Funds

Performance

Retail

Performance figures assume reinvestment of income, and are calculated for the United investment Funds on withdrawal values, net of investment management fees and fund expenses. No allowance has been made for entry fees or tax.

Wholesale

Performance figures assume reinvestment of income, and are calculated for the United Sector Leaders Funds and United High Yield Fund on withdrawal values, before investment management fees and fund expenses.

UNITED INVESTMENT FUNDS	As at	3 mths % p.a.	1 yr % p.a.	2 yrs % p.a.	3 yrs % p.a.	4 yrs % p.a.	5 yrs % p.a.	S.I. % p.a.	Performance History Graph	Profile	Unit Prices
Australian Equity Funds
United Australian Equity Fund (Entry Fee)	31/05/10	-3.2	16.8	n/a	-11.1	-3.0	2.3	4.9
United Australian Equity Fund (Nil Entry)	31/05/10	-3.2	16.2	n/a	-12.1	-3.9	1.4	4.0
International Equity Funds
United Global Shares Fund (Entry Fee)	31/05/10	2.1	7.7	n/a	-16.6	-10.2	-4.9	-4.3
United Global Shares Fund (Nil Entry Fee)	31/05/10	1.3	5.5	n/a	-19.0	-12.3	-6.8	-6.3
Diversified Funds
United Diversified Growth Fund (Entry Fee)	31/05/10	0.1	13.2	n/a	-8.8	-3.0	0.8	2.5
United Diversified Growth Fund (Nil Entry Fee)	31/05/10	-0.0	13.0	n/a	-9.2	-3.4	0.5	2.1
United Diversified Conservative Fund (Entry Fee)	31/05/10	0.9	10.7	n/a	-1.6	1.3	3.0	3.8
United Diversified Conservative Fund (Nil Entry Fee)	31/05/10	0.8	9.9	n/a	-2.2	0.7	2.4	3.3
United Diversified Balanced Fund (Entry Fee)	31/05/10	0.4	11.8	n/a	-5.4	-0.9	1.8	3.2
United Diversified Balanced Fund (Nil Entry Fee)	31/05/10	0.3	11.4	n/a	-5.8	-1.4	1.4	2.8

UNITED CASH MANAGEMENT FUND	As at	Yield (% p.a) *							Performance History Graph	Profile	Unit Prices
None
United Cash Management Fund	07/09/10	4.78

UNITED HIGH YIELD WHOLESALE FUND	As at	3 mths % p.a.	1 yr % p.a.	2 yrs % p.a.	3 yrs % p.a.	4 yrs % p.a.	5 yrs % p.a.	S.I. % p.a.	Performance History Graph	Profile	Unit Prices
United High Yield Fund	31/05/10	1.3	19.2	n/a	2.5	5.3	5.4	6.3

UNITED CAPITAL SECURE WHOLESALE FUND	As at	3 mths % p.a.	1 yr % p.a.	2 yrs % p.a.	3 yrs % p.a.	4 yrs % p.a.	5 yrs % p.a.	S.I. % p.a.	Performance History Graph	Profile	Unit Prices
United Capital Secure Fund	31/05/10	1.5	9.8	n/a	4.1	n/a	n/a	4.9

UNITED SECTOR LEADERS WHOLESALE FUNDS	As at	3 mths % p.a.	1 yr % p.a.	2 yrs % p.a.	3 yrs % p.a.	4 yrs % p.a.	5 yrs % p.a.	S.I. % p.a.	Performance History Graph	Profile	Unit Prices
United Sector Leaders Australian Equities Fund	31/05/10	-2.8	19.6	n/a	-9.1	-0.7	4.8	10.2
United Sector Leaders International Equities Fund	31/05/10	2.8	11.0	n/a	-14.5	-7.7	-2.1	4.7
United Sector Leaders Fixed Interest Fund	31/05/10	2.6	13.5	n/a	8.2	7.7	6.9	8.0
United Sector Leaders Australian Property Fund	31/05/10	-0.9	27.7	n/a	-25.4	-12.8	-7.3	7.8
United Sector Leaders Cash Fund	31/05/10	1.3	6.3	n/a	4.7	5.5	5.6	5.6
United Sector Leaders Capital Growth Fund	31/05/10	0.6	16.1	n/a	-6.7	-0.5	3.6	7.1
United Sector Leaders Capital Stable Fund	31/05/10	1.4	13.2	n/a	0.6	3.7	5.4	7.2
United Sector Leaders Capital Balanced Fund	31/05/10	0.9	14.3	n/a	-3.3	1.5	4.4	5.7
United Sector Leaders Diversified Aggressive Fund	31/05/10	0.5	16.4	n/a	-9.7	n/a	n/a	-6.6
United High Growth Fund	31/05/10	0.2	16.2	n/a	n/a	n/a	n/a	-7.2
United Alternatives Fund	31/05/10	3.2	19.3	n/a	n/a	n/a	n/a	17.0
United International Property Fund	31/05/10	2.2	34.2	n/a	n/a	n/a	n/a	23.7

UNITED CASH MANAGEMENT FUND	As at	3 mths % p.a.	1 yr % p.a.	2 yrs % p.a.	3 yrs % p.a.	4 yrs % p.a.	5 yrs % p.a.	S.I. % p.a.	Performance History Graph	Profile	Unit Prices
United Cash Management Fund Class D	30/09/09	n/a	n/a	n/a	n/a	n/a	n/a	0.0