I worked out that you can roughly add 10c a share to WIC. BUT the rub is that you need to take WAM shares in lieu. The added benefit is the relatively huge fully franked dividend from WAM shortly after the conversion. I still think that there’s a place for a well run (read WIC) resources ( mining and mining contractors etc) fund, which has significantly outperformed WAM ! I will miss having that exposure as WIC is one of my largest holdings! Provided a very handy and reliable fully franked divvy too !
I worked out that you can roughly add 10c a share to WIC. BUT...
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