Element Balanced Fund :: Element Investment Management

Investment Returns

As at 30 April 2012	Element Balanced Fund	Prudential Variable Equity Average	RELATIVE
Annualised since Inception	6.4%	9.6%	-3.2%
Annualised 2 year	7.2%	9.0%	-1.8%
1 year	7.9%	8.9%	-1.0%

	Jan	Feb	Mar	April	May	Jun	Jul	Aug	Sept	Oct	Nov	Dec
2009												-0.02%
2010	-1.27%	0.77%	0.94%	0.76%	-0.35%	0.01%	1.72%	0.55%	1.30%	0.83%	-0.11%	0.25%
2011	1.12%	0.62%	-0.61%	0.97%	0.77%	-1.02%	-0.70%	0.38%	0.70%	3.64%	0.55%	1.14%
2012	1.34%	0.16%	0.48%	0.25%