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      Investing in Companies that Increase Earnings Year After Year

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Protecting Your Capital: Peace of Mind

Warren Buffett has often said the first two rules of investing are

  • Rule 1: Don’t lose money
  • Rule 2: See Rule 1

We agree: and we hope you do too.

Bottom line performance is important: but more important is the protection of capital. The Fund will never take any action that might improve the bottom line if it would risk your capital.

Stock markets fluctuate so it is inevitable that there will be periods when there are negative returns. The Capital Allocation Team chooses companies that are least likely to be be effected by such negative periods. It then verifies this.

Looking at rolling three-month periods starting each month, over the past 5 years the S&P/ASX 200 Accumulation Index lost money 19 times. For 84% of those times, the fund members lost less money or actually made money.

Specifically, the average loss of the index for the 19 losing three-month periods was -3.39%. In contrast, over these same periods, the Fund lost an average of -0.25%.

Conclusion: The Conscious Investor Fund successfully protected members' capital during losing markets.

Growing Your Wealth

By following the principles described in the Information Memorandum and outlined [ here ] the results of the fund performance are:

Period Conscious Investor Fund S&P/ASX 200 Accumulation Index
12 Months 27.0% 15.4%
3 Years (p.a.) 17.0% 11.5%
5 years (p.a.) 11.7% 8.9%
Since inception 78.3% 57.8%
Compound annual return 11.1% 8.6%
Important Information: Calculations are based on exit prices with distributions reinvested, after ongoing fees and expenses but excluding individual tax. The performance figures were last calculated on 31 August 2018.
Unit Prices and Distributions

The following is a list of the monthly Unit Prices supplied by Link Financial Services since inception of the Fund on 28 February 2013. It also includes the distributions.

Date Entry Exit Distribution (Cents)
31-Aug-18 1.6382 1.6333
31-Jul-18 1.5566 1.5519
30-Jun-18 1.5379 1.5333
31-May-18 1.5236 1.5145
30-Apr-18 1.4871 1.4782
31-Mar-18 1.4481 1.4394
28-Feb-18 1.4656 1.4568
31-Jan-18 1.4667 1.4579
31-Dec-17 1.4390 1.4304
30-Nov-17 1.4345 1.4259
31-Oct-17 1.3797 1.3715
30-Sep-17 1.3145 1.3067
31-Aug-17 1.2942 1.2864
31-Jul-17 1.2736 1.2660
30-Jun-17 1.2821 1.2745 1.8535
31-May-17 1.2707 1.2631
30-Apr-17 1.2813 1.2737
31-Mar-17 1.2640 1.2564
28-Feb-17 1.2460 1.2386
31-Jan-17 1.2164 1.2092
31-Dec-16 1.2291 1.2217
30-Nov-16 1.2429 1.2355
31-Oct-16 1.2191 1.2119
30-Sep-16 1.2566 1.2490
31-Aug-16 1.2695 1.2619
31-Jul-16 1.2635 1.2559
30-Jun-16 1.1914 1.1842
31-May-16 1.2162 1.2090
30-Apr-16 1.1718 1.1648
31-Mar-16 1.1490 1.1422
29-Feb-16 1.1313 1.1245
31-Jan-16 1.1494 1.1426
31-Dec-15 1.1942 1.1870
30-Nov-15 1.1328 1.1260
31-Oct-15 1.0975 1.0909
30-Sep-15 1.0482 1.0420 0.4027
31-Aug-15 1.0455 1.0393
31-Jul-15 1.0904 1.0838
30-Jun-15 1.0410 1.0348
31-May-15 1.1093 1.1027
30-Apr-15 1.0781 1.0717
31-Mar-15 1.0744 1.0680
28-Feb-15 1.0524 1.0462
31-Jan-15 0.9829 0.9771
31-Dec-14 0.9759 0.9701 1.9151
30-Nov-14 0.9755 0.9697
31-Oct-14 0.9971 0.9911
30-Sep-14 0.9861 0.9803 1.1106
31-Aug-14 1.0190 1.0130
31-Jul-14 0.9880 0.9820
30-Jun-14 0.9496 0.9440 0.0849
31-May-14 0.9859 0.9801
30-Apr-14 0.9766 0.9708
31-Mar-14 0.9836 0.9778 1.0145
28-Feb-14 0.9870 0.9810
31-Jan-14 0.9517 0.9461
31-Dec-13 1.0049 0.9989 0.2763
30-Nov-13 0.9828 0.9770
31-Oct-13 1.0327 1.0265
30-Sep-13 1.0405 1.0343 1.7692
31-Aug-13 1.0223 1.0161
31-Jul-13 0.9910 0.9850
30-Jun-13 0.9621 0.9563 0.3957
31-May-13 0.9614 0.9556
30-Apr-13 1.0088 1.0028
31-Mar-13 1.0014 0.9954
28-Feb-13 1.0030 0.9970