by Sponsored Content
You are invited to attend IML’s QV Income Pre-IPO Briefing with IML Investment Director Anton Tagliaferro to be held on Thursday 6th October at Crowne Plaza Auckland and Friday 7th October at Intercontinental Wellington.
Investors Mutual Limited (IML) intends to launch a new income focused ASX-listed investment company. IML will be the Investment Manager.
The Company’s investment strategy will replicate the successful Investors Mutual Equity Income Fund with an investment objective to deliver shareholders a dividend yield of 2% above that of the S&P/ASX 300 Index with lower levels of volatility to that of the S&P/ASX 300 Index. The Company expects to pay dividends on a quarterly basis.
The initial public offering of securities (Offer) will seek to raise a minimum of $100 million.
IML has already received indicative commitments in excess of the $100 million minimum and anticipates that the Company and the Offer will be well supported.
Further details on the Offer will be announced in due course. It is expected that a prospectus for the Offer will be lodged with the Australian Securities and Investments Commission during the fourth quarter of 2016 calendar year.
IML is an Australian equities fund manager founded by Anton Tagliaferro in 1998 that manages funds in excess of A$6.0 billion as at 30 June 2016. The IML investment team is well recognised for its true-to-label investment style and conservative value-based investment philosophy with the aim of delivering consistent returns for clients over the long term.
Please note:
Kind Regards,
Ben van den Tol
Manager, Institutional Sales
Investors Mutual Limited
Ben.vandentol@iml.com.au
+61 2 8224 0519
Sponsored content is a new offer from Good Returns designed to help readers learn more about products and services which are available to them.
| « Lessons from unconventional monetary policy for New Zealand | Central banks not ready to throw in the towel » |
Special Offers
© Copyright 1997-2024 Tarawera Publishing Ltd. All Rights Reserved