Annual Reports 2011

To access Annual Reports click on the relevant links below. A paper copy of the latest Annual Report can also be obtained free of charge on request by calling Client Service on 1800 814 523 or by email at mim.clientservice@macquarie.com. To access older copies of Annual Reports, please click here.

Arrowstreet Emerging Markets Fund	Macquarie Eucalypt Project 2007	Macquarie Reflexion Middle East Trust
Arrowstreet Global Equity Fund	Macquarie Eucalypt Project 2008	Macquarie Reflexion Renewable Energy Trust
Arrowstreet Global Equity Fund (Hedged)	Macquarie Eucalypt Project 2009	Macquarie Small Companies Fund
Arrowstreet Global Market Neutral Fund	Macquarie Eucalypt Project 2010	Macquarie Small Companies Growth Trust
Arrowstreet Master Global Active Extension Fund	Macquarie Flexi 100 Trust	Macquarie Special Events Fund
Centreboard International Japan Trust	Macquarie Flexible Cash Trust	Macquarie Yield Enhanced Australian Shares Fund
Centreboard International Renewable Energy Trust	Macquarie Fortress Fund and Consolidated Entity	Macquarie Term Cash Fund (formerly Macquarie Master Cash Plus Fund)
CSL Active Commodities Fund	Macquarie Fortress Notes and Consolidated Entity	Macquarie Timber Land Trust
EII Global Property Fund	Macquarie Gilt Edge Access Account AUD	Macquarie Timber Land Trust 2004
IFP Global Franchise Fund	Macquarie Gilt Edge Access Account NZ	Macquarie Timber Land Trust 2005
Instreet Emerging Markets Trust	Macquarie Gilt Edge Bond Trust	Macquarie Timber Land Trust 2006
Instreet Focus Momentum Trust	Macquarie Global Bond Fund	Macquarie Timber Land Trust 2007
Instreet Global Gold Trust	Macquarie Global Bond Solution	Macquarie Timber Land Trust 2008
Macquarie Active Australian Equities Trust	Macquarie Global Equities Fund	Macquarie Timber Land Trust 2009
Macquarie Active Plus Equities Fund	Macquarie Global Income Opportunities Fund	Macquarie Timber Land Trust 2010
Macquarie Almond Investment 2006	Macquarie Global Income Opportunities Fund No.1	Macquarie Treasury Fund
Macquarie Almond Investment 2007	Macquarie Global Infrastructure Trust	Macquarie Treasury Plus Fund
Macquarie Almond Investment 2008	Macquarie Global Infrastructure Trust II	Macquarie True Index Australian Equities Fund
Macquarie Almond Investment 2009	Macquarie Global Private Equity Securities Fund	Macquarie True Index Australian Fixed Interest Fund
Macquarie Alpha Opportunities Fund	Macquarie Global Property Securities Fund (Hedged)	Macquarie True Index Australian Shares Fund
Macquarie Alpha Plus Fund	Macquarie Global Property Securities Fund (Unhedged)	Macquarie True Index Cash Fund
Macquarie Alternative Investment Trust	Macquarie Global Resources Fund	Macquarie True Index Global Bond Fund
Macquarie Alternative Investment Trust II	Macquarie Global Thematic Fund	Macquarie True Index Global Infrastructure Securities Fund
Macquarie Alternative Investment Trust III	Macquarie Globalis BRIC Advantage Fund (Unhedged)	Macquarie True Index International Equities Fund
Macquarie Alternative Investment Trust IV	Macquarie Hedged Index Global Infrastructure Securities Fund	Macquarie True Index Linked Australian Shares Fund
Macquarie Alternative Investment Trust V	Macquarie Hedged International Equities Fund	Macquarie True Index Listed Property Fund
Macquarie Asia New Stars No.1 Fund	Macquarie High Conviction Fund	Macquarie True Index Plus Australian Equities Fund
Macquarie Asia Pacific Private Equity Fund	Macquarie High Conviction Incentives Fund	Macquarie True Index Sovereign Bond Fund
Macquarie Asian Alpha Fund	Macquarie High Yield Bond Fund	Macquarie Wholesale Australian Enhanced Equities Fund
Macquarie Atlas Trust	Macquarie Highpoint Trust AUD	Macquarie Wholesale Co-investment Fund
Macquarie Australian Enhanced Equities Fund	Macquarie Highpoint Trust NZ	Macquarie Wholesale Equities Fund
Macquarie Australian Enhanced Plus Equities Fund	Macquarie Income Advantage Fund	Macquarie Wholesale Fixed Interest Fund
Macquarie Australian Equities Fund (formerly Macquarie Master Alpha Plus Fund)	Macquarie Income Opportunities Fund	Macquarie Wholesale Property Securities Fund
Macquarie Australian Equity Income Fund	Macquarie Income Plus Fund	Morgan Stanley Australian Equity Fund
Macquarie Australian Fixed Interest Fund	Macquarie Income Plus Fund No. 1	Morgan Stanley FX Alpha Fund
Macquarie Australian Fixed Interest Fund (formerly Macquarie Master Fixed Interest Fund)	Macquarie Income Timing Fund	Morgan Stanley FX Alpha Plus Fund
Macquarie Australian Long Short Equitised Fund	Macquarie Index-Linked Property Securities Fund	Morgan Stanley Global (Ex Aust) Property Securities Fund
Macquarie Australian Market Neutral Fund	Macquarie Inflation Linked Bond Fund	Morgan Stanley Global Dividend Yield Fund
Macquarie Australian Microcap Fund	Macquarie Interest Rate and Currency Fund	Morgan Stanley Global Value Equity Fund
Macquarie Australian Pure Indexed Equities Fund	Macquarie International Enhanced Equities Fund	MQ Atlas Series Trust
Macquarie Australian Small Companies Fund	Macquarie International Equities Fund	MQ Capital Asia Trust
Macquarie Australian Small Companies Incentives Fund	Macquarie International Index Plus Fund	MQ Comets Diversified Trading Fund
Macquarie Balanced Fund	Macquarie International Infrastructure Securities Fund	MQ Equity Enhanced Income Fund
Macquarie Balanced Fund No. 1	Macquarie International Share Trust	MQ Gateway Trust
Macquarie Balanced Growth Fund	Macquarie Investment Funds	MQ Geared Equity Income Fund
Macquarie Capital Events Fund	Macquarie Investment Grade Bond Fund	MQ Multi-Strategy Fund - Capital Protected
Macquarie Capital Stable Fund	Macquarie Leaders Imputation Trust	MSI Cash Trust
Macquarie Clean Technology Fund	Macquarie Managed Growth Fund	Premium Asia Fund
Macquarie Co-Investment Fund	Macquarie Master Active Australian Equities Fund	Premium China Fund
Macquarie Core Australian Fixed Interest Fund	Macquarie Master Australian Enhanced Equities Fund	Premium SAM Asia Property Fund
Macquarie Core Equities Fund	Macquarie Master Australian Fixed Interest Fund	Pzena Global Value Fund
Macquarie Core Long Short Fund	Macquarie Master Balanced Fund	van Eyk Blueprint Absolute Australian Shares Fund
Macquarie Core Plus Australian Fixed Interest Fund	Macquarie Master Capital Stable Fund	van Eyk Blueprint Absolute International Shares Fund
Macquarie Debt Market Opportunity No.1 Fund	Macquarie Master Cash Fund	van Eyk Blueprint Alternatives Fund
Macquarie Debt Market Opportunity No.2 Fund	Macquarie Master Diversified Fixed Interest Fund	van Eyk Blueprint Australian Shares Fund
Macquarie Diversified Floating Rate Fund	Macquarie Master Enhanced Fixed Interest Fund	van Eyk Blueprint Balanced Fund
Macquarie Diversified Private Equity Fund	Macquarie Master Enhanced Property Securities Fund	van Eyk Blueprint Capital Stable Fund
Macquarie Diversified Treasury (A) Fund	Macquarie Master Geared Growth Fund	van Eyk Blueprint Diversified Income Fund
Macquarie Diversified Treasury (AA) Fund	Macquarie Master Global Bond Fund	van Eyk Blueprint Global Emerging Markets Fund
Macquarie Diversified Treasury (AA) Fund No. 1	Macquarie Master Growth Fund	van Eyk Blueprint Gold Bullion Fund
Macquarie Dynamically Hedged International Equities Fund	Macquarie Master Imputation Fund	van Eyk Blueprint High Growth Fund
Macquarie Emerging Markets Debt Fund	Macquarie Master Property Securities Fund	van Eyk Blueprint International Shares Fund
Macquarie Emerging Markets Infrastructure Securities Fund	Macquarie Master Small Companies Fund	van Eyk Blueprint Listed Property and Infrastructure Fund
Macquarie Emerging Markets Share Trust	Macquarie Master Term Cash Fund	van Eyk Blueprint Smaller Companies Fund
Macquarie Emerging Markets Tactical Allocation Fund (Hedged)	Macquarie New Zealand Fortress Notes Trust	VOLition Fund
Macquarie Emerging Markets Tactical Allocation Fund (Unhedged)	Macquarie Nine Film And Television Fund 2003	Walter Scott Emerging Markets Fund
Macquarie Enhanced Australian Fixed Interest Fund	Macquarie Nine Film And Television Investment Fund	Walter Scott Global Equity Fund
Macquarie Enhanced Balanced Fund	Macquarie Property Securities Fund	Walter Scott Global Equity Fund (Hedged)
Macquarie Enhanced Global Bond Fund	Macquarie Property Securities Trust	Wellington Australian Global Total Return Portfolio
Macquarie Enhanced Property Securities Fund	Macquarie Reflexion Asia Property Trust	Wellington Credit Opportunities Portfolio
Macquarie Equinox 6 Trust	Macquarie Reflexion Asia Trust 2005	Wellington Emerging Markets Equity
Macquarie Equinox Asia 2 Trust	Macquarie Reflexion Best of Japan and Australia Trust	Wellington Global Contrarian Equity
Macquarie Equinox Asia Trust	Macquarie Reflexion BRIC and Emerging Markets Trust	Wellington Global Growth Equity Portfolio
Macquarie Equinox Limited	Macquarie Reflexion China Trust	Wellington Global Research Equity Portfolio
Macquarie Equinox Select Opportunities Trust	Macquarie Reflexion China Trust 2005	Wellington Global Smaller Companies Equity Portfolio
Macquarie Equity Index Fund	Macquarie Reflexion Commodity Trust	Wellington Global Strategic Equity Portfolio
Macquarie Eucalypt Project	Macquarie Reflexion Emerging Markets Trust	Wellington Global Strategic Equity Portfolio (Hedged)
Macquarie Eucalypt Project 2003	Macquarie Reflexion Europe Trust	Wellington Global Value Equity Portfolio
Macquarie Eucalypt Project 2004	Macquarie Reflexion Japan Focus Trust	Wellington Special Strategies Portfolio
Macquarie Eucalypt Project 2005	Macquarie Reflexion Japan Trust	Winton Global Alpha Fund
Macquarie Eucalypt Project 2006	Macquarie Reflexion Japan Trust 2005

Contact us

For more information, please contact:

Email: mfgriskanalysts@macquarie.com

If you are an investor, please contact our Client Service team on:

Tel: 1800 814 523
Email: mim.clientservice@macquarie.com

This information has been prepared without taking account of investors' objectives, financial situation or needs. Investors should obtain and consider the Product Disclosure Statement for the relevant investment, and consider the appropriateness of the above information having regard to their personal situation, before making an investment decision. Product Disclosure Statements are, or will be, available by contacting us at the details provided under "Contact us". We advise that investors read the information at the bottom of each webpage for details relating to that specific product and obtain financial, legal and taxation advice before making a financial investment decision.

Investments referred to above are issued by Macquarie Investment Management Limited ABN 66 002 867 003 AFS Licence 237492, Macquarie Financial Products Management Limited ABN 38 095 135 694 AFS Licence 237847, Macquarie Capital Investment Management (Australia) Limited ABN 90 086 159 060 AFS Licence 237843 or MQ Portfolio Management Limited ABN 55 092 552 611 AFS Licence 238321 as specified in the product disclosure statement for the relevant investment.

Other than Macquarie Bank Limited ABN 46 008 583 542 (MBL), any Macquarie Group entity noted on this page is not an authorised 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.

Investments in any of the above funds are not deposits with, or other liabilities of, Macquarie Bank Limited (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 above funds, nor do they guarantee the repayment of capital from any of those funds.