Hearts and Minds Investments Ltd (ASX: HM1) been established with the combined objective of providing a concentrated securities portfolio of the highest conviction ideas from leading Fund Managers, while also supporting Australian medical research institutes. The Company seeks to provide Shareholders with a compelling and attractive investment proposition by creating a concentrated portfolio of long positions (Portfolio) in approximately 25 Australian and international listed securities.
The Offer has already attracted strong support with pre-commitments exceeding $225 million from a number of sophisticated Australian family investors, the directors, the LIC’s investment committee, its CEO and the Core Fund Managers.
The Company will provide financial funding to leading Australian medical research institutes in order to support the development of new medicine and drive a new generation of medical research in Australia. All investment fees will be forgone, instead donate a Donation Amount which will be distributed to the Designated Charities every six months.
Opened: 15 October 18
Pay by: 26 October 18
List Price: $2.50
Minimum Investment: $2,500