Page 26 - 2020 PSK Portfolio - Client Name

* This is a projection and not a guarantee that you will achieve this
return.

^ Approximately 99% of annual results are expected to fall in this
range.

+ Approximately 66% of annual results are expected to fall in this
range.

100% Growth You are willing to accept higher levels of risk. Fluctuation in capital is
acceptable in the short-medium term for the greater potential for
wealth accumulation. Your investment mix will only consist of growth
assets such as property, international and domestic equities. The
minimum investment term is seven years. We allocate between 70%
and 100% of your portfolio to growth assets. Your investment
benchmark is CPI +4.50%.

Investment strategy aligned to a 100% Growth risk profile
*Projected return per 7.28%
annum
-27.43% to
^Extreme return range
41.99%
-4.29% to
+Normal return range
18.85%
Probability of a positive
return (over 1 year) 74.9%
Minimum suggested 7 years
investment timeframe
Investment objective over CPI +
investment timeframe 4.50%

* This is a projection and not a guarantee that you will achieve this return.
^ Approximately 99% of annual results are expected to fall in this range.
+ Approximately 66% of annual results are expected to fall in this range.