Kalkine AIM Equities Portfolio Performance Methodology

• Recommendations under Kalkine's AIM Equities Portfolio (Hypothetical), started from year 2020-2021 (for instance period from February 3, 2020, till January 29, 2021), have been used for the calculations purpose.
• The Alternative Investment Market (AIM) was launched on June 19, 1995, and replaced its predecessor, the Unlisted Securities Market (USM). Since 1995, over 4,000 companies have raised more than £130 billion on AIM. The FTSE AIM All-Share index includes around 700 Companies or more.
• Investing in AIM listed shares can offer higher returns and clients with high- risk appetite usually invest in such stocks. These shares offer unprecedented growth opportunities as small companies may turn into multi-bagger once their business model is proven/operational or product development & monetisation is attained in due course.
• Our Portfolio is hypothetical, and our performance figures are based on recommendations from Kalkine AIM Equities Report using stock prices at the date of publication.
• It is also prudent to note that performance of stocks included in Kalkine AIM Equities Portfolio (Hypothetical) has been calculated based on their price values during the specific time period in order to give ‘as-on-date’ performance picture. 
• Where a stock has been recommended multiple times, the average price is taken into consideration. We might need to provide update on a stock several times during a year or for the length of coverage and for that reason the average BUY price is taken into consideration. 
• Performance figures quoted do not take into account transaction fees and charges. The profits or losses are hypothetical and include dividends or distribution for the length of the coverage until the recommendation is designated as closed. 
• All investors are advised to conduct their own independent research into individual stocks recommended by Kalkine before making a purchase decision. In addition, investors are advised that past stock performance is no guarantee of future price appreciation. 
• We encourage you to think of investing as a long-term pursuit. 

Note: For any benchmark index return, proportional dividend yields have been taken onto account as per the information available.