Retail Index Funds: Performance after tax

 Fund
 Summary 		 Unit Prices  Income
 Distributions 		 Performance
 Net of Fees 		 Performance
 After Tax 		 Fees
After Tax Performance
Super Fund Individual - Mid Tax Individual - Top Tax Individual - Zero Tax
Super Fund (Currently Taxed at 15%)
Fund Name Return Scenario Performance (net of fees) for periods ended 30/11/2008
1 Year 3 Yrs (pa) 5 Yrs (pa) 6 Yrs (pa) 7 Yrs (pa) 8 Yrs (pa)
Asset Sector Index Funds
Vanguard Index Cash Plus Fund Before Tax (Net of Fees) 8.50% 6.33% 5.82% 5.46% 5.25% 5.26%
After Tax On Distributions 7.35% 5.40% 4.98% 4.66% 4.48% 4.47%
After Tax If fully Redeem/Withdraw 7.22% 5.37% 4.95% 4.64% 4.46% 4.46%
Vanguard Index Diversified Bond Fund Before Tax (Net of Fees) 9.13% 5.82% 6.26% 6.10% 6.19% 6.43%
After Tax On Distributions 7.98% 5.05% 5.32% 5.15% 5.18% 5.43%
After Tax If fully Redeem/Withdraw 7.75% 4.96% 5.30% 5.15% 5.20% 5.44%
Vanguard Index Property Securities Fund Before Tax (Net of Fees) -52.74% -13.62% -1.42% -0.15% 1.53% 3.41%
After Tax On Distributions -52.92% -14.30% -2.15% -0.84% 0.83% 2.76%
After Tax If fully Redeem/Withdraw -47.42% -11.56% -0.83% 0.23% 1.68% 3.36%
Vanguard High Yield Australian Shares Fund Before Tax (Net of Fees) -41.64% -4.93% n/a n/a n/a n/a
After Tax On Distributions -41.00% -4.21% n/a n/a n/a n/a
After Tax If fully Redeem/Withdraw -36.49% -2.99% n/a n/a n/a n/a
Vanguard Index Australian Shares Fund Before Tax (Net of Fees) -40.64% -3.54% 6.96% 7.15% 5.27% 5.25%
After Tax On Distributions -40.42% -3.24% 7.38% 7.60% 5.70% 5.70%
After Tax If fully Redeem/Withdraw -35.96% -2.20% 7.36% 7.52% 5.72% 5.70%
Vanguard Index International Shares Fund Before Tax (Net of Fees) -22.63% -4.85% 1.64% -0.07% -3.52% -5.14%
After Tax On Distributions -22.66% -4.83% 1.68% -0.02% -3.47% -5.11%
After Tax If fully Redeem/Withdraw -20.28% -4.18% 1.64% 0.10% -3.00% -4.41%
Vanguard Index Hedged International Shares Fund Before Tax (Net of Fees) -40.86% -9.20% 0.69% 2.83% -0.40% n/a
After Tax On Distributions -41.84% -9.99% -0.22% 1.89% -1.30% n/a
After Tax If fully Redeem/Withdraw -36.72% -8.01% 0.70% 2.58% -0.37% n/a
Diversified Index Funds  - LifeStrategy
Vanguard LifeStrategy Conservative Fund Before Tax (Net of Fees) -6.59% 2.90% 5.64% 5.33% 4.68% 4.62%
After Tax On Distributions -7.17% 2.24% 5.05% 4.76% 4.11% 4.06%
After Tax If fully Redeem/Withdraw -6.01% 2.59% 5.08% 4.79% 4.18% 4.13%
Vanguard LifeStrategy Balanced Fund Before Tax (Net of Fees) -15.86% 0.72% 5.45% n/a n/a n/a
After Tax On Distributions -16.24% 0.27% 5.03% n/a n/a n/a
After Tax If fully Redeem/Withdraw -14.19% 0.80% 5.08% n/a n/a n/a
Vanguard LifeStrategy Growth Fund Before Tax (Net of Fees) -24.30% -1.41% 5.25% 4.94% 3.52% 3.25%
After Tax On Distributions -24.65% -1.71% 5.03% 4.74% 3.32% 3.06%
After Tax If fully Redeem/Withdraw -21.63% -0.91% 5.11% 4.80% 3.47% 3.21%
Vanguard LifeStrategy High Growth Fund Before Tax (Net of Fees) -32.62% -3.83% 4.73% 4.41% 2.60% 2.25%
After Tax On Distributions -32.74% -3.92% 4.75% 4.46% 2.64% 2.31%
After Tax If fully Redeem/Withdraw -29.01% -2.91% 4.83% 4.51% 2.82% 2.49%
    1 Year 3 Yrs (pa) 5 Yrs (pa) 6 Yrs (pa) 7 Yrs (pa) 8 Yrs (pa)