WAM Research Limited (WAX) is a listed investment company that invests in undervalued growth companies, primarily small to medium sized industrial companies listed on the ASX. The investment objectives are to provide a growing str
eam of fully franked dividends and to achieve a high real rate of return, comprising both income and capital growth, within risk parameters acceptable to the Directors.
WAM Research Limited is a company which has been formed to invest in a portfolio of permitted investments. The Company provides investors with the opportunity to invest in a diversified Portfolio and gain access to a defined investment process and the management experience of the Manager.
The Company will predominantly invest in ASX listed Securities. The Company will have a major bias to industrial companies. It will not invest a significant part of the Portfolio in the resource sector. The Directors consider that resource companies are subject to extreme volatility and are difficult to value according to conservative accounting and investment principles.