WAM Active Limited Announces Distribution Amount for Six Months Ended June 30, 2020, Payable on October 30, 2020
August 27, 2020 at 01:47 am
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WAM Active Limited announced distribution amount of AUD 0.0300 per unit of ordinary fully paid units relates to a period of six months ended June 30, 2020. Ex-date is October 19, 2020. Record date is October 20, 2020. Payment date is October 30, 2020.
WAM Active Limited is an Australia-based investment company engaged in investing activities, including cash, term deposits, and equity investments. The Companyâs investment objectives are to deliver a regular income stream of fully franked dividends, provide a positive return with low volatility, and preserve capital. The Company manages the market for various opportunities, including initial public offerings, placements, block trades, rights issues, corporate transactions (such as takeovers, mergers, schemes of arrangements, and restructures), listed investment companies (LIC), discount arbitrages, and short selling. The Company invests in various sectors, including financials, consumer discretionary, healthcare, consumer staples, materials and information technology. The Company's investment manager is MAM Pty Limited.