Key Client ructions, page-4

Shareholders in CGA should read page 9 of CIE's Ann Report released on Friday

Your MD seems to have forgotten 2 things in his hurry to tell the world how bright life is in CGA land --
1) HE announced on 25th September to ASX that FUM had taken an almost 20% dive since 30 June -- yet his "cheery" advertorial to CIE shareholders released on 13th October concentrated on the growth to June 30!
2) CGA was "not immune " from "a remarkably volatile Year for equity markets". For CTN shareholders that meant a disastrous return of MINUS 6% when the XSO target was POSITIVE 7%, and top quartile Micro managers earned 12%+.