IIR Awards Plato Income Maximiser Limited (ASX: PL8) a “Recommended Plus” Rating
Plato Income Maximiser Limited (ASX: PL8), the first listed investment company that aims to pay monthly dividends, was awarded a “RECOMMENDED PLUS” rating by Independent Investment Research (IIR).
PL8’s investment objective is to maximise income for direct and indirect investors, particularly for pension phase investors and SMSFs. IIR state “(t)he fact that the strategy is explicitly managed for zero tax rate investors is viewed as a positive”.
In its review of PL8, IIR noted “one of the more attractive features, and point of differentiation for an equity income strategy, is its ability to successfully deliver an enhanced, and growing, level of income without taking material active risks or incorporating the concentration risks and style biases common in the space.” .