Total Returns by Asset Class

Calendar
Year

Cash
(%)

Australian
Fixed Interest (%)

International
Fixed Interest Hedged (%)

Listed Property
(%)

Australian
Shares (%)

International Shares (%)

Alternative Assets (%)

Residential Property (%)

1985

16.4

8.1

n/a

5.2

44.1

71.7

n/a

n/a

1986

16.7

19.0

n/a

35.4

52.2

46.3

n/a

n/a

1987

15.3

18.6

n/a

5.7

-7.9

7.5

n/a

20.1

1988

12.8

10.1

n/a

16.1

17.9

4.7

n/a

43.7

1989

18.4

18.9

n/a

2.3

17.4

26.9

n/a

9.2

1990

16.2

19.1

11.8

8.7

-17.5

-14.6

5.9

7.1

1991

11.2

24.7

15.4

20.1

34.2

20.9

28.3

10.0

1992

6.9

10.4

4.6

7.0

-2.3

5.4

19.5

8.6

1993

5.4

16.3

12.3

30.1

45.4

24.6

27.3

9.0

1994

5.3

-4.7

1.3

-5.6

-8.7

-7.6

4.1

9.3

1995

8.1

18.7

19.3

12.7

20.2

26.5

19.7

5.3

1996

7.6

11.9

4.4

14.5

14.6

6.8

19.4

9.0

1997

5.6

12.2

1.4

20.3

12.2

41.7

15.9

13.7

1998

5.1

9.5

15.3

18.0

11.6

32.6

3.2

11.5

1999

5.0

-1.2

-5.1

-5.0

14.9

17.5

27.9

15.1

2000

6.2

12.0

2.3

18.0

6.4

2.5

5.4

12.2

2001

5.3

5.5

-0.8

14.8

10.4

-9.4

4.7

22.0

2002

4.8

8.8

19.4

11.8

-8.8

-26.7

-1.3

24.0

2003

4.9

3.0

14.5

8.8

14.6

-0.3

18.0

22.7

2004

5.6

7.0

10.1

32.2

28.0

11.2

8.8

3.5

2005

5.7

5.8

-6.5

12.7

22.8

17.3

9.0

5.6

2006

6.0

3.1

5.9

34.1

24.2

12.1

12.3

12.9

2007

6.8

3.5

10.8

-8.4

16.1

-1.3

9.7

13.0

2008 (YTD)

4.8

6.3

3.3

-35.2

-20.3

-13.4

-4.8

0.0

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