ADVANCE INVESTMENT FUNDS Additional information – investment managers Issued: 1 July 2021

Unless otherwise indicated, the information in this document forms part of the Product Disclosure Statement (PDS) for each of the Advance Investment Funds (each a 'Fund'), issued by Advance Limited ABN 98 002 538 329 AFSL 240902. The Advance Diversified Multi-Blend Funds and Sector Multi-Blend Funds may invest in investment managers directly or through underlying funds. This is important information you should read before making a decision to invest in the Funds. ASSET CLASS MANAGERS SECTOR MULTI-BLEND FUNDS Equity – Australian Listed FIL () Limited Advance Australian Shares Multi-Blend Fund Realindex Pty Limited Yarra Capital Management Limited Pendal Institutional Limited Platypus Asset Management Pty Limited Solaris Investment Management Limited Vinva Investment Management Limited

BlackRock Investment Management (Australia) Limited Equity – International Listed Ardevora Asset Management LLP Advance International Shares Multi-Blend Fund First Sentier Investors Realindex Pty Limited River & Mercantile Asset Management LLP T. Rowe Price International Ltd Wellington Management Australia Pty Ltd

BlackRock Investment Management (Australia) Limited Pendal Institutional Limited Wellington Management Limited Wellington Management Pte Ltd

Property – Australian and BlackRock Investment Management (Australia) Limited Advance Property Securities Multi-Blend Fund International Listed and Principal Global Investors (Australia) Limited Unlisted

ADVANCE DIVERSIFIED MULTI-BLEND FUNDS¹ Heitman Capital Management LLC Unlisted Infrastructure First Sentier Infrastructure Managers (International) Limited First Sentier Investors (Australia) Infrastructure Managers Pty Ltd Roc Capital Pty Limited JPM Investment Management Inc

Fixed Income – Australian AMP Capital Investors Limited Advance Australian Fixed Interest Multi-Blend Investors (Australia) Institutional Funds Management Fund Limited Pendal Institutional Limited ASSET CLASS MANAGERS SECTOR MULTI-BLEND FUNDS Fixed Income – International Angelo, Gordon & Co., L.P2 Advance International Fixed Interest Multi-Blend Fund Sound Point Capital Management L.P2 Intermediate Capital Managers (ICG) Limited2 Mellon Investments Corporation Pacific Investment Management Company (PIMCO) LLC2 PIMCO Australia Pty Ltd Wellington Management Australia Pty Ltd Western Asset Management Company Pty Ltd

TCW Asset Management Company LLC TwentyFour Asset Management LLP Kapstream Capital Pty Limited

Other – Growth and Defensive Acadian Asset Management Alternatives Magnetar Financial LLC SouthPeak Investment Management Pty Limited ADVANCE DIVERSIFIED MULTI-BLEND FUNDS¹

Cash BlackRock Investment Management (Australia) Limited Advance Cash Multi-Blend Fund Pendal Institutional Limited

1 The Advance Diversified Multi-Blend Funds (together the 'Diversified Funds'), include the Advance Defensive Multi-Blend Fund, Advance Moderate Multi-Blend Fund, Advance Balanced Multi-Blend Fund, Advance Growth Multi-Blend Fund and the Advance High Growth Multi-Blend Fund. The Diversified Funds have exposure across the suite of investment managers listed, with the exception of those individually disclaimed. The Advance High Growth Multi-Blend Fund does not currently invest into Fixed Income (Australian or International). 2 The Advance High Growth Multi-Blend Fund does not invest in these investment managers. The remaining Diversified Funds (noted in footnote 1) maintain exposures to the investment managers.

The information in this document provides general information only and has been prepared without taking into account the personal objectives, financial situation or needs of any particular person. It does not constitute investment advice and should not be relied upon as such. Before acting on the information, a person should consider its appropriateness having regard to their personal objectives, financial situation and needs. Investment advice should be sought in respect of individual circumstances. Advance Asset Management Limited (Advance) is a subsidiary of Westpac Banking Corporation ABN 33 007 457 141 AFSL 233714 (Westpac). An investment in a Fund is not an investment in, deposit with, or other liability of Westpac or any other company in the Westpac Group. An investment in a Fund is subject to investment risk, including possible delays in the payment of withdrawals and loss of income and principal invested. No member of the Westpac Group (including Advance) stands behind or otherwise guarantees the capital value or investment performance of the relevant Fund.

Advance Asset Management, GPO Box B87, Perth WA 6838 Customer Relations 1800 819 935 Email [email protected] advance.com.au AD31370-0721ox