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              **EXHIBIT
                  34.3**




**REPORT
      OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM**




The
      Board
      of Directors


Perpetual
      Limited


We
        have
        examined management’s assessment, included in the accompanying Report on
        Assessment of Compliance with Regulation AB Servicing Criteria, that Perpetual
        Limited (the “Company”) complied with the servicing criteria set forth in Item
        1122(d) of the Securities and Exchange Commission’s Regulation AB for
        asset-backed securities transactions  for
        which
        the Company served as servicer that are backed by the same asset type backing
        the asset-backed securities of SMHL Global Fund No.9 (including the SMHL
        Global
        Fund No.9 and SMHL Global Fund 2007-1 asset-backed securities transactions),
        that were completed on or after January 1, 2006  and
        that
        were registered with the SEC pursuant to the Securities Act of 1933 (the
“Platform”) *,* as
        of
        June 30, 2007 and for the period from October 11, 2006 (the date of issuance
        of
        the SMHL Global Fund No.9 transaction subject to the requirements of Regulation
        AB) to June 30, 2007 (the “Reporting Period”) except for servicing criteria
        229.1122(d)(1)(ii), 1122(d)(1)(iii), 1122(d)(1)(iv), 1122(d)(2)(i),
        1122(d)(2)(vi), 1122(d)(3)(i), 1122(d)(3)(iv), 1122(d)(4)(i), 1122(d)(4)(iv),
        1122(d)(4)(v), 1122(d)(4)(vi), 1122(d)(4)(vii), 1122(d)(4)(viii),
        1122(d)(4)(ix), 1122(d)(4)(x), 1122(d)(4)(xi), 1122(d)(4)(xii), 1122(d)(4)(xiii)
        and 1122(d)(4)(xiv) which the Company has determined are not applicable to
        the
        activities it performs with respect to the Platform. Appendix
        A identifies the individual asset-backed transactions and securities defined
        by
        management as constituting the Platform.  Management
        is responsible for the Company’s compliance with those servicing criteria. Our
        responsibility is to express an opinion on management’s assessment about the
        Company’s compliance based on our examination.
 
 Our
        examination was conducted in accordance with the standards of the Public
        Company
        Accounting Oversight Board (United States) **** and,
        accordingly, included examining, on a test basis, evidence about the Company’s
        compliance with the servicing criteria specified above and performing such
        other
        procedures as we considered necessary in the circumstances. Our examination
        included testing of less than all of the individual asset-backed transactions
        and securities that comprise the Platform, testing of less than all of the
        servicing activities related to the Platform, and determining whether the
        Company processed those selected transactions and performed those selected
        activities in compliance with the servicing criteria. Furthermore, our
        procedures were limited to the selected transactions and servicing activities
        performed by the Company during the period covered by this report. Our
        procedures were not designed to determine whether errors may have occurred
        either prior to or subsequent to our tests that may have affected the balances
        or amounts calculated or reported by the Company during the period covered
        by
        this report for the selected transactions or any other transactions. We believe
        that our examination provides a reasonable basis for our opinion. Our
        examination does not provide a legal determination on the Company’s compliance
        with the servicing criteria.


KPMG,
        an
        Australian partnership and a member firm of the KPMG network of
 independent
        member firms affiliated with KPMG International, a Swiss
        cooperative.









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In
      our
      opinion, management's assessment that the Company complied with the
      aforementioned servicing criteria as of June 30, 2007 and for the reporting
      period October 11, 2006 to June 30, 2007 is fairly stated, in all material
      respects.








**/s/
      KPMG**




KPMG




Sydney


September
      26, 2007


























KPMG,
        an
        Australian partnership and a member firm of the KPMG network of
 independent
        member firms affiliated with KPMG International, a Swiss
        cooperative.







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**Appendix
      A**





**Individual
      Asset-Backed Transactions defined by Management as Constituting the
      Platform**





SMHL
      Global Fund No. 9.


SMHL
      Global Fund 2007-1.
























KPMG,
        an
        Australian partnership and a member firm of the KPMG network of
 independent
        member firms affiliated with KPMG International, a Swiss
        cooperative.