 |
|
InvestSMART Newsletter - 25th September 2003 Orb Technology closes on Monday, 29th September 2003
Orb Technology is capital guaranteed fund, which we believe, will prove popular due to its guaranteed structure and recent renewed interest in the technology sector. If you are thinking of investing please get your application and money in the post today. As we have already seen, the more popular funds do sometimes close early; do not be disappointed get your applications in ASAP!
Investments in Orb Technology through InvestSMART will entitle investors to 12 months free Platinum Membership.
Our CashBack Program
Sydney's Sun Herald newspaper said InvestSMART was "Leading the charge to trim fat fees". InvestSMART rebates 100% of entry fees on nearly all managed funds and Platinum Members are able to participate in Australia's first CashBack Program which effectively reduces your management fees on participating managed funds by up to 20% by a simple annual CashBack. We are simply giving you back 80% of the trailing commission we earn from the fund manager as a result of your investments held with InvestSMART.
Do not be confused or misled if you have managed funds, superannuation or a DIY Super Trust you are more than likely PAYING MORE FEES THAN YOU SHOULD!
Click here to find out why we have more than 83,000 clients and are considered one of Australia's biggest discounters of managed funds.
IPOs/floats are once again in strong demand
The float premiums over the past month have been nothing short of impressive. The average returns for the past month have been 40%, with not one of the nine floats listing at a discount to their issue price. The best float over the past month, and in fact this calendar year, was NKWE Platinum Limited (NKP) with an impressive first day close of 136% premium to its 50cent issue price.
InvestSMART is currently in discussions with several companies looking to float. We hope to announce secure stock in a number of these exciting opportunities over the coming weeks. Our Platinum Members will receive priority access in any stock secured by InvestSMART. Platinum Membership benefits may be viewed here.
We currently have secure stock in GEC Asian Fund. It‘s an exchange-traded fund which is soon to be listed on the ASX.
"Valuations across Asia are cheap in an absolute sense at the current time, balance sheets are strong with many companies in net cash positions" comments Mr Kerry Series the managing director of Perennial Investment Partners Asia (manager of the GEC Asian Fund). "Taking a 3-5 year view, Asia offers significant investment opportunities which should yield superior returns over time, despite the current volatility and general economic gloom in Northern Hemisphere markets."
More upcoming floats can be found below in today's newsletter.
Regards
The InvestSMART Team
|
Offer Overview |
 |
| GEC ASIAN VALUE FUND |
| Opening Date for Applications |
August 25th 2003 |
| Closing Date for Applications |
September 26th 2003 |
| Minimum Investment |
$2000, then multiples of $500 |
| Fund Objective |
Long term capital appreciation |
| Options |
Subscribers during the initial offer period will receive one 18 month bonus option for every Unit purchased |
| Recommended Investment Period |
3-5 years |
| Risk Profile |
Aggressive |
| Distribution |
Policy Income distributions annually |
|
 Download the Prospectus/PDS 
Download an Independent Report
|
|
|
GEC Asian Value Fund |
|
The GEC Asian Value fund is an exchange-traded fund ("ETF"), soon to be listed on the ASX. The fund buys units in the Perennial Investment Partners' Asian Equity Trust.
John Collett wrote in the Sydney Morning Herald on Monday 3 September 2003, "the trust has returned 20% in the three months to 31 July 2003. The trust has one of the best performance of all Asian funds available to Australia investors, over all time frames, going back three years.".
Collett went on further to write, "Kerry Series, the managing director of Perennial Asia and the portfolio manager of the trust, is highly regarded by fund researchers and, as part owner of Perennial, is likely to be sticking around for the long term".
| Opening Date for Applications |
August 25th 2003 |
| Closing Date for Applications |
September 26th 2003 |
| Minimum Investment |
$2000, then multiples of $500 |
| Fund Objective |
Long term capital appreciation |
| Options |
Subscribers during the initial offer period will receive one 18 month bonus option for every Unit purchased |
| Recommended Investment Period |
3-5 years |
| Risk Profile |
Aggressive |
| Distribution |
Policy Income distributions annually |
|
"stop being ripped off"
InvestSMART already rebates 100% of entry and exit fees on most managed funds in Australia. Our CashBack Program now goes one step further and effectively entitles Platinum Members to a cash amount per annum equivalent to 80% of the trailing commission paid to InvestSMART from participating fund managers as a result of a member's investment.
A Member's yearly CashBack is based on the value of managed fund investments they hold with participating fund managers during that year, with InvestSMART nominated as the Fund Dealer. This cash payment effectively reduces a Member's management fees on those managed funds by up to 30%. Funds invested and ultimately a Member's CashBack amount may change due to the performance of funds, ongoing contributions and/or redemptions.
It's easy to nominate InvestSMART as your fund dealer for your existing managed funds. You simply need to fill in the following one page form:- Fund Dealer Nomination Form. STOP PAYING UNNECESSARY FEES AND ACT TODAY!
To find out more about InvestSMART's CashBack Program and how to stop paying unnecessary management fees CLICK HERE
Table 1 : Entry Fee and Trail Commission combined savings over 10 years
| |
Ongoing Monthly Contributions ($) |
| Initial Investment ($) |
0 |
100 |
200 |
500 |
1000 |
| 5,000 |
692 |
1,458 |
2,224 |
4,522 |
8,352 |
| 10,000 |
1,384 |
2,150 |
2,916 |
5,214 |
9,044 |
| 25,000 |
3,460 |
4,226 |
4,992 |
7,291 |
11,121 |
| 50,000 |
6,921 |
7,687 |
8,453 |
10,751 |
14,581 |
| 100,000 |
13,842 |
14,608 |
15,374 |
17,672 |
21,502 |
| 200,000 |
27,684 |
28,450 |
29,216 |
31,514 |
35,344 |
| 400,000 |
55,367 |
56,133 |
56,899 |
59,197 |
63,027 |
| NB: An approximate calculation based on 4% entry fee, 0.4% trail commission, 10 year investment period and 7% pa return on investment |
Table 2 : Entry Fee savings over 10 years
| |
Ongoing Monthly Contributions ($) |
| Initial Investment ($) |
0 |
100 |
200 |
500 |
1000 |
| 5,000 |
402 |
1,098 |
1,795 |
3,884 |
7,366 |
| 10,000 |
804 |
1,500 |
2,197 |
4,286 |
7,768 |
| 25,000 |
2,010 |
2,706 |
3,402 |
5,492 |
8,973 |
| 50,000 |
4,019 |
4,716 |
5,412 |
7,501 |
10,983 |
| 100,000 |
8,039 |
8,735 |
9,431 |
11,521 |
15,002 |
| 200,000 |
16,077 |
16,774 |
17,470 |
19,559 |
23,041 |
| 400,000 |
32,155 |
32,851 |
33,547 |
35,636 |
39,118 |
| NB: An approximate calculation based on 4% entry fee, 0.4% trail commission, 10 year investment period and 7% pa return on investment |
Table 3 : Trailing Commission savings over 10 years
| |
Ongoing Monthly Contributions ($) |
| Initial Investment ($) |
0 |
100 |
200 |
500 |
1000 |
| 5,000 |
290 |
360 |
429 |
638 |
987 |
| 10,000 |
580 |
650 |
720 |
929 |
1,277 |
| 25,000 |
1,451 |
1,520 |
1,590 |
1,799 |
2,147 |
| 50,000 |
2,902 |
2,971 |
3,041 |
3,250 |
3,598 |
| 100,000 |
5,803 |
5,873 |
5,942 |
6,151 |
6,500 |
| 200,000 |
11,606 |
11,676 |
11,746 |
11,954 |
12,303 |
| 400,000 |
23,213 |
23,282 |
23,352 |
23,561 |
23,909 |
| NB: An approximate calculation based on 4% entry fee, 0.4% trail commission, 10 year investment period and 7% pa return on investment |
Recent Float |
| Company Name: |
NKWE Platinum Limited (NKP) |
| Industry Sector: |
Other Metals |
| Float Date: |
24th Sep 2003 |
| Issue Price: |
$0.50 |
| First Day Open: |
$0.83 |
| First Day High: |
$1.20 |
| First Day Low: |
$0.83 |
| First Day Close: |
$1.18 |
| Volume: |
8,792,612 |
| Notes: |
The Company's strategy is to acquire, explore and develop cost effi cient Platinum Group Element (PGE) prospects in the Bushveld Complex in South Africa. The Company has secured options over six strategically located prospects in the Bushveld Complex and is raising $10 million to secure, explore and potentially acquire these prospects. The Bushveld Complex is the most productive platinum region in the world, producing in 2002 more than 70% of the world's platinum and 40% of the world's palladium. |
|
Upcoming Float |
| Company Name: |
Australian Leisure and Hospitality Group |
| Expected Offer Open: |
1st Oct 2003 |
| Expected Offer Close: |
22nd Oct 2003 |
| Expected Float Date: |
7th Nov 2003 |
| Issue Price: |
$2.40 |
| Notes: |
ALH is a leading leisure and entertainment business operating Australia's largest portfolio of pubs. In addition to operating 131 pubs across the five mainland States, ALH is Australia's third largest liquor retailer and the largest pub operator of electronic gaming machines in Australia. |
|
Upcoming Float |
| Company Name: |
Biometrics Limited |
| Expected Offer Open: |
2nd Oct 2003 |
| Expected Offer Close: |
30th Oct 2003 |
| Expected Float Date: |
11th Nov 2003 |
| Issue Price: |
$0.20 |
| Notes: |
Biometrics has focused on the need for increased security measures for areas of particular sensitivity and areas where there are increased risks of personal and commercial exposure to threats. To this end, the Company currently offers the Biometric Access Control Solution ("BACS"), which combines facial recognition, fingerprint identification, proximity card or numeric pad into one unit. |
|
Upcoming Float |
| Company Name: |
Cryptome Pharmaceuticals Limited |
| Expected Offer Open: |
24th Sep 2003 |
| Expected Offer Close: |
17th Oct 2003 |
| Expected Float Date: |
31st Oct 2003 |
| Issue Price: |
$0.25 |
| Notes: |
Cryptome Pharmaceuticals Ltd (CRYPTOME) was incorporated on 2 November 2001. It is an Australian company dedicated to rapid low-risk cost-effective drug discovery via an innovative process involving proteins - initially specializing in cardiovascular disease (CVD) and now planning to move into other therapeutic areas, like cancer. It is built around a biological approach which appears to have versatile applications, diverse relevance, and the potential for multiple revenue streams. |
|
Upcoming Float |
| Company Name: |
Goldstar Resources |
| Expected Offer Open: |
1st Oct 2003 |
| Expected Offer Close: |
15th Oct 2003 |
| Expected Float Date: |
21st Oct 2003 |
| Issue Price: |
$0.25 |
| Notes: |
Goldstar offers prospective shareholders the chance to invest in a company that has an opportunity to generate early and sustainable cashflow from its exciting portfolio of Australian mineral resource assets. Goldstar's most exciting and advanced project is the Walhalla Project in Victoria, which has strong potential to host combined gold resources in excess of 1 million ounces. |
|
Upcoming Float |
| Company Name: |
Innamincka Petroleum |
| Expected Offer Open: |
3rd Oct 2003 |
| Expected Offer Close: |
24th Oct 2003 |
| Expected Float Date: |
6th Nov 2003 |
| Issue Price: |
$0.20 |
| Notes: |
Innamincka Petroleum has obtained rights to earn substantial interests in 3 exploration permits, covering an area of 1.1 million acres. The prospective acreage is supported by the presence of several proximate producing oil and gas fields. In addition the Directors consider these permits contain some of the highest quality prospects currently identified in the Cooper Eromanga Basin. |
|
Upcoming Float |
| Company Name: |
ITL Limited |
| Expected Offer Open: |
25th Sep 2003 |
| Expected Offer Close: |
16th Oct 2003 |
| Expected Float Date: |
29th Oct 2003 |
| Issue Price: |
$0.50 |
| Notes: |
ITL is an Australian-based medical products innovator and manufacturer that has been in business for nine years and has already managed to secure large export orders for several innovative and patented products. |
|
|
Interested in sponsoring the InvestSMART Email Bulletin? Please email Ron Hodge at admin@investsmart.com.au for details.
To leave this free email service simply click here and follow the instructions (please DO NOT reply to this email).
|
|
IMPORTANT : This information has been prepared for distribution over the internet and without taking into account the investment objectives, financial situation and particular needs of any particular person. InvestSMART Financial Services Pty Ltd makes no recommendations as to the merits of any investment opportunity referred to in its emails or its related websites.
|
|
|
