Thursday, 15 September 2016

MARKET ANNOUNCEMENT CBG Fund Details as at 31 August 2016

As at 31 August 2016, Bentley had ~$5.07 million (33.9% of its net assets) invested in the CBG Australian Equities Fund (Wholesale) (CBG Fund) (31 July 2016: ~$5.15 million (34.1%)).

About the CBG Fund

The monthly performance of the CBG Fund for August 2016 was -1.6% (31 July 2016: +6.8%) compared with its benchmark performance (S&P/ASX 200 Accumulation Index) of -1.6% (31 July 2016: +6.3%).

The CBG Fund is a wholesale fund not open to retail investors. The objective of the fund is to outperform the S&P/ASX 200 Accumulation Index over the medium term. The Investment Manager is 'style neutral' and invests in growth stocks, value stocks, stocks with maintainable dividend yields and special situations.

CBG Fund details as at 31 August 2016:

  • The equity weighting was 96.3% (31 July 2016: 96.4 %);

  • 83.4% of the equity portfolio is invested in companies contained within the S&P/ASX 200 Index (31 July 2016: 84.8%) with the balance of 16.6% invested in companies outside of the S&P/ASX 200 Index (31 July 2016: 15.2%); and

  • The equity portfolio contained 44 holdings (31 July 2016: 45 holdings).

    CBG Australian Equities Fund - Performance

    Returns To:

    1mth

    3mths

    6mths

    1yr

    2yrs

    3yrs

    Since Inception

    31 August 2016

    (%)

    (%)

    (%)

    (%)

    (% p.a.)

    (% p.a.)

    (% p.a.)

    CBG Fund

    -1.6 %

    0.7%

    8.6%

    8.0%

    3.5%

    8.3%

    9.5%

    ASX / S&P 200

    Accumulation Index

    -1.6%

    2.1%

    13.9%

    9.3%

    2.9%

    6.6%

    8.0%

    www.bel.com.au

    BENTLEY CAPITAL LIMITED A.B.N. 87 008 108218

    Level 2, 23 Ventnor Avenue, West Perth, Western Australia 6005

    ASX Code: BEL T | (08) 9214 9757 F | (08) 9214 9701 E | info@bel.com.au

    20160915 BEL ASX CBG Fund Details as at 31 August 2016.doc

    CBG Australian Equities Fund Top 20 Holdings and Sector Weights

    Top 20 Holdings

    Fund Weight

    Sector weights

    Fund Weight

    ASX

    Code

    Asset Name

    31

    Aug

    31

    Jul

    Sector

    31

    Aug

    31

    Jul

    CBA

    COMMONWEALTH BANK OF AUSTRALIA

    10.2%

    10.8%

    Financials (ex-Real Estate)

    40.6%

    41.1%

    WBC

    WESTPAC BANKING CORPORATION

    7.8%

    8.0%

    Industrials

    22.1%

    23.8%

    MQA

    MACQUARIE ATLAS ROADS GROUP

    5.7%

    5.9%

    Consumer Discretionary

    8.2%

    8.1%

    TCL

    TRANSURBAN GROUP

    5.5%

    5.9%

    Cash/Hybrids/Fixed Interest

    6.2%

    6.3%

    ANZ

    ANZ BANKING GROUP

    5.1%

    4.8%

    Utilities

    5.9%

    6.0%

    HGG

    HENDERSON GROUP

    4.2%

    4.0%

    Information Technology

    5.5%

    5.1%

    AIA

    AUCKLAND INTERNATIONAL AIRPORT

    4.0%

    3.8%

    Real Estate

    3.8%

    3.5%

    MFG

    MAGELLAN FINANCIAL GROUP

    3.9%

    3.7%

    Health Care

    1.8%

    1.1%

    SYD

    SYDNEY AIRPORT

    3.8%

    3.9%

    Telecommunication Services

    1.7%

    0.7%

    NAB

    NATIONAL AUSTRALIA BANK

    3.7%

    3.5%

    Materials

    0.7%

    0.7%

    DUE

    DUET GROUP

    3.2%

    3.2%

    Cash/Hybrids/Fixed Interest

    3.6%

    3.6%

    LLC

    LENDLEASE GROUP

    3.2%

    3.0%

    APA

    APA GROUP

    2.9%

    3.0%

    AHG

    AUTOMOTIVE HOLDINGS GROUP

    2.4%

    2.2%

    IFL

    IOOF HOLDINGS

    2.4%

    2.4%

    EGH

    EUREKA GROUP HOLDINGS

    2.3%

    2.1%

    ACX

    ACONEX

    2.2%

    2.7%

    REA

    REA GROUP

    1.9%

    2.1%

    TNE

    TECHNOLOGY ONE

    1.8%

    1.7%

    BAL

    BELLAMYS AUSTRALIA

    1.7%

    0.7%

    Notes:

  • The 'About the CBG Fund' section is based on information provided by CBG Asset Management Limited.

  • Units invested in the CBG Australian Equities Fund (Wholesale) are valued at the audited unit price published by the investment manager, CBG Asset Management Limited, as at month end - the unit price reflects the net asset backing of the fund; there is no buy/sell spread price; there is no recognition of realisation costs as there are no exit fees charged on redemption of units.

FOR FURTHER INFORMATION:

Farooq Khan Chairman

Victor Ho Company Secretary

T | (08) 9214 9757

T | (08) 9214 9757

E | info@bel.com.au

E | cosec@bel.com.au

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Bentley Capital Limited published this content on 15 September 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 15 September 2016 08:53:03 UTC.

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