Performance is calculated up until June 30, 2016.
* All calculations are made using the time weighted method to account for the timing of capital movements Performance figures are quoted before the deduction of management fees and brokerage. The benchmark All Ordinaries Indices are calculated before the deduction of management fees and brokerage. Given the nature of client cashflows the appropriate benchmark is somewhere between the All Ordinaries Accumulation index and the All Ordinaries Price Index. Performance numbers do not include imputation credits, which we estimate add approximately 1.3% per annum to performance numbers. The performance of individual clients may vary from the aggregate figures quoted above. The company and its representatives do not in any way guarantee performance.