InvestSMART Newsletter - 8th March 2004
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Global Mining Investments Limited
InvestSMART is pleased to announce the offer of 150 million shares at $1 each (and up to a further 50 million shares at $1 each in over-subscriptions) in Global Mining Investments Limited. A distinctly different, Listed Investment Company (LIC) with an international focus on metals and mining. Globally focused, locally listed. Merrill Lynch Investment Managers Limited in the United Kingdom will be the Investment Manager, who at present manages more than $676 billion globally.
InvestSMART believes this is an exciting opportunity due to the lack of resource investment alternatives available in Australia and the economic outlook for the resource sector. Over the past decade Merger & Acquisition activity has robbed Australia of its listed mining sector. In fact, our mining sector now only makes up around 7.5% of the global mining sector (by capitalisation). An investment in Global Mining Investments Limited will give investors the opportunity to have exposure to circa 90% of the global mining industry.
Commodity prices look set to continue on their upward trend fuelled by continued growth in Chinese metal consumption, rising confidence in higher levels of economic activity in Western economies and inventories in weeks of supply continue to fall. Some Commodity experts believe we could be going into a commodity super cycle. "This cycle has the potential to be more powerful than the 1994/95 cycle and more analogous to the commodity bull markets of the late 1970s and late 1980s" Citigroup, October 2003.
For more information call InvestSMART on 1300 880 160 or click here to request or download a prospectus. Offer closes 26th March 2004.
A Powerful Investment Portfolio with a Safety Net
Macquarie Equinox Limited ("Equinox") is designed to provide investors with an efficient way to access the returns derived from a portfolio of international investment and trading strategies, with the benefit of Rising Capital Protection (100% Capital Protection and Profit Lock-ins).
Equinox may suit a range of investors from novices to professionals, and the structure may be efficient for self managed superannuation funds and trusts. This investment gives investors the opportunity to harness an alternative investment with the potential to deliver capital growth and an income stream in a variety of market conditions. Some professionals suggest as much as 20% of you investment portfolio should be in alternative investments.
Early Bird offer - applications in before 31st March 2004 attract interest at 5%pa to 23rd April 2004, which is reinvested into additional shares. 100% financing is also available with this offer for applications of more than $40,000 - indicative fixed interest rates for the term of the investment are currently 7.95% pa.
InvestSMART is rebating 100% of the 3% entry fee on this product as additional units in the fund. InvestSMART will receive a trailing commission of 0.5% of funds invested after the 2nd year of the investment. To download the prospectus or order a copy via post please click here, alternatively please call us on 1300 880 160.
Contango Microcap Limited
The Contango Microcap Limited offer will close on Tuesday, 9th March 2004. It will be managed by Contango, an Australian small company specialist traditionally only managing institutional funds with a track record of 39.4% annualised return for the 12 months to October 2003.
The InvestSMART Team