L1 Long Short Fund Ltd Announces May 2026 Shareholder Letter
Key points
- Strong positive investment performance reported
- Net return of 44.7% over the last 12 months
- Fully franked dividend of 3.7c per share declared
Full summary
L1 Long Short Fund Ltd expressed appreciation for shareholder support and reported strong investment performance. As of March 31, 2026, the portfolio delivered a net return of 44.7% over the last 12 months, outperforming the ASX200AI by 33%. The company also declared a fully franked dividend of 3.7 cents per share, payable on June 22. The Board has established a solid dividend stream that has increased every period since the first dividend in February 2021. Shareholders are encouraged to participate in the Dividend Reinvestment Plan (DRP) to increase their shareholding without transaction costs.
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