Listed Investment Companies
Clime Capital Limited (CAM)
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.
For more research, performance figures and monthly investing reports visit the Clime Capital website.
CBG Capital Limited (CBC)
CBG Asset Management (CBG) is a successful Australian equities fund manager, founded in 2002. CBG was recently acquired by Clime Investment Management, and we believe that the combined resources of the two companies offer the potential to facilitate even strong results going forward. We are an active boutique manager with the objective of maximising long term returns to investors through a balance of capital growth and distributions. The CBG investment team employs a proven, bottom-up investment process. We manage a diversified portfolio of Australian listed investments with generally between 40 and 60 stocks held.
The Australian equities market is heavily concentrated in the largest capitalisation stocks. However, CBG’s mandate and relative fund size allow us to invest more broadly and to have a greater exposure to emerging companies. We invest in a portfolio of Australian equities with a minimum of 75% of the portfolio invested in stocks from the S&P/ASX 200 index. A maximum of 25% can be invested in stocks outside the S&P/ ASX 200 index.
CBG also has a longer term investment focus than most investors, as evidenced by average historical turnover of 30-40% per annum in our funds. This assists us to benefit from pricing inefficiencies that result from the shorter term focus of the market as a whole. At CBG we invest in high quality companies, which minimises the risk of permanent capital loss. A key strength of the team is our stock picking track record and in 2013 CBGAM won the Golden Calf Award for best-boutique fund manager at the Australian Fund Manager Awards.
For more research, performance figures and monthly investing reports visit the CBG Capital website.