AMCIL LIMITED — Net Asset Value 2021

Sep 2, 2021

3 September 2021

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Monthly net tangible asset (NTA) backing per share and top 20 investments as at 31 August 2021

Monthly net tangible asset (NTA) backing per share and top 20 investments as at 31 August 2021
Before Tax*	After Tax*
31 August 2021Ex Div $1.36	$1.17
31 July2021Cum Div $1.33	$1.16

The August 2021 figures are after the payment of the final dividend of 4.5 cents per share while the July figures are before the provision of the dividend.

• The before and after tax numbers relate to the provision for deferred tax on the unrealised gains in the Company’s investment portfolio. The Company is a long-term investor and does not intend disposing of its total long term investment portfolio. Under current Accounting Standards, the Company is required to provide for tax on any gains that may arise on such a theoretical disposal, after the utilisation of any brought forward losses.

Key facts

Investment objectives: AMCIL is a medium to long-term investor in the Australian equity market. Its investment approach is to construct a focused portfolio in which large and small companies can have an equally important impact on investment returns.

Benchmark: S&P/ASX 200 Accumulation Index.

Size of portfolio: $415.1 million at 31 August 2021.

Management cost: 0.56 per cent, no performance fees. Investment style: Active, fundamental, bottom-up.

Suggested investment period: Five years to 10 years or longer.

Key benefits

Diversified portfolio primarily of ASX-listed Australian equities.

Tax-effective income via fully franked dividends.

Consistent after tax paid investment returns achieved over the long term.

Professional management and an experienced Board, investment and management team.

Low-cost investing.

Ease of investing, transparent ASX pricing.

Shareholder meetings on a regular basis.

Net asset backing: released every month with top 20 investments.

Listed on ASX: code AMH.

Portfolio performance percentage per annum-periods ending 31 August 2021*

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1 year 3 years 5 years 10 years
Net asset per share growth plus S&P/ASX 200 Accumulation
dividends, including franking Index including franking
35.1%
29.5%
17.5%
11.3% 14.2% 12.4% 13.9% 11.9%
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• Assumes an investor can take full advantage of the franking credits. AMCIL’s portfolio return is also calculated after management fees, income tax and capital gains tax on realised sales of investments. It should be noted that Index returns for the market do not include management expenses or tax.

Past performance is not indicative of future performance.

Share price premium/discount to NTA

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10%
5%
0%
-5%
-10%
Aug 16 Aug 17 Aug 18 Aug 19 Aug 20 Aug 21
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Release authorised by Matthew Rowe, Company Secretary AMCIL Limited (AMCIL) – ABN 57 073 990 735 Level 21, 101 Collins Street, Melbourne Victoria 3000 Share Registrar (03) 9650 9911 | invest@amcil.com.au | amcil.com.au Computershare Investor Services Pty Ltd investorcentre.com.au

1300 653 916 (in Australia) +61 3 9415 4373 (outside Australia)

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Portfolio facts

Top 20 investments valued at closing prices at 31 August 2021

		Total Value	% of the
		$m	Portfolio
1	CSL	33.6	8.3
2	Mainfreight	30.8	7.6
3	Wesfarmers	21.3	5.2
4	BHP Group*	21.0	5.2
5	Macquarie Group	17.8	4.4
6	Macquarie Telecom Group	17.8	4.4
7	IRESS	17.2	4.3
8	ARB Corporation	16.1	4.0
9	Woolworths Group	15.8	3.9
10	Transurban Group	15.3	3.8
11	National Australia Bank	14.6	3.6
12	Goodman Group	14.0	3.5
13	James Hardie Industries	13.1	3.2
14	SydneyAirport	11.7	2.9
15	Carsales.com*	11.3	2.8
16	ResMed	10.5	2.6
17	ASX	9.9	2.4
18	FINEOS Corporation Holdings	9.9	2.4
19	Temple & Webster Group	9.1	2.2
20	RamsayHealth Care	8.1	2.0
Total		318.8
As a	percentage of total portfolio value (excludes cash)		78.6%

Investment by sector at 31 August 2021

Industrials 16.7% Healthcare 16.3% Consumer Discretionary 12.9% Information Technology 11.6% Other Financials 8.6% Communication Services 8.3% Materials 8.2% Banks 5.4% Real Estate 4.8% Consumer Staples 3.8% Cash 2.3% Energy 1.1%

• Indicates that options were outstanding against part of the holding.

Important Information

This information has been prepared by AMCIL Limited (AMCIL) (ABN 57 073 990 735) and is provided by Australian Investment Company Services Limited, holder of Australian Financial Services Licence 303209 (Provider). To the extent that this information includes any financial product advice, the advice is of a general nature only and does not take into account any individual’s objectives, financial situation or particular needs. Before making an investment decision an individual should assess whether it meets their own needs and consult an appropriately licensed financial adviser. The information contained in these materials have been prepared in good faith. However, no warranty (express or implied) is made as to the accuracy, completeness or reliability of any statements, estimates or opinions or other information contained in these materials (any of which may change without notice) and to the maximum extent permitted by law, the Disclosers disclaim all liability and responsibility (including, without limitation, any liability arising from fault or negligence on the part of any or all of the Disclosers) for any direct or indirect loss or damage which may be suffered by any recipient through relying on anything contained in or omitted from these materials. A copy of the relevant Financial Services Guide can be found on AMCIL’s website: www.amcil.com.au

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