Boost dividend income, free investing, managing stars | 20 Sep 2023

Wealth of Experience

Season 2, Episode 8

Special guest Rudi Minbatiwala, Head of Equity Income at First Sentier, explains why he thinks buying high-yield, dividend-paying stocks is a flawed way to get consistent income from the ASX. He reckons there are better strategies , which he runs through today.
For a different perspective on the investment world, our other special guest is Anne Marie Bernard, the senior director of HR at MFS Investment Management. Anne Marie tells us of the best ways that investment firms can incentivize fund managers, how to prevent star stockpickers from jumping ship, and how the concept of reverse mentoring can help fund managers keep on top of the latest industries like artificial intelligence.
As usual, Firstlinks’ Managing Editor, Graham Hand, also joins us, this time to go through the ways that investors nowadays can invest for free, or at least close to free. We discuss ETFs, listed investment companies, robo advice, and much more.
Morningstar's Peter Warnes is having a well-earned break and will be back with us for the next episode.

Chapters

1. Boost dividend income, free investing, managing stars | 20 Sep 2023 (00:00:00)

2. Graham Hand - how funds have become more accessible (00:01:45)

3. Graham Hand - importance of costs when investing in a fund (00:03:22)

4. Graham Hand - best ways to invest for almost free (00:05:37)

5. Graham Hand - Robo advice (00:09:58)

6. Graham Hand - Listed Investment Companies (00:12:28)

7. Graham Hand - building a portfolio of funds (00:15:22)

8. Graham Hand - other costs when investing in funds (00:17:02)

9. Rudi Minbatiwala - his equity income approach (00:20:01)

10. Rudi Minbatiwala - how it differs from other equity income funds (00:21:44)

11. Rudi Minbatiwala - buy write strategy (00:23:20)

12. Rudi Minbatiwala - buying quality companies that can grow earnings (00:25:13)

13. Rudi Minbatiwala - selling call options (00:26:39)

14. Rudi Minbatiwala - realestate.com.au (00:29:23)

15. Rudi Minbatiwala - an equity fund that replicates 70/30 (00:31:28)

16. Rudi Minbatiwala - what's wrong with the traditional approach to dividend income (00:35:13)

17. Rudi Minbatiwala - owning WiseTech & Xero (00:44:13)

18. Rudi Minbatiwala - best balancing retiree income needs (00:45:50)

19. Anne Marie Bernard - career background (00:48:19)

20. Anne Marie Bernard - fostering culture (00:49:05)

21. Anne Marie Bernard - culture not just renumeration (00:50:00)

22. Anne Marie Bernard - what can jeopardise culture (00:51:20)

23. Anne Marie Bernard - defining culture (00:52:09)

24. Anne Marie Bernard - renumeration issues (00:53:06)

25. Anne Marie Bernard - identifying individuals adding value (00:55:05)

26. Anne Marie Bernard - dealing with star stockpickers (00:55:44)

27. Anne Marie Bernard - succession planning (00:56:58)

28. Anne Marie Bernard - 'reverse mentoring' to help different age groups connect (00:58:21)