Full Year Results

30 June 2016

Phil Vernon | Managing Director

31 August 2016

Results

Highlights

Strong Growth

  • Strong growth in Superannuation clients (24%)

  • Net flows (78%)

  • Funds under Management (33%)

Strong investment performance

  • Regular top quartile performance for a number of funds over many time periods

  • Australian Shares Fund ranked 1st in Mercer survey over 10 years

    Improved fee competitiveness

    • Strong growth offsets continued fee reductions

    • Strategy to be at 75th percentile of MySuper peer group by

2020

Strong digital community,

highly engaged clients

  • Nearly 100,000 social media followers

  • Leading industry net promoter scores

    Provision for remediation

  • Provision of $900k created for remediation flowing from unit pricing administration error

    Increased dividend

    • Dividend growth of 50% for full year

Financial results

Key Financials (A$000s)

FY2016

FY2015

Change (YoY)

Revenue

23,039

21,171

8.8%

Expenses

(20,029)

(19,201)

(4.3%)

Net Profit After Tax

3,010

1,970

53%

Property impairment

181

484

63%

Provision for remediation

900

0

n/a

Tax adjustment

(270)

0

n/a

Underlying Profit After Tax

3,821

2,454

67%

Earnings per share1

282c

190c

48%

Dividend

300c

200c

50%

Share price

$81.11

$58.80

38%

Total shareholder return (%)

43%

72%

-

Return on equity (3 year average) (%)

27%

23%

-

Earnings per share growth (3 yr average) (%)

36%

89%

-

1 Diluted EPS

Australian Ethical Investment Limited published this content on 31 August 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 30 August 2016 22:33:02 UTC.

Original documenthttps://www.australianethical.com.au/wp-content/uploads/2015/05/AEF-Shareholder-Presentation-31-Agusut-2016.pdf

Public permalinkhttp://www.publicnow.com/view/3274FD2AFB87C0D5A2500CA416CAD8A2FE475AD1