At Clime, we do not follow the stock market indices blindly. We have demonstrated that a consistent and disciplined strategy over the medium term will provide superior returns for our clients.

The Clime Australian Value Fund (CAVF) and Discrete Share Portfolio are different investment vehicles with a common investing philosophy – value investing. The benchmark comparisons below demonstrate the power of value investing in good as well as bad times. There has never been a better time to invest with Clime.

Annualised Performance to 30 April 2012	1 year	2 years	3 years	4 years	5 years	Inception
Clime Australian Value Fund (CAVF)	6.60%	10.56%	19.45%	11.90%	5.62%	8.06%
ASX All Ordinaries Accumulation Index	-4.62%	0.29%	10.50%	-1.54%	-2.15%	2.26%
CAVF Outperformance	11.22%	10.27%	8.95%	13.45%	7.77%	5.80%

Inception Date of Fund: 28 August 2006. Annualised investment performance is after all applicable fees and taxes. Distributions are assumed to have been reinvested. Past performance is no guarantee of future returns.

A note about our performance figures…

According to industry standard, the figures above are annualised. When used over time these figures should be compounded for the duration indicated.

As an example…

3 Years:                 20%

Yr 0:                       $10,000
Yr 1:                       $10,000 + 20% = $12,000
Yr 2:                       $12,000 + 20% = $14,400
Yr 3:                       $14,400 + 20% = $17,280

(therefore cumulative performance is 72.8% over 3 years)