WAM Leaders Ltd (ASX:WLE) is a listed investment company (LIC) which invests in the larger businesses on the ASX. The LIC structure allows WAM Leaders to make profit from dividends received and capital gains, and then pay a growing stream of fully franked dividends.
Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.21% at lunch.
The Australian share market, or S&P/ASX 200 (INDEXASX:XJO)(ASX:XJO), is expected to open down on Monday, as the Australian Dollar (A$) (AUDUSD) slips below US 80 cents.