PERFORMANCE

Performance since inception

Note: Figures reflect returns net of all fees and expenses as if you were invested from the start of April 2010. Figures prior to September 2011 represent the Kentgrove Predecessor Fund which was managed by David Lamm within his role as Portfolio Manager within the Alter Family Office. The Kentgrove Capital Fund is an absolute return fund and we do not measure our performance relative to an ASX index or any other benchmark. However, we have shown the fund’s performance against the ASX Small Ords Accumulation Index as a reference, given that the fund primarily invests in small to mid-cap ASX listed companies. Past performance does not guarantee future performance and future results may vary significantly to the results set out above.

* From inception on 1 April 2010.