Ellerston: This is about Asia and it is about growth
Morgans Financial Limited
Morgans is acting as Joint Lead Manager for the Initial Public Offer of the Ellerston Asian Investments LIC. Core Asian GDP growth is currently averaging 5% which is over twice as fast as Australian GDP growth and more than three times faster than the average of the GDP growth rates for the USA, EU and Japan. Ashok Jacob, Chief Investment Officer of Ellerston Capital, says; “In simple terms we believe Asia represents an opportunity to buy large, mega-cap stocks, growing rapidly, at half the price that growth is available in developed markets. The LIC is not about a diversified portfolio of 100 stocks and it’s not about small cap stocks, it’s about big blockbuster growth themes.” The Asian Investments LIC will invest in a concentrated portfolio of large, high growth companies exposed to the rapid growth in Asia. The Ellerston Asian Investments ‘General Offer’ is currently open to all investors. To register for a copy of the prospectus click the (VIEW LINK)
Morgans is Australia's largest national full-service retail stockbroking and wealth management network with over 240,000 client accounts, 500 authorised representatives and 950 employees operating from offices in all states and territories.
Morgans is Australia's largest national full-service retail stockbroking and wealth management network with over 240,000 client accounts, 500 authorised representatives and 950 employees operating from offices in all states and territories.