Hagerty. “Rising Interest Rates Collector Cars. ” John Wiley. August 2022.

V E H I C L E P E R F O R M A N C E

CTi valuations are based on the mid-point of the third-party assessment valuation range.

33.8%

21.0%

2.3%10.7% YOY NET RETURNS1,2,4

HAGERTY HAGI TOP INDEX MACH 1 FUND VEHICLE RETURNS 7.8%

GOLD (2.7%)

FTSE100 (11.7%)

ASX / S&P 200 (16.8%)

NASDAQ

(49.9%) BTC-AUD

Note: while the Fund's results are reported net of fees (including performance fees), the comparative indices do not adjust for fees or holding costs, they are listed on a gross basis.

CARS CONTINUE TO BE PERFORMANCE DRIVEN

GROSS VEHICLE RETURNS BY CLASS

1,16

CLASS

Mk-I Mk-II Mk-III Mk-IV

LAUNCH

8% 26% 25% 16%

YOY

3% 11% 17% 15%

QOQ

2% 2% 4% 3%

The Mach 1 Fund, Hagerty and HAGI are all outperforming gold and traditional markets, QOQ and YOY alike. Note: HAGI and Hagerty returns do not report costs (e.g. storage, maintenance, etc).

Not surprisingly gold, with its hedging nature, was the only other comparative index aside from cars to generated YOY and QOQ growth. But cars continue to outperform gold while providing a better risk/reward profile. What may surprise investors is how varied the results of the different car indices can be. Whilst HAGI, Hagerty and the Mach 1 Fund all posted double digit YOY growth, there is a +1,000 basis point difference between them. The extent of the variance between their results is explained by each one representing a different part of the collector market. 1,2,4 Hagerty is based on US results, where inflation and stock market reactions have been much more severe than in Australia. Hagerty also tracks the results of vehicles across every marque, model, and price