WAM Capital Limited (ASX: WAM) announced its FY2018 interim results to the market this morning. Highlights from the announcement include:

  • Record interim profit before tax of $119.4 million (+49.8% on 2016)
  • 10.4% investment portfolio performance, outperforming the index
  • 9.1% increase in the pre-tax NTA for the six months to 31 December 2017
  • 7.75 cents per share fully franked interim dividend.

The announcement provides details of the strong investment portfolio performance during the period and includes our equity market outlook.