WAB

Wallace Absolute Return (WAB)

Stock Code

WAB

Stock Exchange

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Wallace Absolute Return (WAB) is a LIC that utilises a number of hedge fund strategies in the Australian equity market. Wallace Funds Management Pty Ltd (Wallace) manages WAB. The company’s objective is to provide consistent returns in both rising and falling markets within stated risk parameters and to preserve the capital of the company. The company listed on the Australian Stock Market (ASX) on 28 January, 2003. The company diversifies its investments in a range of portfolios in various industry sectors, thus reducing risk.

Australian Stockmarket Float, Dividends and AGMs


A lot of companies have scheduled their Annual General Meeting tomorrow, November 25, 2011. Also included in the sharemarket list of events for Friday are two upcoming ex-dividendsand a float.

Ex-Dividends

  • RHG has declared a 6 cent per share interim dividend, fully franked.
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