Bell Potter: LIC Weekly Report & Indicative NTA

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WAM Leaders guidance on FY20 interim dividend

WAM Leaders Limited (WLE) announced the intention to provide a fully franked FY20 interim dividend of 3cps. This represents a 13.2% increase over the 2.65cps FY19 interim dividend. The announcement is in line with WLE’s investment objective to deliver investors a rising stream of fully franked dividends, provide capital growth and preserve capital.

Contrarian Value Fund’s Independent Review

As announced on Thursday 21 November, Deloitte has been appointed to assist the Independent Directors of Contrarian Value Fund Limited (CVF) to review a number of strategic options in regard to the LIC.

For full details refer to the detailed report below or click here to download your copy.

William Gormly

About William Gormly

William Gormly is an ETF/LIC Specialist at Bell Potter Securities. Will provides comprehensive coverage of the ETF and LIC sectors, producing a range of highly regarded reports covering investment fundamentals, asset class structure and cost, and the role of managed investments in portfolios.

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