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Showing 81 - 90 of 131 results for "NTA"

WAM Capital announces $100m share purchase plan

STAFF WRITER  |  MONDAY, 12 JAN 2015
... industry," WAM said in the announcement. As at 31 December 2014, WAM held gross assets of $621 million and had a before tax NTA of $1.77 per share. Of the assets held, 51.6% were allocated to Australian equities with the remaining 48.4% held in cash. ...

Contango set to launch small cap LIC

MARK SMITH  |  TUESDAY, 2 DEC 2014
... market. The portfolio can also hold up to 50% in cash. The company will aim to pay a yield of at least 7% pa of the portfolio NTA as at 1 July of each financial year and will target a high franking component. Applications for the initial public offering ...

Advisers confirm SMSF appetite for LICs

STAFF WRITER  |  MONDAY, 17 NOV 2014
... international markets. Pezzullo said that PIC will be the first listed fund to release the net tangible asset backing of its shares (NTA) as at the end of each business day within two business days. PIC will also provide monthly disclosures on top portfolio ...

Perpetual reveals details of first LIC

MARK SMITH  |  WEDNESDAY, 8 OCT 2014
... provide improved transparency, Perpetual expects to release the daily net tangible asset backing of the company's shares (NTA) within two business days. PIC will be the first LIC in the market to do this. The launch of PIC follows the announcement of ...

Naos to launch long/short equity LIC

MARK SMITH  |  FRIDAY, 12 SEP 2014
... fees which will leave investors with an IPO net tangible asset of $1.00. This compares to many recent LIC IPO's where the IPO NTA is $0.97cps or lower. David Rickards, independent chairman of the new listed company, said the company has been developed ...

Folkestone posts strong result

MARK SMITH  |  FRIDAY, 22 AUG 2014
... value (NAV) was 14.4 cents per share at 30 June 2014, up from 12.8 cents per share at 30 June 2013 and the net tangible asset (NTA) backing was 11.7 cents per share at 30 June 2014 compared with 9.2 cents per share at 30 June 2013.

ASIC drops planned MDA changes

JAMES FERNYHOUGH  |  THURSDAY, 6 MAR 2014
... chairman of the Institute of Managed Account Providers, said: "Whatever the reason, this effectively ends the immediate threat of NTA requirements for MDA operators for the time being and removes the prospect of a regulatory environment which resembles ...

Accountants ready to access HUB24 platform

LAURA MILLAN  |  FRIDAY, 9 AUG 2013
Members of the National Tax Accountants Association (NTAA) will be able to access HUB24 after the organisation reached an agreement with the platform provider. HUB24 parent company Investorfirst has signed a platform distribution agreement with InterPrac ...

NTAA keen to establish referral relations with advisers

LAURA MILLAN  |  MONDAY, 5 AUG 2013
The National Tax Accountants Association (NTAA) said that the majority of its members want to continue to provide advice to self-managed superannuation funds (SMSF), and added that they are keen on establishing referral relations with financial planners. ...

ASIC increases NTA requirements for custodians

JAMES FERNYHOUGH  |  MONDAY, 1 JUL 2013
... Investments Commission (ASIC) has introduced new regulations over the amount custodians are required to hold in net tangible assets (NTA). Under the new regulations, custodians must hold 10% of average annual revenue in NTA, with a lower limit of $10 ...