Our Q&As are emailed in our Saturday Morning Report, find the answer to this question below.
Hi James and Team, would appreciate your thoughts on these 2 fund managers are they a dividend trap? Platinum Asset management 12mth total return down 34% div. 8.6% fully franked ( grossed up 12.4%) Regal Partners 12mth total return up 26% div 6% fully franked (grossed up 8.5%) Cheers Craig
Hi Craig,
Picking a turn in high-yielding fund managers is fraught with danger but it can pay huge “dividends” – excuse the pun. We are long Magellan (MFG) and its soared +13% this week with a dividend due in August – its forecast to yield almost 7% over the coming 12-months. Its our preferred fund manager for yield but its been a tough few months into July.
In terms of RPL and PTM we prefer the former believing Phil King can steer the ship to both healthy dividends and capital gains. Conversely PTM is anchored to the $1 area with no exciting leadership since Kerr Nielson’s retirement in 2022. NB: We own RPL in the Emerging Companies Portfolio.
Take a free trial.
No payment details required.
Forgot password? Request a One Time Password or reset your password
One Time Password
Check your email for an email from [email protected]
Subject: Your OTP for Account Access
This email will have a code you can use as your One Time Password for instant access
A link to create a new password will be sent to the email address you have registered to your account.
Hi, this is only available to members. Join today and access the latest views on the latest developments from a professional money manager.
Our Smart Phone App will give you access to much of our content and notifications. Download for free today.
