PPS 5.75% 46.0¢ praemium limited

Sector Peer Comparison, page-2

  1. 1,866 Posts.
    lightbulb Created with Sketch. 467
    Thanks @thebigbadbear great comparison, easy to understand!

    i had one question the cannacord valuation says this regarding FUA;

    lScale: The combination of PPS and PWL represents total FUA of A$17.4bn (PPS A $8.9bn; PWL A$8.5bn) as at FY20. Total reported FUA increases to A$28.8bn when incorporating A$11bn in FUA held within PPS's non-custodial VMAAS offering, for which portfolio administration fees are derived and not asset-based fees.

    Is there a reason for the difference? Genuine question. I am no expert and just trying to understand.

    cheers and GLTAH

    Last edited by kansaskiwi: 20/10/20
 
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