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InvestSMART.com.au - Newsletter
InvestSMART Financial Services Pty Ltd Macquarie ALPS
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InvestSMART Newsletter - 31st Janurary 2005
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more SMART IDEAS
Was your New Year's resolution to get your finances sorted? Well "compounding interest" may help you reach that goal!

What is "compounding"? Simply put, it is interest earning interest. Why is it so powerful? Because as the interest that is earned by the initial capital also earns interest, the value of the account grows at an ever-increasing rate, rather than a straight-line rate.

Ways to make compounding work for you...

  • Make time your ally
    The longer your money can work for you, the better compounding works, so start investing today and make sure you add to your investment regularly, perhaps monthly or quarterly. You may be able to have this done automatically by setting up a systematic investment plan with your fund company.
  • Reinvest dividends
    Instead of taking your fund's distributions in cash, instruct your fund manager to let them remain in your account to purchase additional units.

more Cashback Program
InvestSMART is pleased to announce the addition of two new fund managers to our popular CashBack Program - Australian Unity and HSBC. This brings the number of CashBack fund managers to 14. We will rebate 80% of the trailing commission we receive from CashBack Fund Managers as a result of those investments held with these managers by our CashBack members.

If you have investments with fund managers directly or through other intermediaries and wish to save on entry fees and ongoing trailing commissions either on your existing managed funds or new investments, download a fund dealer nomination form to nominate InvestSMART as your adviser.

For more information about the CashBack Program and to download the Fund Dealer Nomination Form, click here or call us on 1300 880 160.

more Housekeeping
Rebate cheques will be sent out this week to all clients who invested in:

  • James Fielding Retail Portfolio
  • Macquarie ALPS
  • Equinox 4
  • OM-IP Stratum

If you invested in one of these products and do not receive your cheque by the end of next week, please don’t hesitate to contact a member of our friendly client services team on 1300 880 160.

InvestSMART had a fantastic response to our first two products of the year, the Mariner Infrastructure Trust and Babcock and Brown Capital Limited. Both offers have now closed.

Regards
The InvestSMART Team



Managed Funds

Most Popular Funds
Fund Name Assirt
Rating
Perpetual Investor Choice Smaller Companies Share
Credit Suisse Private Investment Australian Small Companies Fund
Colonial First State Global Resources Fund
more  more...  
Recent Fund Re-Ratings
Fund Name New Assirt
Rating
Australian Unity Property Securities Fund Ordinary Units
Advance Australian Fixed Interest Multi Blend Fund
Advance Australian Shares Multi Blend Fund
more  more...  

Top Performing Investment Funds - Growth Funds
Fund Name 1 Year
Performance		 Assirt
Rating
Perpetual WealthFocus Investments Perpetual's Geared Australian Fund 63.88%
Colonial First State Geared Share Fund 63.33%
Credit Suisse Private Investment Australian Small Companies Fund 53.9%
more  more...  
Top Performing Investment Funds - Diversified Funds
Fund Name 1 Year
Performance		 Assirt
Rating
ING OneAnswer Investment Portfolio Tax Effective Income Fund 19.67%
Perpetual WealthFocus Investments Perpetual's Balanced Growth Fund 19.01%
Perpetual Investor Choice Balanced Growth 19%
more  more...  

Top Performing Super Funds - Growth Funds
Fund Name 1 Year
Performance		 Assirt
Rating
Colonial First State Rollover and Superannuation Geared Shares 58.82%
Perpetual WealthFocus Super Plan Perpetual's Geared Australian Fund 55.25%
Perpetual WealthFocus Super Plan Perpetual's Smaller Companies Fund 36.69%
more  more...  
Top Performing Super Funds - Diversified Funds
Fund Name 1 Year
Performance		 Assirt
Rating
Colonial First State Rollover and Superannuation High Growth 14.74%
Colonial First State Rollover and Superannuation Diversified 12.51%
Colonial First State Rollover and Superannuation Balanced 10.69%
more  more...  
Managed Fund data is supplied by ASSIRT Pty Ltd and is subject to the following disclaimer



Upcoming Floats

Impending Float
Company Name: HeartWare Limited (HTW)
Industry Sector: Healthcare and Biotechnology
Expected Offer Open: 29th Dec 2004
Expected Offer Close: 24th Jan 2005
Expected Float Date: 31st Jan 2005
Issue Price: $0.50
Notes:

HeartWare believes its family of circulatory assist devices has the potential to substantially reduce morbidity and mortality associated with heart failure. This means that HeartWare has an opportunity to establish itself in the heart failure market, which represents one of the largest medical needs in developed economies.

Recent Float
Company Name: Scimitar Resources Limited (SIM)
Industry Sector: Diversified Resources
Float Date: 28th Jan 2005
Issue Price: $0.20
First Day Open: $0.21
First Day High: $0.21
First Day Low: $0.20
First Day Close: $0.20
Volume: 422,000
Notes:

Scimitar Resources Limited is an emerging Perth based mineral exploration company that will focus on increasing shareholders wealth through aggressive, targeted exploration programs on prospective under explored projects, in mineral provinces with demonstrated gold and base metal potential.

Recent Float
Company Name: Dia-B Tech Limited (DIA)
Industry Sector: Healthcare and Biotechnology
Float Date: 24th Jan 2005
Issue Price: $0.20
First Day Open: $0.20
First Day High: $0.20
First Day Low: $0.16
First Day Close: $0.18
Volume: 4,074,417
Notes:

With diabetes now recognised as a global epidemic, Dia-B has positioned itself for the research and development of diagnostics, pharmaceuticals and treatment methods for diabetes and its related diseases. The market potential for a successful drug and treatment for diabetes is significant with estimated global spending for diabetes in the order of US$5 billion per annum.

Recent Float
Company Name: DSG Australia Limited (to be renamed JV Global Limited) (JVG)
Industry Sector: Building Materials
Float Date: 24th Jan 2005
Issue Price: $0.20
First Day Open: $0.21
First Day High: $0.21
First Day Low: $0.17
First Day Close: $0.18
Volume: 105,780
Notes:

DSG Australia Limited is offering the opportunity to participate in the future potential of the Company’s business in the global marketing and sales of CNC (Computer Numerically Controlled) roll forming production lines, associated technology transfer and a joint venture with Arabian Profile Co. Ltd in Sharjah, the United Arab Emirates (UAE), formed to establish a factory to manufacture a wide and varied range of steel building products for distribution in the UAE, Gulf Co-operation Council (GCC) countries and Middle East and North Africa (MENA) regions.

Upcoming Float
Company Name: Abra Mining Limited (AII)
Industry Sector: Diversified Resources
Expected Offer Open: 1st Feb 2005
Expected Offer Close: 18th Mar 2005
Expected Float Date: 31st Mar 2005
Issue Price: $0.25
Notes:

Abra Mining Limited is an exploration company that has 100% ownership of the World Class Abra polymetallic mineral discovery within exploration tenements comprising 190km2 located in central Western Australia.

Upcoming Float
Company Name: Childs Family Kindergartens Limited (CFK)
Industry Sector: Miscellaneous Industrials
Expected Offer Open: 11th Feb 2005
Expected Offer Close: 25th Feb 2005
Expected Float Date: 21st Mar 2005
Issue Price: $0.50
Notes:

The NSW children’s long day care sector is a market in which the Board and management team have extensive experience. The Directors believe that the NSW market represents the greatest opportunity to consolidate private long day care centres and is where CFK will focus. CFK is expected to be able to capitalise on this opportunity and grow via acquisition in its early years.



Broker Consensus

InvestSMART's Broker Consensus Report collates around 18 of Australia's top brokers weekly recommendations (Strong Buy, Buy, Hold, Under-preform and Sell), and presents these in a searchable database. It is an important report highlighting potentially valuable investment opportunities. Why trust one broker when you have access to the opinions of several?

To become a Platinum Member and see the latest Broker Consensus Report - released at the close of business on Friday 10th October 2003 (plus our archive of past recommendations on over 400 ASX listing companies) - please click here.

Company Brokers
Surveyed		 Consensus
Recommendation*
MAGNA PACIFIC HOLDINGS LIMITED (MPH)   4 Strong Buy
IINET LIMITED (IIN)   4 Strong Buy
BRAZIN LIMITED (BRZ)   3 Strong Buy
WARRNAMBOOL CHEESE & BUTTER FACT (WCB)   1 Sell
* Recommendations as at 28th Jan 2005. Data compiled and supplied by Thomson Financial First Call. more...



Stock Watch
Company Comment Dividend
(per share)		 Franking Ex-Dividend
Date		 Payment
Date
HPAL LIMITED (HPX) 2005 Final Year Result 6.25 ¢ 100% 22nd Feb 2005 15th Mar 2005
ALINTA LIMITED (ALN) 2005 Final Year Result 15 ¢ 0% 3rd Mar 2005 31st Mar 2005
BRIDGESTONE AUSTRALIA LIMITED (BDS) 2005 Final Year Result 12.5 ¢ 100% 14th Mar 2005 10th May 2005
OPSM GROUP LIMITED (OPS) August 2004 Half Yearly Result 15 ¢ 100% 25th Jan 2006 11th Feb 2005
  more...






InvestSMART makes no recommendations as to the merits of any investment opportunity referred to in this email. Before making any investment decision on the basis of any reports or information provided you must read the disclosure document and make your own investigations regarding the accuracy, reliability and completeness of this information.

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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. 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. All indications of performance returns are historical and can not be relied upon as an indicator for future performance.


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