Ann: FUMAS for period ended 30 June 2018 and ANZ Wealth update, page-26

Hi Thunder,

I have traded in and out of IFL for a number of years and done okay.

I have recently bought back in because of the ANZ acquisition. It is a massive bite. I am confident that it will work out well as IFL have a superb track record of integration and extracting synergies. The CEO is a real gem.

I also appreciate some very long and informative posts my Madamswer and in conjuction with my own research decided to invest. It is a minimum 3 year hold.

The Royal Commission has buggered me a bit however it will pass.

The FUMAS announcement late this week reinforces why IFL is a well run business. It has achieved organic funds growth in a period of the most adverse publicity imaginable.

I look forward to the next few reporting periods.