Features of the CSCF
Clime is a value-based fund manager that specialises in absolute-return objective-based investing.
|Investment Strategy||The Fund seeks to deliver strong risk-adjusted total returns by investing in a portfolio of high quality smaller Australian companies that are attractively priced.|
|Investment Objective||The Fund seeks to achieve an annual total return of 8% above the Australian Consumer Price Index (CPI) after fees over rolling five to seven year investment periods.|
|ASX Smaller Companies Exposure||The Fund invests in those companies that are outside of the S&P/ASX200 Index and above $50m market capitalisation at the time of establishing a position.|
|Suitability||Those wholesale investors with a high-risk tolerance and investment time horizon of at least five to seven years.|
|Investment timeframe||Suggested minimum 5 years.|
|Minimum initial investment||$100,000 for wholesale units.|
|Minimum additional investment||$10,000 for wholesale units.|
|Minimum balance||$100,000 for wholesale unitholders.|
|Distributions||Aims to distribute income annually shortly after 30 June. Unless investors choose otherwise, distributions are automatically reinvested.|
|Applications and withdrawals||Weekly each Wednesday (and the last business day of the month)|
|Management costs||Investment Management Fee^ of 1.03% pa.|
Performance Fee of 20% of Fund’s total return above investment objective of CPI + 8% pa inc. GST.
Expenses^ of 0.21% pa.
^ Fees calculated and accrued weekly, paid monthly in arrears out of Fund’s assets.
*This Fund is available to wholesale clients only, as defined in the Corporations act.