WAM Active Limited (WAA.AX)
WAM Active Limited operates in the Asset Management industry of the Financial Services sector, headquartered in Sydney, NSW, AU. The stock last traded at $1.07, up 1.42% on the session, giving a market capitalisation of $82.5M. Its beta of 0.66 implies it has historically moved less than the broad market.
WAM Active Limited is a close-ended equity mutual fund launched and managed by MAM Pty Limited. The fund invests in public equity markets of Australia. It seeks to invest in stocks of companies that are operating across diversified sectors. The fund invests in stocks of companies across all market capitalizations. It also invests in bills of exchange, other negotiable investments, and debentures. The fund seeks to take advantage of opportunities created by corporate transactions and other trading and arbitrage opportunities. It benchmarks the performance of its portfolio against the S&P/ASX All Ordinaries Accumulation Index. WAM Active Limited was founded in November 13, 2007 and is domiciled in Australia.
WAM Active Limited is most often compared with the following Financial Services names: