December 2005
Intermediate to advanced
464 pages
23h 14m
English
Content preview from Initial Public Offerings (IPO)
Become an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
Start your free trial
24.5 Performance of listed funds sector, including recent fund
IPOs
Listed investment funds can be assessed using cross-sectional analysis of total share-
holder returns (incorporating market price and dividends to shareholders), their
Equity issuance trends in Australia’s listed investment fund markets 407
Figure 24.4 Value of IPOs by investment strategy (financial year 2004)
Figure 24.5 Value of IPOs by investment strategy (financial year 2005)
performance relative to the broader stock market, and existence of premiums or dis-
counts to net tangible ...