Investment Performance

The following table shows the investment performance after fees and before and after tax at 28.0% PIR.

Balanced Strategy

	Gross (Before tax)		Net (28% PIR)
	Month	Year to date	Month	Year to date
April 2026	4.36577%	4.36577%	4.273812%	4.273812%
May 2026	2.20605%	6.66813%	2.03636%	6.39720%
June 2026	1.81392%	8.60301%	1.65909%	8.16243%
July 2026	0.00%	0.00%	0.00%	0.00%
August 2026	0.00%	0.00%	0.00%	0.00%
September 2026	0.00%	0.00%	0.00%	0.00%
October 2026	0.00%	0.00%	0.00%	0.00%
November 2026	0.00%	0.00%	0.00	0.00%
December 2026	0.00%	0.00%	0.00%	0.00%
January 2027	0.00%	0.00%	0.00%	0.00%
February 2027	0.00%	0.00%	0.00%	0.00%
March 2027	0.00%	0.00%	0.00%	0.00%

Conservative Strategy

	Gross (Before tax)		Net (28% PIR)
	Month	Year to date	Month	Year to date
April 2026	1.71741%	1.71741%	1.643896%	1.643896%
May 2026	1.33713%	3.07750%	1.11503%	2.77726%
June 2026	1.12764%	4.23985%	0.93425%	3.73746%
July 2026	0.00%	0.00%	0.00%	0.00%
August 2026	0.00%	0.00%	0.00%	0.00%
September 2026	0.00%	0.00%	0.00%	0.00%
October 2026	0.00%	0.00%	0.00%	0.00%
November 2026	0.00%	0.00%	0.00%	0.00%
December 2026	0.00%	0.00%	0.00%	0.00%
January 2027	0.00%	0.00%	0.00%	0.00%
February 2027	0.00%	0.00%	0.00%	0.00%
March 2027	0.00%	0.00%	0.00%	0.00%

Growth Strategy

	Gross (Before tax)		Net (28% PIR)
	Month	Year to date	Month	Year to date
April 2026	5.50246%	5.50246%	5.414086%	5.414086%
May 2026	2.66085%	8.30972%	2.51888%	8.06935%
June 2026	2.09814%	10.58221%	1.96911%	10.19735%
July 2026	0.00%	0.00%	0.00%	0.00%
August 2026	0.00%	0.00%	0.00%	0.00%
September 2026	0.00%	0.00%	0.00%	0.00%
October 2026	0.00%	0.00%	0.00%	0.00%
November 2026	0.00%	0.00%	0.00%	0.00%
December 2026	0.00%	0.00%	0.00%	0.00%
January 2027	0.00%	0.00%	0.00%	0.00%
February 2027	0.00%	0.00%	0.00%	0.00%
March 2027	0.00%	0.00%	0.00%	0.00%