Benefits of investing in the Clime All Cap Australian Equities Fund

The significant benefits of the Fund are:

• access to the expertise of an active, boutique Australian equities investment manager;

• access to investment opportunities, markets and risk management techniques that may not be available to individual investors;

• diversification through pooling of assets that may not be available to an individual investor;

• potential to invest at a lower cost than investing direct; and

• the right to receive any income distributions as well as any other distributions (such as capital distributions). Distributions may also carry imputation, foreign or other tax credits.

Risk level

High

Investor suitability

The Fund is suitable for investors seeking higher returns in Australian equities over the longer term.

About the Fund

The Clime All Cap Australian Equities Fund (formerly Clime CBG Australian Equities Fund) is a concentrated portfolio providing a balanced exposure to high quality companies across the large, mid and small cap segments of the ASX.

The Fund invests in leaders that have good economics, strong balance sheets, and significant growth prospects. The Fund is managed to generate a sound balance of capital growth and income.

Its objective is to achieve returns in excess of the ASX200 Accumulation index.

The Fund has a quality focus with a valuation discipline. Fund holdings are characterised by:

• A competitive advantage, leadership within a specific niche and a sound track record

• Financial strength, high levels of profitability and margin

• Low financial leverage

• Capital efficient growth and cash generation

• Highly capable management team aligned with creating shareholder value

• Companies that can deliver genuine sustainable long-term growth

• Investments that can be purchased at appropriate prices

Our approach to portfolio management ensures investments are appropriately weighted according to their level of risk and reward. Position sizing reflects not only our assessment of valuation and quality, but also the degree of strategy execution.

How we invest your money

The Fund invests primarily in shares of listed companies in the S&P/ASX 200 Index. It can also hold listed shares outside of the S&P/ASX 200 Index and acquire shares in IPOs on the ASX, as well as some cash and cash-type investments including listed interest rate securities.

Asset allocation

• Australian Listed Shares: 50-100%

• Cash: 0-50%

• Listed Interest Rate Securities*: 0-10%

• Initial Public Offerings (IPO)**: 0-10%

*this is a sub sector of the Cash Asset Class

**this will generally be a sub sector of the Australian Listed Shares Asset Class (unless an unlisted company does not proceed with its IPO)