31 July 2024
Listed: June 2018
WAM Global provides investors with exposure to an actively managed diversified portfolio of undervalued international growth companies and exposure to market mispricing opportunities. WAM Global’s investment objectives are to deliver investors a stream of franked dividends, provide capital growth over the medium-to-long term and preserve capital.
NTA before tax
$2.50
Fully franked full year dividend
12.0cps
Fully franked dividend yield
5.4%
Grossed-up dividend yield
7.7%
Dividend coverage
6.2 years
Fully franked dividends paid since inception
47.5cps
Assets
$906.3m
Investment portfolio performance (% p.a. since June 2018)
9.6%
Investment portfolio performance is before expenses, fees, taxes and the impact of capital management initiatives to compare to the relevant indexes which are before expenses, fees and taxes.
Our proven investment process
Identifying undervalued international growth companies with a catalyst.
Takes advantage of mispricing opportunities in the global market.
Catalyst: a major event that alters the market’s perception of a company or its earnings momentum which will lead to a rerating of the investee company’s share price.
Board of Directors
Geoff Wilson has more than 44 years’ direct experience in investment markets having held a variety of senior investment roles in Australia, the UK and the US. Geoff founded Wilson Asset Management in 1997, which today, comprises of 19 investment professionals who offer a combined investment experience of more than 200 years. Wilson Asset Management manages over $5 billion on behalf of more than 130,000 investors as the investment manager for eight listed investment companies and the Wilson Asset Management Leaders Trust. Geoff is currently Chairman of WAM Capital Limited, WAM Leaders Limited, WAM Global Limited, WAM Microcap Limited, WAM Research Limited, WAM Active Limited and WAM Strategic Value Limited. He is the founder and Director of Future Generation Australia Limited and Future Generation Global Limited, and Director of WAM Alternative Assets Limited. In 2014 Geoff created Australia’s first listed philanthropic wealth creation vehicles, Future Generation Australia, and subsequently Future Generation Global in 2015. To date, the Future Generation companies have donated more than $75 million to Australian not-for-profits. Geoff holds a Bachelor of Science, a Graduate Management Qualification and is a Fellow of the Financial Services Institute of Australia and the Australian Institute of Company Directors (AICD). In addition to Geoff’s Directorships with the Wilson Asset Management Group and the Future Generation companies, he also holds Directorships with Global Value Fund Limited (since 2014), Hearts and Minds Investments Limited (since 2018), Sporting Chance Cancer Foundation (since 1997) and the Australian Rugby Foundation (2024).
Gabrielle Trainor is an experienced non-executive director and advisor with over 30 years on public and private boards. Gabrielle’s executive career has spanned law, journalism, government and consultancy. Gabrielle is Interim Chair of Infrastructure Australia, a director of Built Group Limited, and co-chair of BuildSkills Australia. Gabrielle has a Bachelor of Laws, Master of Arts and is a Fellow of the Australian Institute of Company Directors (FAICD) and was named an Officer of the Order of Australia in 2017.
Kate Thorley has over 20 years’ experience in the funds management industry and more than 25 years of financial accounting and corporate governance experience. Kate is the Chief Executive Officer of Wilson Asset Management, Director of WAM Capital, WAM Leaders, WAM Global, WAM Research, WAM Active, WAM Microcap and WAM Strategic Value. Kate is a Director of Future Generation Australia and Future Generation Global. Kate is a graduate member of the Australian Institute of Company Directors and is a Chartered Accountant.
Caesar Bryan is an international fund manager with 43 years’ investment experience gained primarily with Gabelli Funds, which manages more than USD31 billion. Caesar manages the GAMCO International Growth Fund and Gabelli Gold Fund. He is also a member of the global investment team which is responsible for the GAMCO Global Growth Fund and the Gabelli International Small Cap Fund. In addition, he is on the management team of the GAMCO Global Gold and Natural Resources & Income Trust and GAMCO Natural Resources, Gold & Income. He has been with GAMCO Investors, Inc. since 1994. Prior to joining GAMCO, Caesar was a portfolio manager at Lexington Management for seven years managing international and precious metals equity portfolios. Caesar began his investment career in 1979 at Samuel Montagu Company Ltd., the London based merchant bank. While at Samuel Montagu he spent two years at Aetna Life and Casualty in Hartford, Connecticut assisting in the management of their global equity fund. Caesar is a graduate of the University of Southampton, England and is a member of the English Bar.
Linda has over 19 years’ experience in financial accounting including more than 15 years in the funds management industry. As the Finance Manager of Wilson Asset Management (International) Pty Limited, Linda oversees finance and accounting and is also the Joint Company Secretary for six listed investment companies, WAM Capital Limited, WAM Leaders Limited, WAM Global Limited, WAM Microcap Limited, WAM Research Limited and WAM Active Limited. Linda holds a Bachelor of Commerce and is a fully qualified CPA. She is a certified member of the Governance Institute of Australia. Linda was appointed Company Secretary of WAM Global Limited in February 2018.
Jesse is a Chartered Accountant with more than 16 years’ experience working in advisory and assurance services, specialising in funds management. As the Chief Financial Officer, Jesse oversees all finance and accounting of Wilson Asset Management (International) Pty limited. Jesse is Company Secretary for WAM Alternative Assets Limited and WAM Strategic Value Limited and Joint Company Secretary for WAM Capital Limited, WAM Leaders Limited, WAM Global Limited, WAM Microcap Limited, WAM Research Limited and WAM Active Limited, in addition to Future Generation Australia Limited and Future Generation Global Limited. Prior to joining Wilson Asset Management, Jesse worked as Chief Financial Officer of an ASX listed company, and also as an advisor specialising in assurance services, valuations, mergers and acquisitions, financial due diligence and capital raising activities for listed investment companies. Jesse was appointed Joint Company Secretary of WAM Global Limited in November 2020.
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.
Type
- Annual report
- Anti-bribery and corruption policy
- Appointment of Wilson Asset Management as Investment Manager
- Chairman's address
- Corporate governance charter
- Corporate governance statement
- Dividend reinvestment plan
- Entitlement offer booklet
- Entitlement offer fact sheet
- Fact sheet
- Financial report
- Independent research report
- Interim financial report
- Key dates
- Media release
- Modern slavery statement
- Monthly investment update
- Notice of meeting
- Option prospectus
- Presentation
- Prospectus
- Share purchase plan
- Share purchase plan announcement
- Share purchase plan booklet
- Term sheet
- Whistleblower policy
- Withdrawal form
Item
- WAM Global Monthly Investment Update July 2024pdf
- WAM Global Monthly Investment Update June 2024pdf
- WAM Global Monday 3 June ASX announcementpdf
- WAM Global Monthly Investment Update May 2024pdf
- FY2024 Key Datespdf
- WAM Global FY2024 Half Year Resultpdf
- WAM Global Monthly Investment Update April 2024pdf
- WAM Global Monthly Investment Update March 2024pdf
- WAM Global Monthly Investment Update February 2024pdf
- WAM Global Monday 4 March ASX announcementpdf
- WAM Global FY2024 Interim Financial Reportpdf
- WAM Global Monthly Investment Update January 2024pdf
- WAM Global Whistleblower Policy 2023pdf
- WAM Global FY2024 Half Year Resultpdf
- WAM Global Monthly Investment Update December 2023pdf
- WAM Global Modern Slavery Statement 2023pdf
- WAM Global Monthly Investment Update November 2023pdf
- WAM Global Monthly Investment Update October 2023pdf
- WAM Global Chairman’s Address 2023pdf
- WAM Global Monthly Investment Update September 2023pdf
- WAM Global Notice of Meeting 2023pdf
- FY2023 Key Datespdf
- WAM Global Monthly Investment Update August 2023pdf
- WAM Global Corporate Governance Statement 2023pdf
- WAM Global Corporate Governance Charter 2023pdf
- WAM Global FY2023 Annual Reportpdf
- WAM Global FY2023 Full Year Resultpdf
- WAM Global Monthly Investment Update July 2023pdf
- WAM Global Monthly Investment Update June 2023pdf
- WAM Global Monthly Investment Update May 2023pdf
- WAM Global Monthly Investment Update April 2023pdf
- WAM Global Monthly Investment Update March 2023pdf
- FY2023 Key Datespdf
- WAM Global Monthly Investment Update February 2023pdf
- WAM Global FY2023 Interim Financial Reportpdf
- WAM Global Corporate Governance Statement 2022pdf
- WAM Global FY2023 Half Year Resultpdf
- WAM Global Monthly Investment Update January 2023pdf
- WAM Global Monthly Investment Update December 2022pdf
- WAM Global Monthly Investment Update November 2022pdf
- WAM Global Monthly Investment Update October 2022pdf
- WAM Global addendum to Notice of Meeting 2022pdf
- WAM Global Notice of Meeting 2022pdf
- WAM Global Monthly Investment Update September 2022pdf
- FY2022 Key Datespdf
- WAM Global Monthly Investment Update August 2022pdf
- WAM Global FY2022 Annual Reportpdf
- WAM Global FY2022 Full Year Resultpdf
- WAM Global Corporate Governance Charter 2022pdf
- WAM Global Monthly Investment Update July 2022pdf
- WAM Global Monthly Investment Update June 2022pdf
- WAM Global Monthly Investment Update May 2022pdf
- WAM Global Chairman’s Address 2022pdf
- WAM Global Monthly Investment Update April 2022pdf
- WAM Global Monthly Investment Update March 2022pdf
- FY2022 Key Datespdf
- WAM Global Monthly Investment Update February 2022pdf
- WAM Global FY2022 Interim Financial Reportpdf
- WAM Global Monthly Investment Update January 2022pdf
- WAM Global FY2022 Half Year Resultpdf
- WAM Global Monthly Investment Update December 2021pdf
- WAM Global Whistleblower Policy 2022pdf
- WAM Global Modern Slavery Statement 2021pdf
- WAM Global Monthly Investment Update November 2021pdf
- WAM Global Monthly Investment Update October 2021pdf
- WAM Global September 2021 Quarterly Reportpdf
- WAM Global Notice of Meeting 2021pdf
- WAM Global Monthly Investment Update September 2021pdf
- WAM Global Monthly Investment Update August 2021pdf
- FY2021 Key datespdf
- WAM Global Corporate Governance Charter 2021pdf
- WAM Global Corporate Governance Statement 2021pdf
- WAM Global FY2021 Annual Reportpdf
- WAM Global FY2021 Full Year Resultpdf
- WAM Global Monthly Investment Update July 2021pdf
- WAM Global FY2021 resultspdf
- WAM Global investment portfolio outperformance and NTA updatepdf
- WAM Global Monthly Investment Update June 2021pdf
- WAM Global and Templeton Global Growth Fund set to mergepdf
- WAM Global Investment Update May 2021pdf
- WAM Global Quarterly Planner Report March 2021pdf
- WAM Global Monthly Investment Update April 2021pdf
- WAM Global Corporate Governance Statement 2020pdf
- WAM Global Monthly Investment Update March 2021pdf
- WAM Global Modern Slavery Statement 2020pdf
- WAM Global Monthly Investment Update February 2021pdf
- WAM Global FY2021 Half Year Resultpdf
- WAM Global Option Prospectuspdf
- WAM Global FY2021 Interim Resultspdf
- December 2020 WAM Global 2020 Quarterly Planner Reportpdf
- WAM Global FY2021 Interim Financial Reportpdf
- WAM Global Monthly Investment Update January 2021pdf
- WAM Global outperformance drives increased fully franked interim dividend and profitpdf
- WAM Global Anti-Bribery and Corruption Policypdf
- WAM Global Chairman’s Address 2021pdf
- WAM Global Monthly Investment Update December 2020pdf
- Bell Potter LIC research weekly reportpdf
- WAM Global FY2021 interim dividend guidancepdf
- WAM Global Monthly Investment Update November 2020pdf
- WAM Global Chairman’s Address 2020pdf
- WAM Global Monthly Investment Update October 2020pdf
- WAM Global Notice of Meeting 2020pdf
- WAM Global Monthly Investment Update September 2020pdf
- WAM Global Monthly Investment Update August 2020pdf
- FY2021 Key Datespdf
- WAM Global FY2020 Annual Reportpdf
- WAM Global FY2020 Full Year Resultpdf
- WAM Global Monthly Investment Update July 2020pdf
- 100% increase in fully franked final dividendpdf
- WAM Global Investment Update June 2020pdf
- WAM Global Investment Update May 2020pdf
- WAM Global Investment Update April 2020pdf
- WAM Global Investment Update March 2020pdf
- FY2020 Key Datespdf
- WAM Global DRP rulespdf
- WAM Global Investment Update February 2020pdf
- WAM Global FY2020 Interim Financial Reportpdf
- WAM Global Investment Update January 2020pdf
- WAM Global 2020 Half Year Resultspdf
- WAM Global Investment Update December 2019pdf
- WAM Global Whistleblower Policy 2019pdf
- WAM Global Investment Update November 2019pdf
- WAM Global Investment Update October 2019pdf
- WAM Global Investment Update September 2019pdf
- WAM Global Investment Update August 2019pdf
- WAM Global Corporate Governance Statement 2019pdf
- WAM Global FY2019 Annual Reportpdf
- WAM Global FY2019 Full Year Resultpdf
- FY2019 Key Datespdf
- WAM Global FY209 Full Year Result pre-releasepdf
- WAM Global Investment Update July 2019pdf
- WAM Global Investment Update June 2019pdf
- WAM Global Investment Update May 2019pdf
- WAM Global Chairman’s Address 2019pdf
- WAM Global investment update April 2019pdf
- WAM Global March 2019 Investment Updatepdf
- WAM Global February 2019 Investment Updatepdf
- WAM Global January 2019 Investment Updatepdf
- WAM Global December 2018 Investment Updatepdf
- WAM Global FY2019 Half Year Resultspdf
- WAM Global November 2018 Investment Updatepdf
- WAM Global FY2019 Interim Financial Reportpdf
- WAM Global October 2018 Investment Updatepdf
- WGB September 2018 Investment updatepdf
- IIR September 2018pdf
- June 2018 Investment updatepdf
- IIR WAM Global Pre-IPO Reportpdf
- WAM Global IPO Closes oversubscribedpdf
- WAM Global Prospectuspdf