Investment Management Fees

Investment management fees and tax are deducted from the applicable unit price for your option(s) before being applied to your account.

The investment management fee is based on the investment managers in place, their fee structure and the asset allocation for a particular financial year. It also covers the cost of custodian fees and investment advice.

The table below shows the annual investment management fees for the financial year ended 30 June 2008 in percentage terms as well as a dollar cost for every $10,000 invested.