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1
Disclaimer
This information has been provided by MLC Limited (ABN 90 000 000 402) a member of the National group, 105-153 Miller Street, North Sydney 2060. This
material was prepared for advisers only.
MLC Investments Limited ABN 30 002 641 661 is the issuer of interests in each fund of the MLC MasterKey Unit Trust and MLC Nominees Pty Limited ABN
93 002 814 959 is the issuer of MLC MasterKey Superannuation and the MLC Allocated Pension. Information about the MLC MasterKey Horizon Series is
available in the current Product Disclosure Statement (‘PDS’) or other disclosure document, copies of which are available upon request by phoning the
MasterKey Service Centre on 133 433 or on our website at mlc.com.au. Persons should consider the relevant PDS in deciding whether to acquire, or to
continue to hold, this product. Persons wishing to acquire an interest in this product must complete the application form attached to the relevant PDS.
This material contains general information and was produced as an information service only and may constitute general advice. It was prepared without
assuming a duty of care. It has not been prepared taking into account any person’s particular investment objectives, financial situation or individual needs. It
should not be relied upon as a substitute for financial or other specialist advice. Before making any investment decisions on the basis of this presentation, you
should consider, with or without advice, the contents of this presentation in light of your particular investment objectives, financial situation and individual
needs. Opinions expressed constitute our judgement at the time of issue and are subject to change. Before making and decision about any financial products
which may be mentioned in this material you should obtain and read the Product Disclosure Statement or Offer Document directly related to that product.
Past performance is not indicative of future performance. The value of an investment may rise or fall with the changes in the market.
An investment in a MasterKey product does not represent either a deposit with, or a liability of, the National Australia Bank Limited (ABN 12 004 044 937) or
other company in the National group of companies. Investments in the scheme may be subject to investment risk including possible delays in repayment, loss
of income or capital invested. None of MLC Limited, The National Australia Bank Limited, any appointed investment manager or other member company in
the National group of companies, stands behind or guarantees the performance, return of capital or income, or tax status of MasterKey products except
where specified in the current Product Disclosure Statement (or Offer Document).
2
Global share returns (in local
currency)
70%
50%
30%
10%
-10%
-30%
Source: Calculated by MLC Investments Limited using data presented in DMS Data Module offered through
the Ibbotson Associates’ software program EnCorr. Based on copyrighted books by Dimson, Marsh, and
Staunton, Triumph of the Optimists, Princeton University Press, (c) 2002, and Global Investment Returns
Yearbook 2004, ABN AMRO/London Business School (c) 2004. All rights reserved. Used with permission.
2005
2000
1995
1990
1985
1980
1975
1970
1965
1960
1955
1950
1945
1940
1935
1930
1925
1920
1915
1910
1905
1900
-50%
3
Global share returns (in local
currency)
60%
50%
40%
30%
20%
10%
0%
-10%
-20%
Source: Calculated by MLC Investments Limited using data presented in DMS Data Module offered through
the Ibbotson Associates’ software program EnCorr. Based on copyrighted books by Dimson, Marsh, and
Staunton, Triumph of the Optimists, Princeton University Press, (c) 2002, and Global Investment Returns
Yearbook 2004, ABN AMRO/London Business School (c) 2004. All rights reserved. Used with permission.
2005
2000
1995
1990
1985
1980
1975
1970
1965
1960
1955
1950
-30%
4
Global share returns (in local
60%
currency)
50%
40%
30%
20%
10%
0%
-10%
Source: Calculated by MLC Investments Limited using data presented in DMS Data Module offered through
the Ibbotson Associates’ software program EnCorr. Based on copyrighted books by Dimson, Marsh, and
Staunton, Triumph of the Optimists, Princeton University Press, (c) 2002, and Global Investment Returns
Yearbook 2004, ABN AMRO/London Business School (c) 2004. All rights reserved. Used with permission.
2005
2004
2003
2002
2001
2000
1999
1998
1997
1996
1995
1994
1993
1992
1991
1990
1989
1988
1987
1986
1985
1984
1983
1982
1981
1980
-20%