Performance
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 Clime Capital Limited (CAM) are different investment vehicles with a common investment 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.
Clime Australian Value Fund (CAVF)
A retail unlisted unit trust, CAVF had A$18.3 million of funds under management as at 31 May 2010. Since its inception in August 2006, the fund has consistently outperformed the All Ordinaries Accumulation Index.
| Annualised Performance to 31 July 2010 | 1 year | 2 years | 3 years | Since Inception |
|---|---|---|---|---|
| Clime Australian Value Fund | 17.7% | 14.7% | 1.0% | 6.4% |
| ASX All Ordinaries Accumulation Index | 10.2% | -1.3% | -6.1% | 1.8% |
| CAVF Outperformance | 7.5% | 16.0% | 7.1% | 4.9% |
Annualised investment performance is after all applicable fees and taxes. Distributions are taken to have been paid as cash.
Clime Capital (ASX:CAM)
CAM was established on 3rd February 2004. With $62.5 million under management at 31 May 2010, CAM is our largest discrete portfolio. It mirrors the investment returns available to private investors, who can invest in Discrete Share Portfolios (DSP). With a DSP, investors combine the benefit of individual share ownership with the advantage of professional investment management.
| Annualised Performance to 31 July 2010 | 1 year | 2 years | 3 years | 4 years |
|---|---|---|---|---|
| Clime Capital Limited | 20.9% | 16.1% | -0.9% | 6.1% |
| ASX All Ordinaries Accumulation index | 10.2% | -1.3% | -6.1% | 1.8% |
| Outperformance | 10.7% | 17.4% | 5.2% | 4.3% |
Annualised investment performance is after all applicable fees and taxes.
Clime High Yield Underdogs Fund (CHYUF)
The objective of the Clime High Yield Underdogs Fund is to capture the share price outperformance of high dividend yielding companies. The Fund aims to provide capital growth with the benefit of income from a high yielding portfolio.
| Annualised Performance to 31 July 2010 | 1 year | 2 years | Since Inception |
|---|---|---|---|
| Clime High Yield Underdogs Fund | 10.3% | 7.0% | 0.1% |
| ASX 100 Industrial Accumulation Index | 12.1% | 2.39% | -9.45% |
* Inception date is 20 December 2007. Performance figures for more than 1 year are annualised, calculated after all applicable fees and taxes and assume dividends have been distributed as cash. Performance figures compare unit price to unit price for the given period. The returns exclude the impact of imputation.
[...] Clime Investment Management Ltd (CIW) manages the investments for CAM. CIW specializes in value investing; the principle of purchasing investments in quality companies when the share price is at a discount to estimated value. The investment returns achieved by investors in CIW’s managed funds and share portfolios mirror that of CAM, as can be seen in the following table on our website: http://www.clime.com.au/performance/ [...]