A little while ago, I switched from WAM Capital to WAM Active. After I switched, WAM Active (WAA.AX) reported a bad result for July and the stock fell. I was annoyed I had switched too early. But actually it was a good move because since then WAM Capital (WAM.AX) has announced about a halving of the dividend going forward and the stock has collapsed. The dividend was unsustainable. The fund had increased it in a period of very good returns, and maintained it until now, despite lower returns, including a loss last year. Here is WAM Capital's chart:
And here is WAM Active's chart:
No comments:
Post a Comment