Wilson tips difficult six months for stocks

Original article by Vanessa Desloires
The Australian Financial Review – Page: 28 : 31-May-16

The WAM Leaders fund debuted on the Australian sharemarket on 30 May 2016, after raising $A394.3m via an IPO. The listed investment company will invest in S&P/ASX 200 stocks, with a focus on growth-oriented large-capitalisation stocks that are undervalued. Veteran fund manager Geoff Wilson says the fund will not invest in the top-20 stocks at present, as they have performed poorly for investors over the last 12 months. He expects market conditions to be challenging for the next six months.

CORPORATES
WAM LEADERS LIMITED – ASX WLE, STANDARD AND POOR’S ASX 200 INDEX, BHP BILLITON LIMITED – ASX BHP, TELSTRA CORPORATION LIMITED – ASX TLS, WOOLWORTHS LIMITED – ASX WOW, WESFARMERS LIMITED – ASX WES, RIO TINTO LIMITED – ASX RIO, WAM CAPITAL LIMITED – ASX WAM, ARISTOCRAT LEISURE LIMITED – ASX ALL, TPG TELECOM LIMITED – ASX TPM, VOCUS COMMUNICATIONS LIMITED – ASX VOC, MAGELLAN GLOBAL EQUITIES FUND (MANAGED FUND) – ASX MGE

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