* Predominantly invests in small to medium sized industrial companies* Dual process of trading stock and long term investing
29 May 2009 WAMShare Price $0.97Post Tax NTA $1.34Discount 28%
* Buy and hold strategy* Low turnover* Heavy concentration on companies that pay a constant stream of fully franked dividends
29 May 2009 WILShare Price $0.565Post Tax NTA $0.85Discount 33%
* An absolute return fund* Concentrates solely on trading opportunities* High Turnover
29 May 2009 WAAShare Price $0.78Post Tax NTA $1.00Discount 22%