, % 2.95% 2.87% 2.86% 2.74% 2.39% 2.38% 2.26% 2.26% 2.22% Top 10 Holdings as at 30 June 2014 NATIONAL CAPITAL TRUST II DELAWARE 5.486% DUE 29/12/2049 FRN COMPETITION TEAM TECHNOLOGIES LIMITED 2.125% DUE 13/12/2017 INDIAN RAILWAY FINANCE CORPORATION LIMITED 3.417% DUE 10/10/2017 CHINATRUST COMMERCIAL BANK HONG KONG 5.625% DUE 29/03/2049 FRN CHINA RESOURCES LAND LIMITED 4.625% DUE 19/05/2016 LS FINANCE 2017 LIMITED 5.25% DUE 26/01/2017 CNOOC NEXEN FINANCE 2014 ULC 1.625% DUE 30/04/2017 ZIJIN INTERNATIONAL FINANCE COMPANY LIMITED 4.25% DUE 30/06/2016 BIOSENSORS INVESTMENT SINGAPORE PTE LIMITED 4.875% DUE 23/01/2017 PETROBRAS GLOBAL FINANCE BV 3.25% DUE 17/03/2017 Market Value SGD 25,130,219 24,471,237 23,805,941 23,702,320 23,663,972 20,085,080 19,958,561 19,593,943 19,498,325 18,422, % 2.95% 2.87% 2.86% 2.85% 2.42% 2.41% 2.36% 2.35% 2.22% Expense Ratio Turnover Ratio 30 June June % 0.67% 30 June June % 50.71% Other Material Information 262

269 FINANCIAL STATEMENTS Capital Account For the year ended 30 June 2015 Aberdeen Global Asia Pacific Equity Fund Aberdeen Global Asian Local Currency Short Duration Bond Fund Aberdeen Global Australasian Equity Fund Aberdeen Global Chinese Equity Fund (USD) (USD) (AUD) (USD) VALUE OF FUND AS AT 30 JUNE ,966, , ,529 2,186,937 Amount received by Fund Amount paid by Fund Net amount received/(paid) by Fund 2,154,062 (1,227,388) 926,674 39,217 (60,372) (21,155) 48,138 (73,088) (24,950) 508,885 (513,559) (4,674) INCOME ON INVESTMENTS Dividends Net appreciation/(diminution) in value of investment during the period (247,505) (7,377) 32,125 66,180 Net income/(loss) before taxation (247,505) (7,377) 32,125 66,180 Taxation Net income/(loss) after taxation (247,505) (7,377) 32,125 66,180 VALUE OF FUND AS AT 30 JUNE ,645, , ,704 2,248,443 The accompanying notes form an integral part of these financial statements. 263

270 FINANCIAL STATEMENTS Capital Account For the year ended 30 June 2015 Aberdeen Global Indian Equity Fund Aberdeen Global Select Emerging Markets Bond Fund Aberdeen Select Portfolio Aberdeen India Opportunities Fund Aberdeen Select Portfolio Aberdeen Pacific Equity Fund (USD) (USD) (SGD) (SGD) VALUE OF FUND AS AT 30 JUNE ,937, ,736 34, ,025 Amount received by Fund Amount paid by Fund Net amount received/(paid) by Fund 1,340,981 (887,823) 453, ,626 (113,020) 67,606 29,985 (9,249) 20, ,294 (72,087) 138,207 INCOME ON INVESTMENTS Dividends Net appreciation/(diminution) in value of investment during the period 391,537 (24,527) 9,212 2,472 Net income/(loss) before taxation 391,537 (24,527) 9,212 2,472 Taxation Net income/(loss) after taxation 391,537 (24,527) 9,212 2,472 VALUE OF FUND AS AT 30 JUNE ,781, ,815 64, ,704 The accompanying notes form an integral part of these financial statements

271 FINANCIAL STATEMENTS Capital Account For the year ended 30 June 2015 Aberdeen Select Portfolio Aberdeen Singapore Equity Fund Aberdeen Select Portfolio Aberdeen Thailand Equity Fund AllianceBernstein Developed Markets MultiAsset Income Portfolio AllianceBernstein Dynamic Diversified Portfolio (SGD) (USD) (USD) (USD) VALUE OF FUND AS AT 30 JUNE ,228 1,211, , ,890 Amount received by Fund Amount paid by Fund Net amount received/(paid) by Fund 25,707 (11,468) 14, ,163 (465,567) (36,404) 23,097 (41,869) (18,772) 57,018 (218,840) (161,822) INCOME ON INVESTMENTS Dividends 3,572 3,572 Net appreciation/(diminution) in value of investment during the period (236) (51,217) (5,027) (4,504) Net income/(loss) before taxation (236) (51,217) (1,455) (4,504) Taxation Net income/(loss) after taxation (236) (51,217) (1,455) (4,504) VALUE OF FUND AS AT 30 JUNE ,231 1,124, , ,564 The accompanying notes form an integral part of these financial statements. 265

272 FINANCIAL STATEMENTS Capital Account For the year ended 30 June 2015 AllianceBernstein Global Equity Blend Portfolio AllianceBernstein Global Growth Trends Portfolio AllianceBernstein Global Value Portfolio AllianceBernstein US Thematic Research Portfolio (USD) (USD) (USD) (USD) VALUE OF FUND AS AT 30 JUNE , , , ,016 Amount received by Fund Amount paid by Fund Net amount received/(paid) by Fund 71,316 (39,543) 31,773 20,217 (141,588) (121,371) 552,457 (112,775) 439, ,882 (129,501) (24,619) INCOME ON INVESTMENTS Dividends Net appreciation/(diminution) in value of investment during the period 9,985 1,180 27,868 52,735 Net income/(loss) before taxation 9,985 1,180 27,868 52,735 Taxation Net income/(loss) after taxation 9,985 1,180 27,868 52,735 VALUE OF FUND AS AT 30 JUNE ,436 58, , ,132 The accompanying notes form an integral part of these financial statements

273 FINANCIAL STATEMENTS Capital Account For the year ended 30 June 2015 Allianz Global Investors Fund Allianz China Equity Fund (SGD) Allianz Global Investors Fund Allianz Global Sustainability Fund Allianz Global Investors Fund Allianz Oriental Income Fund (SGD) Amundi Funds Absolute Volatility Arbitrage (SGD) (EUR) (SGD) (EUR) VALUE OF FUND AS AT 30 JUNE ,410 13, ,018 Amount received by Fund Amount paid by Fund Net amount received/(paid) by Fund 9,992 (2,283) 7,709 26,939 (4,876) 22,063 2,801 (2,005) (131) (81) INCOME ON INVESTMENTS Dividends Net appreciation/(diminution) in value of investment during the period 5,369 4, (15) Net income/(loss) before taxation 5,369 4, (15) Taxation Net income/(loss) after taxation 5,369 4, (15) VALUE OF FUND AS AT 30 JUNE ,488 40,366 1,099 1,922 The accompanying notes form an integral part of these financial statements. 267

274 FINANCIAL STATEMENTS Capital Account For the year ended 30 June 2015 Amundi Funds Absolute Volatility World Equities (USD) Amundi Funds Bond Global (USD) Amundi Islamic Amundi Islamic BRIC Quant (USD) Aviva Investors Asian Equity Income Fund (USD) VALUE OF FUND AS AT 30 JUNE , , ,453 24,929 Amount received by Fund Amount paid by Fund Net amount received/(paid) by Fund 28,115 (53,391) (25,276) 112,199 (281,516) (169,317) 85,575 (99,759) (14,184) 7,011 (11,750) (4,739) INCOME ON INVESTMENTS Dividends Net appreciation/(diminution) in value of investment during the period (2,292) (42,503) (30,462) 512 Net income/(loss) before taxation (2,292) (42,503) (30,462) 512 Taxation Net income/(loss) after taxation (2,292) (42,503) (30,462) 512 VALUE OF FUND AS AT 30 JUNE , , ,807 20,702 The accompanying notes form an integral part of these financial statements

275 FINANCIAL STATEMENTS Capital Account For the year ended 30 June 2015 Aviva Investors Emerging Europe Equity Fund (EUR) Aviva Investors Emerging Markets Equity Income Fund (USD) BlackRock Global Funds Global SmallCap Fund (USD) BlackRock Global Funds Latin American Fund (USD) VALUE OF FUND AS AT 30 JUNE ,286 1,274,777 3,182,783 Amount received by Fund Amount paid by Fund Net amount received/(paid) by Fund 463,178 (60,358) 402,820 72,338 (113,035) (40,697) 1,643,747 (512,350) 1,131, ,165 (1,290,434) (666,269) INCOME ON INVESTMENTS Dividends Net appreciation/(diminution) in value of investment during the period 41,595 (30,658) (8,794) (584,720) Net income/(loss) before taxation 41,595 (30,658) (8,794) (584,720) Taxation Net income/(loss) after taxation 41,595 (30,658) (8,794) (584,720) VALUE OF FUND AS AT 30 JUNE , ,931 2,397,380 1,931,794 The accompanying notes form an integral part of these financial statements. 269

276 FINANCIAL STATEMENTS Capital Account For the year ended 30 June 2015 BlackRock Global Funds New Energy Fund BlackRock Global Funds United Kingdom Fund BlackRock Global Funds World Gold Fund (USD) (GBP) (USD) BlackRock Global Funds World Mining Fund (USD) VALUE OF FUND AS AT 30 JUNE ,727, ,350 3,292,142 4,283,773 Amount received by Fund Amount paid by Fund Net amount received/(paid) by Fund 200,501 (473,670) (273,169) 40,288 (33,030) 7,258 1,431,225 (1,118,764) 312, ,635 (1,074,262) (211,627) INCOME ON INVESTMENTS Dividends Net appreciation/(diminution) in value of investment during the period (141,923) 8,830 (1,002,462) (1,331,436) Net income/(loss) before taxation (141,923) 8,830 (1,002,462) (1,331,436) Taxation Net income/(loss) after taxation (141,923) 8,830 (1,002,462) (1,331,436) VALUE OF FUND AS AT 30 JUNE ,312, ,438 2,602,141 2,740,710 The accompanying notes form an integral part of these financial statements

277 FINANCIAL STATEMENTS Capital Account For the year ended 30 June 2015 Parvest Bond Best Selection World Emerging Parvest Bond Euro Parvest Bond World (USD) (EUR) (USD) Parvest Equity Brazil (USD) VALUE OF FUND AS AT 30 JUNE ,248 81, , ,739 Amount received by Fund Amount paid by Fund Net amount received/(paid) by Fund 32,701 (52,470) (19,769) 8,643 (8,678) (35) 33,317 (95,333) (62,016) 149,801 (120,263) 29,538 INCOME ON INVESTMENTS Dividends Net appreciation/(diminution) in value of investment during the period (21,241) 1,377 (20,956) (145,433) Net income/(loss) before taxation (21,241) 1,377 (20,956) (145,433) Taxation Net income/(loss) after taxation (21,241) 1,377 (20,956) (145,433) VALUE OF FUND AS AT 30 JUNE ,238 83, , ,844 The accompanying notes form an integral part of these financial statements. 271

278 FINANCIAL STATEMENTS Capital Account For the year ended 30 June 2015 Parvest Equity Russia Parvest Equity World Materials Parvest Global Environment (EUR) (EUR) (USD) Parvest Money Market Euro (EUR) VALUE OF FUND AS AT 30 JUNE ,722 32,262 26, ,740 Amount received by Fund Amount paid by Fund Net amount received/(paid) by Fund 93,386 (128,568) (35,182) 63,098 (37,555) 25,543 3,432 (1,650) 1,782 8,627 (145,546) (136,919) INCOME ON INVESTMENTS Dividends Net appreciation/(diminution) in value of investment during the period (28,160) 3,006 (1,168) 247 Net income/(loss) before taxation (28,160) 3,006 (1,168) 247 Taxation Net income/(loss) after taxation (28,160) 3,006 (1,168) 247 VALUE OF FUND AS AT 30 JUNE ,380 60,811 26, ,068 The accompanying notes form an integral part of these financial statements

279 FINANCIAL STATEMENTS Capital Account For the year ended 30 June 2015 Parvest Money Market USD Deutsche Noor Precious Metals Securities Fund Deutsche Singapore Equity Fund (USD) (USD) (SGD) DWS Global Agribusiness (EUR) VALUE OF FUND AS AT 30 JUNE , , , ,253 Amount received by Fund Amount paid by Fund Net amount received/(paid) by Fund 1,216,261 (503,403) 712, ,715 (85,544) 33, ,957 (298,029) 122,928 95,720 (99,290) (3,570) INCOME ON INVESTMENTS Dividends Net appreciation/(diminution) in value of investment during the period 1,283 (134,538) 8,253 53,091 Net income/(loss) before taxation 1,283 (134,538) 8,253 53,091 Taxation Net income/(loss) after taxation 1,283 (134,538) 8,253 53,091 VALUE OF FUND AS AT 30 JUNE ,587, , , ,774 The accompanying notes form an integral part of these financial statements. 273

280 FINANCIAL STATEMENTS Capital Account For the year ended 30 June 2015 Fidelity Funds ASEAN Fund Fidelity Funds Asian Special Situations Fund Fidelity Funds Euro Blue Chip Fund Fidelity Funds Euro Stoxx 50 TM Fund (SGD) (USD) (EUR) (EUR) VALUE OF FUND AS AT 30 JUNE ,182 1,146, ,082 33,435 Amount received by Fund Amount paid by Fund Net amount received/(paid) by Fund 2,843 (878) 1, ,118 (274,530) 160, ,846 (100,826) 7,020 6,719 (971) 5,748 INCOME ON INVESTMENTS Dividends ,603 1, Net appreciation/(diminution) in value of investment during the period (138) 89,266 34,154 2,830 Net income/(loss) before taxation (93) 89,870 35,757 3,485 Taxation Net income/(loss) after taxation (93) 89,870 35,757 3,485 VALUE OF FUND AS AT 30 JUNE ,054 1,396, ,859 42,668 The accompanying notes form an integral part of these financial statements

281 FINANCIAL STATEMENTS Capital Account For the year ended 30 June 2015 Fidelity Funds European Growth Fund Fidelity Funds European High Yield Fund Fidelity Funds Fidelity Portfolio Selector (FPS) Global Growth Fund (EUR) (EUR) (USD) Fidelity Funds Global Financial Services Fund (EUR) VALUE OF FUND AS AT 30 JUNE , ,634 97,292 83,528 Amount received by Fund Amount paid by Fund Net amount received/(paid) by Fund 72,481 (54,011) 18, ,134 (146,358) (20,224) 46,892 (24,580) 22,312 66,480 (36,737) 29,743 INCOME ON INVESTMENTS Dividends 1,581 1,581 18,599 18,599 Net appreciation/(diminution) in value of investment during the period 18,026 (25,221) 2,241 30,608 Net income/(loss) before taxation 19,607 (6,622) 2,241 30,608 Taxation Net income/(loss) after taxation 19,607 (6,622) 2,241 30,608 VALUE OF FUND AS AT 30 JUNE , , , ,879 The accompanying notes form an integral part of these financial statements. 275

282 FINANCIAL STATEMENTS Fidelity Funds Global Technology Fund Fidelity Funds Global Telecommunications Fund Capital Account For the year ended 30 June 2015 Fidelity Funds Growth & Income Fund Fidelity Funds International Bond Fund (EUR) (EUR) (USD) (USD) VALUE OF FUND AS AT 30 JUNE ,294 13, , ,729 Amount received by Fund Amount paid by Fund Net amount received/(paid) by Fund 105,675 (31,387) 74,288 16,441 (12,834) 3, ,711 (153,598) (38,887) 26,201 (32,981) (6,780) INCOME ON INVESTMENTS Dividends ,529 3,529 2,305 2,305 Net appreciation/(diminution) in value of investment during the period 25,232 2,671 (21,350) (13,461) Net income/(loss) before taxation 25,232 2,821 (17,821) (11,156) Taxation Net income/(loss) after taxation 25,232 2,821 (17,821) (11,156) VALUE OF FUND AS AT 30 JUNE ,814 20, , ,793 The accompanying notes form an integral part of these financial statements

283 FINANCIAL STATEMENTS Capital Account For the year ended 30 June 2015 Fidelity Funds Korea Fund Fidelity Funds Pacific Fund Fidelity Funds Sterling Bond Fund (USD) (USD) (GBP) Fidelity Funds Taiwan Fund (USD) VALUE OF FUND AS AT 30 JUNE , , , ,594 Amount received by Fund Amount paid by Fund Net amount received/(paid) by Fund 80,155 (60,996) 19, ,346 (358,306) (127,960) 127,331 (177,959) (50,628) 19,688 (33,575) (13,887) INCOME ON INVESTMENTS Dividends 8,847 8, Net appreciation/(diminution) in value of investment during the period (2,757) 27,617 12,439 (4,558) Net income/(loss) before taxation (2,757) 27,617 21,286 (4,137) Taxation Net income/(loss) after taxation (2,757) 27,617 21,286 (4,137) VALUE OF FUND AS AT 30 JUNE , , , ,570 The accompanying notes form an integral part of these financial statements. 277

284 FINANCIAL STATEMENTS Capital Account For the year ended 30 June 2015 Fidelity Funds United Kingdom Fund Fidelity Funds US Dollar Bond Fund First State Regional China Fund First State Singapore Growth Fund (GBP) (USD) (SGD) (SGD) VALUE OF FUND AS AT 30 JUNE , ,981 1,920,683 1,860,550 Amount received by Fund Amount paid by Fund Net amount received/(paid) by Fund 40,544 (21,970) 18, ,359 (149,061) 229, ,858 (467,754) 344, ,343 (694,698) (12,355) INCOME ON INVESTMENTS Dividends ,837 6,837 Net appreciation/(diminution) in value of investment during the period 8,216 4, ,146 12,885 Net income/(loss) before taxation 9,150 11, ,146 12,885 Taxation Net income/(loss) after taxation 9,150 11, ,146 12,885 VALUE OF FUND AS AT 30 JUNE , ,510 2,571,933 1,861,080 The accompanying notes form an integral part of these financial statements

285 FINANCIAL STATEMENTS Capital Account For the year ended 30 June 2015 Henderson Horizon Fund (HHF) Euroland Fund Henderson Horizon Fund (HHF) Global Property Equities Fund (EUR) (USD) (USD) Henderson Henderson Horizon Fund Horizon Fund (HHF) Global (HHF) Japanese Technology Opportunities Fund Fund (USD) VALUE OF FUND AS AT 30 JUNE , , , ,556 Amount received by Fund Amount paid by Fund Net amount received/(paid) by Fund 157,213 (176,112) (18,899) 321,982 (205,716) 116, ,427 (417,820) 421, ,487 (217,633) 24,854 INCOME ON INVESTMENTS Dividends Net appreciation/(diminution) in value of investment during the period 31,888 (10,559) 45,131 69,431 Net income/(loss) before taxation 31,888 (10,559) 45,131 69,431 Taxation Net income/(loss) after taxation 31,888 (10,559) 45,131 69,431 VALUE OF FUND AS AT 30 JUNE , ,460 1,183, ,841 The accompanying notes form an integral part of these financial statements. 279

286 FINANCIAL STATEMENTS Henderson Horizon Fund (HHF) Pan European Equity Fund Henderson Horizon Fund (HHF) Pan European Property Equities Fund Capital Account For the year ended 30 June 2015 JPMorgan Funds Emerging Europe, Middle East and Africa Equity Fund JPMorgan Funds Emerging Middle East Equity Fund (EUR) (EUR) (USD) (USD) VALUE OF FUND AS AT 30 JUNE , , , ,997 Amount received by Fund Amount paid by Fund Net amount received/(paid) by Fund 1,948 (474) 1,474 52,617 (95,353) (42,736) 97,276 (67,951) 29,325 72,509 (107,991) (35,482) INCOME ON INVESTMENTS Dividends 1,374 1,374 3,068 3,068 Net appreciation/(diminution) in value of investment during the period ,886 (51,041) (8,104) Net income/(loss) before taxation ,886 (49,667) (5,036) Taxation Net income/(loss) after taxation ,886 (49,667) (5,036) VALUE OF FUND AS AT 30 JUNE , , , ,479 The accompanying notes form an integral part of these financial statements

287 FINANCIAL STATEMENTS Capital Account For the year ended 30 June 2015 JPMorgan Funds Global Dynamic Fund JPMorgan Funds Global Natural Resources Fund JPMorgan Funds JF India Fund (USD) (USD) (USD) JPMorgan Funds JF Taiwan Fund (USD) VALUE OF FUND AS AT 30 JUNE ,273 1,032, ,157 41,957 Amount received by Fund Amount paid by Fund Net amount received/(paid) by Fund 555,964 (428,726) 127, ,843 (251,943) 343, ,894 (395,834) (112,940) 6,726 (7,624) (898) INCOME ON INVESTMENTS Dividends Net appreciation/(diminution) in value of investment during the period 4,333 (414,929) 108,282 (494) Net income/(loss) before taxation 4,927 (414,929) 108,282 (178) Taxation Net income/(loss) after taxation 4,927 (414,929) 108,282 (178) VALUE OF FUND AS AT 30 JUNE , , ,499 40,881 The accompanying notes form an integral part of these financial statements. 281

288 FINANCIAL STATEMENTS Capital Account For the year ended 30 June 2015 Jupiter Global Fund Jupiter European Growth Jupiter Global Fund Jupiter Global Ecology Growth Jupiter Global Fund Jupiter Global Financials Jupiter Global Fund Jupiter India Select (EUR) (USD) (USD) (USD) VALUE OF FUND AS AT 30 JUNE ,601 26, , ,801 Amount received by Fund Amount paid by Fund Net amount received/(paid) by Fund 164,309 (51,626) 112,683 14,518 (12,972) 1,546 48,765 (55,011) (6,246) 407,204 (236,122) 171,082 INCOME ON INVESTMENTS Dividends Net appreciation/(diminution) in value of investment during the period 39,022 (846) 6,740 60,157 Net income/(loss) before taxation 39,022 (846) 6,740 60,157 Taxation Net income/(loss) after taxation 39,022 (846) 6,740 60,157 VALUE OF FUND AS AT 30 JUNE ,306 26, , ,040 The accompanying notes form an integral part of these financial statements

289 FINANCIAL STATEMENTS Capital Account For the year ended 30 June 2015 Legg Mason QS MV European Equity Growth and Income Fund Legg Mason Western Asset Asian Opportunities Fund Massachusetts Financial Services (MFS) Meridian Funds Global Equity Fund (EUR) (SGD) (EUR) NN (L) Euro Equity (EUR) VALUE OF FUND AS AT 30 JUNE ,361 8, ,656 8,548 Amount received by Fund Amount paid by Fund Net amount received/(paid) by Fund 19,908 (6,315) 13,593 14,814 (4,491) 10, ,941 (147,677) 198, (1,580) (857) INCOME ON INVESTMENTS Dividends Net appreciation/(diminution) in value of investment during the period 8,358 (1,071) 78, Net income/(loss) before taxation 8,358 (418) 78, Taxation Net income/(loss) after taxation 8,358 (418) 78, VALUE OF FUND AS AT 30 JUNE ,312 18, ,910 8,528 The accompanying notes form an integral part of these financial statements. 283

290 FINANCIAL STATEMENTS NN (L) Euromix Bond PIMCO Funds: Global Investors Series plc (GIS plc) Emerging Markets Bond Fund Capital Account For the year ended 30 June 2015 PIMCO Funds: Global Investors Series plc (GIS plc) Global Bond Fund PIMCO Funds: Global Investors Series plc (GIS plc) Global Real Return Fund (EUR) (USD) (USD) (USD) VALUE OF FUND AS AT 30 JUNE , , , ,409 Amount received by Fund Amount paid by Fund Net amount received/(paid) by Fund 2,315 (9,592) (7,277) 107,264 (253,445) (146,181) 119,505 (109,847) 9, ,565 (111,248) 13,317 INCOME ON INVESTMENTS Dividends Net appreciation/(diminution) in value of investment during the period 670 (32,817) 8,545 8,058 Net income/(loss) before taxation 670 (32,817) 8,545 8,058 Taxation Net income/(loss) after taxation 670 (32,817) 8,545 8,058 VALUE OF FUND AS AT 30 JUNE , , , ,784 The accompanying notes form an integral part of these financial statements

291 FINANCIAL STATEMENTS Capital Account For the year ended 30 June 2015 PIMCO Funds: Global Investors Series plc (GIS plc) Total Return Bond Fund PIMCO Funds: Global Investors Series plc (GIS plc) US High Yield Bond Fund Schroder Asian Growth Fund (USD) (USD) (USD) Schroder Global Emerging Market Opportunities Fund (SGD) VALUE OF FUND AS AT 30 JUNE , ,365 1,831,951 26,774 Amount received by Fund Amount paid by Fund Net amount received/(paid) by Fund 673,554 (761,820) (88,266) 426,849 (566,224) (139,375) 846,379 (736,814) 109,565 29,441 (12,499) 16,942 INCOME ON INVESTMENTS Dividends 76,312 76,312 Net appreciation/(diminution) in value of investment during the period 330 (30) (82,002) (1,078) Net income/(loss) before taxation 330 (30) (5,690) (1,078) Taxation Net income/(loss) after taxation 330 (30) (5,690) (1,078) VALUE OF FUND AS AT 30 JUNE , ,960 1,935,826 42,638 The accompanying notes form an integral part of these financial statements. 285

292 FINANCIAL STATEMENTS Schroder International Selection Fund (ISF) Asian Bond Absolute Return Schroder International Selection Fund (ISF) BRIC Capital Account For the year ended 30 June 2015 Schroder International Selection Fund (ISF) Emerging Markets Schroder International Selection Fund (ISF) Middle East (USD) (USD) (USD) (EUR) VALUE OF FUND AS AT 30 JUNE ,423 1,712,194 2,096, ,929 Amount received by Fund 25, ,272 1,642, ,307 Amount paid by Fund (46,777) (527,847) (958,532) (131,795) Net amount received/(paid) by Fund (20,831) (282,575) 683,572 (19,488) INCOME ON INVESTMENTS Dividends Net appreciation/(diminution) in value of investment during the period 691 (38,936) (146,822) 20,052 Net income/(loss) before taxation 691 (38,936) (146,822) 20,052 Taxation Net income/(loss) after taxation 691 (38,936) (146,822) 20,052 VALUE OF FUND AS AT 30 JUNE ,283 1,390,683 2,633, ,493 The accompanying notes form an integral part of these financial statements

293 FINANCIAL STATEMENTS Capital Account For the year ended 30 June 2015 Schroder International Selection Fund (ISF) UK Equity Schroder Multi Asset Revolution Franklin Templeton Investment Funds (FTIF) Franklin Biotechnology Discovery Fund (GBP) (SGD) (USD) Franklin Templeton Investment Funds (FTIF) Franklin European SmallMid Cap Growth Fund (EUR) VALUE OF FUND AS AT 30 JUNE , ,382 81,128 Amount received by Fund Amount paid by Fund Net amount received/(paid) by Fund 125,570 (87,335) 38,235 9,837 (2,942) 6, ,568 (383,959) (175,391) 166,350 (51,584) 114,766 INCOME ON INVESTMENTS Dividends Net appreciation/(diminution) in value of investment during the period 15, ,796 22,336 Net income/(loss) before taxation 15, ,796 22,336 Taxation Net income/(loss) after taxation 15, ,796 22,336 VALUE OF FUND AS AT 30 JUNE ,517 7,879 1,166, ,230 The accompanying notes form an integral part of these financial statements. 287

294 FINANCIAL STATEMENTS Franklin Templeton Investment Funds (FTIF) Franklin Global Real Estate Fund Franklin Templeton Investment Funds (FTIF) Franklin Mutual Beacon Fund Capital Account For the year ended 30 June 2015 Franklin Templeton Investment Funds (FTIF) Franklin Mutual Global Discovery Fund Franklin Templeton Investment Funds (FTIF) Franklin Strategic Income Fund (EUR) (USD) (USD) (USD) VALUE OF FUND AS AT 30 JUNE , , ,376 Amount received by Fund 48, ,749 3, ,288 Amount paid by Fund (15,762) (139,798) (996) (335,982) Net amount received/(paid) by Fund 32,902 (32,049) 2,043 66,306 INCOME ON INVESTMENTS Dividends Net appreciation/(diminution) in value of investment during the period (1,625) (14,401) Net income/(loss) before taxation (1,625) (14,401) Taxation Net income/(loss) after taxation (1,625) (14,401) VALUE OF FUND AS AT 30 JUNE , ,513 2, ,281 The accompanying notes form an integral part of these financial statements

295 FINANCIAL STATEMENTS Capital Account For the year ended 30 June 2015 Franklin Templeton Investment Funds (FTIF) Templeton Asian Growth Fund Franklin Templeton Investment Funds (FTIF) Templeton European Fund Franklin Templeton Investment Funds (FTIF) Templeton Global Fund (USD) (EUR) (USD) Franklin Templeton Investment Funds (FTIF) Templeton Global Bond Fund (SGD) VALUE OF FUND AS AT 30 JUNE ,123,698 91,373 2,719,635 7,072 Amount received by Fund 848,229 75, ,894 8,129 Amount paid by Fund (1,147,742) (25,244) (1,145,906) (2,212) Net amount received/(paid) by Fund (299,513) 50,011 (300,012) 5,917 INCOME ON INVESTMENTS Dividends Net appreciation/(diminution) in value of investment during the period (222,915) 8,424 (91,427) (380) Net income/(loss) before taxation (222,915) 8,424 (91,427) (178) Taxation Net income/(loss) after taxation (222,915) 8,424 (91,427) (178) VALUE OF FUND AS AT 30 JUNE ,601, ,808 2,328,196 12,811 The accompanying notes form an integral part of these financial statements. 289

296 FINANCIAL STATEMENTS Franklin Templeton Investment Funds (FTIF) Templeton Global Income Fund Franklin Templeton Investment Funds (FTIF) Templeton Global Total Return Fund (EUR) Capital Account For the year ended 30 June 2015 Franklin Templeton Investment Funds (FTIF) Templeton Global Total Return Fund (USD) Franklin Templeton Investment Funds (FTIF) Templeton Latin America Fund (USD) (EUR) (USD) (USD) VALUE OF FUND AS AT 30 JUNE ,185, ,694 4,838,443 1,039,633 Amount received by Fund 427, ,959 3,287, ,921 Amount paid by Fund (319,700) (301,418) (2,024,775) (334,949) Net amount received/(paid) by Fund 107,983 33,541 1,263,021 (140,028) INCOME ON INVESTMENTS Dividends Net appreciation/(diminution) in value of investment during the period (33,160) (10,268) (192,851) (252,526) Net income/(loss) before taxation (33,160) (10,268) (192,851) (252,526) Taxation Net income/(loss) after taxation (33,160) (10,268) (192,851) (252,526) VALUE OF FUND AS AT 30 JUNE ,260, ,967 5,908, ,079 The accompanying notes form an integral part of these financial statements

297 FINANCIAL STATEMENTS Capital Account For the year ended 30 June 2015 Threadneedle Investment Funds (TIF) Threadneedle American Fund Threadneedle Investment Funds (TIF) Threadneedle Asia Fund Threadneedle Investment Funds (TIF) Threadneedle Emerging Markets Bond Fund (USD) (USD) (USD) Threadneedle Investment Funds (TIF) Threadneedle Global Bond Fund (EUR) VALUE OF FUND AS AT 30 JUNE ,657, , ,660 51,007 Amount received by Fund 1,192, , ,898 39,417 Amount paid by Fund (945,358) (180,078) (135,026) (4,602) Net amount received/(paid) by Fund 247, ,230 6,872 34,815 INCOME ON INVESTMENTS Dividends Net appreciation/(diminution) in value of investment during the period 110,445 26,611 (25,226) 5,525 Net income/(loss) before taxation 110,445 26,611 (25,226) 5,525 Taxation Net income/(loss) after taxation 110,445 26,611 (25,226) 5,525 VALUE OF FUND AS AT 30 JUNE ,015, , ,306 91,347 The accompanying notes form an integral part of these financial statements. 291

298 FINANCIAL STATEMENTS Threadneedle Investment Funds (TIF) Threadneedle Pan European Fund Threadneedle Specialist Investment Funds (TSIF) Threadneedle Target Return Fund Capital Account For the year ended 30 June 2015 GrowthPath Portfolios GrowthPath Today GrowthPath Portfolios GrowthPath 2020 (EUR) (EUR) (SGD) (SGD) VALUE OF FUND AS AT 30 JUNE ,153 46, , ,072 Amount received by Fund 335,460 6, ,298 67,503 Amount paid by Fund (209,363) (20,374) (149,125) (41,824) Net amount received/(paid) by Fund 126,097 (13,630) 146,173 25,679 INCOME ON INVESTMENTS Dividends Net appreciation/(diminution) in value of investment during the period 44,981 1,903 3,224 8,473 Net income/(loss) before taxation 44,981 1,903 3,224 8,473 Taxation Net income/(loss) after taxation 44,981 1,903 3,224 8,473 VALUE OF FUND AS AT 30 JUNE ,231 34, , ,224 The accompanying notes form an integral part of these financial statements

299 FINANCIAL STATEMENTS Capital Account For the year ended 30 June 2015 GrowthPath Portfolios GrowthPath 2030 GrowthPath Portfolios GrowthPath 2040 United Emerging Markets Bond Fund (SGD) (SGD) (SGD) United SGD Fund (SGD) VALUE OF FUND AS AT 30 JUNE ,169 42,406 4,675 1,296,671 Amount received by Fund Amount paid by Fund Net amount received/(paid) by Fund 26,409 (105,809) (79,400) 295,862 (25,138) 270,724 9,135 (3,619) 5,516 1,283,210 (694,274) 588,936 INCOME ON INVESTMENTS Dividends Net appreciation/(diminution) in value of investment during the period 6,277 (4,149) (99) 35,692 Net income/(loss) before taxation 6,277 (4,149) ,692 Taxation Net income/(loss) after taxation 6,277 (4,149) ,692 VALUE OF FUND AS AT 30 JUNE , ,981 10,465 1,921,299 The accompanying notes form an integral part of these financial statements. 293

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301 FINANCIAL STATEMENTS Statement of Assets & Liabilities As at 30 June 2015 Aberdeen Global Asia Pacific Equity Fund Aberdeen Global Asian Local Currency Short Duration Bond Fund Aberdeen Global Australasian Equity Fund Aberdeen Global Chinese Equity Fund (USD) (USD) (AUD) (USD) UNIT TRUSTS VALUE OF INVESTMENTS OTHER ASSETS Other receivables TOTAL ASSETS OTHER LIABILITIES Other liabilities VALUE OF FUND AS AT 30 JUNE ,694, , ,115 2,263,671 6,694, , ,115 2,263, ,694, , ,115 2,263,676 (49,214) (1,211) (2,411) (15,233) 6,645, , ,704 2,248,443 Aberdeen Global Indian Equity Fund Aberdeen Global Select Emerging Markets Bond Fund Aberdeen Select Portfolio Aberdeen India Opportunities Fund Aberdeen Select Portfolio Aberdeen Pacific Equity Fund (USD) (USD) (SGD) (SGD) UNIT TRUSTS VALUE OF INVESTMENTS OTHER ASSETS Other receivables TOTAL ASSETS OTHER LIABILITIES Other liabilities VALUE OF FUND AS AT 30 JUNE ,801, ,868 64, ,115 3,801, ,868 64, , ,801, ,900 64, ,118 (19,680) (3,085) (19) (414) 3,781, ,815 64, ,704 The accompanying notes form an integral part of these financial statements. 295

302 Aberdeen Select Portfolio Aberdeen Singapore Equity Fund Aberdeen Select Portfolio Aberdeen Thailand Equity Fund Statement of Assets & Liabilities As at 30 June 2015 AllianceBernstein Developed Markets MultiAsset Income Portfolio AllianceBernstein Dynamic Diversified Portfolio (SGD) (USD) (USD) (USD) UNIT TRUSTS VALUE OF INVESTMENTS OTHER ASSETS Other receivables TOTAL ASSETS OTHER LIABILITIES Other liabilities VALUE OF FUND AS AT 30 JUNE ,378 1,129, , ,268 35,378 1,129, , , ,393 1,129, , ,332 (162) (5,794) (1,191) (1,768) 35,231 1,124, , ,564 AllianceBernstein Global Equity Blend Portfolio AllianceBernstein Global Growth Trends Portfolio AllianceBernstein Global Value Portfolio AllianceBernstein US Thematic Research Portfolio (USD) (USD) (USD) (USD) UNIT TRUSTS VALUE OF INVESTMENTS OTHER ASSETS Other receivables TOTAL ASSETS OTHER LIABILITIES Other liabilities VALUE OF FUND AS AT 30 JUNE ,202 59, , , ,202 59, , , , ,447 59, , ,083 (2,011) (545) (5,199) (3,951) 325,436 58, , ,132 The accompanying notes form an integral part of these financial statements. 296

303 FINANCIAL STATEMENTS Statement of Assets & Liabilities As at 30 June 2015 Allianz Global Investors Fund Allianz China Equity Fund (SGD) Allianz Global Investors Fund Allianz Global Sustainability Fund Allianz Global Investors Fund Allianz Oriental Income Fund (SGD) Amundi Funds Absolute Volatility Arbitrage (SGD) (EUR) (SGD) (EUR) UNIT TRUSTS VALUE OF INVESTMENTS OTHER ASSETS Other receivables TOTAL ASSETS OTHER LIABILITIES Other liabilities VALUE OF FUND AS AT 30 JUNE ,502 40,664 1,105 1,982 22,502 40,664 1,105 1, ,502 40,672 1,105 1,982 (14) (306) (6) (60) 22,488 40,366 1,099 1,922 Amundi Funds Absolute Volatility World Equities Amundi Funds Bond Global Amundi Islamic Amundi Islamic BRIC Quant Aviva Investors Asian Equity Income Fund (USD) (USD) (USD) (USD) UNIT TRUSTS VALUE OF INVESTMENTS OTHER ASSETS Other receivables TOTAL ASSETS OTHER LIABILITIES Other liabilities VALUE OF FUND AS AT 30 JUNE , , ,839 20, , , ,839 20, , , ,839 20,707 (666) (1,878) (1,032) (5) 109, , ,807 20,702 The accompanying notes form an integral part of these financial statements. 297

304 Statement of Assets & Liabilities As at 30 June 2015 Aviva Investors Emerging Europe Equity Fund Aviva Investors Emerging Markets Equity Income Fund BlackRock Global Funds Global SmallCap Fund BlackRock Global Funds Latin American Fund (EUR) (USD) (USD) (USD) UNIT TRUSTS VALUE OF INVESTMENTS OTHER ASSETS Other receivables TOTAL ASSETS OTHER LIABILITIES Other liabilities VALUE OF FUND AS AT 30 JUNE , ,268 2,408,005 1,942, , ,268 2,408,005 1,942, , , ,271 2,411,282 1,943,415 (2,082) (2,340) (13,902) (11,621) 444, ,931 2,397,380 1,931,794 BlackRock Global Funds New Energy Fund BlackRock Global Funds United Kingdom Fund BlackRock Global Funds World Gold Fund BlackRock Global Funds World Mining Fund (USD) (GBP) (USD) (USD) UNIT TRUSTS VALUE OF INVESTMENTS OTHER ASSETS Other receivables TOTAL ASSETS OTHER LIABILITIES Other liabilities VALUE OF FUND AS AT 30 JUNE ,314, ,737 2,615,806 2,754,494 1,314, ,737 2,615,806 2,754,494 5,837 3,090 1,524 1,320, ,737 2,618,896 2,756,018 (7,809) (1,299) (16,755) (15,308) 1,312, ,438 2,602,141 2,740,710 The accompanying notes form an integral part of these financial statements. 298

305 FINANCIAL STATEMENTS Statement of Assets & Liabilities As at 30 June 2015 Parvest Bond Best Selection World Emerging Parvest Bond Euro Parvest Bond World Parvest Equity Brazil (USD) (EUR) (USD) (USD) UNIT TRUSTS VALUE OF INVESTMENTS OTHER ASSETS Other receivables TOTAL ASSETS OTHER LIABILITIES Other liabilities VALUE OF FUND AS AT 30 JUNE ,922 83, , , ,922 83, , , ,970 83, , ,651 (732) (345) (1,213) (1,807) 159,238 83, , ,844 Parvest Equity Russia Parvest Equity World Materials Parvest Global Environment Parvest Money Market Euro (EUR) (EUR) (USD) (EUR) UNIT TRUSTS VALUE OF INVESTMENTS OTHER ASSETS Other receivables TOTAL ASSETS OTHER LIABILITIES Other liabilities VALUE OF FUND AS AT 30 JUNE ,243 61,155 26, , ,243 61,155 26, , ,264 61,178 26, ,079 (884) (367) (71) (1,011) 298,380 60,811 26, ,068 The accompanying notes form an integral part of these financial statements. 299

306 Statement of Assets & Liabilities As at 30 June 2015 Parvest Money Market USD Deutsche Noor Precious Metals Securities Fund Deutsche Singapore Equity Fund DWS Global Agribusiness (USD) (USD) (SGD) (EUR) UNIT TRUSTS VALUE OF INVESTMENTS OTHER ASSETS Other receivables TOTAL ASSETS OTHER LIABILITIES Other liabilities VALUE OF FUND AS AT 30 JUNE ,597, , , ,810 1,597, , , , ,597, , , ,810 (10,034) (686) (5,230) (2,036) 1,587, , , ,774 Fidelity Funds ASEAN Fund Fidelity Funds Asian Special Situations Fund Fidelity Funds Euro Blue Chip Fund Fidelity Funds Euro Stoxx 50 TM Fund (SGD) (USD) (EUR) (EUR) UNIT TRUSTS VALUE OF INVESTMENTS OTHER ASSETS Other receivables TOTAL ASSETS OTHER LIABILITIES Other liabilities VALUE OF FUND AS AT 30 JUNE ,054 1,383, ,389 42,928 5,054 1,383, ,389 42,928 22, ,054 1,406, ,787 42,928 (9,319) (1,928) (260) 5,054 1,396, ,859 42,668 The accompanying notes form an integral part of these financial statements. 300

307 FINANCIAL STATEMENTS Statement of Assets & Liabilities As at 30 June 2015 Fidelity Funds European Growth Fund Fidelity Funds European High Yield Fund Fidelity Funds Fidelity Portfolio Selector (FPS) Global Growth Fund Fidelity Funds Global Financial Services Fund (EUR) (EUR) (USD) (EUR) UNIT TRUSTS VALUE OF INVESTMENTS OTHER ASSETS Other receivables TOTAL ASSETS OTHER LIABILITIES Other liabilities VALUE OF FUND AS AT 30 JUNE , , , , , , , ,989 10, , , , ,012 (994) (600) (591) (1,133) 178, , , ,879 Fidelity Funds Global Technology Fund Fidelity Funds Global Telecommunications Fund Fidelity Funds Fidelity Funds Growth & Income International Fund Bond Fund (EUR) (EUR) (USD) (USD) UNIT TRUSTS VALUE OF INVESTMENTS OTHER ASSETS Other receivables TOTAL ASSETS OTHER LIABILITIES Other liabilities VALUE OF FUND AS AT 30 JUNE ,070 20, , , ,070 20, , , ,076 20, , ,175 (1,262) (143) (3,695) (382) 156,814 20, , ,793 The accompanying notes form an integral part of these financial statements. 301

308 Statement of Assets & Liabilities As at 30 June 2015 Fidelity Funds Korea Fund Fidelity Funds Pacific Fund Fidelity Funds Sterling Bond Fund Fidelity Funds Taiwan Fund (USD) (USD) (GBP) (USD) UNIT TRUSTS VALUE OF INVESTMENTS OTHER ASSETS Other receivables TOTAL ASSETS OTHER LIABILITIES Other liabilities VALUE OF FUND AS AT 30 JUNE , , , , , , , , , , , ,535 (477) (1,746) (2,403) (965) 216, , , ,570 Fidelity Funds United Kingdom Fidelity Funds US Fund Dollar Bond Fund First State Regional China Fund First State Singapore Growth Fund (GBP) (USD) (SGD) (SGD) UNIT TRUSTS VALUE OF INVESTMENTS OTHER ASSETS Other receivables TOTAL ASSETS OTHER LIABILITIES Other liabilities VALUE OF FUND AS AT 30 JUNE , ,320 2,587,697 1,874, , ,320 2,587,697 1,874, , , ,363 2,587,705 1,874,982 (813) (3,853) (15,772) (13,902) 136, ,510 2,571,933 1,861,080 The accompanying notes form an integral part of these financial statements. 302

309 FINANCIAL STATEMENTS Statement of Assets & Liabilities As at 30 June 2015 Henderson Horizon Fund (HHF) Euroland Fund Henderson Horizon Fund (HHF) Global Property Equities Fund Henderson Horizon Fund (HHF) Global Technology Fund Henderson Horizon Fund (HHF) Japanese Opportunities Fund (EUR) (USD) (USD) (USD) UNIT TRUSTS VALUE OF INVESTMENTS OTHER ASSETS Other receivables TOTAL ASSETS OTHER LIABILITIES Other liabilities VALUE OF FUND AS AT 30 JUNE , ,839 1,188, , , ,839 1,188, , , ,839 1,188, ,165 (837) (3,379) (4,922) (3,324) 187, ,460 1,183, ,841 Henderson Horizon Fund (HHF) Pan European Equity Fund Henderson Horizon Fund (HHF) Pan European Property Equities Fund JPMorgan Funds Emerging Europe, Middle East and Africa Equity Fund JPMorgan Funds Emerging Middle East Equity Fund (EUR) (EUR) (USD) (USD) UNIT TRUSTS VALUE OF INVESTMENTS OTHER ASSETS Other receivables TOTAL ASSETS OTHER LIABILITIES Other liabilities VALUE OF FUND AS AT 30 JUNE , , , ,725 4, , , , , , , ,730 (20) (1,300) (1,243) (251) 4, , , ,479 The accompanying notes form an integral part of these financial statements. 303

310 Statement of Assets & Liabilities As at 30 June 2015 JPMorgan Funds Global Dynamic Fund JPMorgan Funds Global Natural Resources Fund JPMorgan Funds JF India Fund JPMorgan Funds JF Taiwan Fund (USD) (USD) (USD) (USD) UNIT TRUSTS VALUE OF INVESTMENTS OTHER ASSETS Other receivables TOTAL ASSETS OTHER LIABILITIES Other liabilities VALUE OF FUND AS AT 30 JUNE , , ,357 40, , , ,357 40, , , ,357 40,917 (3,558) (6,007) (1,858) (36) 429, , ,499 40,881 Jupiter Global Fund Jupiter European Growth Jupiter Global Fund Jupiter Global Ecology Growth Jupiter Global Fund Jupiter Global Financials Jupiter Global Fund Jupiter India Select (EUR) (USD) (USD) (USD) UNIT TRUSTS VALUE OF INVESTMENTS OTHER ASSETS Other receivables TOTAL ASSETS OTHER LIABILITIES Other liabilities VALUE OF FUND AS AT 30 JUNE ,678 34, , , ,678 34, , , ,678 34, , ,378 (4,372) (7,865) (896) (22,338) 281,306 26, , ,040 The accompanying notes form an integral part of these financial statements. 304

311 FINANCIAL STATEMENTS Statement of Assets & Liabilities As at 30 June 2015 Legg Mason QS MV European Equity Growth and Income Fund Legg Mason Western Asset Asian Opportunities Fund Massachusetts Financial Services (MFS) Meridian Funds Global Equity Fund NN (L) Euro Equity (EUR) (SGD) (EUR) (EUR) UNIT TRUSTS VALUE OF INVESTMENTS OTHER ASSETS Other receivables TOTAL ASSETS OTHER LIABILITIES Other liabilities VALUE OF FUND AS AT 30 JUNE ,747 18, ,527 8,630 76,747 18, ,527 8, ,785 18, ,567 8,630 (473) (84) (3,657) (102) 76,312 18, ,910 8,528 NN (L) Euromix Bond PIMCO Funds: Global Investors Series plc (GIS plc) Emerging Markets Bond Fund PIMCO Funds: Global Investors Series plc (GIS plc) Global Bond Fund PIMCO Funds: Global Investors Series plc (GIS plc) Global Real Return Fund (EUR) (USD) (USD) (USD) UNIT TRUSTS VALUE OF INVESTMENTS OTHER ASSETS Other receivables TOTAL ASSETS OTHER LIABILITIES Other liabilities VALUE OF FUND AS AT 30 JUNE , , , ,349 42, , , , , , , ,363 (190) (4,607) (1,855) (2,579) 42, , , ,784 The accompanying notes form an integral part of these financial statements. 305

312 PIMCO Funds: Global Investors Series plc (GIS plc) Total Return Bond Fund PIMCO Funds: Global Investors Series plc (GIS plc) US High Yield Bond Statement of Assets & Liabilities As at 30 June 2015 Schroder Asian Growth Fund Schroder Global Emerging Market Opportunities Fund (USD) (USD) (USD) (SGD) UNIT TRUSTS VALUE OF INVESTMENTS OTHER ASSETS Other receivables TOTAL ASSETS OTHER LIABILITIES Other liabilities VALUE OF FUND AS AT 30 JUNE , ,854 1,948,378 42, , ,854 1,948,378 42, , ,873 1,948,389 42,656 (6,556) (3,913) (12,563) (18) 858, ,960 1,935,826 42,638 Schroder International Selection Fund (ISF) Asian Bond Absolute Return Schroder International Selection Fund (ISF) BRIC Schroder International Selection Fund (ISF) Emerging Markets Schroder International Selection Fund (ISF) Middle East (USD) (USD) (USD) (EUR) UNIT TRUSTS VALUE OF INVESTMENTS OTHER ASSETS Other receivables TOTAL ASSETS OTHER LIABILITIES Other liabilities VALUE OF FUND AS AT 30 JUNE ,292 1,398,067 2,650, , ,292 1,398,067 2,650, , ,300 1,398,067 2,650, ,523 (1,017) (7,384) (16,924) (1,030) 141,283 1,390,683 2,633, ,493 The accompanying notes form an integral part of these financial statements. 306

313 FINANCIAL STATEMENTS Statement of Assets & Liabilities As at 30 June 2015 Schroder International Selection Fund (ISF) UK Equity Schroder Multi Asset Revolution Franklin Templeton Investment Funds (FTIF) Franklin Biotechnology Discovery Fund Franklin Templeton Investment Funds (FTIF) Franklin European SmallMid Cap Growth Fund (GBP) (SGD) (USD) (EUR) UNIT TRUSTS VALUE OF INVESTMENTS OTHER ASSETS Other receivables TOTAL ASSETS OTHER LIABILITIES Other liabilities VALUE OF FUND AS AT 30 JUNE ,588 7,931 1,172, , ,588 7,931 1,172, ,699 1, ,588 7,931 1,173, ,699 (2,071) (52) (7,201) (1,469) 283,517 7,879 1,166, ,230 Franklin Templeton Investment Funds (FTIF) Franklin Global Real Estate Fund Franklin Templeton Investment Funds (FTIF) Franklin Mutual Beacon Fund Franklin Templeton Investment Funds (FTIF) Franklin Mutual Global Discovery Fund Franklin Templeton Investment Funds (FTIF) Franklin Strategic Income Fund (EUR) (USD) (USD) (USD) UNIT TRUSTS VALUE OF INVESTMENTS OTHER ASSETS Other receivables TOTAL ASSETS OTHER LIABILITIES Other liabilities VALUE OF FUND AS AT 30 JUNE , ,088 2, , , ,088 2, , , ,088 2, ,090 (968) (575) (25) (3,809) 142, ,513 2, ,281 The accompanying notes form an integral part of these financial statements. 307

314 Statement of Assets & Liabilities As at 30 June 2015 Franklin Templeton Investment Funds (FTIF) Templeton Asian Growth Fund Franklin Templeton Investment Funds (FTIF) Templeton European Fund Franklin Templeton Investment Funds (FTIF) Templeton Global Fund Franklin Templeton Investment Funds (FTIF) Templeton Global Bond Fund (USD) (EUR) (USD) (SGD) UNIT TRUSTS VALUE OF INVESTMENTS OTHER ASSETS Other receivables TOTAL ASSETS OTHER LIABILITIES Other liabilities VALUE OF FUND AS AT 30 JUNE ,617, ,468 2,344,882 12,822 2,617, ,468 2,344,882 12, ,617, ,477 2,344,906 12,822 (16,363) (669) (16,710) (11) 2,601, ,808 2,328,196 12,811 Franklin Templeton Investment Funds (FTIF) Templeton Global Income Fund Franklin Templeton Investment Funds (FTIF) Templeton Global Total Return Fund (EUR) Franklin Templeton Investment Funds (FTIF) Templeton Global Total Return Fund (USD) Franklin Templeton Investment Funds (FTIF) Templeton Latin America Fund (USD) (EUR) (USD) (USD) UNIT TRUSTS VALUE OF INVESTMENTS OTHER ASSETS Other receivables TOTAL ASSETS OTHER LIABILITIES Other liabilities VALUE OF FUND AS AT 30 JUNE ,268, ,425 5,953, ,570 1,268, ,425 5,953, , ,268, ,441 5,953, ,570 (7,870) (2,474) (44,654) (3,491) 1,260, ,967 5,908, ,079 The accompanying notes form an integral part of these financial statements. 308

315 FINANCIAL STATEMENTS Statement of Assets & Liabilities As at 30 June 2015 Threadneedle Investment Funds (TIF) Threadneedle American Fund Threadneedle Investment Funds (TIF) Threadneedle Asia Fund Threadneedle Investment Funds (TIF) Threadneedle Emerging Markets Bond Fund Threadneedle Investment Funds (TIF) Threadneedle Global Bond Fund (USD) (USD) (USD) (EUR) UNIT TRUSTS VALUE OF INVESTMENTS OTHER ASSETS Other receivables TOTAL ASSETS OTHER LIABILITIES Other liabilities VALUE OF FUND AS AT 30 JUNE ,028, , ,821 91,622 2,028, , ,821 91, ,028, , ,823 91,623 (13,027) (6,013) (2,517) (276) 2,015, , ,306 91,347 Threadneedle Threadneedle Specialist Investment Investment Funds Funds (TSIF) (TIF) Threadneedle Threadneedle Pan European Fund Target Return Fund GrowthPath Portfolios GrowthPath Today GrowthPath Portfolios GrowthPath 2020 (EUR) (EUR) (SGD) (SGD) UNIT TRUSTS VALUE OF INVESTMENTS OTHER ASSETS Other receivables TOTAL ASSETS OTHER LIABILITIES Other liabilities VALUE OF FUND AS AT 30 JUNE ,337 35, , , ,337 35, , , ,348 35, , ,885 (2,117) (321) (3,623) (2,661) 374,231 34, , ,224 The accompanying notes form an integral part of these financial statements. 309

316 Statement of Assets & Liabilities As at 30 June 2015 GrowthPath Portfolios GrowthPath 2030 GrowthPath Portfolios GrowthPath 2040 United Emerging Markets Bond Fund United SGD Fund (SGD) (SGD) (SGD) (SGD) UNIT TRUSTS VALUE OF INVESTMENTS OTHER ASSETS Other receivables TOTAL ASSETS OTHER LIABILITIES Other liabilities VALUE OF FUND AS AT 30 JUNE , ,830 10,496 1,934, , ,830 10,496 1,934, , ,831 10,496 1,934,683 (2,422) (1,850) (31) (13,384) 282, ,981 10,465 1,921,299 The accompanying notes form an integral part of these financial statements. 310

317 FINANCIAL STATEMENTS NOTES TO THE FINANCIAL STATEMENTS These notes form an integral part of and should be read in conjunction with the financial statements: 1. Summary of significant accounting policies 1.1 The financial statements are prepared under the historical cost convention except for investments, which are stated at the market value. 1.2 Interest income from investments is recognised on an accrual basis. Dividends are credited to income when the right to receive payment is established. 1.3 Unit trust investments are valued at the closing market prices as at 30 June At 30 June 2015, there were no contingent liabilities or commitments. 1.5 The financial statements are stated in the foreign currencies of the respective underlying funds. 1.6 Monetary assets and liabilities in foreign currencies are translated into the presentation currency at exchange rates approximating to those ruling at the balance sheet date. Transactions in foreign currencies are translated at rates ruling on transaction dates. Exchange differences are taken to the Capital Account under net appreciation/(diminution) in value of investments during the period. 1.7 The cost of disposal of investment is determined on the average cost basis. All gains and losses are taken to the Capital Account and recognised in net appreciation/(diminution) in value of investments during the period. 1.8 Tax deducted at source is charged to the Capital Account. Any recoveries of tax deducted at source are credited to the Capital Account when received. 2. Number of issued units available for redemption at 30 June 2015: Fund Name Aberdeen Global Asia Pacific Equity Fund Aberdeen Global Asian Local Currency Short Duration Bond Fund Aberdeen Global Australasian Equity Fund Aberdeen Global Chinese Equity Fund Aberdeen Global Indian Equity Fund Aberdeen Global Select Emerging Markets Bond Fund Aberdeen Select Portfolio Aberdeen India Opportunities Fund Aberdeen Select Portfolio Aberdeen Pacific Equity Fund Aberdeen Select Portfolio Aberdeen Singapore Equity Fund Aberdeen Select Portfolio Aberdeen Thailand Equity Fund AllianceBernstein Developed Markets MultiAsset Income Portfolio AllianceBernstein Dynamic Diversified Portfolio AllianceBernstein Global Equity Blend Portfolio AllianceBernstein Global Growth Trends Portfolio AllianceBernstein Global Value Portfolio Number of units 91,812 26,454 10,866 89,731 28,583 17,066 20,568 60,327 7, ,428 14,291 22,777 20,138 1,001 47,

318 Fund Name AllianceBernstein US Thematic Research Portfolio Allianz Global Investors Fund Allianz China Equity Fund (SGD) Allianz Global Investors Fund Allianz Global Sustainability Fund Allianz Global Investors Fund Allianz Oriental Income Fund (SGD) Amundi Funds Absolute Volatility Arbitrage Amundi Funds Absolute Volatility World Equities Amundi Funds Bond Global Amundi Islamic Amundi Islamic BRIC Quant Aviva Investors Asian Equity Income Fund Aviva Investors Emerging Europe Equity Fund Aviva Investors Emerging Markets Equity Income Fund BlackRock Global Funds Global SmallCap Fund BlackRock Global Funds Latin American Fund BlackRock Global Funds New Energy Fund BlackRock Global Funds United Kingdom Fund BlackRock Global Funds World Gold Fund BlackRock Global Funds World Mining Fund Parvest Bond Best Selection World Emerging Parvest Bond Euro Parvest Bond World Parvest Equity Brazil Parvest Equity Russia Parvest Equity World Materials Parvest Global Environment Parvest Money Market Euro Parvest Money Market USD Deutsche Noor Precious Metals Securities Fund Deutsche Singapore Equity Fund DWS Global Agribusiness Fidelity Funds ASEAN Fund Fidelity Funds Asian Special Situations Fund Fidelity Funds Euro Blue Chip Fund Fidelity Funds Euro Stoxx 50 TM Fund Fidelity Funds European Growth Fund Fidelity Funds European High Yield Fund Fidelity Funds Fidelity Portfolio Selector (FPS) Global Growth Fund Fidelity Funds Global Financial Services Fund Fidelity Funds Global Technology Fund Fidelity Funds Global Telecommunications Fund Number of units 32,619 1,631 1, ,442 2,284 3,434 94, ,464 26,081 32, ,319 2, ,541 86, ,221 3, , , ,819 2,260 2,987 35,263 11,918 4,003 12,244 29,211 4,878 4,713 11,738 1,

319 Fund Name Fidelity Funds Growth & Income Fund Fidelity Funds International Bond Fund Fidelity Funds Korea Fund Fidelity Funds Pacific Fund Fidelity Funds Sterling Bond Fund Fidelity Funds Taiwan Fund Fidelity Funds United Kingdom Fund Fidelity Funds US Dollar Bond Fund First State Regional China Fund First State Singapore Growth Fund Henderson Horizon Fund (HHF) Euroland Fund Henderson Horizon Fund (HHF) Global Property Equities Fund Henderson Horizon Fund (HHF) Global Technology Fund Henderson Horizon Fund (HHF) Japanese Opportunities Fund Henderson Horizon Fund (HHF) Pan European Equity Fund Henderson Horizon Fund (HHF) Pan European Property Equities Fund JPMorgan Funds Emerging Europe, Middle East and Africa Equity Fund JPMorgan Funds Emerging Middle East Equity Fund JPMorgan Funds Global Dynamic Fund JPMorgan Funds Global Natural Resources Fund JPMorgan Funds JF India Fund JPMorgan Funds JF Taiwan Fund Jupiter Global Fund Jupiter European Growth Jupiter Global Fund Jupiter Global Ecology Growth Jupiter Global Fund Jupiter Global Financials Jupiter Global Fund Jupiter India Select Legg Mason QS MV European Equity Growth and Income Fund Legg Mason Western Asset Asian Opportunities Fund Massachusetts Financial Services (MFS) Meridian Funds Global Equity Fund NN (L) Euro Equity NN (L) Euromix Bond PIMCO Funds: Global Investors Series plc (GIS plc) Emerging Markets Bond Fund PIMCO Funds: Global Investors Series plc (GIS plc) Global Bond Fund PIMCO Funds: Global Investors Series plc (GIS plc) Global Real Return Fund PIMCO Funds: Global Investors Series plc (GIS plc) Total Return Bond Fund PIMCO Funds: Global Investors Series plc (GIS plc) US High Yield Bond Fund Schroder Asian Growth Fund Schroder Global Emerging Market Opportunities Fund Number of units 30,322 88,648 10,976 9, ,018 13,017 51,063 97, , ,053 4,274 26,056 23,262 37, ,309 5,900 4,234 23, ,941 32,807 2,479 10,025 2,695 17,114 3, ,441 22, ,821 13,039 25,288 34,514 23, ,004 51,

320 Fund Name Schroder International Selection Fund (ISF) Asian Bond Absolute Return Schroder International Selection Fund (ISF) BRIC Schroder International Selection Fund (ISF) Emerging Markets Schroder International Selection Fund (ISF) Middle East Schroder International Selection Fund (ISF) UK Equity Schroder Multi Asset Revolution Franklin Templeton Investment Funds (FTIF) Franklin Biotechnology Discovery Fund Franklin Templeton Investment Funds (FTIF) Franklin European SmallMid Cap Growth Fund Franklin Templeton Investment Funds (FTIF) Franklin Global Real Estate Fund Franklin Templeton Investment Funds (FTIF) Franklin Mutual Beacon Fund Franklin Templeton Investment Funds (FTIF) Franklin Mutual Global Discovery Fund Franklin Templeton Investment Funds (FTIF) Franklin Strategic Income Fund Franklin Templeton Investment Funds (FTIF) Templeton Asian Growth Fund Franklin Templeton Investment Funds (FTIF) Templeton European Fund Franklin Templeton Investment Funds (FTIF) Templeton Global Fund Franklin Templeton Investment Funds (FTIF) Templeton Global Bond Fund Franklin Templeton Investment Funds (FTIF) Templeton Global Income Fund Franklin Templeton Investment Funds (FTIF) Templeton Global Total Return Fund (EUR) Franklin Templeton Investment Funds (FTIF) Templeton Global Total Return Fund (USD) Franklin Templeton Investment Funds (FTIF) Templeton Latin America Fund Threadneedle Investment Funds (TIF) Threadneedle American Fund Threadneedle Investment Funds (TIF) Threadneedle Asia Fund Threadneedle Investment Funds (TIF) Threadneedle Emerging Markets Bond Fund Threadneedle Investment Funds (TIF) Threadneedle Global Bond Fund Threadneedle Investment Funds (TIF) Threadneedle Pan European Fund Threadneedle Specialist Investment Funds (TSIF) Threadneedle Target Return Fund GrowthPath Portfolios GrowthPath Today GrowthPath Portfolios GrowthPath 2020 GrowthPath Portfolios GrowthPath 2030 GrowthPath Portfolios GrowthPath 2040 United Emerging Markets Bond Fund United SGD Fund Number of units 10,893 7, ,057 11,372 62,311 6,010 31,248 5,938 9,706 1, ,297 77,488 6,754 59,196 1,010 66,211 16, ,465 12, , , ,086 62, ,581 28, , , , ,797 7,746 1,106,

321 INDEPENDENT AUDITOR S REPORT INDEPENDENT AUDITOR S REPORT TO AVIVA LTD We have audited the accompanying financial statements of the investmentlinked subfunds (the ILP Sub Funds ) of Aviva Ltd ( the Company ) which comprise the Statement of Assets and Liabilities as at 30 June 2015, the Capital Account for the period from 1 July 2014 to 30 June 2015, and Notes to the Financial Statements presented within pages 263 to 314 ( the Statements ). The Statements have been prepared by management based on the summary of significant accounting policies set out in Note 1. The Statements do not include the Market review and investment outlook and Fund information ( other disclosures ) in respect of each fund that are also incorporated within pages 1 to 262. The other disclosures have not been subject to our audit. MANAGEMENT S RESPONSIBILITY FOR THE STATEMENTS Management is responsible for the preparation of the Statements in accordance with the accounting policies set out in Note 1. This includes determining that these accounting policies form an acceptable basis for the preparation of the Statements in the circumstances, and for such internal control as management determines is necessary to enable the preparation of Statements that are free from material misstatement, whether due to fraud or error. AUDITOR S RESPONSIBILITY Our responsibility is to express an opinion on the Statements based on our audit. We conducted our audit in accordance with Singapore Standards on Auditing. Those standards require that we comply with ethical requirements and plan and perform the audit to obtain reasonable assurance about whether the Statements are free from material misstatement. An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the Statements. The procedures selected depend on the auditor s judgement, including the assessment of the risks of material misstatement of the Statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entity s preparation of the Statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity s internal control. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of accounting estimates made by management, as well as evaluating the overall presentation of the Statements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion. OPINION In our opinion, the Statements of the ILP SubFunds are prepared, in all material respects, in accordance with the accounting policies as set out in Note 1. BASIS OF ACCOUNTING AND RESTRICTION OF DISTRIBUTION AND USE Without modifying our opinion, we draw attention to Note 1 to the Statements, which describes the basis of accounting. The Statements are prepared to assist the Company to comply with MAS Notice 307 Investment Linked Life Insurance Policies. As a result, the Statements may not be suitable for another purpose. Our report is intended solely for the use of the Company and our duties are owed solely to the Company. We do not accept responsibility and we expressly disclaim liability for loss occasioned to any third party acting or refraining from acting as a result of our report. OTHER MATTERS This report relates solely to the Statements of the ILP SubFunds of the Company, and does not extend to the Statements of the Company taken as a whole. PricewaterhouseCoopers LLP Public Accountants and Chartered Accountants Singapore, 17 September

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