2025-10-30
The Australian Securities and Investments Commission has commenced a preliminary investigation into Clime Asset Management Pty Limited regarding the Clime Australian Income Fund. The inquiry focuses on whether the fund's target market determination and product disclosure statement comply with the law and if any investment breaches have occurred. ASIC clarifies that Clime Capital Limited and Clime Investment Management Limited are not subjects of this investigation and emphasizes that the confirmation of an investigation does not imply a legal contravention.