L1 Global Long Short Fund Limited Registered · ASX:GLS
L1 Global Long Short Fund Limited Registered — Platinum Capital — Shareholder Meeting (November 2018)
11 slides from L1 Global Long Short Fund Limited Registered's shareholder meeting presentation, Nov 8, 2018
Slide 1: Annual General Meeting
For personal use only Annual General Meeting 8 November 2018 Platinum Capital Limited ABN 51 063 975 431
Slide 2: Investment performance as at 30 June 2018
Investment performance as at 30 June 2018 For personal use only MSCI All Country Pre-Tax NTA Period World Net Index Return * ($A) Return 1 year (compound pa) 15.6% 15.0% 3 years (compound pa) 8.7% 9.6% 5 years (compound pa) 12.1% 14.2% Since inception (compound pa) 12.5% 7.0% *The pre-tax NTA return
Slide 3: NTA returns since inception
NTA returns since inception For personal use only 5 Year compound per annum pre-tax NTA returns since inception to 30 June 2018ii PMC MSCI Total number of 5 year periods to 30 June 2018ii 229 229 Periods where return was positive (% of total) 96% 62% Periods where return was negative (% of total) 4%
Slide 4: Dividends
Dividends For personal use only Fully-franked 2018 final dividend of 6 cents per share and together with the 2018 interim dividend, the Company paid 10 cents per share for the 2018 financial year. This represents a dividend yield of 4.8% based on the 30 June 2018 closing share price of $2.09. The Bo
Slide 5: Other key developments during the year
Other key developments during the year For personal use only Proposal to remove the refund of tax paid on franking credits Platinum, with the Board’s support, wrote to the Leader of the Federal Opposition and the Shadow Treasurer on 9 July 2018, to express its concerns, and requested that listed inv
Slide 6: Investment performance as at October 2018
Investment performance as at 31 October 2018 For personal use only MSCI All Country Pre-Tax NTA Period World Net Index Return * ($A) Return 1 year (compound pa) (4.7)% 7.6% 3 years (compound pa) 5.6% 8.0% 5 years (compound pa) 9.3% 12.5% Since inception (compound pa) 12.0% 6.9% *The pre-tax NTA retu
Slide 7: Proxy results: Re-appointment of Margaret Towers
Proxy results For personal use only 1. Re-appointment of Margaret Towers as a Director OPEN-USABLE OPEN-USABLE FOR AGAINST CHAIR NON-CHAIR 36,703,866 233,500 2,196,268 921,384 91.64% 0.58% 5.48% 2.30% 7
Slide 8: Proxy results: Re-appointment of Jim Clegg
Proxy results For personal use only 2. Re-appointment of Jim Clegg as a Director OPEN-USABLE OPEN-USABLE FOR AGAINST CHAIR NON-CHAIR 36,600,233 304,383 2,182,614 921,384 91.48% 0.76% 5.46% 2.30% 8
Slide 9: Proxy results: Adoption of the Remuneration Report
Proxy results For personal use only 3. Adoption of the Remuneration Report OPEN-USABLE OPEN-USABLE FOR AGAINST CHAIR NON-CHAIR 32,261,154 2,479,258 2,171,956 866,854 85.39% 6.56% 5.75% 2.30% 9
Slide 10: Close of meeting / Investment Manager's Report
Platinum Capital Limited For personal use only Close of meeting Investment Manager’s Report 10
Slide 11: Disclaimer
Disclaimer For personal use only The information provided in these presentation slides is not intended to be advice. It does not take into account the investment objectives, financial situation or particular needs of any person, and should not be used as the basis for making investment, financial or
Platinum Capital — Shareholder Meeting (November 2018) on 6ix