WAM 0.34% $1.49 wam capital limited

Surely heaps of us just waiting for the tongue-in-cheek headline...

  1. BH1
    44 Posts.
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    Surely heaps of us just waiting for the tongue-in-cheek headline in the financial review "WAR - what is it good for?" XD

    While it's a WAM fund, it might trade at a discount for a while the way WGB did after its IPO given it'll take a while to build up its proft reserve to pay dividends from. Without having read the prospectus I'd guess the expected growth and risk profiles won't be like with microcaps or just plain equities and more like GVF and Affluence LIC fund. Steady returns, relatively low internal investment risk, the beauty of discount capture and with the possibility to pick it up the discount capturer at a discount to NTA.
 
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