Hearts and Minds Investments Ltd ( (AU:HM1) ) has provided an announcement.
Hearts and Minds Investments Limited reported a 3.75% decline in its portfolio for February, underperforming the MSCI World Index. Despite this, the company has achieved an annualized pre-tax investment return of 12.16% since its inception. The company announced an increased half-year fully franked dividend of 8.0 cents per share, reflecting significant profit growth for the half-year ending December 2024. Additionally, Brett Jollie was appointed as the new CEO, bringing extensive experience in funds management and a commitment to the company’s mission of supporting medical research.
More about Hearts and Minds Investments Ltd
Hearts and Minds Investments Limited operates in the investment industry, focusing on a concentrated portfolio of long-only positions in 25-35 global securities. The company collaborates with respected fund managers to select high-conviction investment ideas and forgoes traditional investment fees, instead donating to leading Australian medical research organizations.
YTD Price Performance: 0.66%
Average Trading Volume: 199,950
Technical Sentiment Consensus Rating: Sell
Learn more about HM1 stock on TipRanks’ Stock Analysis page.