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WAM Income Maximiser Limited ( (AU:WMX) ) has shared an announcement.
WAM Income Maximiser Limited’s investment portfolio saw a decrease in November but outperformed its benchmark due to strategic positioning in resource equities and short-duration bonds. The portfolio’s yield, bolstered by large resource companies, remains below the RBA cash rate plus 2.5%, yet significant capital growth is anticipated to support future dividend increases. The company is positioned to benefit from potential global growth acceleration and domestic economic improvements, with expectations of future rate hikes by the RBA.
More about WAM Income Maximiser Limited
WAM Income Maximiser Limited operates in the financial investment industry, focusing on delivering monthly income and capital growth by investing in Australia’s highest quality companies and corporate debt instruments. The company targets a benchmark of 60% S&P/ASX 300 Accumulation Index and 40% Bloomberg AusBond Bank Bill Index plus 1.0% per annum.
Average Trading Volume: 267,325
Technical Sentiment Signal: Strong Sell
Find detailed analytics on WMX stock on TipRanks’ Stock Analysis page.