Fund profiles

Asgard Employee Super Account
	Principal Contact: Cecilia Storniolo Head of Product Management- Retail Wealth Management Member Telephone: Employer Telephone: Facsimile: 1800 998 185 1800 005 740 (02) 9947 1322 Address: Level 38 152 St George's Terrace Perth WA 6000 Website: Email: www.asgard.com.au business.super@asgardwealthsolutions.com.au
Overview:	The "AAA" rated Asgard Employee Super Account is a holistic solution for your business superannuation needs. By choosing Asgard to administer superannuation for your employees, you can focus more on your core business and less on the complicated and often time-consuming management of your business superannuation. Ease of administration is achieved through integrated online payment and administration systems, making the task of paying superannuation for your employees as easy as a button click regardless of the fund they want to pay to. Asgard is one of Australia's leading Super and Investment administrators with funds under administration in excess of $40 billion. A wholly owned subsidiary of the St. George Group, Asgard provides business superannuation solutions to more than 6,500 Employers and 113,000 employees.
Year of Establishment:	1997
Value of Funds:	$1,7238m (30 November 2008)
Key Features:	An experienced team of business to business specialists encompassing superannuation, investment, insurance and administration. A high degree of fee flexibility to cater for employer groups of all needs and sizes. A focus on investment choice for everyone, with 5 pre-mixed options (age based defaults) through to over 330 leading managed investments as well as a broad  range of securities listed on the Australian Stock Exchange. Employer Online, an internet information and transaction facility which includes the ability to make contributions and add and remove employees. Secure internet access for employees through Investor Online for access to account details, transactions details, Product Disclosure Statements for their investments, monthly investment returns and regular newsletters. Access to financial advisers for employees. Comprehensive and flexible insurance options.  Online education available at www.asgard.com.au. Workplace Banking package via St. George Bank with a range of discounts including cheaper home loans and everyday accounts. Your employees have access to all Asgard products including Pensions and Self Managed Superannuation accounts. Spouse and family Accounts. Spouse and family have access to the same great features and fee discounts that will apply to the employer sponsored member. Both spouse and family have access to insurance. Spouse at special group rates and family at our retail rates. Policy Committee support including Policy Committee Guide and secretarial support for large plans.
Administrator:	Asgard Capital Management Limited
Auditor:	KPMG
Custodian:	Asgard Capital Management Limited
Asset Consultant:	St. George Investment Solutions
Lawyer:	Freehills

INVESTMENT OPTIONS
Defensive	Investors seeking a relatively low risk investment over a moderate time frame. They are prepared to accept lower returns to preserve capital.
Moderate	Investors seeking better than basic returns, with low risk over a moderate time frame.
Balanced	Investors wanting a balanced portfolio of diversified investments to meet medium to long term financial goals. Calculated risks are acceptable to achieve greater returns.
Growth	Investors wanting to invest funds for capital growth over the medium to long term through a diversified portfolio. They are willing to accept more aggressive/growth investments with higher volatility.
High Growth	Investors prepared to compromise portfolio balance to pursue potentially higher long-term gains. Your investment choices are diverse but carry with them a higher level of risk.

As well as over 330 wholesale managed investments and shares in the S&P/ ASX 300 index.

Investment Performance (crediting rates) Growth Asset Weighting Performance to 30 November 2008   1yr 3yr 5yr Defensive 30/70 -5.42% 3.37% 5.89% Moderate 50/50 -13.14% 2.03% 6.15% Balanced 70/30 -21.25% -0.03% 5.72% Growth 83/17 -27.27% -1.87% 5.16% High Growth 100/0 -32.93% -3.73% 4.34%

Assumptions and notes
1. These are estimated portfolio returns which are based on the performance of the underlying investments.
2. The returns:
a) Are shown net of investment manager fees;
b) Are  shown net of estimated taxes;
c) Assume reinvestment of income;
d) Are shown  after an allowance for investment management fee rebates;
e) Use actual asset allocation, at the beginning of the month, from December 2003 onwards, and strategic asset allocations prior to this period;
f) Do not allow for any Asgard product fees; and
g) Assume that no Cash Balance is held (which may be up to 4% of a portfolio). 
3. Returns for 1 month, 3 months, and financial year-to-date are non-annualised
4. Past performance is not indicative, nor a guarantee, of future performance.

Insurance Available:	Life, Life/ TPD, Salary Continuance.
Extra Benefits:	Allocated Pension, Term Allocated Pension, Business Loans, Financial Planning, Financial Seminars, Home Loans, Non-super Savings Options, Online Account Details, Online Transactions, Retirement Planning, Workplace Banking package through St George Bank (including Car, Health and Home & Contents insurance).
Communications:	Membership, insurance and investment booklets; Publications and monthly investment performance available on website, six-monthly employee reports and newsletters. Employer Reports are available continuously online and on request from the service centre. Employers can view contribution summaries, contribution details, asset allocation and funds under administration.
Employer Services:	Financial Adviser, Employer Online, Employer Online Transact, Dedicated Call centre and email contact, Dedicated Account Manager support on large plans, Access to our Technical Services team and bi-annual Employer update newsletter.

FEES
Contribution fee	0% - 5.125%
Administration fee	Tiered scale from 0.1025% to 1.5375% depending on account value
Trustee fee	0.0974%
Expense Recovery fee	Expense recovery fee up to -0.3588% depending on account type. Payable on first $500,000 only and nil thereafter
Investment fee (% p.a.)	0.17% to 0.64%* for SMA-Funds and 0% -4.38% (excluding investment fee rebates) for Managed Profiles. 0% for shares.
Additional Adviser Servicing fee	Standard 25% of the administration fee but can be negotiated on a percentage or flat dollar fee basis
Other fees	$20.50 for share brokerage
Fee Discounts	Administration Fee Discount (Based on the total value of the employer group Accounts) $ Plan Size Discount in % $0 - $500,000 0% $500,001 - $1,000,000 5% $1,000,001 - $5,000,000 30% $5,000,001 - $10,000,000 40% $10,000,001 - $20,000,000 45% More than $20,000,000 50% Fees are negotiable for larger Employer groups and fee discounts in excess of 50% may apply to larger employer groups as negotiated from time to time.

*Performance fees may also be payable

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