Regal Investment Fund : RF1 Webinar

r personal use only

March 3, 2022

This presentation deck accompanies an audio recording at 11:00am AEDT on March 3, 2022. To view the full webcast please click on the link HERE and register for the webinar.

To access the replay of this recording, please reach out to [e-mail].

For any questions on RF1, please reach out to the registry, Link Market Services: [e-mail]

Mr Russell Beasley, Director of Equity Trustees Limited has authorised this presentation to be given to the ASX

Equity Trustees Limited ACN 004 031 298 AFSL 240975

onlyuse

ersonalRegal Investment Fund (ASX.RF1)

ARSN 632 283 384

March 2022

ersonal use only

Disclaimer

Equity Trustees Limited (Equity Trustees) (ABN 46 004 031 298), AFSL 240975, is the Responsible Entity for the Regal Investment Fund (ARSN 632 283 384) (ASX: RF1). Equity Trustees is a subsidiary of EQT

Holdings Limited (ABN 22 607 797 615), a publicly listed company on the Australian Securities Exchange (ASX: EQT).

This presentation has been prepared for use in conjunction with a verbal presentation and should be read in that context. Terms defined in the PDS have the same meaning in this presentation unless the contrary intention appears. This presentation may not be reproduced, disseminated, quoted or referred to, in whole or in part, without the express consent of Equity Trustees.

This presentation is not intended to be used as the basis for making an investment decision. This presentation is not, and does not constitute, an offer to sell or the solicitation, invitation or recommendation to purchase any securities and neither this presentation nor anything contained in it forms the basis of any contract or commitment. The information provided in this presentation is of a general nature only and has been prepared without taking into account your objectives, financial situation or needs. If you require advice that takes into account your personal circumstances, you should consult a licensed or authorised financial adviser.

Neither Equity Trustees nor Regal guarantees repayment of capital or any particular rate of return from RF1. No representation or warranty, express or implied, is made as to the fairness, accuracy, completeness or correctness of the information, opinions and conclusions contained in this presentation. All opinions, forecasts and estimates included in this presentation are those of Equity Trustees or Regal Funds Management Pty Ltd as at the date of this presentation and are subject to change without notice.

Past performance is not a reliable indicator of future performance. Any forward-looking statements in this presentation are not guarantees of future performance and involve known and unknown risks, uncertainties and other factors, many of which are beyond the control of Equity Trustees, Regal Funds Management Pty Ltd and their respective officers, employees, agents or associates. Actual results, performance or achievements may vary materially from past performance and any forward looking statements. Subject to applicable law, Equity Trustees assumes no obligation to update such information.

To the maximum extent permitted by law, none of Equity Trustees, RF1, Regal Funds Management Pty Ltd, their respective officers, employees, agents, advisors or any other person accepts any liability, including, without limitation, any liability arising out of fault or negligence for any loss arising from the use of information contained in this presentation.

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RF1 Review		Market Update		Observations		RF1 Outlook		Q&A

Agenda

only	1	Regal Investment Fund (RF1) - Review	5
	2	Market Review and Outlook	8
		3a	Recent Correction	9
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	3b	Echoes of 2001 - Shorting Getting Easier	13
	3e	Resources	24
		3c	Value Stocks Will Ensure Takeover Boom Continues	18
		3d	Financials	21
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3	Regal Investment Fund (RF1) - Outlook	32
4	Investor Q&A	33
	5	Appendix	35

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RF1 Review		Market Update		RF1 Outlook		Q&A

Regal Team

only	Philip		Brendan		Mark	Tim
	King		O'Connor		Nathan	Elliott
ersonal use	Chief Investment		Chief Executive		Portfolio Manager	Portfolio Manger
Officer		Officer		Head of Research	Head of Mining

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