|
|
 |
|
The following graph shows how a notional $100,000 invested at the Fund's Inception (20 December 2001) has increased to $325,000 (net of fees excluding performance fees) as at 31 December 2011. After performance fees, the amount would be approximately $296,500. This compares very favourably with the return of the market, where a $100,000 investment would have increased to $185,900 over the same period. The returns exclude the benefits of imputation credits. |
|
|
 |
|
|
Tables 1 and 2 show the PVIF performance relative to the S&P/ASX 300 Accumulation Index for the period 31 December 2011. Table 1 shows the performance on an annual basis and Table 2 shows the cumulative return. |
|
|
|
 |
 |
 |
 |  |
 |
 |
|
 |
3.5% |
-8.2% |
8.5% |
-3.4% |
2.1% |
12.4% |
|
 |
2.1% |
-11.0% |
7.7% |
-2.4% |
4.4% |
6.3% |
|
 |
1.4% |
2.8% |
0.8% |
-1.0% |
-2.3% |
6.1% |
|
|
|
|
 |
 |
 |  |
 |
 |
|
|
-8.2% |
27.7% |
-15.9% |
15.7% |
225.0% |
|
|
-11.0% |
24.8% |
-11.4% |
35.1% |
85.9% |
|
|
2.8% |
2.9% |
-4.5% |
-19.4% |
139.1% |
|
|
|
|
Chart 1 shows holdings by sectors and Chart 2 shows holdings by market capitalisation as at
31 December 2011. |
|
|
|
|
|
|
|
|
|
![Holdings by Sector [Pie Chart]](images/pvif_pie_sector_dec11.gif)
![Holdings by Market Capitalisation [Pie Chart]](images/pvif_pie_market_dec11.gif)