Master of its Class

Chris Stott

Portfolio Manager

On Wednesday, superannuation software company Class Limited (ASX: CL1) reported its half year results, with net profit after tax of $3.6 million, up 28% on the prior corresponding period. The company said the increase in profit was driven by continued growth in the Class Super product and a record increase in the Class Portfolio product. We believe Class is well positioned to take advantage of the long-term growth prospects of the SMSF space as well as the move to cloud software. Shares in Class closed up 19.2% for the week. We own CL1 as a research-driven investment in WAM Capital and WAM Research.


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Chris was the Chief Investment Officer of Wilson Asset Management, having joined the company in 2006. He was also the Portfolio Manager responsible for WAM Capital (ASX:WAM), WAM Research (ASX:WAX), WAM Active (ASX:WAA) and WAM MicroCap (ASX:WMI).

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