Macquarie only carries on banking activities in those countries it is authorised to do so. Macquarie Bank Limited (MBL) is authorised by the Australian Prudential Regulation Authority (APRA) in Australia to carry out banking business in Australia. Each of MBL, acting through its London branch, and Macquarie Bank International Limited, is authorised and regulated by the UK Financial Services Authority to carry on banking business in the United Kingdom. MBL, acting through its Seoul Branch, is authorised and regulated by the Financial Services Commission in Korea to carry out banking business in Korea. MBL, acting through its Singapore Branch, is authorised and regulated by the Monetary Authority of Singapore to carry out banking business in Singapore. MBL, acting through its Hong Kong branch, is authorised and regulated by the Hong Kong Monetary Authority to carry on banking business in Hong Kong.

Macquarie Bank Limited maintains Representative Offices in the states of Illinois, New York and Texas, but is not authorised to conduct banking business in the US.

Investors should consider the Product Disclosure Statement (including the Information Booklet if relevant) (PDS) relating to the relevant Fund in deciding whether to acquire or continue to hold units in a Fund. The PDS is available from our website or contacting us.

The above information is not personal advice and does not take into account the investment objectives, financial situation or needs of any person. Before making any investment decision, investors should consider the appropriateness of the information based on their own circumstances or consult a professional adviser.

The responsible entity of, and issuer of units in, the Funds referred to above is Macquarie Investment Management Limited (ABN 66 002 867 003, AFSL 237 492) or MQ Portfolio Management Limited ABN 55 092 552 611 AFS Licence 238321 as specified in the relevant PDS.

Investments in any of the Funds are not deposits with, or other liabilities of, MBL or of any other Macquarie Bank Group company and are subject to investment risk, including possible delays in repayment and loss of income and capital invested. Neither MBL nor any other member of the Macquarie Bank Group guarantees any particular rate of return on, or the performance of, any of the Funds, nor do they guarantee the repayment of capital from the Funds.

Other than MBL, any Macquarie Group entity noted on this page is not an authorized deposit-taking institution for the purposes of the Banking Act 1959 (Commonwealth of Australia). That entity's obligations do not represent deposits or other liabilities of MBL. MBL does not guarantee or otherwise provide assurance in respect of the obligations of that entity, unless noted otherwise.

CPU – A distribution is expressed as a cents per unit amount. For example, if your fund pays a distribution of two cents per unit, and you hold 1,000 units, your total distribution payment would be $20 ($0.02 x 1,000 units).