WAM Strategic Value Ltd (AU:WAR) has released an update.
WAM Strategic Value Ltd saw its investment portfolio rise in October, buoyed by a 53.5% exposure to global listed investment companies and trusts, despite a 13.9% discount to net tangible assets. The company declared a fully franked dividend increase of 50%, reflecting strong portfolio performance, particularly from Pengana International Equities and Regal Asian Investments. Global equities outperformed the local market, with the MSCI World Index up 3.8%, contrasting a 1.3% decline in the S&P/ASX All Ordinaries Accumulation Index.
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