Appendix A - Asset class hierarchy

The following table shows the hierarchical relationships between the asset class sector type, asset class characteristic 1, asset class characteristic 2 and asset class characteristic 3.

<table cellspacing="0" cellpadding="0" style="width:100%; border:0.75pt solid #000000; border-collapse:collapse"><thead><tr><td style="width:78.05pt; border-right:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p style="font-size:12pt"><span style="font-weight:bold">Asset class sector type</span></p></td><td style="width:183.6pt; border-right:0.75pt solid #000000; border-left:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p style="font-size:12pt"><span style="font-weight:bold">Asset class characteristic 1</span></p></td><td style="width:200.5pt; border-right:0.75pt solid #000000; border-left:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p style="font-size:12pt"><span style="font-weight:bold">Asset class characteristic 2</span></p></td><td style="width:192.1pt; border-left:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p style="font-size:12pt"><span style="font-weight:bold">Asset class characteristic 3</span></p></td></tr></thead><tbody><tr><td style="width:78.05pt; border-top:0.75pt solid #000000; border-right:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p style="font-size:12pt"><span>Cash</span></p></td><td style="width:183.6pt; border:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p style="font-size:12pt"><span>Not Applicable</span></p></td><td style="width:200.5pt; border:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p style="font-size:12pt"><span>Cash Cash At Bank</span></p><p style="font-size:12pt"><span>Cash Term Deposit</span></p><p style="font-size:12pt"><span>Cash Short Term Bank Bills Or Securities</span></p><p style="font-size:12pt"><span>Cash Cash Management Trust</span></p><p style="font-size:12pt"><span>Not Applicable</span></p></td><td style="width:192.1pt; border-top:0.75pt solid #000000; border-left:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p style="font-size:12pt"><span>Not Applicable</span></p></td></tr><tr><td style="width:78.05pt; border-top:0.75pt solid #000000; border-right:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p style="font-size:12pt"><span>Fixed Income</span></p></td><td style="width:183.6pt; border:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p style="font-size:12pt"><span>Fixed Income Investment Grade</span></p><p style="font-size:12pt"><span>Fixed Income Non Investment Grade</span></p><p style="font-size:12pt"><span>Fixed Income Development</span></p><p style="font-size:12pt"><span>Fixed Income Established</span></p><p style="font-size:12pt"><span>Not Applicable</span></p></td><td style="width:200.5pt; border:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p style="font-size:12pt"><span>Fixed Income Bonds Government Coupon</span></p><p style="font-size:12pt"><span>Fixed Income Bonds Government Inflation-linked</span></p><p style="font-size:12pt"><span>Fixed Income Bonds Government Other</span></p><p style="font-size:12pt"><span>Fixed Income Bonds Corporate</span></p><p style="font-size:12pt"><span>Fixed Income Asset Backed Commercial Mortgage</span></p><p style="font-size:12pt"><span>Fixed Income Asset Backed Residential Mortgage</span></p><p style="font-size:12pt"><span>Fixed Income Asset Backed Other</span></p><p style="font-size:12pt"><span>Fixed Income Structured Non-Asset Backed</span></p><p style="font-size:12pt"><span>Fixed Income Mezzanine Debt</span></p><p style="font-size:12pt"><span>Fixed Income Private Debt</span></p><p style="font-size:12pt"><span>Fixed Income Enhanced Cash</span></p><p style="font-size:12pt"><span>Fixed Income Other</span></p><p style="font-size:12pt"><span>Not Applicable</span></p></td><td style="width:192.1pt; border-top:0.75pt solid #000000; border-left:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p style="font-size:12pt"><span>Fixed Income Short Term</span></p><p style="font-size:12pt"><span>Fixed Income Long Term</span></p><p style="font-size:12pt"><span>Not Applicable</span></p></td></tr><tr><td rowspan="2" style="width:78.05pt; border-top:0.75pt solid #000000; border-right:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p style="font-size:12pt"><span>Equity</span></p></td><td style="width:183.6pt; border:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p style="font-size:12pt"><span>Equity Listed Large Cap</span></p><p style="font-size:12pt"><span>Equity Listed Mid Cap</span></p><p style="font-size:12pt"><span>Equity Listed Small Cap</span></p><p style="font-size:12pt"><span>Equity Listed Micro Cap</span></p><p style="font-size:12pt"><span>Not Applicable</span></p></td><td style="width:200.5pt; border:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p style="font-size:12pt"><span>Equity Listed Active</span></p><p style="font-size:12pt"><span>Equity Listed Passive</span></p><p style="font-size:12pt"><span>Not Applicable</span></p></td><td style="width:192.1pt; border-top:0.75pt solid #000000; border-left:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p style="font-size:12pt"><span>Not Applicable</span></p></td></tr><tr><td style="width:183.6pt; border:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p style="font-size:12pt"><span>Equity Unlisted Development Or Early Stage</span></p><p style="font-size:12pt"><span>Equity Unlisted Established Or Late Stage</span></p><p style="font-size:12pt"><span>Not Applicable</span></p></td><td style="width:200.5pt; border:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p style="font-size:12pt"><span>Equity Unlisted Leveraged Buyout</span></p><p style="font-size:12pt"><span>Equity Unlisted Growth Equity</span></p><p style="font-size:12pt"><span>Equity Unlisted Venture Capital</span></p><p style="font-size:12pt"><span>Equity Unlisted Special Situations</span></p><p style="font-size:12pt"><span>Equity Unlisted Other</span></p><p style="font-size:12pt"><span>Not Applicable</span></p></td><td style="width:192.1pt; border-top:0.75pt solid #000000; border-left:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p style="font-size:12pt"><span>Not Applicable</span></p></td></tr><tr><td style="width:78.05pt; border-top:0.75pt solid #000000; border-right:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p style="font-size:12pt"><span>Property</span></p></td><td style="width:183.6pt; border:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p style="font-size:12pt"><span>Property Development</span></p><p style="font-size:12pt"><span>Property Established</span></p><p style="font-size:12pt"><span>Not Applicable</span></p></td><td style="width:200.5pt; border:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p style="font-size:12pt"><span>Property Commercial</span></p><p style="font-size:12pt"><span>Property Industrial</span></p><p style="font-size:12pt"><span>Property Retail</span></p><p style="font-size:12pt"><span>Property Residential</span></p><p style="font-size:12pt"><span>Property Agricultural</span></p><p style="font-size:12pt"><span>Property Other</span></p><p style="font-size:12pt"><span>Not Applicable</span></p></td><td style="width:192.1pt; border-top:0.75pt solid #000000; border-left:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p style="font-size:12pt"><span>Not Applicable</span></p></td></tr><tr><td style="width:78.05pt; border-top:0.75pt solid #000000; border-right:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p style="font-size:12pt"><span>Infrastructure</span></p></td><td style="width:183.6pt; border:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p style="font-size:12pt"><span>Infrastructure Development</span></p><p style="font-size:12pt"><span>Infrastructure Established</span></p><p style="font-size:12pt"><span>Not Applicable</span></p></td><td style="width:200.5pt; border:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p style="font-size:12pt"><span>Infrastructure Utilities</span></p><p style="font-size:12pt"><span>Infrastructure Airports</span></p><p style="font-size:12pt"><span>Infrastructure Toll Roads</span></p><p style="font-size:12pt"><span>Infrastructure Ports</span></p><p style="font-size:12pt"><span>Infrastructure Railways</span></p><p style="font-size:12pt"><span>Infrastructure Social Availability</span></p><p style="font-size:12pt"><span>Infrastructure Energy Assets</span></p><p style="font-size:12pt"><span>Infrastructure Communications</span></p><p style="font-size:12pt"><span>Infrastructure Other</span></p><p style="font-size:12pt"><span>Not Applicable</span></p></td><td style="width:192.1pt; border-top:0.75pt solid #000000; border-left:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p style="font-size:12pt"><span>Infrastructure Government</span></p><p style="font-size:12pt"><span>Infrastructure Non Government</span></p><p style="font-size:12pt"><span>Not Applicable</span></p></td></tr><tr><td style="width:78.05pt; border-top:0.75pt solid #000000; border-right:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p style="font-size:12pt"><span>Alternatives</span></p></td><td style="width:183.6pt; border:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p style="font-size:12pt"><span>Not Applicable</span></p></td><td style="width:200.5pt; border:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p style="font-size:12pt"><a id="_Hlk82172968"><span>Alternatives Activist</span></a></p><p style="font-size:12pt"><span>Alternatives Convertible Bond Arbitrage</span></p><p style="font-size:12pt"><span>Alternatives Credit Distressed</span></p><p style="font-size:12pt"><span>Alternatives Long Short Credit</span></p><p style="font-size:12pt"><span>Alternatives Long Short Equity</span></p><p style="font-size:12pt"><span>Alternatives Equity Market Neutral</span></p><p style="font-size:12pt"><span>Alternatives Event Driven</span></p><p style="font-size:12pt"><span>Alternatives Fixed Income Arbitrage</span></p><p style="font-size:12pt"><span>Alternatives Global Macro</span></p><p style="font-size:12pt"><span>Alternatives Managed Futures Or Commodity Trading Advisor</span></p><p style="font-size:12pt"><span>Alternatives Risk Arbitrage</span></p><p style="font-size:12pt"><span>Alternatives Volatility Arbitrage</span></p><p style="font-size:12pt"><span>Alternatives Multi Strategy</span></p><p style="font-size:12pt"><span>Alternatives Insurance Linked Securities</span></p><p style="font-size:12pt"><span>Alternatives Real Return Multi Asset Strategies</span></p><p style="font-size:12pt"><span>Alternatives Commodities</span></p><p style="font-size:12pt"><span>Alternatives Other</span></p><p style="font-size:12pt"><span>Not Applicable</span></p></td><td style="width:192.1pt; border-top:0.75pt solid #000000; border-left:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p style="font-size:12pt"><span>Not Applicable</span></p><p style="font-size:12pt"><span></span></p></td></tr><tr><td style="width:78.05pt; border-top:0.75pt solid #000000; border-right:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p style="font-size:12pt"><span>Currency Exposure</span></p></td><td style="width:183.6pt; border-top:0.75pt solid #000000; border-right:0.75pt solid #000000; border-left:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p style="font-size:12pt"><span>Not Applicable</span></p></td><td style="width:200.5pt; border-top:0.75pt solid #000000; border-right:0.75pt solid #000000; border-left:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p style="font-size:12pt"><span>Not Applicable</span></p></td><td style="width:192.1pt; border-top:0.75pt solid #000000; border-left:0.75pt solid #000000; padding-right:5.03pt; padding-left:5.03pt; vertical-align:top"><p style="font-size:12pt"><span>Not Applicable</span></p></td></tr></tbody></table>