The fund's 6.6% three year return till end of June 01 fell far short of its 65% equity, 25% bond and 10% cash benchmark's 45% performance and a 14.6% one year return fell short of the 22% average of the top five funds in the sector. There is also a low bond content and a high resource exposure as at June 01 which does not bode well in a rapidly changing market.