Argo Investments (ASX:ARG)
Jason Beddow
MD
Market Cap (AUD): 5.3B
Sector: Financials
Last Trade (AUD):
7.42 +0.06 (+0.82%)
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1. About
Argo is a long-term investment company listed on the ASX. Argo Investments Limited was established in 1946 and offers investors a professionally managed, diversified and easily tradeable exposure to the Australian equity market, without the need to pay fees to an investment manager.
As a listed investment company, Argo has a closed-end structure, unlike many unlisted managed funds. A key advantage of a closed-end listed fund is that the investment portfolio is insulated from investor inflows and outflows, as Argo shares are traded between buyers and sellers on the share market.