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| PAST SYNDICATES |
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| Murray House Property Syndicate |
| The Murray House Property Syndicate gives investors an opportunity to invest in a commercial office building in Hobart's CBD. At acquisition, it was fully tenanted with 85% of the tenancy dominated by two departments of the Tasmanian State Government. The property was sold on 1 February 2008. |
Please note that past performance is not a reliable indicator of future performance.
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| Fund Distribution* Performance |
 |
| 2006:
8.50%
|
| 2007:
9.00%
|
| 2008:
9.25%
|
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| Date
Sold:
01 Feb 2008
|
| Capital
Gain:
24.70%
|
| Combined
Yield: 46.19% |
|
* In calculating the Distribution Return, Key Capital has adopted The
Investment and Financial Services Association's Standard No. 6 "Product
Performance - Calculation of Returns" which defines "Distribution" as "the cash
amount (in cents per unit) that is paid to continuing Scheme Holders after the
end of a Distribution Period. Note that this should be interpreted to include
income, realised capital gain and any return of capital".
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