Macquarie ALPS Series 5 - Fund expected to close 24th March 2006

If you are looking for an investment that combines capital protection at maturity^* with the potential for high income, fixed at 12.5% for the first year, consider the new Macquarie ALPS Series 5. InvestSMART will rebate 100% of the 2.27% sales commission.

Previous series of Macquarie ALPS relating to ASX-listed shares have had an overwhelming investor response, with Macquarie Bank Limited raising over $100 million in Series 1-4 of ALPS from December 2004 to December 2005.

Click here for more information and to request a Prospectus.

Series 11 OM-IP 220 Limited - Fund expected to close 7th April 2006

Series 11 OM-IP 220 Limited is an opportunity for investors to participate in a capital guaranteed investment built on a tradition of performance, security and diversification. InvestSMART will rebate 100% of the 4% sales commission.

This is the 11th OM-IP 220 fund to be launched by Man Investments Australia since 1997. OM-IP 220 Limited, the first and longest running OM-IP 220 fund, has provided its shareholders with a total return of 293% since August 1997, with their original A$1.00 share now worth A$3.93⁺.

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Macquarie Equinox Asia 2 - Offer extended to 24th March 2006.

Macquarie Equinox Asia 2 is a new investment opportunity that offers profit potential in a variety of market conditions. It's a forward thinking investment - ideal if you're looking for exposure to Asia-Pacific markets - complete with capital protection. InvestSMART will rebate 100% of the 3% sales commission.

Equinox Asia 2 provides exposure to a portfolio of seven hedge funds focusing on the Asia Pacific region, the potential for profit lock-ins and annual distributions. Macquarie Bank will also lend approved investors 100% of the amount they wish to invest.

Click here for more information and to request a prospectus.

^* Capital protection will be subject to certain risk and limitations including early maturity or disposal prior to the maturity date. Early maturity may occur if Macquarie ALPS 5 (“ALPS 5”) are delisted from ASX or a change in law results in Macquarie being unable to continue with this product - see PDS for details.

⁺ Past performance is not a reliable indicator of future performance. The past performance of OM-IP 220 Limited is not designed to predict the future performance of OM-IP 220 Limited or Series 11 OM-IP 220 Limited. Performance figures are calculated net of all fees as at 30 November 2005 as explained in the Prospectus.

IMPORTANT : InvestSMART Financial Services Pty Ltd makes no recommendations as to the merits of any investment opportunity referred to in this email or its related websites. 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. 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. All indications of performance returns are historical and can not be relied upon as an indicator for future performance.