Tower Australia

Risk Management Statement

Investment in Derivatives

Derivatives are financial contracts covering a wide assortment of financial instruments such as forwards, futures, options and swaps and may be used in managing the various asset classes of the Funds. Please refer to 'TOWER Australia Limited Risk Management Statement - Derivatives' for further information on TOWER Australia Limited's Risk Management Statement.

TOWER Australia Limited ABN 70 050 109 450 AFSL 237848 (as issuer of the policies) and TOWER Australian Superannuation Limited
ABN 69 003 059 407 AFSL 237851 (as Trustee for the following superannuation funds):

TOWER Master Fund ABN 20 891 605 180
TOWER Superannuation Fund for the General Public ABN 76 727 806 658

© TOWER Australia Group Limited ACN 003 401 698.