Benefits of investing in CAM

Clime Capital Limited (ASX:CAM) offers investors the opportunity to buy into a top performing listed investment company. Our focus is to protect and grow capital by investing in quality companies, at a time when they are undervalued by the market. Clime invests in a diversified portfolio of businesses, trusts and interest bearing securities using value investment principles.

The Clime investment company structure offers a number of key advantages to investors:

• Clime pays quarterly dividends to ordinary & preference shareholders.

• Clime will protect your investment. We are investors not traders, and our first priority is to protect capital.

• Clime has the ability to look across listed asset classes to seek returns - a great advantage in an environment where many managers are often forced to be fully invested in one asset class.

• Clime has a strong and experienced team of value focused investment professionals.

• Clime's flat management structure makes it nimble, able to make fast investment decisions and take advantage of opportunities when they arise.

• Clime's focus on quality lowers your risk in an uncertain market.

• Clime will not be a forced seller of securities in difficult times (unlike a managed fund).

• Clime will not be a forced buyer at inopportune times, as our mandate allows us to hold cash.

• Many investors talk tough about buying when prices are low and selling when they are high. In reality, few buck the trend. Clime is one exception.

About the Fund

Clime Capital Limited is a Listed Investment Company with a strong history of solid returns for its shareholders. It has both ordinary and converting preference shares. As a fund manager, our purpose is to deliver value to our shareholders based on our corporate values of integrity, transparency and conviction. We invest in quality companies that have integrity, but only when we can buy the stocks at a discount to appraised value. We are benchmark unaware. Instead, we have a solid investment approach that guides all our investment decisions.

Clime Capital Limited (ASX:CAM) was listed on the ASX in February 2004 to provide investors with the opportunity to participate in a long-term approach to portfolio investing using value investing principles.

The company's investment objective is to generate returns for shareholders by investing in businesses with understandable economics and excellent growth and income potential that are run by capable management.

The company was formed to provide access for all investors to a strategy intended to create long-term wealth by purchasing, at rational prices, a portfolio of businesses whose earnings are expected to increase over the years.

How we invest your money

Clime has a disciplined investment approach focused on the distinction between value and price. The allocation of investment capital into the market generally and stocks specifically is tempered by the continual macroeconomic overlay. The company has the ability to hold elevated cash levels when market risks are considered to be excessive or value is not apparent. The Manager has the ability to look across listed asset classes to seek returns.

Clime's investment process is driven by a rigorous adherence to core value investing principles.

Our investment approach is based on the concept of intrinsic value which is calculated through the use of our valuation process. This takes into account the fundamentals of a business, its capital management and the amount of risk involved with investing in a particular company.

Key elements:

1. Quantitative: Value Based

• Filters define the Investment Universe

• Focus on Fundamental Quality & Valuation

• Market Capitalisation & Liquidity considerations

2. Qualitative: Insight Driven

• Industry & Competitive Advantage

• Business Model & Capital Structure

• Management meetings, 100-200/year

3. Portfolio Construction:

• Asset Allocation driven by Macro Economic Overview & Opportunities

• Built Company by Company

• Dynamic weight management via Margin of Safety