Unit prices

These funds are not open to the members of the public, this is only available where Public Trust is:

• Trustee or Co-Trustee of an estate or trust

• Property attorney under an enduring power of attorney for a customer who has lost mental capacity

• Property Manager under the Protection of Personal Property Rights Act 1998.

All investments carry a risk. For further details of the Public Trust funds (including risks) see the current information statements on the investment homepage.

• The withdrawal unit price is a gross price before allowing for any PIE tax applicable to individual investors.

• On 1 October 2007, all funds elected to operate as Portfolio Investment Entities (PIEs), where individual investors will have tax paid on their behalf at their Prescribed Investor Rate (PIR). -