Marketing and Business Development Manager, Georgie Burrows, interviews Co-Portfolio Manager, John Whelan in our latest podcast.
In this next episode, Georgie asks John about one of our industrial franchise sector stocks, Siemens. The main questions she asks include:
- Can you provide an overview of the Siemens business, and what it was that initially attracted PM Capital to it?
- PM Capital initiated a position in the lows of COVID-19 in 2020, before the share price saw significant upward movement over next 18 months. The stock has fallen again this year – is this due to recession fears in Europe? What do you see as the cause?
- What are the key takeaways from the Q3 results in August, and what are your views on the outlook for Siemens?
This insight is issued by PM Capital Limited ABN 69 083 644 731 AFSL 230222 as responsible entity for the PM Capital Global Companies Fund (ARSN 092 434 618) and the PM Capital Australian Companies Fund (ARSN 092 434 467), the "Funds". It contains summary information only to provide an insight into how we make our investment decisions. This information does not constitute advice or a recommendation, and is subject to change without notice. It does not take into account the objectives, financial situation or needs of any investor which should be considered before investing. Investors should consider the Target Market Determinations and the current Product Disclosure Statement (which are available from us), and obtain their own financial advice, prior to making an investment. The PDS explains how the Funds' Net Asset Value are calculated. Past performance is not a reliable guide to future performance and the capital and income of any investment may go down as well as up.
