WIXLIB

Exchange Traded Funds (ETFs)Model Code*Model Portfolio NameETF Security CodeVA0006Vanguard MSCI Australian Large CompaniesVLCVA0007Vanguard MSCI Australian Small CompaniesVSOVA0008Vanguard US Total Market SharesVTSVA0009Vanguard All-World ex-US SharesVEUVA0010Vanguard FTSE Emerging Markets SharesVGEVA0011Vanguard MSCI Index International SharesVGSVA0012Vanguard MSCI Index International Shares (Hedged)VGADVA0013Vanguard International Credit Securities Index (Hedged)VCFVA0014Vanguard International Fixed Interest Index (Hedged)VIFVA0015Vanguard FTSE Asia Ex-Japan Shares IndexVAEVA0016Vanguard FTSE Europe SharesVEQVA0017Vanguard Australian Corporate Fixed Interest Index ETFVACFFloating Rate XTBsModel Code*Model Portfolio NameSecurity CodeXF0001AMP 6 Jun 2018 FRNYTMF01XF0002BOQ 7 Nov 2016 FRNYTMF02XF0003BOQ 12 Jun 2018 FRNYTMF03XF0004NAB 8 Nov 2018 FRNYTMF04XF0005NAB 20 May 2019 FRNYTMF05XF0006SUN 23 Apr 2019 FRNYTMF06* These Model Portfolios invest in XTBs which may have an additional fee disclosed in the issuer’s PDS. For more information please visit the issuer’swebsite.8

Exchange Traded Bond units (XTBs)Model Code*Model Portfolio NameSecurity CodeXT0001Aurizon 5.75% 28 Oct 2020YTMAZJXT0002BHP 3.75% 18 Oct 2017YTMBHPXT0003Crown 5.75% 18 Jul 2017YTMCWNXT0004Dexus 5.75% 10 Sep 2018YTMDXSXT0005GPT 6.75% 24 Jan 2019YTMGPTXT0006Incitec Pivot 5.75% 21 Feb 2019YTMIPLXT0007Lend Lease 5.50% 13 Nov 2018YTMLLCXT0008Lend Lease 6.00% 13 May 2020YTMLL1XT0009Mirvac 5.75% 18 Sep 2020YTMMGRXT0010Novion 5.00% 19 Dec 2019YTMNVNXT0011Scentre 5.00% 23 Oct 2019YTMSCGXT0012Stockland 5.50% 6 Sep 2019YTMSGPXT0013Stockland 8.25% 25 Nov 2020YTMSG1XT0014Telstra 7.75% 15 Jul 2020YTMTLSXT0015Wesfarmers 6.25% 28 Mar 2019YTMWESXT0016Wesfarmers 4.75% 12 Mar 2020YTMWE1XT0017Woolworths 6.00% 21 Mar 2019YTMWOWXT0018APA Pipelines 7.75% 22 Jul 2020YTMAPAXT0019Caltex Australia 7.25% 23 Nov 2018YTMCTXXT0020Mirvac Group 5.50% 18 Dec 2017YTMMG1XT0021Qantas 6.50% 27 Apr 2020YTMQF1XT0022Qantas 7.50% 11 Jun 2021YTMQF2XT0023Qantas 7.75% 19 May 2022YTMQF3XT0024Bank of Queensland 4.00% 12 Jun 2018YTMBOQXT0025Coca Cola Amatil 4.25% 13 Nov 2019YTMCCAXT0026National Australia Bank 4.25% 20 May 2019YTMNABXT0027Sydney Airport 7.75% 6 Jul 2018YTMSYDXT0028AGL Energy 5.00% 5 Nov 2021YTMAGLXT0029Alumina Limited 5.50% 19 Nov 2019YTMAWCXT0030Ausnet Services Limited 5.75% 28 Jun 2022YTMASTXT0031BHP 3.00% 30 Mar 2020YTMBH1XT0032Downer EDI Limited 5.75% 29 Nov 2018YTMDOWXT0033Downer EDI Limited 4.50% 11 Mar 2022YTMDO1* These Model Portfolios invest in XTBs which may have an additional fee disclosed in the issuer’s PDS. For more information please visit the issuer’swebsite.9

Model Portfolio Managers and Model profilesBlackRock Investment Management (Australia) LimitedLonsec Investment SolutionsBlackRock Inc. is a premier provider of global investmentmanagement, risk management and advisory services toinstitutional and retail clients around the world. ThroughBlackRock Solutions – an outgrowth of our longstandinginvestment in sophisticated, integrated systems – we offerrisk management services and enterprise investment systemoutsourcing to a broad base of institutional portfolios.Lonsec Investment Solutions Pty Ltd ACN: 608 837 585 (LIS),a Corporate Authorised Representative of Lonsec ResearchPty Ltd ABN: 11 151 658 561 AFSL: 421 445 is a wholly ownedsubsidiary of Lonsec Fiscal Holdings Pty Ltd. Leveraging LonsecResearch’s established research and portfolio constructionexpertise and deep resources LIS provides financial advisersaccess to a range of model portfolio solutions across listed andunlisted investments via the use of efficient structures such asmanaged accounts.BlackRock Inc directly manages investments on behalf ofinstitutional and retail clients from all over the globe. BlackRockhas asset management teams covering all major asset classes,across many investment styles and regions around the globe.Through cutting edge systems capabilities and an unqualifiedcommitment to teamwork and communication across all itsinvestment capabilities.BlackRock Inc delivers an unparalleled breadth of perspectiveand insights to the management of all its client portfolios.Headquartered in New York, BlackRock Inc. operates officesin different countries, maintaining a major presence in most keymarkets including the United States, the United Kingdom, Asia,Australia, the Middle East and Europe.BlackRock Investment Management (Australia) Limited is themanager of the Model(s) as specified in the following ModelPortfolio profiles.When you invest with BlackRock you are gaining the expertiseof an experienced team of Australian investment professionalsbacked by the international resources and knowledge of one ofthe world’s largest investment managers.Morningstar Investment Management Australia LimitedMorningstar Investment Management Australia Limited (ABN54 071 808 501; AFSL 228986) (‘Morningstar’) is a leadingprovider of asset allocation, portfolio construction andinvestment research services with over 35 years’ experience inthe United States, Australia and other international markets.Morningstar advises and manages funds for superannuationfunds, institutions, platform distributors, financial advisers andindividuals. Morningstar’s disciplined investment approachdelivers independent, cost effective and holistic solutions forour clients – helping them reach their financial goals. Thislong-term, valuation driven approach is underpinned by anemphasis on preserving capital and undertaking comprehensivefundamental analysis of global asset classes and securities.Within Australia BlackRock manages across a range of productsand services including equities, fixed income and property.We are a member of the Financial Services Council (FSC).AIW Dealer Services Pty LtdAIW Dealer Services Pty Ltd (‘Astute’) (ABN 59 153 322 420;AFSL 414256) licenses and supports financial advisers withexperience in all facets of finance, insurance and wealthproducts. Astute’s advisers aim to provide expert advice suitedto client’s individual circumstances.Ausbil DexiaAusbil Dexia Limited (ABN 26 076 316 473, AFSL No. 229722)(Ausbil Dexia) is an Australian equities specialist withapproximately A 12 billion in funds under management.Established in April 1997, Ausbil Dexia is a joint venturebetween senior members of Ausbil’s Australian investment/management team and Dexia Asset Management, the assetmanagement arm of the Dexia Group, a major European bank.The joint venture offers Ausbil Dexia clients the focus andpersonal attention delivered by an employee owned boutique,but with the backing and financial integrity of a AA rated globalbanking partner.10Astute has an investment program for use by its advisersthat includes a range of model portfolios of which Astuteis the model manager. The board of Astute is ultimatelyresponsible for the investment program but has delegatedresponsibility for investment governance to its investmentcommittee. The investment committee’s decisions are basedon recommendations from Morningstar, Astute’s investmentconsultant. Morningstar advises the investment committee onits investment program as well as the design and managementof the Astute model portfolios.

Smart Investment ManagementState Street Global Advisors, Australia, LimitedSmart Investment Management (SIM) is part of PraemiumAustralia Limited, and was established to provide tailored andinnovative portfolios with competitive and transparent fees.SIM draws on over 40 years’ experience and uses a quantitativeapproach to managing index models, absolute return modelsand multi-asset portfolios.State Street Global Advisors (SSgA) is the investmentmanagement division of State Street Corporation, a publiclytraded bank holding company which traces its heritage backto 1792. SSgA was established in 1978 to provide innovative,quantitatively driven investment management services toinstitutional investors across the risk/return spectrum. SSgAhas grown to become the world’s largest institutional fundsmanager, with over US 1.9 trillion (A 2.04 trillion) in assetsunder management as at 30 June 2011, and ten investmentcentres around the world. SSgA’s Exchange Traded Funds(ETFs) are popular due to their tradability, cost efficiency andbroad market exposure. First introduced in the US in 1993 bySSgA and the American Stock Exchange, SSgA now managesapproximately US 240 (A 257.8 billion) in ETF assets globally.Perennial Value Management LimitedPerennial Value Management Limited (Perennial Value) (ABN22 090 879 904, AFSL No. 247293) is a boutique funds manager,specialising in the management of value-style Australianequities securities. Perennial Value was launched in March2000 in conjunction with John Murray and Perennial InvestmentPartners Limited (Perennial). In structuring Perennial Value,Perennial have sought to meet investor expectations forfinancial security whilst capturing the energy and passion of aboutique investment management firm. Perennial Value believethat they have created an environment where the interests ofinvestors and investment professionals are clearly aligned.The Perennial Value team consists of eight Analysts andPortfolio Managers.State Street Global Advisors, Australia, Limited is the Australianinvestment management division of SSgA. The SPDR S&P/ASX200 Fund (STW) was listed on the Australian Stock Exchangeon 27 August 2001 and the SPDR S&P/ASX 200 Listed PropertyFund (SLF) was listed on the Australian Stock Exchange on 18February 2002.Arnhem Investment Management Pty LtdArnhem Investment Management Pty Ltd (AFS Licence No.332484) is a boutique Australian fund manager majorityowned by the Arnhem investment team, with a substantialshareholding retained by BNP Paribas Investment Partners,who provides distribution and client servicing on behalf ofArnhem. This ownership structure provides a sustainableand competitive funds management business model withthe backing of a leading global fund manager. The team ofinvestment professionals is responsible for three Australianequity capabilities including the Australian Equity Fund, theConcentrated Australian Equity Fund and the Long ShortAustralian Equity Fund.11

VanguardFat Prophets Pty LtdWith almost A 2.3 trillion in assets under management as of31 March 2013, including more than A 267 billion in ETFs,Vanguard is one of the world’s largest global investmentmanagement companies. In Australia, Vanguard has beenserving financial advisers, retail clients and institutionalinvestors for more than 15 years.Established in 2000, the Fat Prophets Group has grown into oneof the leading providers of stock market research with offices inthe United Kingdom and Australia.BetaShares Capital LtdBetaShares Capital Ltd, located in Sydney, is one of the leadingproviders of ETFs and other ASX-traded funds in Australia. Ourobjective is to expand the universe of investment possibilities forinvestors in Australia. We provide exchange traded funds thatempower investors to implement investment strategies withease.BetaShares products are Australian-domiciled ETFs and otherfunds which trade on the ASX, and are bought and sold just likeshares. BetaShares exchange traded funds are designed todeliver transparent exposure to a broad range of market indicesand asset classes.BetaShares is a member of the Mirae Asset Global InvestmentsGroup, one of Asia’s largest asset management firms. Miraemanaged in excess of US 50 billion, including over US 7 billionin ETFs, as at 30 June 2013.Hyperion Asset Management LimitedHyperion is a high conviction growth style manager thatspecialises in identifying and investing in quality Australianequities.Hyperion’s proprietary investment process produces arelatively concentrated portfolio of high quality companies withpredictable earnings and superior growth potential.12Fat Prophets’ funds management capability was established inJanuary 2005, focusing initially on wholesale mandates. In May2007 Fat Prophets launched the Concentrated Australian Shareand Mining & Resources model portfolios for retail investors viathe Fat Prophets Separately Managed Account. The offering hassince been extended to include the Australian Share Income andSmall and Mid Cap model portfolios. Set up in 2009 Fat ProphetsUK funds management business offers Managed DiscretionaryAccounts to private investors. In March 2011 Fat Prophetsextended its Australian investment offering to include a wealthmanagement capability providing personal advice across abroad spectrum of investment strategies and broking services.Wentworth SecuritiesWentworth Securities is a boutique investment advisorythat delivers informed and insightful investment solutionsto sophisticated and professional investors, family offices,intermediaries and institutional clients. Backed by leadingindependent and proprietary research, our investmentstrategies are developed using in-house investment processesand analysis, resulting in high conviction, unbiased, transparentand cost effective strategies that are proactively delivered. Thisallows us to best position client portfolios in this challengingglobal environment and gives clients the chance to seize uponinvestment opportunities, as they arise.

Grow Your Wealth Pty LtdAltaVista Research Pty LtdGrow Your Wealth Pty Ltd has been providing investmentportfolio advice for over 27 years. The business first appearedin Townsville in 1987 as part of the Morgan Stockbroking Group.The business has undergone a number of name changesover the years and in 2011 obtained its own financial serviceslicence. At Grow Your Wealth, the goal is simple; to increaseour client’s wealth. We have assembled a team of investmentprofessionals with a high level of expertise across many facetsof the wealth management equation – stockbroking, financialplanning, accounting, economics and law. This diversity anddepth of knowledge allows us to deliver personalized investmentsolutions that help clients achieve their financial goals. Webelieve our commitment to building long term relationships withour clients differentiates us from other financial groups.AltaVista Research is a fully independent and specialist equitiesand ETF researcher and Model Portfolio manager. We werefounded in the US in early 2004 and advise on the ASX 300and rate both NYSE and ASX listed ETFs. We have operated inAustralia for over 5 years. AltaVista is part of the IndependentInvestment Research Group – this research house was createdby the former founder of Aegis Equities Research (Aegis EquitiesResearch was sold to Morningstar in 2009).AltaVista takes a unique approach to equities and ETF analysisby focusing on the fundamentals of each of the companiesthat constitute the ASX 300 and each of the ETFs underlyingconstituents. The primary benefit of this approach is that itprovides a forward-looking view of each company and an ETF’sinvestment merit in a familiar, relevant and daily updatedmanner.We research both equities and fixed interest ETFs. By definition,our research process only rates those ETFs that are ‘plainvanilla’ only, i.e. we cannot cover ETFs that include derivatives,synthetics, leverage, commodities or that are currency based.Russell Investment Management LtdAt Russell Investments we stand with you, working togetherto achieve investors’ real goals. We believe the best way toreach your desired outcomes is with a multi-asset approach,combining asset allocation, manager selection and dynamicportfolio management. To create multi-asset solutions, wedraw from capabilities created and integrated in responseto investors’ needs. We are one of only a few firms thatoffer capital markets insights, manager research, portfolioconstruction, portfolio implementation and Indexes. Russell hasmore than A 264 billion in assets under management (as of30 September 2013) and works with 2,700 institutional clients,and independent distribution partners and millions of individualinvestors globally.Russell Exchange Traded Funds (ETFs) are an example of howwe use the intersection of our global capabilities includingindex construction, portfolio management and effectiveimplementation.In constructing Model Portfolios we utilise our proprietaryresearch in accordance with the investment criteria rules andobjectives that we specify for each portfolio. We offer an arrayof Model Portfolios across the ASX 300, SAA, TAA or specificallyCustomised options to match specific investment needs.ETF Securities LtdETF Securities Ltd is an issuer of Exchange TradedCommodities (ETCs) and Exchange Traded Funds (ETFs).ETF Securities is independently owned and is the leadingindependent issuer of exchange traded products globally. Themanagement of ETF Securities pioneered the development ofETCs, with the world’s first listing of an ETC, ETFS Physical Gold(ASX code “GOLD”) in Australia in 2003. ETF Securities has alsolisted physically backed ETCs in Silver, Platinum, Palladium anda Precious Metals Basket on the ASX.13

Chimaera GroupPinn Deavin SecuritiesChimaera Group was formed in 1996 as a strategic investmentsand arbitrage group within Paloma Partners, one of the majormarket neutral hedge funds operating globally and based inGreenwich, Connecticut. Chimaera Group's mandate includedthe development and trading of structured products, as well asthe management of investments for Paloma Partners.Pinn Deavin traces its origins back to 1971 when it wasestablished with a view to providing a proactive managementadvisory service to assist businesses and individuals achievetheir goals rather than simply provide an accounting service tokeep score of after tax results.In 1997 Chimaera formed an alliance with the Global InvestmentManager Services division of Donaldson, Lufkin & JenretteInc. and expanded its business to include key strategies andproducts throughout Australia and Western Europe.Today, Chimaera's business covers a number of markets,principally Australia and Asia. With Offices in Melbourne,Singapore and Hong Kong, it commands a unique positionin the market having global capabilities in capital markets,securities services, corporate finance, trading and asset wealthmanagement.Over the last four decades Pinn Deavin has evolved and grownsubstantially. It has formed specialist divisions to providespecific solutions to clients. One of the changes made to PinnDeavin was the establishment of Pinn Deavin Securities in1988, and provides professional, accurate and

VA0001 Vanguard Australian Fixed Interest VAF VA0002 Vanguard Australian Government Bond VGB VA0003 Vanguard Australian Property Securities VAP VA0004 Vanguard Australian Shares VAS VA0005 Vanguard Australian Shares High Yield VHY Exchange Traded Funds (ETFs) * These Model Portfolios invest in ETFs which have a fee disclosed in the issuer's PDS.