SMF FM SuperOption PS - Asian Share - Managed Fund (Closed)

The objective of the SMF FM SuperOption PS - Asian Share managed fund is The Fund aims to provide long-term capital growth (over a period of at least five years) and to outperform the MSCI Global Emerging Markets Index - unhedged (A$) (after ongoing fees) over rolling five-year periods.

The strategy of the SMF FM SuperOption PS - Asian Share managed fund is The Fund is managed by Metisq Capital. Metisq believes global emerging markets offers the potential to capture growth opportunities and improved investment diversification. Metisq aims to produce portfolios with strong value and momentum characteristics. The Fund is intended to be suitable for investors who are happy to invest for at least five years, are seeking high levels of return and are comfortable with high volatility, including the possibility of periods of negative returns.

The APIR code of the SMF FM SuperOption PS - Asian Share managed fund is HBC0018AU.

SMF FM SuperOption PS - Asian Share’s total return last month was 1.02%. This was made up of a growth return of 1.02% and an income return of 0%. These returns were calculated as at 30 Apr 2006.

SMF FM SuperOption PS - Asian Share’s total return for the last three months was 6.57%. This was made up of a growth return of 6.57% and an income return of 0%%. These returns were calculated as at 30 Apr 2006.

SMF FM SuperOption PS - Asian Share’s one-year total return is 38.69%. This was made up of a growth return of 38.69% and an income return of 0%. These returns were calculated as at 30 Apr 2006.

SMF FM SuperOption PS - Asian Share’s one-year total return is 24.23%. This was made up of a growth return of 24.23% and an income return of 0%. These returns were calculated as at 30 Apr 2006.

The asset allocation of the SMF FM SuperOption PS - Asian Share managed fund is :

The Responsible Entity for the SMF FM SuperOption PS - Asian Share managed fund is SMF Funds Management Limited.

The SMF FM SuperOption PS - Asian Share managed fund belongs to the Equity Asia Pacific w/o Japan sector/asset class.

As at 31 Mar 2006, the size of the SMF FM SuperOption PS - Asian Share managed fund was $3.49 million.

The SMF FM SuperOption PS - Asian Share managed fund has an inception date of 6 Nov 1997.

The current entry price of the SMF FM SuperOption PS - Asian Share managed fund is $1.4188 per unit and the current exit price is $1.4066 per unit (as at 29 May 2006).

The current exit price of the SMF FM SuperOption PS - Asian Share managed fund is $1.4066 per unit and the current entry price is $1.4188 per unit (as at 29 May 2006).

The minimum initial investment amount for the SMF FM SuperOption PS - Asian Share managed fund is $2,000.