General discussion, page-1060

This was also at the bottom of their March newsletter

“It is important to note that we are not stock traders, we have only exited 12 investments in over 4 years. Perhaps not surprising, considering our deep value investment style, almost half of our exits are from takeover offers at meaningful premiums to last trading prices….”


Also on their webpage
“Since inception, the Wentworth Williamson Fund has increased by 53% compared to an increase of 33% for the S&P/ASX 300 Accumulation Index (AI).”

I note that the fund (or inception) began in 2013.

It may also be handy getting a top 20 shareholder listing in a month’s time to see if they are still buying.

I’ll also try and remember to read their June newsletter when it is released in case there is any mention of AJX as it will be interesting reading any commentary.