INVESTMENTS

The Public Trustee operates investment common funds under section 55 of the Public Trustee Act 1985 as an investment facility for its clients. The common funds are available only for established clients of the Public Trustee and are not open to the general public.

The following information is provided for existing investors.

Unit Prices

The unit prices shown were correct as at 11 July 2008. The Public Trustee does not have a buy/sell spread for its funds and unit prices are updated weekly.

Sector Common Funds As at 11 July 2008

Australian Equities Common Fund:		$1.0628

Fixed Interest Common Fund:		$0.9633

Listed Property Trusts Common Fund:		$0.8576

International Equities Common Fund:		$0.8247

Cash Common Fund Interest Rate:		7.50%


Risk Models

Income Stable Model:		$1.0161

Balanced Model:		$1.0084

Growth Model:		$1.0256


Capital Region Community Foundation Funds

Gift Fund:		$0.8017

Open Fund:		$0.7746

Historical Information

Performance

Quarterly Performance Reports for 2007/2008

Risk Model Asset Allocation

Income Stable Investment Fund - 65% Defensive 35% Growth

The objective of the Income Stable Investment strategy is to provide an income return with reduced volatility plus potential for some capital growth to protect the funds against inflation. It is suitable for trusts investing for short-term, trusts reliant upon income or trusts with other reasons for a conservative risk profile.

Balanced Investment Fund - 50% Defensive 50% Growth

The objective of the Balanced Investment strategy is to provide potential for higher returns through a 50% exposure to both domestic and global growth assets with a balance of fixed interest and cash to moderate volatility. It is suitable for medium term trusts or those with a mix of income and capital needs.

Growth and Community Foundation Investment Funds - 30% Defensive 70% Growth

The objective of the Growth Investment strategy is to attain high, long-term returns in excess of inflation. A high weighting in growth assets provides greater potential for long term benefits for trusts able to accept volatility in the short term and also provides potential taxation benefits of franked dividends and capital growth.