The following three Unit Trusts are all PIE-registered: 

Tasman Fund 

This portfolio invests primarily in large New Zealand and Australian listed company shares. This managed fund aims to deliver returns in excess of a composite index comprising 50% NZSX50 index and 50% ASX 200 index over the long term. Accordingly this portfolio will typically be fully invested regardless of short term market trends. Australian companies may comprise up to 100% of this portfolio.

This fund is suitable for long term investors (5 years plus) who wish to benefit from the superior investment returns available from equity markets over extended time frames whilst also being prepared to tolerate short term capital volatility.

Brook Tasman Fund Profile June 2010.pdf

Alpha Fund

This portfolio is an absolute or total return fund which invests primarily in NZ and Australian equities. This managed fund does not follow any index but rather seeks out opportunities to buy undervalued businesses selected from our best research ideas, typically holding less than 15 securities. As the Alpha Fund is focused on generating positive investment returns (rather than relative returns) it may hold significant cash balances when attractive investment opportunities are scarce. Investment returns from the Fund are likely to be volatile as the portfolio will often have concentrated exposures to a limited number of shares. The Alpha Fund has the same underlying investment philosophy and research process as Brook’s other Australasian equity funds.

Brook Alpha Fund Profile June 2010.pdf

Walter Scott Global Share Fund

The Walter Scott Global Share Fund (the Fund) aims to produce a long-term return in accordance with Walter Scott & Partners Limited's global equities investment strategy.  This managed fund offers a concentrated portfolio of approximately 40 - 60 international stocks which they believe offers above-average earnings growth.  The Fund is suitable for investors seeking a long-term investment return. 

Walter Scott Global Share Fund Profile June 2010.pdf 

Legal disclaimer:

Investments in the Brook Unit Trusts are not deposits with, or other liabilities of, Macquarie Bank Limited (MBL) or of any other Macquarie 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 Group guarantees any particular rate of return on, or the performance of, the Brook Unit Trusts, nor do they guarantee the repayment of capital from the Brook Unit Trusts.

Brook Asset Management Limited is not an authorised deposit-taking institution for the purposes of the Banking Act (Cwth) 1959.  Brook Asset Management Limited's obligations do not represent deposits or other liabilities of Macquarie Bank Limited (MBL).  MBL does not guarantee or otherwise provide assurance in respect of the obligations of Brook Asset Management Limited, unless expressly noted otherwise.