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 31/10/2008
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) 8.00% 6.16% 5.66% 5.36% 5.14% 5.23%
After Tax On Distributions 6.90% 5.23% 4.83% 4.56% 4.38% 4.43%
After Tax If fully Redeem/Withdraw 6.82% 5.22% 4.81% 4.56% 4.37% 4.43%
Vanguard Index Diversified Bond Fund Before Tax (Net of Fees) 6.83% 4.98% 5.65% 5.60% 5.59% 6.28%
After Tax On Distributions 5.86% 4.26% 4.74% 4.68% 4.61% 5.30%
After Tax If fully Redeem/Withdraw 5.86% 4.24% 4.77% 4.73% 4.69% 5.32%
Vanguard Index Property Securities Fund Before Tax (Net of Fees) -55.74% -12.64% -0.94% 0.17% 1.52% 3.69%
After Tax On Distributions -55.92% -13.33% -1.67% -0.53% 0.82% 3.03%
After Tax If fully Redeem/Withdraw -50.13% -10.71% -0.40% 0.52% 1.67% 3.62%
Vanguard High Yield Australian Shares Fund Before Tax (Net of Fees) -38.76% -1.23% n/a n/a n/a n/a
After Tax On Distributions -38.24% -0.58% n/a n/a n/a n/a
After Tax If fully Redeem/Withdraw -34.07% 0.21% n/a n/a n/a n/a
Vanguard Index Australian Shares Fund Before Tax (Net of Fees) -38.59% -0.03% 7.89% 8.51% 6.73% 6.25%
After Tax On Distributions -38.35% 0.29% 8.32% 8.97% 7.17% 6.71%
After Tax If fully Redeem/Withdraw -34.10% 0.95% 8.20% 8.77% 7.07% 6.61%
Vanguard Index International Shares Fund Before Tax (Net of Fees) -17.81% -1.75% 2.65% 1.52% -2.41% -5.41%
After Tax On Distributions -17.80% -1.70% 2.70% 1.59% -2.35% -5.36%
After Tax If fully Redeem/Withdraw -15.90% -1.39% 2.57% 1.55% -2.01% -4.63%
Vanguard Index Hedged International Shares Fund Before Tax (Net of Fees) -39.82% -5.95% 2.13% 4.84% 1.33% n/a
After Tax On Distributions -40.79% -6.76% 1.22% 3.89% 0.43% n/a
After Tax If fully Redeem/Withdraw -35.82% -5.18% 1.96% 4.38% 1.15% n/a
Diversified Index Funds  - LifeStrategy
Vanguard LifeStrategy Conservative Fund Before Tax (Net of Fees) -6.46% 3.62% 5.70% 5.56% 4.83% 4.71%
After Tax On Distributions -6.98% 2.98% 5.11% 5.00% 4.27% 4.15%
After Tax If fully Redeem/Withdraw -5.84% 3.25% 5.14% 5.01% 4.33% 4.22%
Vanguard LifeStrategy Balanced Fund Before Tax (Net of Fees) -15.00% 2.19% 5.77% n/a n/a n/a
After Tax On Distributions -15.33% 1.76% 5.36% n/a n/a n/a
After Tax If fully Redeem/Withdraw -13.38% 2.14% 5.37% n/a n/a n/a
Vanguard LifeStrategy Growth Fund Before Tax (Net of Fees) -22.76% 0.84% 5.86% 5.85% 4.30% 3.60%
After Tax On Distributions -23.08% 0.57% 5.64% 5.66% 4.11% 3.42%
After Tax If fully Redeem/Withdraw -20.23% 1.13% 5.66% 5.64% 4.18% 3.53%
Vanguard LifeStrategy High Growth Fund Before Tax (Net of Fees) -30.36% -0.74% 5.69% 5.73% 3.78% 2.76%
After Tax On Distributions -30.43% -0.80% 5.72% 5.80% 3.83% 2.83%
After Tax If fully Redeem/Withdraw -26.95% -0.13% 5.70% 5.73% 3.89% 2.95%
    1 Year 3 Yrs (pa) 5 Yrs (pa) 6 Yrs (pa) 7 Yrs (pa) 8 Yrs (pa)