Australian Share Exposure

Whitefield provides shareholders with exposure to the diversified portfolio of listed Australian industrial shares held by the Company.

Professional Management

Whitefield’s investments are managed by a professional and long established investment team utilising a structured and defined investment process.

Experience & Track Record

Whitefield is Australia’s oldest listed investment company and has operated since 1923. Whitefield’s investment portfolio has outperformed its benchmark index over the last 20 years.

Consistency

The investment company structure allows profits to be retained and distributed in subsequent years, allowing regular fully franked dividends to be paid even in tough times.

Cost Efficiency

Whitefield’s management expense ratio has amounted to approximately 0.35% of assets in the majority of years. Consequently Whitefield is one of the more cost efficient Aust share managed investment vehicles accessible by investors in Australia. See more on Whitefield’s Management Expense Ratio.

Franked Dividends

Whitefield distributes income to investors through the dividends its pays. In most circumstances these dividends will be fully franked. See more on Whitefield’s Dividend Policy and LIC Discount Dividends.

Ease of Investment

The ability to invest by purchasing shares on the ASX.

Listed Investment Company Structure

Whitefield is a listed investment company. See more on Listed Investment Companies.

Tax of Listed Investment Companies

Listed investment companies, like Whitefield, provide investors with returns after the payment of company tax. Whitefield is then able to provide investors with a credit for tax paid at the company level.

After allowing for tax at both the investment company and investor level on distributions of income, the after tax value of income distributed is similar for managed fund, direct share, and listed investment company investors. See more on Whitefield’s tax status and Listed Investment Company taxation.

Investment Risk

All investment involves a level of risk. An investment in Whitefield carries many of the risks associated with investing in listed shares generally, as well as the specific risks associated with listed investment companies. See more on risk.