Clime Investment Management Ltd · ASX:CIW
Clime Investment Management — Investor Presentation (September 2020)
22 slides from Clime Investment Management's investor presentation, Sep 2, 2020
Slide 1: Clime Investment Management Limited Investor Presentation FY 20
Clime Investment Management Limited Investor Presentation FY 20 2 September 2020 Donald McLay Rod Bristow Biju Vikraman Chairman Chief Executive Officer Chief Financial Officer
Slide 2: Disclaimer
Disclaimer The information contained in this presentation is published by the Clime Group. The information contained herein is not intended to be advice and does not take into account your personal circumstances, financial situation and objectives. The information provided herein may not be appropri
Slide 3: Agenda
Agenda 01 02 03 04 Welcome and Highlights Financials Business Update FY20 Overview and Outlook
Slide 4: Welcome and FY20 Overview
Welcome and FY20 Overview Donald McLay – Chairman
Slide 5: FY20 Highlights
FY20 Highlights Rod Bristow – Chief Executive Officer
Slide 6: Clime Investment Management (ASX: CIW)
Clime Investment Management (ASX: CIW) • Diversified financial services business − Investment Management − Wealth Management − Investor Education • National footprint − 42 staff in Sydney (head office), Melbourne and Brisbane • Our Values are Integrity, Transparency and Conviction
Slide 7: FY20 Highlights
FY 20 Highlights • Disciplined strategy execution − Clarity on where we compete and how we win − Efficiency and lower operating costs • COVID-19 impact • Madison Financial Group acquisition − Building out Wealth Management with retail financial advice expertise • Momentum and growth in underlying bu
Slide 8: FY20 Financial Results
FY20 Financial Results Biju Vikraman – Chief Financial Officer
Slide 9: FY20 Summary
FY 20 Summary • Operating earnings up 86% on PCP to $1.05M • Net Performance Fees down 6% on PCP to $1.76M • Assets held at fair value on balance sheet down 172% on PCP to ($0.82M) • Net Profit Before Tax down 74% on PCP to $0.5M • Net Profit After Tax down 73% to $0.4M
Slide 10: FY20 – Review of Financial Results
FY 20 – Review of Financial Results 30-Jun-20 30-Jun-19 Change % ($’000) ($’000) ($’000) Change Operating Earnings 1,054 568 486 86% Net Performance Fees 1,761 1,883 (122) (6%) Income / (Loss) generated by Assets Held at Fair Value (820) 1,143 (1,963) (172%) Other Expenses (657) (1,008) Depreciation
Slide 11: FY20 PCP Comparison
FY 20 PCP Comparison PCP Comparison $2,500,000 $2,000,000 $1,500,000 $1,000,000 $500,000 $- Operating Earnings Net Performance Fees Assets Held at Fair NPBT NPAT Value -$500,000 -$1,000,000 FY19 FY20
Slide 12: Business Update and Outlook
Business Update and Outlook Rod Bristow – Chief Executive Officer
Slide 13: Strategic Positioning
Strategic Positioning • Clarity on the operating segments where we compete − Investment Management (where we invest in quality companies with a strong valuation discipline) − Wealth Management (where our deep knowledge and insight and straight talking, authentic approach empowers clients to take con
Slide 14: Investment Solutions
Investment Solutions Investment type Solution Suitable for… • All Cap Australian Equity IMA • High Conviction Australian Equity IMA Individually Managed Accounts (IMAs) Wholesale investors only • Income IMA • Balanced Ethical Income IMA • Clime Multi-Asset Portfolios Separately Managed Accounts (SMA
Slide 15: Investment Solutions – Fund Ratings
Investment Solutions – Fund Ratings
Slide 16: Clime Gross FUM ($M) recovering strongly
Clime Gross FUM ($M) recovering strongly Clime Gross FUM ($M) 1,050 1,000 950 900 850 800 750 700 650 600 550
Slide 17: Wealth Management
Wealth Management • Clime’s Wealth Management services are available for retail and wholesale clients • Madison Financial Group (MFG) is the group’s retail wealth management solution − Acquired in June 2020, MFG supports the provision of quality financial advice through a national network of over 10
Slide 18: Wealth Management – Retail
Wealth Management – Retail Funds Under Advice 30 June 2020 Wealth Portal# $749 million Other Investment Platforms $2,796 million Insurance Premiums $74 million TOTAL $3,618 million # Wealth Portal is a ‘white-label’ of OneVue’s investment platform providing integrated asset management and reporting
Slide 19: Investor Education
Investor Education “Inspiring investors to take positive action to improve their wealth” • FY20 national program (including via Zoom from March 2020) − 30 Investor Education events − Total of 1,100 participants nationally • Newsletters and publications − >5,000 active subscriptions to ‘The View’, we
Slide 20: Investor Education
Investor Education • Clime Direct − DIY Investor Platform − Clime Analyst research − Proprietary Clime Quality Filter for stock selection and portfolio construction − Direct SMA Portfolios for DIY investors (launched March 2020) − 1500 Clime Direct demonstrations (FY20) − 900 active subscriptions at
Slide 21: Outlook
Outlook • Continued uncertainty from COVID-19 − Ongoing Central Bank support key for market stability • FY21 Management Team focus − Organic growth in operating earnings and margins across all divisions − Business simplification and efficiency − Further mergers and acquisitions for scale and operati
Slide 22: Thank you
Thank you
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