Bradley Nuttall 70% Equity / 30% Fixed Interest Portfolio70/30

BNL Portfolio 70/30: 70% Equtiy and 30% Fixed Income, Aggressive - Suitable for investors with a time horizon of approximately 9 years before they begin spending large amounts of their portfolio. This portfolio is acceptable for those seeking a higher degree of volatility in order to achieve higher portfolio growth.

Allocation: BNL Portfolio 70/30

Bradley Nutall Indices	Allocation (%)	Approximate Number of Stocks and Bonds
New Zealand Equity	11.00	50
New Zealand Real Estate	7.00	6
Australian Large Cap	3.30	100
Australian Value	5.50	200
Australian Small Cap	2.20	460
Global Core	27.20	5200
Global Value	5.90	640
Global Real Estate	2.00	270
Emerging Markets	5.90	1300
Five-Year Global Fixed Income	15.00	80
New Zealand Fixed Income	13.00	60
Cash	2.00	1
Totals*	15.00	8367

Sources, Disclosures and Updates: See BNL Disclosure page, *some positions may be in multiple and thus double counted.

Risk and Return: BNL Portfolio 70/30

Sources, Disclosures and Updates: Returns are net manager fees but gross advisor and custodial fees. See BNL Disclosure page.

Rolling Period Returns: BNL Portfolio 70/30 20 Years 1991 - 2011

Sources, Disclosures and Updates: Returns are net manager fees but gross advisor and custodial fees. See BNL Disclosure page.

Annual Returns: BNL Portfolio70/30 20 Years 1991 - 2011

Sources, Disclosures and Updates: Returns are net manager fees but gross advisor and custodial fees. See BNL Disclosure page.

Histogram of Annual Returns: BNL Portfolio 70/30 20 Years 1991 - 2011

Sources, Disclosures and Updates: Returns are net manager fees but gross advisor and custodial fees. See BNL Disclosure page.

Growth of $1 in BNL Portfolios 20 Years 1991 - 2011

Sources, Disclosures and Updates: Returns are net manager fees but gross advisor and custodial fees. See BNL Disclosure page.

Sources, Disclosures and Updates: Returns are net manager fees but gross advisor and custodial fees. See BNL Disclosure page.

Risk Return Scatter Plot in BNL Portfolios 20 Years 1991 - 2010

Sources, Disclosures and Updates: Returns are net manager fees but gross advisor and custodial fees. See BNL Disclosure page.

• All returns are net of management fees, but before adviser monitoring and custodial fees.
• All returns are gross of tax.
• Bradley Nuttall's asset allocations have changed over time. All returns are based on our current asset allocation model.
• Returns are a combination of actual returns (where available) and simulated data using relevant benchmarks.
• All returns have been sourced from data that Bradley Nuttall believes are accurate.
•  Past performance is not necessarily an indication of future performance.
• Individuals should obtain specific investment advice from a qualified adviser before making any investment decision.