I received almost 5000 CYB shares from NAB after the restructure. They don’t report until next year but are on track to 700K pounds profit for the financial year. Like having money in a cheque account. Any help?

In Paul Rickard’s excellent article on SMSF performance, he mentioned the strong performance of the “mid cap 50”, shares ranked 50-100 on the ASX 200.

I have looked for managed funds which focus on this group, and whilst I can find lots of “small/mid cap” focused funds, I have not found anything mentioning the mid cap 50 specifically.
Can you tell me the names of 2 or 3 funds specialising in the mid cap 50?

WAM Capital SPP, would you recommend taking up the offer at $2.14 or do you consider the price too far above the NTA? Paul Rickard has indicated that he doesn’t think it a good buy at the current market price for this reason.

We have had Betashares HVST ETF in our super fund for about 6 months and it has returned great results for us as the monthly dividend adds up to over 10% pa and about 3% capital gains in the last 6 months. It has gone better than most things over that period. I know you have reported on it in other questions but nothing recently. Can you update your opinion on it now based on performance in the last 6 months please and advise on possible downsides to HVST.

Hi Peter, I am not sure if you have run with this before — but just listening to the talk by Mr Murray from Perennial Value Management about how important it is to evaluate each company’s Balance Sheet to assess it’s financial value — I wondered whether you have ever run a session for those investors who aren’t accountants to show what to look for when looking at a Company Balance Sheet? Not just to talk about it, but to show an actual Company Balance Sheet and the critical figures (columns) that one should look for. Even if you have in the past, I’m sure that kind of thing bears repeating every few years.