How to read these tables: This guide is produced to provide investors in existing CPPI/Threshold Managed Capital Protected Products with an at a glance overview of whether they are participating in the initial allocation to equities. Where possible, we have estimated the most recent break costs for an investment loan. These projections are for investors with a variable rate loan. Investors with no loan are likely to be better off switching than illustrated. Investors with a fixed rate loan are likely to be worse off than illustrated.
Investors should request an individual illustration from their provider before cashing in their investment.
Red = Redemption is likely to be beneficial
At a Glance Guide to CPPI Redemption
Amber = Redemption is likely to be beneficial, greater care needed
Green = Stay with product likely to be more beneficial
CPPI/Threshold Managed Investments
Last updated: 6th September 2010
Overall gain/loss at maturity^
Investment Loan
Participation Switch to Switch to 100% rate in Overall alternative alternative Protection ‐ Current underlying gain/loss on Remain in Switch to term term Equivalent variable managed Redeem or early current alternative deposit deposit return to interest fund
Stay
redemption
fund
investment (zero tax) (46.5% tax) break even
rate
Break costs of variable Maturity Unit Unit prices, as date
price
of ...
loan*
HFA Series
Octane Fund (Series 1)†
Octane Fund Series 2†
Octane Asia**
Octane Asia
Octane Global Fund ‐ Asia
Octane Global Fund ‐ US
Octane Global Fund ‐ Europe
Octane 5 Fund
ANZ Discovery Asia Fund
0%
0%
0%
55%
55%
55%
93%
0%
Stay
Stay
Redeem
Stay
Stay
Stay
Stay
Redeem
‐26%
‐30%
‐24%
24%
‐25%
‐26%
‐26%
‐8%
‐22%
0%
0%
0%
10%
9%
9%
60%
0%
‐9%
‐7%
8%
17%
15%
15%
56%
31%
‐14%
‐13%
‐1%
1%
6%
5%
5%
40%
17%
‐20%
‐21%
‐12%
12%
‐10%
‐11%
‐11%
16%
‐3%
11.8%
10.4%
6.0%
N/A
N/A
N/A
N/A
4.3%
7.655% f
7.835% f
8.45% f
9.05% f
9.05% f
9.05% f
11.45% f
7.15%
1.9%
2.1%
2.6%
3.4%
3.4%
3.4%
4.0%
0.0%
Dec‐12
0.76
30/06/2010
Sep‐13
0.73
30/06/2010
Jun‐14
Jun
14
0.79
30/06/2010
Jul‐15
0.78
31/05/2010
Jul‐15
0.77
31/05/2010
Jul‐15
0.77
31/05/2010
Jul‐16
0.96
30/06/2010
Jul‐16
0.78
30/06/2010
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
Redeem
Redeem
Redeem
Redeem
Redeem
Redeem
Redeem
Redeem
Redeem
Redeem
Redeem
Redeem
Redeem
‐11%
‐12%
‐12%
‐11%
11%
‐10%
‐10%
‐11%
‐10%
‐9%
‐10%
‐10%
‐9%
‐9%
7%
6%
6%
5%
6%
6%
5%
6%
7%
6%
6%
7%
7%
23%
21%
21%
23%
24%
24%
23%
24%
26%
24%
24%
26%
26%
13%
12%
12%
13%
15%
15%
13%
15%
16%
15%
15%
16%
16%
1%
0%
0%
1%
3%
3%
1%
3%
4%
3%
3%
4%
4%
3.2%
3.5%
3.5%
3 2%
3.2%
2.9%
2.9%
3.2%
2.9%
2.6%
2.9%
2.9%
2.6%
2.6%
9.30%
9.30%
9.30%
9 30%
9.30%
9.30%
9.30%
9.30%
9.30%
9.30%
9.30%
9.30%
9.30%
9.30%
1.1%
1.1%
1.1%
1 1%
1.1%
1.1%
1.1%
1.1%
1.1%
1.1%
1.1%
1.1%
1.1%
1.1%
May‐14
0.92
31/08/2010
May‐14
0.91
31/08/2010
May‐14
0.91
31/08/2010
May 14
May‐14
0
0.90
90
31/08/2010
May‐14
0.91
31/08/2010
May‐14
0.91
31/08/2010
May‐14
0.90
31/08/2010
May‐14
0.91
31/08/2010
May‐14
0.92
31/08/2010
May‐14
0.91
31/08/2010
May‐14
0.91
31/08/2010
May‐14
0.92
31/08/2010
May‐14
0.92
31/08/2010
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
Redeem
Redeem
Redeem
Redeem
Redeem
Redeem
Redeem
Redeem
Redeem
Redeem
‐13%
‐12%
‐13%
‐15%
‐14%
‐13%
‐13%
‐19%
‐12%
‐12%
12%
6%
7%
6%
4%
5%
6%
6%
0%
7%
7%
30%
32%
30%
27%
29%
30%
30%
21%
32%
32%
19%
21%
19%
17%
18%
19%
19%
11%
21%
21%
3%
5%
3%
1%
2%
3%
3%
‐4%
5%
5%
3.0%
2.7%
3.0%
3.5%
3.2%
3.0%
3.0%
4.6%
2.7%
2 7%
2.7%
9.30%
9.30%
9.30%
9.30%
9.30%
9.30%
9.30%
9.30%
9.30%
9 30%
9.30%
0.8%
0.8%
0.8%
0.8%
0.8%
0.8%
0.8%
0.8%
0.8%
0 8%
0.8%
Apr‐15
0.88
31/08/2010
Apr‐15
0.89
31/08/2010
Apr‐15
0.88
31/08/2010
Apr‐15
0.86
31/08/2010
Apr‐15
0.87
31/08/2010
Apr‐15
0.88
31/08/2010
Apr‐15
0.88
31/08/2010
Apr‐15
0.82
31/08/2010
Apr‐15
0.89
31/08/2010
A 15
Apr‐15
0.89
0 89
31/08/2010
100%
25%
0%
0%
39%
0%
0%
52%
0%
0%
0%
0%
0%
30%
100%
100%
25%
0%
0%
0%
Stay
Redeem
Redeem
Redeem
Redeem
Redeem
Redeem
Redeem
Redeem
Redeem
Redeem
Redeem
Redeem
Redeem
Stay
Stay
Redeem
Redeem
R
Redeem
d
Redeem
5%
‐14%
‐13%
‐17%
‐12%
‐15%
‐16%
‐11%
‐14%
‐16%
‐24%
‐17%
‐17%
‐13%
9%
29%
‐13%
‐16%
‐15%
15%
‐24%
60%
12%
7%
2%
18%
4%
3%
23%
5%
3%
0%
2%
2%
14%
66%
96%
13%
3%
4%
0%
58%
29%
31%
25%
32%
28%
26%
34%
29%
26%
14%
25%
25%
31%
64%
94%
31%
26%
28%
14%
44%
18%
19%
14%
21%
17%
15%
22%
18%
15%
4%
14%
14%
19%
50%
77%
19%
15%
17%
4%
25%
2%
3%
‐1%
5%
1%
0%
6%
2%
0%
‐10%
‐1%
‐1%
3%
29%
53%
3%
0%
1%
‐10%
‐1.0%
3.2%
3.0%
4.0%
2.7%
3.5%
3.8%
2.5%
3.2%
3.8%
6.0%
4.0%
4.0%
3.0%
N/A
N/A
3.0%
3.8%
3
3.5%
5%
6.0%
9.30%
9.30%
9.30%
9.30%
9.30%
9.30%
9.30%
9.30%
9.30%
9.30%
9.30%
9.30%
9.30%
9.30%
9.30%
9.30%
9.30%
9.30%
9.30%
9 30%
9.30%
1.1%
1.1%
1.1%
1.1%
1.1%
1.1%
1.1%
1.1%
1.1%
1.1%
1.1%
1.1%
1.1%
1.1%
1.1%
1.1%
1.1%
1.1%
1
1.1%
1%
1.1%
May‐15
1.06
31/08/2010
May‐15
0.87
31/08/2010
May‐15
0.88
31/08/2010
May‐15
0.84
31/08/2010
May‐15
0.89
31/08/2010
May‐15
0.86
31/08/2010
May‐15
0.85
31/08/2010
May‐15
0.90
31/08/2010
May‐15
0.87
31/08/2010
May‐15
0.85
31/08/2010
May‐15
0.77
31/08/2010
May‐15
0.84
31/08/2010
May‐15
0.84
31/08/2010
May‐15
0.88
31/08/2010
May‐15
1.10
31/08/2010
May‐15
1.30
31/08/2010
May‐15
0.88
31/08/2010
May‐15
0.85
31/08/2010
May‐15
0.86
31/08/2010
/ /
May‐15
0.77
31/08/2010
37%
31%
37%
49%
68%
52%
33%
Redeem
Redeem
Redeem
Redeem
Stay
Redeem
Redeem
‐5%
‐7%
‐6%
‐1%
6%
0%
‐5%
5%
19%
16%
18%
27%
40%
29%
19%
31%
28%
30%
37%
46%
38%
31%
21%
18%
20%
26%
35%
27%
21%
8%
6%
7%
13%
21%
14%
8%
N/A
N/A
N/A
N/A
N/A
N/A
N/A
9.30%
9.30%
9.30%
9.30%
9.30%
9.30%
9 30%
9.30%
1.1%
1.1%
1.1%
1.1%
1.1%
1.1%
1 1%
1.1%
May‐14
0.96
31/08/2010
May‐14
0.94
31/08/2010
May‐14
0.95
31/08/2010
May‐14
1.00
31/08/2010
May‐14
1.07
31/08/2010
May‐14
1.01
31/08/2010
May 14
May‐14
0 96
0.96
31/08/2010
Perpetual Protected Investments Series 1
Ausbil Australian Active Equity Fund Ausbil Australian Emerging Leaders Fund AXA Wholesale Global Equity Value Fund BlackRock Global Allocation Fund (Aus ) Class D
BlackRock Global Allocation Fund (Aus.) Class D
Colonial First State W'sale Global Resources
Macquarie Int. Infrastructure Securities Fund Perennial Global Property Trust Perennial Growth Australian Shares Trust Perpetual Wholesale Australian Fund Perpetual Wholesale International Share Fund PM CAPITAL Absolute Performance Fund T. Rowe Price Global Equity Fund UBS Australian Share Fund Perpetual Protected Investments Series 2
Aberdeen Asian Opportunities Fund Ausbil Australian Active Equity Fund Ausbil Australian Emerging Leaders Fund AXA Wholesale Global Equity Value Fund Colonial First State W'sale Global Resources
GVI Global Industrial Share Fund Macquarie Int. Infrastructure Securities Fund Perennial Global Property Trust Perpetual Wholesale Australian Fund Schroder Wholesale Australian Equity Fund
Schroder Wholesale Australian Equity Fund Perpetual Protected Investments Series 3
Aberdeen Asian Opportunities Fund
Ausbil Australian Active Equity Fund
Ausbil Australian Emerging Leaders Fund AXA Wholesale Global Equity Value Fund BlackRock Global Allocation Fund Class D Units
Challenger Wholesale Australian Share Fund Colonial First State W'sale Global Resources
DWS Global Equity Thematic Fund
GVI Global Industrial Share Fund Macquarie Int. Infrastructure Securities Fund Perennial Global Property Trust Perpetual Wholesale Australian Fund Perpetual Wholesale Ethical SRI Fund Perpetual Wholesale International Fund
Platinum Asia Fund 1
Premium China Fund 1
Schroders Wholesale Australian Equity Fund
T Rowe Price Global Equity Fund V
Vanguard Australian Share Index Fund d A t li Sh
I d F d
Vanguard International Share Index Fund Series 1 & 2 Fund Participation Offer
Perpetual Protected Investments Series 1
Ausbil Australian Active Equity Fund Ausbil Australian Emerging Leaders Fund AXA Wholesale Global Equity Value Fund Colonial First State W'sale Global Resources
Macquarie Int. Infrastructure Securities Fund Perennial Global Property Wholesale Trust
Perennial W'sale Growth Aus. Shares Trust Perennial W'sale Growth Aus Shares Trust
Red = Redemption is likely to be beneficial
At a Glance Guide to CPPI Redemption
Amber = Redemption is likely to be beneficial, greater care needed
Green = Stay with product likely to be more beneficial
CPPI/Threshold Managed Investments
Last updated: 6th September 2010
Overall gain/loss at maturity^
Investment Loan
Participation Switch to Switch to 100% rate in Overall alternative alternative Protection ‐ Current underlying gain/loss on Remain in Switch to term term Equivalent variable g
y
p
p
managed Redeem or early current alternative deposit deposit return to interest fund
Stay
redemption
fund
investment (zero tax) (46.5% tax) break even
rate
Break costs of variable Maturity Unit Unit prices, as date
price
of ...
loan*
Series 1 & 2 Fund Participation Offer
Perpetual Protected Investments Series 1
51%
30%
45%
Redeem
Redeem
Redeem
‐2%
‐7%
‐4%
26%
16%
22%
35%
28%
33%
25%
18%
22%
12%
6%
9%
N/A
N/A
N/A
9.30%
9.30%
9.30%
1.1%
1.1%
1.1%
May‐14
0.99
31/08/2010
May‐14
0.94
31/08/2010
May‐14
0.97
31/08/2010
32%
32%
41%
59%
57%
Redeem
Redeem
Redeem
Redeem
Redeem
‐9%
‐9%
‐4%
‐4%
‐4%
19%
19%
29%
33%
33%
36%
36%
44%
44%
44%
25%
25%
32%
32%
32%
8%
8%
14%
14%
14%
N/A
N/A
N/A
N/A
N/A
9.30%
9.30%
9 30%
9.30%
9.30%
9.30%
0.8%
0.8%
0 8%
0.8%
0.8%
0.8%
Apr‐15
0.92
31/08/2010
Apr‐15
0.92
31/08/2010
Apr‐15
0 97
0.97
31/08/2010
Apr‐15
0.97
31/08/2010
Apr‐15
0.97
31/08/2010
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
Stay
Stay
Stay
Stay
Stay
Stay
Stay
Stay
Stay
Stay
Stay
Stay
Stay
Stay
Stay
24%
19%
25%
12%
20%
21%
24%
11%
6%
10%
20%
22%
3%
2%
1%
81%
74%
83%
65%
76%
77%
82%
63%
56%
62%
76%
79%
52%
50%
48%
79%
72%
82%
63%
74%
76%
80%
61%
54%
60%
75%
77%
50%
48%
46%
64%
58%
66%
49%
60%
61%
65%
47%
41%
46%
60%
62%
37%
36%
34%
44%
38%
46%
31%
40%
41%
45%
29%
24%
29%
40%
42%
21%
19%
18%
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
8.70%
8.70%
8.70%
8.70%
8.70%
8 70%
8.70%
8.70%
8.70%
8.70%
8.70%
8.70%
8.70%
8.70%
8.70%
8.70%
1.1%
1.1%
1.1%
1.1%
1.1%
1 1%
1.1%
1.1%
1.1%
1.1%
1.1%
1.1%
1.1%
1.1%
1.1%
1.1%
Nov‐14
1.25
30/07/2010
Nov‐14
1.20
30/07/2010
Nov‐14
1.26
30/07/2010
Nov‐14
1.13
30/07/2010
Nov‐14
1.21
30/07/2010
Nov 14
Nov‐14
1 22
1.22
30/07/2010
Nov‐14
1.25
30/07/2010
Nov‐14
1.12
30/07/2010
Nov‐14
1.07
30/07/2010
Nov‐14
1.11
30/07/2010
Nov‐14
1.21
30/07/2010
Nov‐14
1.23
30/07/2010
Nov‐14
1.05
30/07/2010
Nov‐14
1.03
30/07/2010
Nov‐14
1.02
30/07/2010
Ausbil Australian Active Equity Fund
Ausbil Australian Emerging Leaders Fund
BT Wholesale Core Australian Share Fund
Colonial First State W'sale Global Resources
DWS Global Equity Agribusiness Fund
Perpetual's Wholesale Australian Fund
Platinum Asia Fund
Platinum International Fund
Premium China Fund
Vanguard Australian Shares Index Fund
Vanguard Australian Shares Index Fund
Vanguard Int. Shares Index Fund (Hedged)
Vanguard Property Securities Index Fund
Walter Scott Global Equity Fund
100%
60%
100%
77%
100%
100%
100%
100%
100%
100%
100%
26%
76%
Stay
Redeem
Stay
Stay
Stay
Stay
Stay
Stay
Stay
Stay
Stay
Redeem
Stay
32%
45%
29%
52%
64%
40%
47%
15%
40%
25%
13%
‐14%
‐3%
94%
97%
89%
114%
140%
105%
115%
68%
105%
83%
66%
10%
36%
92%
110%
87%
121%
138%
103%
113%
67%
103%
81%
65%
25%
40%
76%
93%
71%
102%
118%
86%
95%
52%
86%
66%
51%
14%
28%
54%
69%
50%
78%
92%
63%
71%
34%
63%
46%
32%
0%
13%
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
9.90%
9.90%
9.90%
9.90%
9.90%
9.90%
9.90%
9.90%
9.90%
9 90%
9.90%
9.90%
9.90%
9.90%
1.2%
1.2%
1.2%
1.2%
1.2%
1.2%
1.2%
1.2%
1.2%
1 2%
1.2%
1.2%
1.2%
1.2%
Nov‐14
1.33
30/07/2010
Nov‐14
1.46
30/07/2010
Nov‐14
1.30
30/07/2010
Nov‐14
1.53
30/07/2010
Nov‐14
1.65
30/07/2010
Nov‐14
1.41
30/07/2010
Nov‐14
1.48
30/07/2010
Nov‐14
1.16
30/07/2010
Nov‐14
1.41
30/07/2010
Nov 14
Nov‐14
1 26
1.26
30/07/2010
Nov‐14
1.15
30/07/2010
Nov‐14
0.87
30/07/2010
Nov‐14
0.98
30/07/2010
Jun‐08
Aberdeen Asian Opportunities Fund
Ausbil Australian Active Equity Fund
Ausbil Australian Emerging Leaders Fund
Axa's Wholesale Global Equity Value Fund
BT Wholesale Core Australian Share Fund
Challenger Wholesale Australian Share Fund
Colonial First State W'sale Global Resources
DWS Global Equity Thematic Fund
DWS Global Equity Agribusiness Fund
Eley Griffiths Group Small Companies Fund
GVI Global Industrial Share Fund
Perennial Global Property Trust
Macquarie‐Globalis BRIC Ad'ge Fund (Hedged)
Macquarie Int. Infrastructure Securities Fund
BlackRock (Merrill Lynch) Global Allocation
Perpetual's Wholesale Australian Fund
Perpetual's Wholesale Australian Fund
Platinum Asia Fund
Platinum International Fund
Premium China Fund
Russell Emerging Markets Fund
Van Eyk Blueprint Australian Shares Fund
Vanguard Australian Shares Index Fund
Vanguard Int. Shares Index Fund (Hedged)
Vanguard Property Securities Index Fund
Walter Scott Global Equity Fund
78%
5%
7%
4%
6%
4%
%
5%
26%
5%
4%
4%
5%
13%
15%
6%
15%
77%
100%
100%
20%
6%
5%
6%
4%
58%
Stay
Redeem
Redeem
Redeem
Redeem
Redeem
d
Redeem
Redeem
Redeem
Redeem
Redeem
Stay
Redeem
Redeem
Redeem
Redeem
Stay
Stay
Stay
Redeem
Redeem
Redeem
Redeem
Redeem
Stay
7%
‐12%
‐13%
‐13%
‐13%
‐13%
‐14%
‐9%
‐16%
‐12%
‐12%
‐24%
‐12%
‐12%
‐13%
‐11%
11%
7%
22%
19%
‐10%
‐13%
‐12%
‐13%
‐14%
‐1%
36%
1%
0%
0%
1%
‐1%
‐1%
8%
0%
0%
0%
0%
3%
3%
0%
4%
36%
58%
54%
5%
0%
1%
0%
‐1%
22%
38%
13%
12%
12%
12%
11%
11%
17%
8%
13%
13%
‐2%
14%
14%
12%
14%
38%
56%
53%
16%
12%
13%
12%
11%
27%
29%
5%
4%
5%
5%
4%
3%
9%
1%
5%
5%
‐8%
6%
6%
5%
7%
29%
46%
43%
8%
5%
5%
5%
4%
19%
18%
‐3%
‐4%
‐4%
‐3%
‐4%
‐5%
1%
‐7%
‐3%
‐3%
‐16%
‐2%
‐2%
‐4%
‐2%
2%
18%
34%
31%
‐1%
‐4%
‐3%
‐4%
‐5%
9%
N/A
4.7%
4.9%
4.8%
4.7%
5.0%
5.3%
3.3%
6.0%
4.7%
4.7%
9.6%
4.4%
4.3%
4.8%
4 1%
4.1%
N/A
N/A
N/A
3.7%
4.8%
4.7%
4.9%
5.2%
N/A
10.10%
10.10%
10.10%
10.10%
10.10%
10.10%
10.10%
10.10%
10.10%
10.10%
10.10%
10.10%
10.10%
10.10%
10.10%
10 10%
10.10%
10.10%
10.10%
10.10%
10.10%
10.10%
10.10%
10.10%
10.10%
10.10%
1.3%
1.3%
1.3%
1.3%
1.3%
1.3%
1.3%
1.3%
1.3%
1.3%
1.3%
1.3%
1.3%
1.3%
1.3%
1 3%
1.3%
1.3%
1.3%
1.3%
1.3%
1.3%
1.3%
1.3%
1.3%
1.3%
Jun‐13
1.08
30/07/2010
Jun‐13
0.89
30/07/2010
Jun‐13
0.88
30/07/2010
Jun‐13
0.88
30/07/2010
Jun‐13
0.89
30/07/2010
Jun‐13
0.88
30/07/2010
Jun‐13
0.87
30/07/2010
Jun‐13
0.92
30/07/2010
Jun‐13
0.86
30/07/2010
Jun‐13
0.89
30/07/2010
Jun‐13
0.89
30/07/2010
Jun‐13
0.78
30/07/2010
Jun‐13
0.90
30/07/2010
Jun‐13
0.90
30/07/2010
Jun‐13
0.88
30/07/2010
Jun 13
Jun‐13
0
0.90
90
30/07/2010
Jun‐13
1.09
30/07/2010
Jun‐13
1.23
30/07/2010
Jun‐13
1.20
30/07/2010
Jun‐13
0.91
30/07/2010
Jun‐13
0.89
30/07/2010
Jun‐13
0.89
30/07/2010
Jun‐13
0.88
30/07/2010
Jun‐13
0.87
30/07/2010
Jun‐13
1.00
30/07/2010
Perpetual Wholesale Australian Share Fund PM Capital Absolute Performance Fund UBS Australian Share Fund Perpetual Protected Investments Series 2
Ausbil Australian Emerging Leaders Fund AXA Wholesale Global Equity Value Fund Colonial First State W
Colonial First State W'sale
sale Global Resources
Global Resources
GVI Global Industrial Share Fund
Perpetual Wholesale Australian Fund
Macquarie Fusion Funds
Jun‐09
Ausbil Australian Emerging Leaders Fund
BT Wholesale Core Australian Share Fund
Colonial First State W'sale Global Resources
GVI Global Industrial Share Fund
Perennial Value Shares Trust
Macquarie Int Infrastructure Securities Fund
Macquarie Int. Infrastructure Securities Fund
Perpetual's Wholesale Australian Fund
Platinum Asia Fund
Platinum International Fund
Premium China Fund
Vanguard Australian Shares Index Fund
Vanguard Int. Shares Index Fund (Hedged)
Walter Scott Global Equity Fund
Winton Global Alpha Fund
Zurich Inv's Global Thematic Share Fund
Nov‐08
Red = Redemption is likely to be beneficial
At a Glance Guide to CPPI Redemption
Amber = Redemption is likely to be beneficial, greater care needed
Green = Stay with product likely to be more beneficial
CPPI/Threshold Managed Investments
Last updated: 28th February 2010
Overall gain/loss at maturity^
Investment Loan
Participation Switch to Switch to 100% rate in Overall alternative alternative Protection ‐ Current underlying gain/loss on Remain in Switch to term term Equivalent variable managed Redeem or early current alternative deposit deposit return to interest fund
Stay
redemption
fund
investment (zero tax) (46.5% tax) break even
rate
Break costs of variable Maturity Unit Unit prices, as date
price
of ...
loan*
Macquarie Fusion Funds
Nov‐07
Aberdeen Asian Opportunities Fund
Ausbil Australian Active Equity Fund
Ausbil Australian Emerging Leaders Fund
Axa's Wholesale Global Equity Value Fund
Challenger Wholesale Australian Share Fund
Redeem
Redeem
Redeem
Redeem
Redeem
Redeem
Redeem
Redeem
Redeem
Redeem
Redeem
Redeem
Redeem
Redeem
Redeem
Redeem
Redeem
Redeem
Redeem
Redeem
Redeem
Redeem
‐12%
‐13%
‐13%
‐14%
‐13%
‐14%
‐13%
‐13%
‐12%
12%
‐13%
‐17%
‐13%
‐13%
‐3%
‐13%
‐12%
‐15%
‐15%
‐13%
‐13%
‐15%
‐9%
2%
0%
0%
‐1%
0%
‐2%
0%
0%
0%
0%
0%
‐1%
0%
18%
0%
2%
0%
0%
‐1%
‐1%
‐2%
7%
13%
12%
12%
11%
12%
10%
12%
12%
13%
12%
6%
11%
12%
25%
12%
13%
10%
9%
11%
11%
10%
17%
6%
4%
4%
4%
5%
3%
5%
4%
5%
5%
0%
4%
5%
17%
5%
5%
3%
2%
4%
4%
3%
9%
‐3%
‐4%
‐4%
‐5%
‐4%
‐5%
‐4%
‐4%
‐3%
3%
‐4%
‐8%
‐4%
‐4%
8%
‐4%
‐3%
‐6%
‐6%
‐4%
‐4%
‐6%
0%
4.5%
4.9%
5.0%
5.2%
4.9%
5.4%
4.8%
4.9%
4
4.7%
7%
4.8%
6.7%
5.1%
4.9%
N/A
4.8%
4.6%
5.5%
5.8%
5 0%
5.0%
5.0%
5.5%
N/A
10.00%
10.00%
10.00%
10.00%
10.00%
10.00%
10.00%
10.00%
10
10.00%
00%
10.00%
10.00%
10.00%
10.00%
10.00%
10.00%
10.00%
10.00%
10.00%
10 00%
10.00%
10.00%
10.00%
10.00%
1.3%
1.3%
1.3%
1.3%
1.3%
1.3%
1.3%
1.3%
1
1.3%
3%
1.3%
1.3%
1.3%
1.3%
1.3%
1.3%
1.3%
1.3%
1.3%
1 3%
1.3%
1.3%
1.3%
1.3%
Jun‐13
0.89
30/07/2010
Jun‐13
0.88
30/07/2010
Jun‐13
0.88
30/07/2010
Jun‐13
0.88
30/07/2010
Jun‐13
0.88
30/07/2010
Jun‐13
0.87
30/07/2010
DWS Global Equity Thematic Fund
Eley Griffiths Group Small Companies Fund
Fid lit A t li E iti F d
Fidelity Australian Equities Fund
GVI Global Industrial Share Fund
Perennial Global Property Trust
Macquarie Int. Infrastructure Securities Fund
BlackRock (Merrill Lynch) Global Allocation
Macquarie Asian Alpha Fund
Perpetual's Wholesale Australian Fund
Premium China Fund
UBS Property Securities Fund
Van Eyk Blueprint Australian Shares Fund
Van Eyk Blueprint International Shares Fund
Van Eyk Blueprint International Shares Fund
Vanguard Australian Shares Index Fund
Vanguard Int. Shares Index Fund (Hedged)
Walter Scott Global Equity Fund
12%
4%
5%
3%
3%
3%
4%
4%
4%
4%
3%
4%
5%
47%
5%
12%
2%
4%
4%
4%
5%
25%
Jun‐13
0.88
30/07/2010
Jun‐13
0.88
30/07/2010
J 13
Jun‐13
0
0.89
89
30/07/2010
Jun‐13
0.88
30/07/2010
Jun‐13
0.84
30/07/2010
Jun‐13
0.88
30/07/2010
Jun‐13
0.88
30/07/2010
Jun‐13
0.99
30/07/2010
Jun‐13
0.88
30/07/2010
Jun‐13
0.89
30/07/2010
Jun‐13
0.87
30/07/2010
Jun‐13
0.86
30/07/2010
Jun‐13
0 88
0.88
30/07/2010
Jun‐13
0.88
30/07/2010
Jun‐13
0.87
30/07/2010
Jun‐13
0.92
30/07/2010
Jun‐07
Aberdeen Asian Opportunities Fund
Ausbil Australian Active Equity Fund
Ausbil Australian Emerging Leaders Fund
Axa's Wholesale Global Equity Value Fund
Challenger Wholesale Australian Share Fund
C l i l Fi t St t W' l Gl b l R
Colonial First State W'sale Global Resources
DWS Global Equity Thematic Fund
Deutsche Strategic Value Fund
Eley Griffiths Group Small Companies Fund
GVI Global Industrial Share Fund
Perennial Global Property Trust
Perennial Value Shares Trust
Macquarie Global Private Equity Securities
Macquarie Int. Infrastructure Securities Fund
Macquarie Property Income Fund
BlackRock (Merrill Lynch) Global Allocation
BlackRock (Merrill Lynch) Global Allocation
Macquarie Asian Alpha Fund
Perpetual's Wholesale Australian Fund
PM Capital Absolute Performance Fund
Premium China Fund
Russell Global Opportunities Fund
UBS Property Securities Fund
Van Eyk Blueprint Australian Shares Fund
Van Eyk Blueprint International Shares Fund
Walter Scott Global Equity Fund
Zurich Inv's Global Thematic Share Fund
Zurich Inv
s Global Thematic Share Fund
16%
4%
5%
3%
4%
3%
4%
5%
4%
4%
3%
5%
2%
4%
0.4%
5%
46%
5%
4%
15%
4%
2%
4%
4%
20%
15%
Redeem
Redeem
Redeem
Redeem
Redeem
R
Redeem
d
Redeem
Stay
Redeem
Redeem
Redeem
Redeem
Redeem
Redeem
Stay
Redeem
Redeem
Redeem
Redeem
Redeem
Redeem
Redeem
Redeem
Redeem
Redeem
Redeem
‐6%
‐8%
‐9%
‐9%
‐9%
‐10%
10%
‐9%
‐19%
‐9%
‐9%
‐11%
‐8%
‐9%
‐8%
‐13%
‐8%
1%
‐9%
‐8%
‐6%
‐8%
‐10%
‐9%
‐8%
‐5%
‐6%
6%
4%
1%
0%
0%
0%
‐1%
1%
0%
0%
0%
0%
0%
2%
‐1%
1%
0%
1%
15%
0%
1%
4%
1%
‐1%
0%
1%
5%
4%
11%
8%
8%
7%
7%
6%
8%
‐4%
8%
8%
6%
9%
7%
9%
2%
9%
19%
8%
8%
11%
9%
6%
8%
9%
12%
11%
6%
3%
2%
2%
2%
1%
2%
‐9%
2%
2%
0%
4%
2%
3%
‐3%
3%
13%
2%
3%
5%
3%
1%
2%
3%
6%
5%
0%
‐3%
‐3%
‐3%
‐3%
‐4%
4%
‐3%
‐14%
‐3%
‐3%
‐5%
‐2%
‐4%
‐2%
‐8%
‐2%
7%
‐3%
‐3%
0%
‐2%
‐4%
‐3%
‐2%
1%
0%
3.2%
4.7%
4.8%
5.1%
5.1%
5
5.5%
5%
4.9%
11.6%
4.8%
4.8%
6.0%
4.2%
5.2%
4.3%
7.7%
4 4%
4.4%
N/A
4.8%
4.7%
N/A
4.4%
5.6%
4.8%
4.4%
N/A
3.3%
9.15%
9.15%
9.15%
9.15%
9.15%
9.15%
9 15%
9.15%
9.15%
9.15%
9.15%
9.15%
9.15%
9.15%
9.15%
9.15%
9 15%
9.15%
9.15%
9.15%
9.15%
9.15%
9.15%
9.15%
9.15%
9.15%
9.15%
9.15%
1.2%
1.2%
1.2%
1.2%
1.2%
1
1.2%
2%
1.2%
1.2%
1.2%
1.2%
1.2%
1.2%
1.2%
1.2%
1.2%
1 2%
1.2%
1.2%
1.2%
1.2%
1.2%
1.2%
1.2%
1.2%
1.2%
1.2%
1.2%
Jun‐12
0.95
30/07/2010
Jun‐12
0.93
30/07/2010
Jun‐12
0.93
30/07/2010
Jun‐12
0.92
30/07/2010
Jun‐12
0.92
30/07/2010
Jun‐12
0.91
30/07/2010
/ /
Jun‐12
0.92
30/07/2010
Jun‐12
0.82
30/07/2010
Jun‐12
0.93
30/07/2010
Jun‐12
0.93
30/07/2010
Jun‐12
0.91
30/07/2010
Jun‐12
0.94
30/07/2010
Jun‐12
0.92
30/07/2010
Jun‐12
0.93
30/07/2010
Jun‐12
0.88
30/07/2010
Jun‐12
0 93
0.93
30/07/2010
Jun‐12
1.02
30/07/2010
Jun‐12
0.93
30/07/2010
Jun‐12
0.93
30/07/2010
Jun‐12
0.95
30/07/2010
Jun‐12
0.93
30/07/2010
Jun‐12
0.91
30/07/2010
Jun‐12
0.93
30/07/2010
Jun‐12
0.93
30/07/2010
Jun‐12
0.96
30/07/2010
Jun‐12
Jun
12
0.95
30/07/2010
Nov‐06
Ausbil Australian Emerging Leaders Fund
Axa's Wholesale Global Equity Value Fund
Colonial First State W'sale Geared Share Fund
Perennial Global Property Trust
Macquarie Int. Infrastructure Securities Fund
BlackRock (Merrill Lynch) Global Allocation
Macquarie Asian Alpha Fund
Perpetual's Wholesale Australian Fund
PM Capital Absolute Performance Fund
PM Capital Absolute Performance Fund
UBS Australian Share Fund
Walter Scott Global Equity Fund
Zurich Inv's Global Thematic Share Fund
5%
3%
3%
2%
4%
5%
100%
15%
3%
2%
15%
15%
Redeem
Redeem
Redeem
Redeem
Redeem
Redeem
Stay
Redeem
Redeem
Redeem
Redeem
Redeem
‐8%
‐9%
‐9%
‐9%
‐8%
‐8%
25%
‐6%
‐8%
‐8%
‐6%
‐6%
1%
0%
0%
0%
1%
1%
48%
4%
1%
1%
4%
4%
8%
8%
7%
8%
8%
9%
47%
11%
8%
9%
10%
11%
3%
2%
2%
2%
3%
3%
40%
5%
3%
3%
5%
5%
‐3%
‐3%
‐3%
‐3%
‐2%
‐2%
32%
0%
‐2%
‐2%
0%
0%
4.7%
4.9%
5.1%
4.8%
4.5%
4.3%
N/A
3.3%
4 5%
4.5%
4.4%
3.5%
3.3%
9.20%
9.20%
9.20%
9.20%
9.20%
9.20%
9.20%
9.20%
9 20%
9.20%
9.20%
9.20%
9.20%
1.2%
1.2%
1.2%
1.2%
1.2%
1.2%
1.2%
1.2%
1 2%
1.2%
1.2%
1.2%
1.2%
Jun‐12
0.93
30/07/2010
Jun‐12
0.92
30/07/2010
Jun‐12
0.92
30/07/2010
Jun‐12
0.93
30/07/2010
Jun‐12
0.93
30/07/2010
Jun‐12
0.93
30/07/2010
Jun‐12
1.26
30/07/2010
Jun‐12
0.95
30/07/2010
Jun 12
Jun‐12
0 93
0.93
30/07/2010
Jun‐12
0.93
30/07/2010
Jun‐12
0.95
30/07/2010
Jun‐12
0.95
30/07/2010
27%
5%
3%
3%
4%
25%
Redeem
Redeem
Redeem
Redeem
Redeem
R
Redeem
d
3%
‐3%
‐4%
‐3%
‐3%
‐8%
8%
9%
2%
1%
2%
2%
‐2%
2%
11%
4%
3%
5%
5%
0%
8%
2%
1%
2%
2%
‐3%
3%
6%
‐1%
‐2%
‐1%
0%
‐5%
5%
N/A
3.9%
5.0%
3.8%
3.4%
N/A
9.20%
9.20%
9.20%
9.20%
9.20%
9
9.20%
20%
1.2%
1.2%
1.2%
1.2%
1.2%
1
1.2%
2%
Jun‐11
1.04
30/07/2010
Jun‐11
0.98
30/07/2010
Jun‐11
0.97
30/07/2010
Jun‐11
0.98
30/07/2010
Jun‐11
0.98
30/07/2010
Jun‐11
0.93
30/07/2010
Jun‐06
Aberdeen Asian Opportunities Fund
Ausbil Australian Emerging Leaders Fund
Axa's Wholesale Global Equity Value Fund
Challenger Orion Australian Share Fund
Aberdeen Actively Hedged Int. Equities Fund
HFA Di
HFA Diversified Investments Fund
ifi d I
F d
Red = Redemption is likely to be beneficial
At a Glance Guide to CPPI Redemption
Amber = Redemption is likely to be beneficial, greater care needed
Green = Stay with product likely to be more beneficial
CPPI/Threshold Managed Investments
Last updated: 6th September 2010
Overall gain/loss at maturity^
Investment Loan
Participation Switch to Switch to 100% rate in Overall alternative alternative Protection ‐ Current underlying gain/loss on Remain in Switch to term term Equivalent variable managed Redeem or early current alternative deposit deposit return to interest fund
Stay
redemption
fund
investment (zero tax) (46.5% tax) break even
rate
Break costs of variable Maturity Unit Unit prices, as date
price
of ...
loan*
Macquarie Fusion Funds
Jun‐06
Perennial Value Shares Trust
Macquarie Int. Infrastructure Securities Fund
Property Securities Portfolio
Perpetual's Wholesale Australian Fund
Perpetual's Wholesale International Fund
PM Capital Absolute Performance Fund
UBS Australian Share Fund
Van Eyk Blueprint Australian Shares Fund
V E k Bl
Van Eyk Blueprint International Shares Fund
i tI t
ti
l Sh
F d
Walter Scott Global Equity Fund
5%
5%
3%
5%
4%
4%
2%
3%
3%
15%
Redeem
Redeem
Redeem
Redeem
Redeem
Redeem
Redeem
Redeem
Redeem
Redeem
‐3%
‐3%
‐4%
‐3%
‐3%
‐3%
‐3%
‐3%
‐4%
4%
‐2%
2%
2%
1%
2%
2%
2%
2%
2%
1%
4%
5%
5%
4%
5%
5%
5%
5%
5%
4%
6%
2%
2%
1%
2%
2%
2%
3%
2%
2%
4%
0%
0%
‐2%
‐1%
0%
0%
0%
0%
‐1%
1%
1%
3.2%
3.6%
5.0%
3.8%
3.7%
3.4%
3.2%
3.4%
4
4.0%
0%
1.8%
9.20%
9.20%
9.20%
9.20%
9.20%
9.20%
9.20%
9.20%
9
9.20%
20%
9.20%
1.2%
1.2%
1.2%
1.2%
1.2%
1.2%
1.2%
1.2%
1
1.2%
2%
1.2%
Jun‐11
0.98
30/07/2010
Jun‐11
0.98
30/07/2010
Jun‐11
0.97
30/07/2010
Jun‐11
0.98
30/07/2010
Jun‐11
0.98
30/07/2010
Jun‐11
0.98
30/07/2010
Jun‐11
0.98
30/07/2010
Jun‐11
0.98
30/07/2010
J 11
Jun‐11
0
0.98
98
30/07/2010
Jun‐11
1.00
30/07/2010
3%
4%
4%
25%
21%
20%
12%
4%
12%
Redeem
Redeem
Redeem
Redeem
Redeem
Redeem
Redeem
Redeem
Redeem
‐4%
‐3%
‐3%
‐5%
1%
0%
‐2%
‐3%
‐2%
1%
2%
2%
0%
7%
6%
3%
2%
4%
3%
5%
5%
2%
9%
8%
6%
5%
6%
1%
2%
2%
0%
7%
6%
3%
2%
4%
‐2%
0%
0%
‐3%
4%
3%
1%
0%
1%
5.0%
3.4%
3.4%
N/A
N/A
N/A
1.1%
1.9%
0.6%
9.70%
9.70%
9.70%
9.70%
9.70%
9.70%
9.70%
9.70%
9.70%
1.2%
1.2%
1.2%
1.2%
1.2%
1.2%
1.2%
1.2%
1.2%
Jun‐11
0.97
30/07/2010
Jun‐11
0.98
30/07/2010
Jun‐11
0.98
30/07/2010
Jun‐11
0.96
30/07/2010
Jun‐11
1.02
30/07/2010
Jun‐11
1.01
30/07/2010
Jun‐11
0.99
30/07/2010
Jun‐11
0.98
30/07/2010
Jun‐11
0.99
30/07/2010
78%
55%
Stay
Redeem
13%
11%
78%
65%
88%
85%
69%
66%
41%
38%
N/A
N/A
6.60%
6.60%
Jun‐16
1.09
31/07/2010
Jun‐16
1.07
31/07/2010
0%
45%
10%
0%
0%
0%
0%
Redeem
Redeem
Redeem
Redeem
Redeem
Redeem
Redeem
‐8%
9%
‐6%
6%
‐8%
‐19%
‐10%
‐10%
12%
48%
17%
12%
‐1%
10%
10%
41%
67%
43%
41%
24%
38%
37%
29%
52%
31%
29%
13%
26%
26%
10%
31%
12%
10%
‐3%
8%
8%
1.7%
N/A
N/A
1.7%
4.3%
2.1%
2.2%
5.95%
5.95%
5.95%
5.30%
7.95%
5.95%
5.30%
Jun‐15
0.96
31/07/2010
Jun‐15
1.12
31/07/2010
Jun‐15
Jun
15
0.97
31/07/2010
Jun‐15
0.91
31/07/2010
Jun‐15
0.96
31/07/2010
Jun‐15
0.94
31/07/2010
Jun‐15
0.89
31/07/2010
0%
0%
0%
0%
0%
0%
Redeem
Redeem
Redeem
Redeem
Redeem
Redeem
‐10%
‐6%
‐9%
‐5%
‐3%
‐6%
11%
14%
11%
16%
18%
15%
39%
44%
40%
47%
49%
45%
27%
31%
27%
34%
36%
32%
9%
12%
9%
15%
16%
13%
2.0%
1.4%
2.0%
1.0%
0 6%
0.6%
1.3%
5.40%
5.40%
5.40%
5.05%
6 95%
6.95%
5.05%
Dec‐14
0.89
31/07/2010
Dec‐14
0.92
31/07/2010
Dec‐14
0.89
31/07/2010
Dec‐14
0.94
31/07/2010
Dec 14
Dec‐14
1 02
1.02
31/07/2010
Dec‐14
0.92
31/07/2010
26%
12%
0%
0%
0%
Redeem
Redeem
Redeem
Redeem
Redeem
3%
‐1%
‐12%
‐7%
‐23%
31%
21%
6%
11%
0%
52%
45%
30%
37%
14%
39%
33%
19%
25%
4%
21%
16%
4%
9%
‐9%
N/A
N/A
2.8%
1.7%
5.9%
5.60%
5.60%
6.75%
5.05%
8.40%
Jun‐14
0.97
31/07/2010
Jun‐14
0.93
31/07/2010
Jun‐14
1.04
31/07/2010
Jun‐14
0.92
31/07/2010
Jun‐14
0.92
31/07/2010
46%
Redeem
12%
43%
57%
44%
28%
N/A
5.70%
Jun‐14
Jun
14
1.06
31/07/2010
37%
0%
Redeem
Redeem
4%
‐5%
28%
9%
41%
28%
31%
19%
18%
7%
N/A
1.5%
5.35%
5.05%
Jun‐13
0.96
31/07/2010
Jun‐13
0.97
31/07/2010
0%
100%
Redeem
Stay
‐3%
53%
8%
90%
21%
90%
13%
78%
6%
66%
1.1%
N/A
7.00%
7.00%
Jun‐12
1.18
31/07/2010
Jun‐12
1.73
31/07/2010
Dec‐05
Axa's Wholesale Global Equity Value Fund
Challenger Orion Australian Share Fund
Aberdeen Actively Hedged Int. Equities Fund
HFA Diversified Investments Fund
Perennial Value Shares Trust
Perpetual's Wholesale Australian Fund
Perpetual's Wholesale International Fund
PM Capital Absolute Performance Fund
UBS Australian Share Fund
Macquarie Reflexion Trusts
Jun‐09
BRIC and Emerging Markets Trust
China Trust
Jun‐08
Asia Property Trust
BRIC and Emerging Markets Trust
China Trust
Commodity Trust
Japan Focus Trust
Middle East Trust
Renewable Energy Trust
Dec‐07
Asia Property Trust
BRIC and Emerging Markets Trust
China Trust
Commodity Trust
Japan Focus Trust
Japan Focus Trust
Renewable Energy Trust
Jun‐07
BRIC and Emerging Markets Trust
China Trust
Japan Focus Trust
Renewable Energy Trust
Japan Focus Trust Variation
Nov‐06
BRIC and Emerging Markets Trust
Jun‐06
China Trust
Emerging Markets Trust
Jun‐05
Asia Trust 2005 (USD)
China Trust 2005 (USD)
Disclaimer: This CPPI overview is a summary only of our initial in‐house view when considering the suitability of current investments versus alternatives in the market. Each individual's circumstances and tax status should be seriously considered before cashing in or transferring to an alternative investment product. This table should not in any way be construed as providing securities advice or an endorsement or recommendation. Wealth Focus has not taken into consideration your investment objectives or your investment needs and make no representation as to the suitability or otherwise of any product, or security, to you. Before making any investment decision or purchase, you should fully
consideration your investment objectives or your investment needs and make no representation as to the suitability or otherwise of any product, or security, to you. Before making any investment decision or purchase, you should fully satisfy yourself as to the suitability of any security or product you are considering, to your own particular circumstances, read the PDS, and if necessary seek professional investment and tax advice. We recommend that you read our Financial Services Guide. Whilst Wealth Focus makes every effort to ensure that the information is correct at the time of publishing, Wealth Focus takes no responsibility for the accuracy of the information supplied. ^In producing this table, we have made certain assumptions to assist in projecting likely outcomes: Assumed equity growth rate = 9%pa, CPPI product cash growth rate = 4.1% (overall average). "Switch to term deposit" rates assumed as market leading rates sourced www.moneymarket.com.au 15/09/10 adjusted by ‐0.25%. Fusion & HFA break costs have assumed a $100,000 investment. CPPI maturity values shown assume equity participation does not increase for remainder of term. Loan interest rate on alternative investment assumed to be equal to current rate. If new rate is lower transfer is likely to be more beneficial and if new rate is higher will be less beneficial than illustrated.
f = Only fixed rate loans were available with this product
* Break costs calculated as follows: HFA Octane Asia, Global & Octane 5 = estimated difference in swap rates + 0.6%pa + $500, Fusion = 0.2% + 1 mth interest +$220, PPI Series 2 = 1mth interest, all other PPI Series = 0.3% plus 1mth interest. Participation rates are quoted directly from product provider updates. In‐house view to Redeem is based on obtaining greater than 2%pa in an alternative investment ‐ (red) >2% pa and term deposit (zero tax) projection is greater than remaining in current fund, (amber) >2%pa but term deposit (zero tax) is not greater than zero (greater care needed) ** Adviser discretion applied to provide (amber) status. †Redemptions are currently suspended on this fund. Reproduction of this document is permitted with hyperlink source to www.fundsfocus.com.au