Listed: September 2014

Gross Assets

$531.4m

Equity exposure

Live share price

$1.120

Pre-tax net tangible assets

$1.30

Fully franked annualised interim dividend

6.5c

Fully franked dividend yield

5.8%

Investment Portfolio Performance (% p.a. since Sep 2014)

8.7%

Investment Portfolio Outperformance (% p.a. since Sep 2014)

1.0%

Board of Directors

Fully franked dividends

Our LICs have a proven track record of providing shareholders with a stream of fully franked dividends.

Diversification

Our LICs offer investors exposure to different market sectors and asset classes through their various underlying investments.

Experienced team

The investment team is comprised of 19 professionals who offer a combined experience of more than 200 years in Australian and international equity markets as well as in alternative assets.

Superior structures

The LIC structure allows us to invest for the long term, without being subject to the impact of applications and redemptions. LICs also adhere to strict corporate governance requirements and act in the best interest of shareholders.

Strong performance

We offer a strong track record of performance based on our rigorous investment process.

Risk-adjusted returns

Our flexible investment mandate allows above-average cash holdings and strong, risk-adjusted returns.

Full market access

We hold over 4,000 company meetings each year, and our knowledge of the market and extensive network continually provides valuable intelligence and investment opportunities.

Transparency & engagement

We provide email updates from our Lead Portfolio Managers and investment team, Chairman and CIO, timely market insights in the form of podcasts, articles and videos, in-person presentations, investor education materials and financial reporting.

LIC News

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