Disclosures: Research, Ratings and Logos

SuperRatings Ratings and Logos

Ratings and logos are published by SuperRatings Pty Ltd ABN: 95 100 192 283 (SuperRatings), a Corporate Authorised Representative (CAR No.1309956) of Lonsec Research Pty Ltd ABN 11 151 658 561, AFSL No. 421445, a wholly owned subsidiary of Lonsec Holdings Pty Ltd ABN: 41 151 235 406 (Lonsec Group). Generation Development Group Limited ABN: 90 087 334 370 is the parent company of Lonsec Group. Ratings are general advice only and have been prepared without taking account of your objectives, financial situation or needs. Consider your personal circumstances, read the product disclosure statement and seek independent financial advice before investing. The rating and/or logo is not a recommendation to purchase, sell or hold any product. Past performance information is not indicative of future performance. Ratings and logos are subject to change without notice and SuperRatings assumes no obligation to update. SuperRatings uses objective criteria and receives a fee for publishing ratings and logos. Except for any liability which cannot be excluded, no representation, warranty or undertaking, express or implied is made and no responsibility or liability is accepted by SuperRatings, its directors, officers, employees and agents for any error or inaccuracy, misstatement or omission from this document or any loss or damage suffered by the recipient or any other person as a consequence of relying upon it. Visit superratings.com.au for ratings information and to access the full report. ©2026 SuperRatings. All rights reserved.

Lonsec Research Ratings

Ratings are published by Lonsec Research Pty Ltd ABN: 11 151 658 561 AFSL 421 445 (Lonsec Research) a wholly owned subsidiary of Lonsec Holdings Pty Ltd ABN: 41 151 235 406 (Lonsec Group). Generation Development Group Limited ABN: 90 087 334 370 is the parent company of Lonsec Group. Ratings are general advice only and have been prepared without taking into account investors’ objectives, financial situation or needs. Consider your personal circumstances, read the product disclosure statement and seek independent financial advice before investing. The rating is not a recommendation to purchase, sell or hold any product. Past performance information is not indicative of future performance. Ratings are subject to change without notice and Lonsec Research assumes no obligation to update. Lonsec Research uses objective criteria and receives a fee from the Fund Manager. Except for any liability which cannot be excluded, no representation, warranty or undertaking, express or implied is made and no responsibility or liability is accepted by Lonsec Research, its directors, officers, employees and agents for any error or inaccuracy, misstatement or omission from this document or any loss or damage suffered by the recipient or any other person as a consequence of relying upon it. Visit lonsec.com.au for ratings information and to access the full report. © 2026 Lonsec. All rights reserved.

Lonsec Consistency Seal

A Lonsec Consistency Seal (‘Seal’) is issued by Lonsec Research Pty Ltd (‘Lonsec’) ABN 11 151 658 561 AFSL 421 445.

Lonsec receives a fee from fund managers for the right to use Seals.

A Seal is limited to general advice only. An investor should obtain a Product Disclosure Statement (‘PDS’) relating to the product, consider the PDS and seek independent financial advice before making any decision about whether to acquire the product.

A Seal is not a recommendation to purchase, sell or hold any product.

Past performance is not a reliable indicator of future performance.

Lonsec Research Awards issued in partnership with Prime Creative Media

This logo relates to the 2026 Fund Manager of the Year Awards (‘Award’) that were announced on 26 June 2026.
The Awards Program is owned by Prime Creative Media Pty Ltd ABN 51 127 239 212. Lonsec Research Pty Ltd ABN 11 151 658 561 AFSL 421 445 (‘Lonsec’) is the Exclusive Partner of the Awards Program. The Awards Programs’ judging panel applies a robust methodology to determine Award finalists and winners.
Lonsec receives a fixed fee from category winners for the rights to use Award logos. Lonsec does not receive a fee from category finalists for the rights to use Award logos. An Award logo is limited to general advice. An investor should obtain a Product Disclosure Statement (‘PDS’) relating to the product, consider the PDS and seek independent financial advice before making any decision about whether to acquire the product. An Award logo is not a recommendation to purchase, sell or hold the product.
Past performance is not a reliable indicator of future performance.