Contango Income Generator Limited (ASX:CIE)

Overview
Objectives

Overview

Contango Income Generator Limited (ASX:CIE) is an income-focused, ex-top 20 listed investment company.

CIE’s stated objective is to pay quarterly dividends that provide investors with an attractive and sustainable income stream that is franked to the maximum possible extent. To the extent that the company is not able to pay a dividend, it undertakes to return an appropriate amount of capital to shareholders via an on-market buyback.

CIE’s investment manager focuses on selecting those companies that provide a consistent and growing source of dividends. CIE is characterised by a strong and diverse portfolio of companies outside of the ASX top-20 that exhibit sustainable cashflows and strong business models.

Highly franked yield
Tax-effective income
Expert investment management
ASX trading and CHESS statements
Diversified income
Income paid quarterly

Objectives

The performance of objective of the portfolio is:

to provide Shareholders with a sustainable income stream of dividends with some capital growth over time; and
to provide investors with diversification from the top 20 securities of the S&P/ASX 300 Index by market capitalisation.

More Information

Key Fund Info

Key Fund Facts

ASX Code	CIE
Dividend Policy	To generate sustainable dividend income while maximising franking where possible
Target franking	100%
Dividend Frequency	Quarterly
Dividend Yield (net)*	4.86%
Dividend Yield (gross)*	6.68%
Management fee	0.95%

*Dividend Yield is calculated as the last four quarterly dividends attributable to the 12 months to 31 July 2020 relative to the closing share price of $0.82 at the beginning of the period

Announcements

Date	Description	Document
16/07/2021	Update – Notification of buy-back – CIE	View
16/07/2021	Notification of cessation of securities – CIE	View
15/07/2021	Update – Notification of buy-back – CIE	View
14/07/2021	Final NTA 30 June 2021	View
14/07/2021	Results of Meeting	View
14/07/2021	Chairman’s Address to Shareholders	View
14/07/2021	Estimated NTA 30 June 2021	View
09/07/2021	Company Secretary Appointment/Resignation	View
25/06/2021	Notification of buy-back – CIE	View
15/06/2021	Notice of Extraordinary General Meeting/Proxy Form	View
11/06/2021	Monthly NTA 31 May 2021	View
19/05/2021	Shareholder Update	View
14/05/2021	Monthly NTA 30 April 2021	View
15/04/2021	Monthly NTA 31 March 2021	View
19/03/2021	Revised Monthly NTA 28 February 2021	View
12/03/2021	Monthly NTA 28 February 2021	View
19/02/2021	Appendix 4D and 2021 Half Year Results	View
19/02/2021	Mid month NTA – 15 February 2021	View
12/02/2021	Monthly NTA 31 January 2021	View
22/01/2021	Mid month NTA – 15 January 2021	View

Why Invest

High Yield

CIE’s dividend policy is to pay quarterly dividends that provide investors with an attractive and sustainable income stream that is franked to the maximum possible extent.

Diversification

The Company offers exposure to high yielding equities that are outside of the ASX top-20. This helps diversify away from holdings that are over-represented in many self-directed investors’ portfolios such as the Banks, Telstra and BHP.

Quarterly Income

Dividends are paid to investors quarterly, rather than half-yearly or annually.

Tax Effective

The Company is tax aware and aims to frank dividends to the maximum possible extent.

Key Personnel

Associate Global Partners Limited (ASX:CGA) is the manager of Contango Income Generator Limited (ASX:CIE). The Contango Income Generator invests in a portfolio of predominantly mid-cap Australian companies with a history of sustained dividend payments and modest capital growth. The portfolio is managed by Shawn Burns who has been the manager since inception.

The investment team conducts detailed research on each company in the portfolio with emphasis placed on balance sheet strength, cashflow generation, industry structure and management ability. Following this analysis, stocks are ranked based on risk and return. Risk is assessed using factors such as share price volatility, balance sheet strength, industry structure and management’s track record. Yield, franking, price to earnings and price to book ratios are some of the inputs considered for a stock’s potential return.

Investment Team
Board of Directors

How To Invest

Contango Income Generator trades on the ASX under the ticker code ‘CIE’, so you can invest via your stock broker in the same way you would purchase any ordinary shares.

With a Full Service Broker

If you don’t have an existing Full Service Stockbroker relationship, visit the ASX website

With an Online Broker

Purchase shares directly through your online broker with the ticker code CIE

Through Your Financial Advisor

Contact your financial adviser to invest.

Not Sure?

If you have any questions, please contact us on
1300 001 750 or email invest@contango.com.au

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