Latest Investment Funds News

Athena Resources has kicked off a 2,900m drilling campaign at its 100% owned Narryer Project, backed by a $3.5 million placement and shareholder-approved share consolidation to streamline capital structure.

Cadence Opportunities Fund (ASX:CDO) has announced a fully franked final dividend of 7.5 cents per share and a special dividend of 2 cents following a 30.3% return for FY26, boosting its yield to 6.5%.

VRX Silica has raised $4.5 million through strategic equity placements with US-based Nebari Partners and existing shareholder Delphi group, bolstering institutional backing ahead of key project financing milestones for its Arrowsmith North silica sand project.

L1 Group’s funds under management climbed 12.4% in Q4 2026, buoyed by inflows into its Gold Fund IPO and Long Short strategies, while FY26 performance fees are set to reach up to $167 million.

Future Generation Australia (ASX: FGX) reported a robust 20.1% total shareholder return for the year to June 2026 alongside an increased fully franked interim dividend of 3.8 cents per share, maintaining its commitment to steady income and social impact.

Russell Investment Management has announced a substantial final distribution for the Australian Responsible Investment ETF (ASX: RARI), delivering 115.0944 cents per unit with a notable franking component. Key dates for investors to note include the ex-distribution on June 30 and payment on July 15.

KGL Resources has launched a $120 million entitlement offer at $0.20 per share, part of a $300 million capital raise to fund the Jervois Copper Project. The offer is underwritten except for pre-commitments from major shareholders, with new shares expected to be issued late July.

Kapstream Investment Trust completed a 5% off-market buyback and projects FY 2027 distributions around RBA Cash + 3.50%, supported by a rising yield to maturity.

Centuria Capital Group has secured a 50% stake in prime Sydney CBD offices for $454 million, launching a new fund targeting a 7.5% annual yield and backed by domestic and Japanese investors.

JPMorgan Asset Management has released updated estimated annual cash distributions for six of its ASX-listed ETFs for the financial year ending 30 June 2026, with amounts varying widely between funds and one yielding no distribution.

The Alternative Investment Trust (AIQ) posted a 2.0% diluted NTA return in 2025, weighed down by an 8% appreciation of the Australian dollar against its largely USD-denominated portfolio. The trust bolstered its capital base with a A$34.5 million rights issue and increased exposure to the WSS Master Fund.

Booster Investment Scheme 2's Private Land and Property Fund swung back to profit with NZD 1.3 million after tax for the year ended March 2026, despite net asset value slipping due to unit redemptions. The Fund’s investment portfolio remains concentrated in unlisted New Zealand agricultural and property assets, while its Manager faces unrelated FMA proceedings.