MQ Multi-Strategy - Managed Fund (Closed)

Fund Objective

The Fund's objective is the achieve attractive long-term returns with moderate levels of risk by investing in a diverse portfolio of absolute return and specialist equity strategies. Initially the Fund will invest in four single strategies run by the Investment Manager, and over time it is expected that the portfolio may change, and may include additional strategies managed by the Investment Manager or by managers incubated by Macquarie.

Fund Strategy

The Fund will initially invest in the following Newton Funds: Australian Absolute Return 27.5%, Special Events Fund: 32.5%, Buy Write Fund: 22.5% and the Global Future Fund: 17.5%. Initial exposure will be 82.5% to the Australian and New Zealand stock markets and 17.5% to global market index futures.

Fund Performance Comparison

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Peers

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The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.

Fees Comparison

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NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.

Fund performance

	1M	3M	6M	1Y p.a.	2Y p.a.	3Y p.a.	5Y p.a.	10Y p.a.
Total return	-%	-11.63%	-21.55%	-24.26%	-13.63%	-7.54%	-%	-%
Growth return	-3.37%	-11.63%	-21.55%	-24.26%	-15.21%	-11.16%	-%	-%
Income return	-%	0%	0%	0%	1.58%	3.62%	-%	-%
Market index (RBA Bank accepted Bills 90 Days)
Total return	0.35%	1%	1.93%	3.79%	4.06%	4.13%	3.03%	2.16%

As at 31 Dec 2008. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

MQ Multi-Strategy

Alternatives: 100%

Australian Equities: 0%

International Equities: 0%

Cash: 0%

Property & Infrastructure: 0%

Fixed Interest: 0%

Average Allocation of Peers

Alternatives: 19.22%

Australian Equities: 4.80%

International Equities: 2.78%

Cash: 55.81%

Property & Infrastructure: 1.92%

Fixed Interest: 15.47%

General Information

Fund Details

Type	Description
Fund Name	MQ Multi-Strategy
Fund Status	Closed
Responsible Entity	MQ Portfolio Management Limited (AUS)
APIR Code	MAQ0409AU
Sector/Asset Class	Hedge Funds - Australia
Morningstar Rating	Not Rated
Legal Structure	Investment Fund
Fund Inception	1 Nov 2005
Fund Size	$13.4 million (as at 31 Oct 2008)
Entry Price	n/a
Exit Price	$0.7251 (as at 31 Dec 2008)
Fund Status	Suppressed

Offer information

Type	Description
Indirect Cost Ratio (ICR)	2.22% (as at 30 Jun 2008)
Minimum initial investment	$20,000

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FAQs about the MQ Multi-Strategy

What is the objective of the MQ Multi-Strategy managed fund?

The objective of the MQ Multi-Strategy managed fund is The Fund's objective is the achieve attractive long-term returns with moderate levels of risk by investing in a diverse portfolio of absolute return and specialist equity strategies. Initially the Fund will invest in four single strategies run by the Investment Manager, and over time it is expected that the portfolio may change, and may include additional strategies managed by the Investment Manager or by managers incubated by Macquarie.

What is the strategy for the MQ Multi-Strategy managed fund?

The strategy of the MQ Multi-Strategy managed fund is The Fund will initially invest in the following Newton Funds: Australian Absolute Return 27.5%, Special Events Fund: 32.5%, Buy Write Fund: 22.5% and the Global Future Fund: 17.5%. Initial exposure will be 82.5% to the Australian and New Zealand stock markets and 17.5% to global market index futures.

What is the APIR code of the MQ Multi-Strategy managed fund?

The APIR code of the MQ Multi-Strategy managed fund is MAQ0409AU.

What was MQ Multi-Strategy’s total return last month?

MQ Multi-Strategy’s total return last month was -%. This was made up of a growth return of -3.37% and an income return of -%. These returns were calculated as at 31 Dec 2008.

What was MQ Multi-Strategy’s total return for the last three months?

MQ Multi-Strategy’s total return for the last three months was -11.63%. This was made up of a growth return of -11.63% and an income return of 0%%. These returns were calculated as at 31 Dec 2008.

What is MQ Multi-Strategy’s one-year total return?

MQ Multi-Strategy’s one-year total return is -24.26%. This was made up of a growth return of -24.26% and an income return of 0%. These returns were calculated as at 31 Dec 2008.

What is MQ Multi-Strategy’s three-year total return?

MQ Multi-Strategy’s one-year total return is -7.54%. This was made up of a growth return of -11.16% and an income return of 3.62%. These returns were calculated as at 31 Dec 2008.

What is the asset allocation of the MQ Multi-Strategy managed fund?

The asset allocation of the MQ Multi-Strategy managed fund is :

Alternatives: 100%

Australian Equities: 0%

International Equities: 0%

Cash: 0%

Property & Infrastructure: 0%

Fixed Interest: 0%

Who is the responsible Entity of the MQ Multi-Strategy managed fund?

The Responsible Entity for the MQ Multi-Strategy managed fund is MQ Portfolio Management Limited (AUS).

What sector/asset class does the MQ Multi-Strategy managed fund belong to?

The MQ Multi-Strategy managed fund belongs to the Hedge Funds - Australia sector/asset class.

What is the size of the MQ Multi-Strategy managed fund?

As at 31 Oct 2008, the size of the MQ Multi-Strategy managed fund was $13.4 million.

What is the inception date of the MQ Multi-Strategy managed fund?

The MQ Multi-Strategy managed fund has an inception date of 1 Nov 2005.

What is the current entry price of the MQ Multi-Strategy managed fund?

The current entry price of the MQ Multi-Strategy managed fund is $ per unit and the current exit price is $0.7251 per unit (as at 31 Dec 2008).

What is the current exit price of the MQ Multi-Strategy managed fund?

The current exit price of the MQ Multi-Strategy managed fund is $0.7251 per unit and the current entry price is $ per unit (as at 31 Dec 2008).

What is the minimum investment amount for the MQ Multi-Strategy managed fund?

The minimum initial investment amount for the MQ Multi-Strategy managed fund is $20,000.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.

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