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manager_contact_details: Array
ticker: MLT
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structure: Listed Investment Company
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fund_features:
Milton Corporation Limited (MLT) is a listed investment company that was listed on the ASX in 1958. It is a long-term investor in a portfolio of companies, trusts, interest-bearing securities and real property. MLT’s objective is to provide investors with a growing, fully franked dividend income stream over time and long-term capital appreciation, through exposure to ASX-listed companies that are well managed, have a profitable history and carry expectations of sound dividend growth.
- The company has a long-term focus, therefore portfolio churn is low and capital profits are reinvested.
- Uses bottom-up fundamental analysis to identify attractive investments.
- Combines in-house and external research to develop company models.
- Takes high conviction positions in companies it has identified as attractive, and as such, the portfolio may have a higher tracking error than some of its peers over the longer term.
- The portfolio is weighted towards large cap stocks with the majority allocated to ASX top 50 stocks and ASX top 100 stocks.