asset_category:
peer_benchmark:
broad_market_index:
manager_contact_details: Array
ticker: WMI
release_schedule:
structure: Listed Investment Company
commentary_block:
factsheet_url:
fund_features:
WAM Microcap Limited (WMI) is a listed investment company that invests in a portfolio of micro cap stocks (stocks with a free float adjusted market cap of less than $300m). The investment mandate allows the Manager to invest in international stocks, however, the Manager will likely only invest in domestic listed stocks. The portfolio is managed by MAM Pty Limited (The Manager) which is 100% owned by entities associated with Geoff Wilson and forms part of the Wilson Asset Management Group. The Manager has the ability to short stocks, however, we expect the portfolio to have a long bias with minimal short exposure at any given time.
- WMI primarily invests in ASX-listed micro cap stocks.
- The portfolio will typically comprise between 20 and 70 stocks with a weighting of 1%-5%.
- The Manager focuses on industrial companies with little exposure to the materials sector.
- The Manager will take high conviction positions in stocks that it views as attractive.