CLW 1.00% $3.95 charter hall long wale reit

Ann: CLW 2024 Half Year Results, page-9

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  1. 388 Posts.
    lightbulb Created with Sketch. 98
    Not sure what you see in UMAX - 98% of its holding is IVV (regular S&P500 ETF).
    Instead of paying IVV 0.04% you pay 0.79% in management fees!

    So you get 100% correlation to US equity but with a hand brake on performance

    https://hotcopper.com.au/data/attachments/5946/5946565-5d96a8e5eb7ec9be9c9ca6d2b42e51a8.jpg

    I used to own PCI and QRI but sold when trading close to NTA. QRI still offers 8+% yield.



    CLW is now a desperate seller (market knows it needs to sell to potentially avoid breaching covenants) in a buyer's market.
    We are likely to see more industrials assets with solid tenants (like Australia Post and Coates) being divested rather than B grade offices.
 
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