Vanguard® Index Australian Shares Fund Vanguard fund profile At a glance As at 30 September 2014 APIR code Management costs First $50,000 Next $50,000 Balance over $100,000 Buy spread Sell spread Commencement Minimum investment Income distribution Investment style VAN0010AU 0.75% p.a. 0.50% p.a. 0.35% p.a. +0.15% –0.10% 26 October 1998 $5,000 Half Yearly Features, benefits & risks Diversification Has exposure to around 300 of the largest Australian companies and property trusts listed on the Australian Securities Exchange (ASX). The fund seeks to track the return (income and capital appreciation) of the S&P/ASX 300 Index before fees, expenses and tax. Capital growth potential and taxeffective income Includes exposure to companies offering franking benefits that can offset income tax on half yearly distributions and offers long-term capital growth potential through its diversified portfolio of Australian shares. Strategy Tax-effective returns The fund is managed to closely match the risk characteristics of the index, while minimising transaction costs and effectively managing index changes. Through a buy and hold investment strategy the fund offers a taxefficient solution for investors seeking to gain broad exposure to the Australian share market at low cost. The fund achieves its investment objective by investing in the Vanguard ® Australian Shares Index Fund (the underlying fund). A buy and hold approach takes advantage of capital gains discounts and the deferral of capital gains liabilities, which may result in effective after-tax returns. Low cost investing Low management costs with no entry, exit or switching fees other than usual buy/sell spreads. Risks High - the potential for higher returns than lower risk investments, however there is the higher potential for below-average returns and/or some loss of capital. Please see Product Disclosure Statement for further details. Objective Connect with Vanguard™ > vanguard.com.au ® Vanguard Index Australian Shares Fund Dated 30 September 2014 Overview Holdings Fund Fund size (AUD) Inception date Management costs Buy/sell spread No. of securities5 Benchmark Underlying fund $461.0 Million 26 October 1998 0.75% pa - for that portion up to $50,000 0.50% pa - for that portion from $50,001 to $100,000 0.35% pa - for that portion over $100,000 +0.15% / -0.10% 299 S&P/ASX 300 Index Vanguard Australian Shares Index Fund Performance return1,2 (%) 1 month 3 months 6 months 1 year 3 years (pa) 5 years (pa) 10 years (pa) Inception (pa) Fund Gross Bmk -5.37 -0.53 0.34 5.81 14.42 6.66 8.39 9.18 -5.37 -0.56 0.30 5.73 14.37 6.57 8.23 9.01 Fund Total Dist Growth -5.43 -0.72 -0.04 5.02 13.58 5.87 7.58 8.37 0.00 0.00 1.17 3.90 4.42 3.88 4.62 4.02 -5.43 -0.72 -1.21 1.12 9.16 1.99 2.96 4.35 Year to year franking levels and gross return 1,2 (%) Dec - Dec YTD 2014 2013 2012 2011 Top 10 holdings 1 CBA 2 BHP Billiton 3 Westpac 4 ANZ 5 NAB 6 Telstra 7 Wesfarmers 8 Woolworths 9 CSL 10 Woodside Petroleum The Top 10 holdings represent 53.2% of the total underlying fund Sector allocation5 (%) 8.0 8.0 Consumer Staples Fund Bmk Fund Bmk Franking 2.36 n/a 19.69 19.83 -10.84 2.29 n/a 19.68 19.74 -10.98 -0.53 17.29 21.95 -6.90 11.98 -0.56 17.25 21.90 -7.01 11.90 n/a 90.7 90.0 91.3 89.6 Purchase Withdrawal $1.9738 $1.9688 5.1 5.1 Health Care 37.9 37.9 Financials ex Property 6.6 6.6 Property Trusts 1.0 1.0 5.5 5.5 Telecom. Services Utilities Amount (CPU) 4.2 4.2 Consumer Discretionary June - June Income distribution4 Half year ended 7.1 7.1 Industrials Information Technology $1.9708 16.4 16.4 Materials Unit prices3 Net asset value 6.4 6.4 Energy 1.8 1.8 Reinvestment price 30 June 2014 2.3589 $1.9851 As at 30 June 2014, the gross distribution of 2.3589 cents per unit comprised 2.3589 of net (cash) distribution plus 0.8971 by way of franking credits and foreign tax credits. Notes 1. Past performance is not an indication of future performance 2. Returns assume reinvestment of all distributions. Returns for periods longer than 1 year are annualised. Fund gross returns are before management costs and taxes, but after transaction and operational costs. Fund total return is the fund gross return less management costs. Index returns do not allow for taxes, management, transaction and operational costs. 3. Month end cumulative-distribution 4. Past distributions are not an indication of future distributions 5. Figures as per underlying fund Connect with VanguardTM > vanguard.com.au > 1300 655 101 Vanguard Investments Australia Ltd (ABN 72 072 881 086 / AFS Licence 227263) is the product issuer. We have not taken your circumstances into account when preparing the above information so it may not be applicable to your circumstances. You should consider your circumstances and our Product Disclosure Statement (PDS) before making any investment decision. You can access our PDS on our website or by calling us. This information was prepared in good faith and we accept no liability for any errors or omissions. Past performance is not an indication of future performance. © 2014 Vanguard Investments Australia Ltd. All rights reserved. The data and content contained herein which are sourced from Morningstar are not guaranteed to be accurate, complete or timely. Neither Morningstar, nor its affiliates nor their content providers will have any liability for use or distribution of any of this information. To the extent that any of the content above constitutes advice, it is general advice that has been prepared by Morningstar Australasia Pty Ltd ABN: 95 090 665 544, AFSL: 240892 (a subsidiary of Morningstar, Inc.), without reference to your objectives, financial situation or needs. Before acting on any advice, you should consider the appropriateness of the advice and we recommend you obtain financial, legal and taxation advice before making any financial investment decision. If applicable investors should obtain the relevant product disclosure statement and consider it before making any decision to invest. Please refer to our Financial Services Guide (FSG) for more information at www.morningstar.com.au/fsg.pdf. ©2014 Morningstar, Inc. All rights reserved.