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Clime High Yield Underdogs - Managed Fund (Closed)

Fund Objective
The objective of the Fund is to capture the share price outperformance of high dividend yielding companies. It achieves this objective by consistent application of the disciplined approach of identifying temporary market inefficiencies in the pricing of companies selected from Australia's 100 largest listed industrial companies of the S&P/ASX100. The 10 with the highest dividend yield are selected and held for at least 12 months.
Fund Strategy
The investment approach is known internationally as 'Dogs of the Dow'.

Fund Performance Comparison

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Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return -2.63% -2.39% -2.15% 3.94% 14.15% 1.3% -% -%
Growth return -2.63% -2.39% -5.44% -5.69% 6.27% -4.73% -% -%
Income return 0% 0% 3.29% 9.63% 7.88% 6.03% -% -%
Market index (S&P/ASX 200 TR AUD)
Total return 0.39% 2.7% 11.09% 12.46% 18.51% 13.08% 12.64% 9.68%
As at 31 May 2011. Returns for periods greater than 1 year are annualised. All figures are percentages.

General Information

Fund Details
Type Description
Clime High Yield Underdogs
Closed
Clime Asset Management Pty Ltd
CRE0002AU
Equity Australia Large Blend
starstarstarstar (as at 31 May 2011)
Investment Fund
21 Dec 2007
$4.05 million (as at 31 Mar 2011)
$0.8383 (as at 31 May 2011)
$0.8341 (as at 31 May 2011)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) - Estimated 0.57% (as at 30 Jun 2008) (Estimated)
Minimum initial investment $10,000.00
Minimum additional investments $5,000.00

Top 10 holdings (as at 30 Jun 2010)

Holding (as at 30 Jun 2010) Type % of Portfolio
Metcash Limited Stock 11.32%
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FAQs about the Clime High Yield Underdogs

The objective of the Clime High Yield Underdogs managed fund is The objective of the Fund is to capture the share price outperformance of high dividend yielding companies. It achieves this objective by consistent application of the disciplined approach of identifying temporary market inefficiencies in the pricing of companies selected from Australia's 100 largest listed industrial companies of the S&P/ASX100. The 10 with the highest dividend yield are selected and held for at least 12 months.

The strategy of the Clime High Yield Underdogs managed fund is The investment approach is known internationally as 'Dogs of the Dow'.

The APIR code of the Clime High Yield Underdogs managed fund is CRE0002AU.

Clime High Yield Underdogs’s total return last month was -2.63%. This was made up of a growth return of -2.63% and an income return of 0%. These returns were calculated as at 31 May 2011.

Clime High Yield Underdogs’s total return for the last three months was -2.39%. This was made up of a growth return of -2.39% and an income return of 0%%. These returns were calculated as at 31 May 2011.

Clime High Yield Underdogs’s one-year total return is 3.94%. This was made up of a growth return of -5.69% and an income return of 9.63%. These returns were calculated as at 31 May 2011.

Clime High Yield Underdogs’s one-year total return is 1.3%. This was made up of a growth return of -4.73% and an income return of 6.03%. These returns were calculated as at 31 May 2011.

The asset allocation of the Clime High Yield Underdogs managed fund is :

Australian Equities
89.59%
Cash
10.41%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the Clime High Yield Underdogs managed fund is Clime Asset Management Pty Ltd.

The Clime High Yield Underdogs managed fund belongs to the Equity Australia Large Blend sector/asset class.

As at 31 Mar 2011, the size of the Clime High Yield Underdogs managed fund was $4.05 million.

The Clime High Yield Underdogs managed fund has an inception date of 21 Dec 2007.

The current entry price of the Clime High Yield Underdogs managed fund is $0.8383 per unit and the current exit price is $0.8341 per unit (as at 31 May 2011).

The current exit price of the Clime High Yield Underdogs managed fund is $0.8341 per unit and the current entry price is $0.8383 per unit (as at 31 May 2011).

The minimum initial investment amount for the Clime High Yield Underdogs managed fund is $10,000. Minimum additional investment is $5000.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.