Listed Managed Investment Reports

Ceasing Coverage of NAOS Small Cap Opportunities Company Limited
Sunday, January 21, 2018
This follows our suspended rating on Contango MicroCap (as it was then known) - NAOS Asset Management has decided it does not wish to proceed with a review so our rating for NSC is withdrawn and we are ceasing coverage.
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Plato Income Maximiser Limited (ASX: PL8) - Initiating Coverage - Provides Income Yield and Total Return Above Benchmark
Sunday, January 21, 2018
PL8 is specifically designed and investment managed for zero tax-rate investors given the strategic emphasis on capitalising on franking credit market ‘inefficiencies’ as well as the strategy’s high portfolio turnover (150-200% p.a.). IIR ascribes Plato Income Maximiser Limited a “RECOMMENDED PLUS” rating.
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Latest Monthly Listed Managed Investments - News and Sector Review - This is based on IIR Research Data for the Whole Sector
Sunday, December 17, 2017
2017 was an exceptional year for new listed investment company and listed investment trust raisings, with 14 new entities raising a total of $4.2bn via initial public offers. This significantly exceeded the funds raised by new LIC/LIT offers in the previous two years and lifted the total number of LICs & LITs on the ASX to 105 by the end of November 2017.
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Ellerston Global Investments Limited (ASX code: EGI) - Exposure to a Long Only, Actively Managed Concentrated Portfolio of Global Stocks
Sunday, December 17, 2017
Initiation of Coverage - IIR ascribes a Recommended rating. The company was listed in October 2014 and therefore has three years of performance history. The company offers exposure to a concentrated portfolio of global stocks with a small to mid cap bias. Full details are attached in the report.
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Mirrabooka Investments Limited (MIR) - Rating Upgrade
Sunday, November 12, 2017
IIR has upgraded its rating to “Highly Recommended”for MIR. IIR has always held MIR and similarly its sister strategy, AFI, in high regard, with a strong team and investment committee, transparency, low costs and the benefits of a lengthy track-record. Investors can gain confidence from a long track-record in which the Manager has achieved its investment objectives over the long-term (10-year+ period).
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