The Hidden Value of Franking Credits in Investment Strategies

We are delighted to invite you and your guest to a light breakfast presentation where Hamilton12 Managing Director, Richard McDougall will cover the following:

Exploring Persistent Fund Manager Underperformance

• Introduction to the Active vs. Passive Investment Debate.
• SPIVA Unveiled: Understanding S&P Indices Versus Active Reports.
• Explaining why most active fund managers underperform most of the time.

Passive Fund Limitations and the Hidden Value of Franking Credits

• The limitations of 'passive' funds that mirror the S&P/ASX 200 or 300.
• Highlight the often overlooked tax benefits of franking credits.
• Introduction to the Hamilton12 Australian Shares Income Fund as a strategic solution offering diversification and tax efficiency.

Speaker Bio: Richard McDougall - Hamilton12 | Managing Director

With over two decades of experience in financial markets, Richard has held pivotal advisory and executive positions in banking and investment firms, both domestically and internationally.

Before co-founding Hamilton12, Richard served as a Director at the Westpac Group. His valuable insights and extensive experience played a crucial role in guiding Private Bank clients to make well-informed investment decisions. Preceding his tenure at Westpac, Richard served as the Queensland State Manager for Morgan Stanley Wealth Management. He played a key role in establishing the wealth management presence in Queensland following the global acquisition of Smith Barney from Citigroup. Prior to Morgan Stanley, Richard held the position of Director at UBS Wealth Management, a prominent Swiss global financial services company.

In addition to his corporate roles, Richard contributes as an Advisory Board Member of the UQ Institute for Molecular Bioscience.

Richard's educational background includes a Bachelor of Laws and Commerce from Bond University, as well as a Master of Business Administration (Hons) from The University of Queensland.

RSVP: 23rd February 2024