Australian Equities Update




Disclaimer

Goldman Sachs JBWere Managed Funds Limited ABN 63 005 885 567, AFSL 230251 (‘GSJBWMFL’) is the issuer of units in the range of Goldman Sachs JBWere Funds (‘Funds’). Before deciding whether to invest in any of the Funds, investors should first consider the PDS for the Funds which is available at www.gsjbw.com/assetmanagement or by calling our Investor Service team on 1800 034 494.

This document has been prepared by GSJBWMFL. It is not a product of the Goldman Sachs JBWere Investment Research Department. To the extent that this document discusses general market activity, industry or sector trends, or other broad based economic or political conditions, it should not be construed as research or investment advice. To the extent it includes references to specific securities, those references do not constitute a recommendation to buy, sell or hold such security, and the information may not be current.

This presentation contains general financial product advice only. In preparing this document, GSJBWMFL did not take into account the investment objectives, financial situation or particular needs (‘financial circumstances’) of any particular person. Accordingly, before acting on any advice contained in this document, you should assess whether the advice is appropriate in light of your own financial circumstances or contact your financial adviser. GSJBWMFL manages the Funds and will receive fees as set out in the PDS. A once off contribution fee of up to 4% is payable in connection with all applications for units in the Goldman Sachs JBWere Australian Equities Fund. For applications in the Goldman Sachs JBWere Australian Equities Fund lodged through a Goldman Sachs JBWere Pty Ltd (‘GSJBW’) adviser, GSJBWMFL may pay to GSJBW a trailing commission of up to 0.55% p.a. while the investment remains in existence. GSJBW may pay up to 50% of each of these amounts to your adviser.

GSJBWMFL believes that the information contained in this document is correct and that any estimates, opinions, conclusions or recommendations contained in this document are reasonably held or made as at the time of compilation. However, no warranty is made as to the accuracy or reliability of any estimates, opinions, conclusions, recommendations (which may change without notice) and, to the maximum extent permitted by law, GSJBWMFL disclaims all liability and responsibility for any direct or indirect loss or damage which may be suffered by any recipient through relying on anything contained in or omitted from this document.

Past performance is not a reliable indicator of future performance.

A copy of the GSJBMFL Financial Services Guide is available here.