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Mirrabooka returns jump 22.8pc

Mirrabooka Investments has posted a healthy 22.8 per cent return for the year to June thanks to improving share prices of companies including James Hardie, Equity Trustees and iProperty Group.

Ruth LiewReporter
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Mirrabooka Investments has posted a healthy 22.8 per cent return for the year to June thanks to improving share prices of companies including home building products manufacturer James Hardie, financial services group Equity Trustees and online advertising sales firm, iProperty Group.

The listed investment company, which has a market cap of $386 million, beat the combined small and midcap market index benchmark’s 16.9 per cent return of the year.

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Ruth Liew writes on business specialising in Insurance, wealth management and financial services. Ruth is based in our Sydney newsroom. Connect with Ruth on Twitter.

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    Original URL: https://www.afr.com/companies/mirrabooka-returns-jump-22-8pc-20140714-ji6lr