AUS
NZ
UK
CA
USA
FRA
GER
ESP
ITA
NLD
PRT
SWE
GRC
IND
POL
BRA
ZAF
RUS
CHN
UAE
WAM Global Limited
Highest exposure to USA stocks: WAM Global Limited (ASX:WGB), a listed investment company which is launched and managed by Wilson Asset Management (International) Pty Limited. The firm invests in the value stocks of companies listed in public equity markets across the globe. WGB is based in Sydney, Australia and has invested in companies like American Express Company of USA, Daikin Industries Limited from Japan, Reckitt Benckiser Group Plc from UK, Vivendi SA from France etc. The company is deploying the funds raised through an IPO. The group has 35.6% of the investment portfolio in cash; and in August 2018, WGB's Pre-tax net tangible assets amounted to $2.25 with gross assets of $470.4m. WGB has the highest exposure in USA (33.6%), followed by France (5.8%) and Japan (5.3%). In August, WGB's portfolio benefitted from the strength in the USD, which rose 3.4% against the AUD during the August month. The group is trying to engage investee companies management teams across US and Europe for future prospects. Meanwhile, WGB stock has fallen 0.45% in one month as on September 21, 2018.
Evans & Partners Australian Flagship Fund
NTA grew 2.5% in August: Evans & Partners Australian Flagship Fund (ASX:EFF), a listed investment trust formed in Australia, benchmarks itself relative to the higher of S&P/ASX200 Accumulation Index and the RBA Cash Rate. As at the close of business on 14 September 2018, the unaudited estimate of the Net Tangible Assets (NTA) per unit of EFF was $1.59. EFF has the highest exposure in Financials sector, followed by Information Technology and Materials. EFF has a cash exposure of 4.7%. EFF got listed recently, and NTA grew 2.5% in August compared to 1.4% return from S&P/ASX 200 Accumulation Index, and since inception NTA has given the return of 5.2%. There has been an uplift of 1.3% in unit price since inception. Meanwhile EFF stock has risen 0.62% in one month as on September 21, 2018.
Fund Performance for August 2018 (Source: Company Reports)
Gryphon Capital Income Trust
Delivered return of 0.31% in August: Gryphon Capital Income Trust (ASX:GCI), an Australian-based close-ended fund, invests in a diversified portfolio of securitized fixed income bonds, dominated by institutional investors. The target return is the RBA cash rate +3.50% p.a. The fund invests in Residential Mortgage Backed Securities (RMBS) and Asset Backed Securities(ABS). GCI has declared the dividend of AUD 0.0074, payable on October 9, 2018. GCI in August 2018 has given the return of 0.31% and since inception (ann) gave the return of 2.9%. Moreover, GCI reported for new issue transactions in three Residential Mortgage Backed Security and two Asset Backed Security priced totaling A$3.45 billion in August. GCI participated in two of the RMBS new issues and was also active sourcing suitable investments in secondary markets. In total, GCI invested approximately 17% of the NAV during August. The balance of the NAV is invested in a Liquidity portfolio which will be recycled into higher yielding RMBS and ABS (Core portfolio) as opportunities arise. The blend of the Core holdings (72%) and Liquidity portfolio (28%) is generating a net running yield of approximately 4.48% p.a. in August. Meanwhile, GCI stock has fallen 1% in one month as on September 21, 2018. [optin-monster-shortcode id="wxhmli4jjedneglg1trq"]
 L1 Long Short Fund Limited
LSF delivered negative returns: L1 Long Short Fund Limited (ASX:LSF) provides the investors access to an absolute return fund with long and short positions and focuses on Australian and New Zealand securities, with up to 30% invested in global securities. LSF for August gave the return of -5.3% and -14.9% total return since inception. The Company's performance was adversely affected due to a high number of left-field stock events during August, most of which the company expects to reverse in due course. Therefore, LSF stock has fallen 7.5% in one month as on September 21, 2018.
The Income available from dividends remains attractive for many investors.
We take a look at the best yields on the market and assess what they say about a companyâs prospect.
One Thing is certain, though, Australia interest rates are still low, making income difficult to come by and keeping the focus for many investors on high yielding stocks.
ASX-relevant Special Reports are published year-round to provide a detailed analysis into an investing opportunity or a potential risk to your portfolio.
Click here to get your free report.
Disclaimer
The advice given by Kalkine Pty Ltd and provided on this website is general information only and it does not take into account your investment objectives, financial situation or needs. You should therefore consider whether the advice is appropriate to your investment objectives, financial situation and needs before acting upon it. You should seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice) as necessary before acting on any advice. Not all investments are appropriate for all people. Kalkinemedia.com and associated websites are published by Kalkine Pty Ltd ABN 34 154 808 312 (Australian Financial Services License Number 425376). website), employees and/or associates of Kalkine Pty Ltd do not hold positions in any of the stocks covered on the website. These stocks can change any time and readers of the reports should not consider these stocks as advice or recommendations.
