Key Features

• Regulated by Australian Securities and Investments Commission (ASIC)
• No entry or exit fees
• Distribution paid annually after 31 March each year*
• First mortgage lending only, with conservative lending:valuation ratio
• Redemption of monies generally available at end of each month**
• No related party loans
• Investment can only be made using the application form attached to the current PDS

* The payment of income distributions and the repayment of capital are not guaranteed and there may be circumstances where no distributions are paid. Past performance is not necessarily indicative of future performance.

** The Trust is a non-liquid scheme and there is no automatic right of redemption.  The Trust has a formal redemption facility in place which allows investors to apply for redemptions on a monthly basis.  Redemptions will only be paid in full if there is sufficient cash set aside at the end of the month in which the redemption request is made and partial redemptions may be paid in any particular month.  See the Withdrawal Form for details of the current withdrawal offer.

PDS 5 - 19 August 2008 Benchmark Disclosures	Annual Financial Statements - 31 March 2010 Letter to Investors - year ended 31 March 2010
Withdrawal Offer Withdrawal Request Form	Interim Financial Statements - 30 September 2009 Letter to Investors - six months to 30 September 2009