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About Whitefield
KEY FEATURES OF WHITEFIELD
Whitefield's Investments
Whitefield holds a broadly diversified portfolio of listed Australian industrial shares, with a significant emphasis given to stocks whose realistically achievable level of future earnings are considered to offer the potential for stronger rates of investment return relative to current prices. The portfolio contains around 60 holdings.
Investment Objective
The Whitefield portfolio seeks
to provide a rate of investment return which exceeds
the All Industrials Accumulation Index.
Professional Management
Through their investment in Whitefield
shareholders obtain exposure to a professionally managed
portfolio of listed Australian securities. Whitefield's
investment management personnel have a depth of experience.
They adopt a structured and disciplined process of research,
analysis and portfolio construction.
Diversification of Risk
Whitefield holds a diversified
portfolio of listed securities. The Investment Manager
holds sufficient diversity of securities to ensure that
Whitefield's exposure to any one security or industry
sector is not excessive in comparison to the market and
in relation to Whitefield's total portfolio.
Dividend Policy
Whitefield's dividend policy is
to pay dividends that are approximately similar to its
net operating profit after tax but excluding realised
capital gains. In this way shareholders are able to benefit
from the receipt of a growing and secure stream of income
through the fully franked dividends paid by the company.
Dividends are currently paid each half year.
Cost-Efficient Management Expenses
Whitefield's ongoing Management
Expense Ratio (including all costs of operation) is approximately
0.35% per annum of the average value of gross assets.
Acquiring Shares in Whitefield
Investors may buy shares in Whitefield which trade on the Australian Stock Exchange through a stockbroker.
Whitefield also offers a Dividend Reinvestment Plan, whereby a shareholder may elect to receive their dividend in shares rather than cash.
Over recent years Whitefield has also offered an annual Share Purchase Plan, allowing shareholders to acquire up to a further $5,000 of shares.
Long Track Record
Whitefield was founded in 1923
and has a long track record of investment performance.
Details on investment outcomes are shown under the section
titled Performance.
Regular Reporting
Whitefield reports its net asset backing to the ASX monthly, and reports to Shareholders quarterly.
Corporate Governance - More
info...
Whitefield has a majority of independent directors on its Board, an important facet of corporate governance.
Senior investment management personnel are also shareholders in the company, providing a strong alignment of interest between shareholders and key staff.
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