Argo Investments Ltd
Investing in Adelaide

Argo is internally managed and no fees are charged to shareholders or paid to an external fund manager. The costs of managing the Company are deducted from revenue to provide the profit from which dividends can be paid to Argo shareholders. Ltd, a Melbourne based investment company 1958 placements of 50,00 shares to London investors at 1.25 per share 1959 Shareholders’ Equity (assets recorded at market value) exceeded 2 million for beginning time 1960 Argo sponsored the floating of Bounty Investments Limited, an Adelaide based listed investment company having the equivalent management as Argo. AGLI offers investors the opportunity to invest in an ASL listed investment company that manages a portfolio of listed securities in the global infrastructure sector. Argo shares present investors a professionally managed, diversified and easily traded exposure to the Australian share market, without the need to pay fees to an investment manager. Argo shares present exposure to a portfolio of around 100 Australian companies and trusts via a single shareholding. This allows Argo shareholders to accomplish diversification across the share market without the need to maintain and monitor a portfolio of different holdings. The costs of managing the portfolio and administering the Company are borne internally and in the end financial year equated to 0.17 of ordinary prosperity lower management, a figure well lower most other actively managed investment products. These plans permit you to amplify your Argo holding by dealing directly with the Company, rather than through the share market, thereby saving brokerage charges. Argo pays dividends to its shareholders out of the benefit it makes from harvesting’ the dividends and distributions received from the companies and trusts held in its investment portfolio. Argo has paid dividends every year since its inception in 1946, with the quantum of dividends prejudiced by fluctuations in the dividends and distributions generated by the portfolio. As a listed investment company, Argo’s portfolio is separated from the activity of buyers and sellers of Argo shares as they trade with one another on the share market. As a public company, Argo’s operations are overseen by the Board of Directors on behalf of all shareholders. The Board currently comprises six non executive Directors and the Managing Director. Geoffrey Ian Martin has been an independent, non executive director of Argo Investments Limited for the past 11 years and has been Chairman of the board since 2012. He has over 30 years of experience in economics, investment management, superannuation, investment banking and financial services, including roles in many facets of the Australian and international financial sectors. He has over 17 years’ experience in the investment industry, including 15 years with Argo. His extensive executive career includes over 30 years’ experience in banking and investment banking in Australia, Japan and the U.S. Russell is an experienced company director who has worked at very senior levels of both government and private sectors. Andrew joined Argo as an accountant in 1993 and was appointed Chief Financial Officer in 2010. He has over 30 years’ experience in financial and investment accounting and has extensive experience in the management and application of the Hiportfolio investment and fund accounting software application. Earlier to joining the Company, Andy was a founding partner and portfolio manager at boutique fund manager, Can nae Capital. The Board delegates some of its functions to Board Committees, which are accountable to the Board. The Committee provides assistance to the Board of Directors in fulfilling its responsibilities in relation to Argo’s financial reporting, inside regulate structure, risk management systems and the outer audit functions. The Committee reviews and advises the Board on remuneration arrangements for the non executive Directors, the Managing Director and the senior executives.

Ltd, a Melbourne based investment company 1958 placements of 50,00 shares to London investors at 1.25 per share 1959 Shareholders’ Equity (assets recorded at market value) exceeded 2 million for beginning time 1960 Argo sponsored the floating of Bounty Investments Limited, an Adelaide based listed investment company having the same management as Argo. Shareholders’ Equity (assets recorded at market value) exceeded 10 million for the beginning time. Net operating earnings exceeded 2 million for the beginning time. Shareholders’ Equity (assets recorded at market value) exceeded 100 million for the first time.