சிமோன் கவசங்கள் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from சிமோன் கவசங்கள். Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In சிமோன் கவசங்கள் Today - Breaking & Trending Today

Monash exits troubled LIC structure | Money Management


Print
Monash Investors has restructured its listed investment company (LIC) Monash Absolute Investment Company into an exchange traded managed fund (ETMF), admitting it was a mistake to opt for the former structure.  
It would list today and be renamed as Monash Absolute Active Trust following shareholder approval. Actively managed, it had a yield target of 6% per annum and a management fee of 1.38% per annum.  
Opting for an ETMF would provide appropriate fair value liquidity as well as creating a pathway for greater funds under management, Monash said. 
The original LIC was launched in 2016 and ‘within two years’, portfolio manager Simon Shields said the firm had realised its mistake and tried to adjust the structure. It would have been completed earlier but was delayed by a review by the Australian Securities and Investments Commission (ASIC) into the ETMF sector which was finalised in April 2020.  ....

South Australia , Monash Absolute Active , Investments Commission , Monash Absolute Investment Company , Monash Investors , Monash Absolute Active Trust , Simon Shields , Australian Securities , தெற்கு ஆஸ்திரேலியா , முதலீடுகள் தரகு , மோனாஷ் முதலீடு நிறுவனம் , மோனாஷ் முதலீட்டாளர்கள் , சிமோன் கவசங்கள் , ஆஸ்திரேலிய பத்திரங்கள் ,