Wealth Focus has secured access to an allocation to the WAM Leaders IPO. Investors looking to apply for a broker firm allocation will need to contact us on 1300 559 869 by 5pm WAM Tuesday 10th May.
Allocations may still be available after this date but will be allocated on a first come first served basis.
WAM Leaders - Opportunities in the ASX 200
Wilson Asset Management has recently announced the launch of a new Listed Investment Company (LIC), WAM Leaders Fund, and aims to raise $209 Million to invest in the ASX 200.
Based on WAM Capital's success in managing funds in the small to mid cap secor, and the premium that investors are willing to pay to access WAM's management skills (WAM currently trades at a 15% premium), we would not be surprised to see this raising above the $209 Million target.
With a free option (estimated value of 6c) to each share listed under the IPO, we feel this is an attractive proposition for investors to consider. |