Plato Income Maximiser announces $200m entitlement offer to meet demand for income

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With official cash rates and bond yields plumbing to record lows, investors are increasingly looking for dividend payments as a replacement for their cash and fixed interest income. To help meet this increased demand, Plato Income Maximiser Limited (PL8 or the Company) today announced a $200 million entitlement offer. PL8 is the only Listed Investment Company (LIC) […]

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Beware of income investing trap

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With official cash rates and bond yields plumbing all-time lows, investors of all types are increasingly looking for dividend payments as a replacement for regular income from term deposits and/or bonds. While a decade ago, term deposits were generally producing higher returns than dividend income, falling cash rates mean dividends are now much higher, notes […]

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Retirees should review their income strategy in light of second rate cut

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Australia’s 3.8 million retirees should review their income generating investment strategy in light of the RBA’s second rate cut decision yesterday, according to Australian funds manager Plato Investment Management (Plato). While beneficial to homeowners and people trying to buy a home, rate cuts also see Australian retirees receive less income from their floating rate income […]

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Retirees should review their income strategy in light of rate cut

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Australia’s 3.8 million retirees should review their income generating investment strategy in light of the RBA’s decision to lower interest rates by 25bp today, according to Australian funds manager Plato Investment Management (Plato). While beneficial to homeowners and people trying to buy a home, rate cuts also see Australian retirees receive less income from their […]

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Dividends, here and overseas, rose in first quarter

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Dividends across developed markets rose strongly in the first quarter of this calendar year, according to research by Plato Investment Management. “Global dividends grew 19% to $A510 billion in the first quarter compared to Q1 2018,” said Dr Don Hamson, Managing Director of active income fund manager Plato Investment Management. “This was a slight acceleration on […]

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Investing in our future fund managers

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Aspiring women in finance are set to benefit from a partnership between a leading income fund manager and The University of Technology Sydney (UTS). Plato Investment Management believes change is needed to address the under-representation of women in the sector. “Investment management is a global industry, and the diversity of our people, ideas and experiences […]

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Parliamentary Inquiry told ALP proposed franking tax credit rebate policy has many unintended consequences

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While the intent of the Labor Party’s (ALP) proposed franking tax credit rebate policy is admirable, the execution is far from it, according to a presenter at this afternoon’s Parliamentary Inquiry by the Senate Standing Committee in Sydney. They were told it is regressive and its discriminatory, “like cracking a nut with a sledgehammer with […]

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Dividends to rise to record this year

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While Australian share prices fell over the past year[1], many investors are unaware that that total dividends increased almost 8% in dollar terms from calendar 2017, according to Plato Investment Management. “While share prices were soft in 2018, the Plato Australian Shares Income Fund had a record year for income distributions,” said Dr Don Hamson, […]

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Dividend income investors urged to diversify

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Leading income investment fund manager, Plato Investment Management Limited (Plato), has urged dividend income investors to diversify their sources of yield. Many income investors, including many retirees and self-managed super funds, focus on the dividend yields of Australia’s big four banks and Telstra, said Plato Managing Director, Dr Don Hamson. “Investors should be wary of […]

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Retirees cautioned to be aware of ‘fake income’

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“While ‘fake news’ is now a common catch phrase, income investors also need to be aware of ‘fake income,” said Don Hamson, Managing Director of Plato Investment Management (Plato). Dr Hamson explains that ‘real income’ is the income derived from investments in the form of interest, dividends (including franking credits) and rents. “It should not […]

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