asset_category:
peer_benchmark:
broad_market_index:
manager_contact_details: Array
ticker: PL8
release_schedule:
structure: Listed Investment Company
commentary_block:
factsheet_url:
fund_features:
Plato Income Maximiser Limited (PL8) is a listed investment company that invests in a diversified portfolio of Australian shares with an income focus. The portfolio is managed by Plato Investment Management Limited, a boutique Australian equities manager with a focus on income strategies. The investment strategy is implemented through an investment in the Plato Australian Shares Income Fund. PL8 listed on the ASX in May 2017.
- The company aims to pay monthly dividends, franked to the maximum extent possible.
- The portfolio typically consists of 50 to 120 stocks and has a high turnover at around 150- 200% p.a.
- The portfolio is managed in accordance with a number of individual security weightings, sector weightings, and size exposure limits.
- The portfolio is typically underweight the A-REIT and Utilities sectors due to a lack of franking credits.