| Peace of Mind |
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Knowing that professional and experienced
managers are looking after the Company's portfolio. |
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| Partnership Approach |
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The Lester Family, as the major Shareholders,
thinks of all Shareholders as partners who co-invest for scale
and diversification; the Company is merely the conduit through
which we all invest. |
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| Transparency |
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Our open approach to reporting and Corporations
Act audit requirements ensure Shareholders are kept fully informed.
We welcome calls from Shareholders to answer any questions you
may have and as such, can offer a more personalised service
than most other funds managers. |
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| Lower Taxation Rate |
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Our Shareholders receive a tax paid return based
on the company taxation rate of 30% which is usually a lower
rate than their personal taxation rates. |
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| Franking Credits |
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Where dividends are paid, they wil be fully franked. |
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| Liquidity |
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Shareholders may exit at the end of any month
after having provided one full calendar month's notice. |
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Management shares
in both the hurt and
the gain |
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Management have made considerable personal investments
into the Companies on the same terms as all other shareholders.
In addition, the Manager's Performance Fee only provides a bonus
if it outperforms the share market and it has made up any losses
when measured at any 30 June. This creates a strong incentive
for Management to perform.
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| Candid Reporting |
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We will always report the pluses and minuses
and provide the facts needed to understand results, outcomes
and plans. Of course, when it comes to investment ideas, these
will usually be kept private to preserve any advantage that
we can generate for Shareholder benefit. It is hard enough to
get any edge over other investors as it is without alerting
them to our plans. |
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| Linked Fortunes |
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A large proportion of Management’s wealth
is invested in Growth Equities shares, ensuring truly aligned
interests with all Shareholders. |
