Australia's largest stock trading and investment forum Australia's #1 stock forum

FOR

Click for more information

0.00%

$1.52 forager australian shares fund

I have this problem with PIC. They have gone into gaming and...

First 7 Last

Share
Profile

Follow
druffy

88 Posts.

18

19/07/21

12:56

Post #: 54601381
Share

Originally posted by goodie: ↑

Dissappointed to see that forager have invested in playboy in the international fund. Everyone has their own perspective when it comes to ethics, and what passes muster and what doesn't. However I have no desire to be a part owner in a porn company so my wife and I will be selling out and copping the extra tax loss. We have been in since the beginning and it has been a great perfomer over the years, recently in particular. It's a shame but it is what it is.

Which leads to the next question. Any recommendations for international exposure from a similar fund such as this? It doesn't have to be listed, and it doesn't have to be an 'ethical' fund as such. We will be looking for somewhere to put our money long term.

Expand

I have this problem with PIC. They have gone into gaming and gambling stocks locally and globally to an extent that they are now top holdings. They are also into quite a few mining and resource companies. I have come to accept it as part of a balanced portfolio and that they invest professionally in things I probably would not ordinarily look at.

I also hold PIA which applies an ethical screen to their global holdings. I am very happy with what they hold.

I wouldn’t consider Playboy as anything more than a brand/marketing company these days.

FOR Price at posting: $1.68 Sentiment: Buy Disclosure: Held
Upvote

0 Great analysis

Reply

First 7 Last

Add FOR (ASX) to my watchlist