InvestSMART.com.au - Newsletter

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Newsletter #790 - 28th June 2007	Home My Portfolio My TrailCap Email us

in the spotlight...

As the end of another financial year draws to a close, we hope that your investment and/or superannuation portfolio has made good gains and that you have managed your tax liabilities effectively.

The 2007/08 financial year will see even more innovative products come into the market and several more initiatives launched on our website to help you educate yourself and build wealth over the long term.

As always, if you have any questions at all about our products or services, please don’t hesitate to email us, or call our friendly client services representatives on 1300 880 160.

Don't forget we are offering you and your family TrailCap^TM 50/50 until 30 June 2007. By registering all of your existing managed funds, superannuation and allocated pension investments under our unique TrailCap^TM program, we will share with you 50/50 all commissions we earn from these investments^* in the next 12 months. To start the process, please fill in our Fund Broker Nomination Form and fax it back to us on 1300 880 260 ASAP.

more AMP Capital Sustainable Share Fund

The AMP Capital Sustainable Share Fund uses a sustainable approach to investing, integrating financial analysis with environmental, social and governance factors shaping companies’ future growth prospects. The Fund invests primarily in companies listed on the Australian Securities Exchange with the aim of providing you with competitive returns.

The Fund's investment style blends value and growth characteristics, identifying stocks that are either undervalued in the market, or show the potential for strong growth.

This provides the Fund with the potential to deliver strong returns across a range of market conditions.

Using Macquarie Margin lending, you can invest a larger amount, with less money out of your own pocket. The AMP Capital Sustainable Share Fund is approved to 75% LVR. This means that by using $10,000 of your own money, you could invest up to $40,000 in the fund.

Click here for more information and to request a Product Disclosure Statement (PDS).

Regards
The InvestSMART Team

In Focus

more MQ Gateway – Offer closes 29 June 2007

MQ Gateway allows investors to access a menu of international investment ideas like China and India, as well as global water utilities, Asian markets and more.

Key features:

Gain access to a menu of six international investment ideas including China and India, global water utilities, Asian markets and Asian Financials
Your choice of 90% or 100% capital protection^†
Capital protection^† in three or five years
Participation of up to 220%^#
Borrow up to 100% of the protected investment value with three gearing options
Suitable for SMSF investors (non-geared)
Quarterly performance lock-in with protection from negative performance

Approved investors may borrow up to 100% of the protected investment amount. Indicative interest rates from 7.95%pa^{^}

InvestSMART will rebate 100% of the 1% sales commission via cheque after the offer closes.

Click here for more information and to request a Product Disclosure Statement (PDS).

more Aurora Property Buy-Write Income Trust – Float/IPO expected to close 6 July 2007

Aurora Property Buy-Write Income Trust is an innovative fund that aims to generate income from an active strategy of selling call options over a portfolio of property securities listed on the ASX. The Fund targets a high income return over a three to five year investment horizon.

Offer Highlights:

Australia’s first listed investment trust with access to a ‘Buy-Write’ property investment strategy
Barclays Capital, which has over US$1.0 billion of funds in ‘Buy-Write’ strategies globally, has been appointed to actively advise the responsible entity on the Trust’s investment strategy
Strong risk reduction focus – the Trust will use put options to provide capital protection
Liquidity via ASX listing
Minimum investment is only $2,000

Click here for more information and to request a Prospectus.

Current Investment Opportunities

Offer	Closing Date
AMP Capital Sustainable Share Fund	Open ended
Aurora Property Buy-Write Income Trust	6th Jul 2007
BT Imputation Fund	Open ended
Centro MCS 38	30th Jun 2007
Colonial First State Geared Managed Funds	Open ended
Macquarie Fusion Funds	29th Jun 2007
Macquarie MFI - AXA Wholesale Global Equity Value Fund	Open ended
MFS Premium Income Fund	Open ended
MQ Gateway Trust	29th Jun 2007
OM-IP Vision	17th Aug 2007
Valad Opportunity Fund No.11	6th Jul 2007

News and Articles

Article

If you're self-employed

Smoothing out market ups and downs

The Power of Compounding

Deloitte survey finds fixed interest losing out to alternative assets

Perpetual forecasts 18 per cent profit increase

Offer Overview


Offer	AMP Capital Sustainable Share Fund
Minimum Investment	$30,000
Disclosure... InvestSMART will receive 0.25% trailing commission.
Offer Documents Product Disclosure Statement (PDS) Request a Product Disclosure Statement (PDS) by Post

Offer Overview


Offer	MQ Gateway Trust
Minimum Investment	$20,000 per class
Expected Close Date	29th June 2007
Disclosure... InvestSMART will rebate 100% of the 1% sales commission. InvestSMART will receive a 0.25% trailing commission after the first anniversary of the investment.
Offer Documents Product Disclosure Statement (PDS)

Offer Overview


Offer	Aurora Property Buy-Write Income Trust
Minimum Investment	$2,000
Expected Close Date	6th July 2007
Disclosure... InvestSMART will receive a 2.5% sales commission.
Offer Documents Prospectus

Offer Overview


Offer	Colonial First State Geared Managed Funds
Minimum Investment	$5,000 or $1,000 if a regular investment plan is established.
Disclosure... InvestSMART will rebate 100% of the 4% entry fee as additional units. InvestSMART will receive a 0.6%pa trailing commission.
Offer Documents Product Disclosure Statement (PDS) Request a Product Disclosure Statement (PDS) by Post

All dates are indicative only and are subject to change without notice.

Managed Funds - 100% Entry Fee Rebate & TrailCap^TM

As with all managed fund investments via InvestSMART, you pay NO entry fees, plus you also receive a cash payment from InvestSMART for any trailing commissions we receive from participating fund managers on your investments above $396 pa! See how easy it can be to get cash back!

Most Popular Funds

Fund	Morningstar Rating	S&P Rating
Macquarie - Small Companies Growth Trust		Not rated
Macquarie Super/RO Plan - Macquarie Small Compan's		Not rated
BT Investment - BT Imputation Fund

Recent Fund Re-Ratings

Fund		New Rating
	Advance Int'l Fixed Interest Multi-Blend Fund
	ABN AMRO - High Income Global Property Securities
	Tyndall - International Bond Fund

Top Performing Investment Funds

Fund	12 Month Return	Morningstar Rating	S&P Rating
Macquarie - Small Companies Growth Trust	77.32%		Not rated
CFS FC Inv - CFS 452 Geared Australian Share	59.56%
Macquarie Property Income Fund	59.53%	Not rated

Top Performing Super Funds

Fund	12 Month Return	Morningstar Rating	S&P Rating
Macquarie Super/RO Plan - Macquarie Small Compan's	72.01%		Not rated
CFS FC PersSuper - CFS 452 Geared Australian Share	55.83%
Perpetual WFS Perpetual's Smaller Co	45.25%

Managed Fund data is supplied by Morningstar Research and Standard & Poor's Information Services and is subject to the following disclaimer.

Dates for historical returns vary from fund to fund.

Insurance

Life Cover

Total & Permanent Disability

Trauma

Income Protection

Without personal risk insurance, such as Term Life Insurance, Total and Permanent Disability ("TPD") and Income Protection, you are vulnerable to rapid and unexpected financial ruin. The possibilities of being unable to work are substantial and in fact quite alarming. Your ability to earn an income is the cornerstone of your economic lifestyle.

InvestSMART aims to provide the most appropriate and cost effective personal risk insurance cover for all of our members. Even though we can provide access to all of the personal risk insurance options available through most life companies in Australia, InvestSMART currently chooses to provide tailored quotes from ING's new OneCare life risk insurance product.

Click here to get a free insurance quote.

Child cover...
In 2003, there were approximately 320,000 children aged 0-14 years with a disability in Australia
Click here for more on ING's unique child cover.

Floats & IPOs

Floats & IPOs - extract only

Company	Security Code	Offer Close Date	Float Date	Issue Price	First Day Open	First Day Close
Recent Floats
Atom Energy Limited	AXY	14th Jun 2007	26th Jun 2007	$0.30	$0.55	$0.58
Loop Mobile Limited	LPM	8th Jun 2007	27th Jun 2007	$0.20	$0.22	$0.22
Reedy Lagoon Corporation Limited	RLC	15th Jun 2007	22nd Jun 2007	$0.20	$0.26	$0.30
UCMS Group Limited	UMS	5th Jun 2007	21st Jun 2007	$1.00	$1.42	$1.21
Uranoz Limited	URO	31st May 2007	22nd Jun 2007	$0.20	$0.20	$0.19
Impending Floats
Every Day Mine Services Limited	EDS	15th Jun 2007	29th Jun 2007	$0.40	-	-
HalcyGen Pharmaceuticals Limited	HGN	19th Jun 2007	29th Jun 2007	$0.50	-	-
Upcoming Floats
GTI Resources Ltd	GTR	11th Jul 2007	27th Jul 2007	$0.20	-	-
Hedley Leisure & Gaming Property Fund	HLG	27th Jul 2007	7th Aug 2007	$3.50	-	-
Marginbet Limited	-	31st Jul 2007	17th Aug 2007	$0.20	-	-
Norfolk Group Limited	-	18th Jul 2007	27th Jul 2007	$1.95	-	-
Odin Energy Limited	ODN	20th Jul 2007	2nd Aug 2007	$0.25	-	-
RAMS Home Loans Group Limited	-	24th Jul 2007	31st Jul 2007	$2.50	-	-
Ruskin Industries Limited (To be renamed Eyecare Partners Limited)	-	23rd Jul 2007	2nd Aug 2007	$0.20	-	-

All dates are indicative only and are subject to change without notice.

Broker Consensus

InvestSMART's Broker Consensus Report collates the weekly recommendations (Buy, Hold and Sell) from some of Australia's top brokers 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 many? Click here to see the full report.

Broker Consensus Report - extract only

Company	Consensus Update	12 Month Target Price (average)	Current Price	Brokers Surveyed	Consensus Recommendation
Billabong International Limited (BBG)	26th Jun 2007	$18.34	$17.54	10	Hold
Toll Holdings Limited (TOL)	26th Jun 2007	$15.08	$14.41	10	Hold
BHP Billiton Limited (BHP)	26th Jun 2007	$37.35	$34.20	10	Hold

Current Price as at publication. Prices are approximate only. Data compiled and supplied by FNArena.

Dividend Timetable

The following table shows an extract from InvestSMART's Dividend Timetable. This timetable lists the details of upcoming company dividends including ex-dividend dates, payment dates and franking information. Click here to see the full timetable.

Dividend Timetable - extract only

Company	Comment	Dividend (per share)	Franking	Ex-Dividend Date	Payment Date
Clime Capital Limited (CAM)	2007 Special Event	3 ¢	100%	2nd Jul 2007	23rd Jul 2007
RR Australia Limited (RRA)	2007 Final Year Result	0.97 ¢	100%	3rd Jul 2007	25th Jul 2007
Tutt Bryant Group Limited (TBG)	2007 Final Year Result	3 ¢	100%	3rd Jul 2007	19th Jul 2007

Changes in Director Interest

We have long held the view that a change in a listed company's share registry by its directors sends a clear signal to the market. In fact, such changes must be reported to the stock exchange and now, because of InvestSMART's unique Changes in Director Interest feature, they are also reported to investors. Click here to find out what company directors are doing with their shares.

Changes in Director Interest - extract only

Company	Director	Date	Acquired/Disposed	Quantity
Range River Gold Limited (RNG)	Ken Barassi	25th Jun 2007	Acquired	81,000
Brambles Limited (BXB)	Donald Robert Argus	25th Jun 2007	Acquired	25,200
Minerals Corporation Limited (MSC)	Douglas William Sutherland	22nd Jun 2007	Acquired	500,000

TrailCap - save money on your managed investments. Learn more...

Find a Managed Fund with a 100% Entry Fee Rebate...

Will you have enough Superannuation when you retire?

Interested in promoting a capital raising to 110,000+ Australian investors? Please call InvestSMART on 1300 880 160 or email admin@investsmart.com.au.
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^* The TrailCap^TM program is only applicable to those funds managed by participating fund managers. It does not apply to any wholesale-managed funds, or managed funds which do not pay InvestSMART a trailing commission.
^† Capital Protection is provided to the MQ Gateway Trust and not to each individual investor. Capital Protection applies only on the Capital Protection Date and is subject to the terms and conditions of the Product Disclosure Statement (“PDS”), and in particular will not apply in the case of an Early Maturity. For full details (including risks), investors should refer to relevant sections of the PDS.
^# Indicative Participation Rate. Participation Rate ranges differ between classes and are outlined in the PDS available from MPML. Final Participation Rates will be set on the Unit Issue Date. Exposure is to the floored quarterly averaged growth over the investment term.
^{^} Interest rates will be finalised prior to the Offer Close Date and confirmed in the confirmation(s) of the loan.

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.