WAM Microcap Fund Reports Strong 21.6% Return

August 23, 2024 11:11 AM AEST | By Team Kalkine Media

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WAM Microcap Fund Reports Strong 21.6% Return — Image source: Shutterstock

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Wilson Asset Management’s WAM Microcap Fund has demonstrated a notable investment return of 21.6% for the 12-month period ending June 30. This performance underscores the fund's consistent ability to exceed its benchmark, the S&P/ASX Small Ordinaries Accumulation Index (ASX:XSOA), for seven consecutive years.

For the financial year, the fund will issue a final dividend of 5.25¢ per share. This payout will contribute to a total annual dividend of 10.5¢ per share, reflecting a commitment to returning value to its shareholders.

The fund's portfolio features a diverse array of top holdings, including:

Gentrack Group Limited (ASX:GTK): A leading provider of utility and infrastructure software solutions.
SG Fleet Group Limited (ASX:SGF): Specializes in fleet management and leasing services.
Superloop Limited (ASX:SLC): An integrated telecommunications infrastructure provider.
Tuas Limited (ASX:TUAS): A company engaged in utilities and energy infrastructure.
Capitol Health Limited (ASX:CAJ): Provides diagnostic imaging and related healthcare services.

These investments are indicative of the fund's strategic focus on high-growth microcap stocks, contributing to its strong overall performance.

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