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How Did Morphic Ethical Equities Fund Bounce Back with $5.44M Profit and No Dividends?
10:01pm on Friday 29th of August, 2025 AEST
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Financial Services
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How Did Morphic Ethical Equities Fund Bounce Back with $5.44M Profit and No Dividends?
10:01pm on Friday 29th of August, 2025 AEST
Key Points
Net profit after tax of $5.44 million reversing prior year loss
Portfolio outperformed MSCI ACWI benchmark with 23.44% gross return
No dividends declared due to lack of franking credits
Share buybacks of 14.54 million shares during year, plus 420,363 post-year-end
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