The team behind Australia’s oldest listed investment company, Whitefield Industrials, is braving the sector’s IPO drought by launching an equity income strategy on the ASX that is targeted at dividend-starved investors.
Whitefield lodged the prospectus on Monday night for the actively managed fund which holds 70 to 100 stocks from the S&P/ASX 300 Index.
Tess Bennett is a technology reporter with The Australian Financial Review, based in the Brisbane newsroom. She was previously the work & careers reporter. Connect with Tess on Twitter. Email Tess at tess.bennett@afr.com
