Benefits of investing in the Macquarie Master Balanced Fund

Investing in the Fund has a number of benefits, including but not limited to:

• Potential for a balanced level of growth and income.

• Potential for consistent returns by investing across different asset sectors.

• Access to the investment management expertise of Macquarie Investment Management.

Risk level

Medium

Investor suitability

The Fund may be suitable for investors who are looking for an investment with the objective of the Fund listed above and are prepared to accept the risks of the Fund set out in Section 4 of the PDS.

The Fund may be suitable for investors who are looking for an investment with the objective of the Fund listed above and are prepared to accept the risks of the Fund set out in Section 4. A Target Market Determination (TMD) for the Fund which includes a description of the class of consumers for whom the Fund is likely to be consistent with their objectives, financial situation and needs is available at macquarieim.com/TMD.

About the Fund

The Fund provides exposure to a diversified portfolio of growth assets, including shares and alternative assets, with some exposure to cash and fixed interest.

The Fund aims to outperform the Macquarie Balanced Growth Structured Benchmark over the medium term (before fees). It aims to provide a balanced level of growth and income.

Some of its key features include:

• Provides exposure to equities, with some exposure to cash and fixed interest.

• May provide exposure to alternative assets.

• Potential for reduced investment risk through the diversification of investments.

• Seeks to take advantage of the asset sectors that represent the best value at any given time.

How we invest your money

The Investment Manager aims to deliver above index returns through an active investment approach that identifies and pursues investment opportunities within set limits through a combination of active management within each asset class and tactical asset allocation across asset classes to meet the objective of the Fund.

The Fund gains exposure to securities either directly or through funds managed by a member of the Macquarie Group and external managers.

The Fund may be exposed to derivatives and currencies. Derivatives may be used for hedging or active investment purposes.

Asset allocation

(Asset sector: Neutral / Min-Max)

• Cash: 1.5% / 0-40%

• Strategic income: 9% / 0-30%

• Fixed interest - Australian: 17.5% / 0-50% (combined with Global)

• Fixed interest - global: 7.5% / 0-50% (combined with Australian)

• Inflation linked bonds: 5% / 0-10%

• Australian shares: 26% / 0-40%

• Global shares - developed markets: 13.5% / 0-50% (combined with emerging markets)

• Global shares - emerging markets: 12% / 0-50% (combined with developed markets)

• Alternative assets: 8% / 0-25%