No ASX ETF holds WAM Capital (WAM) as of 15 Oct 2026. Over the last 3 months it fell 34.4%: on $10,000, −$3441. We explain 1 big move in that time.
About WAM
- IndustryNot Applic
- Size$1.2b
- Held by0 ETFs
- Big moves1 in 3M
Each dot is a move we explain. Tap one, or a row of Why it moved, to see what caused it.
Why it moved
Held by 0 ETFs
No ETF we track holds WAM directly.
Why did WAM fall 18.5% on 28 Aug 2026?
WAM Capital
WAM Capital likely fell sharply due to an ex-dividend date or dilution effect from the recently completed $172.4 million WAM Income Maximiser entitlement offer flowing through to the broader Wilson Asset Management fund complex, weighing on WAM.AX specifically.
No direct ASX announcement from WAM.AX was found in the 18-hour window, and the Materials sector moved only marginally (+0.18%), ruling out sector or macro drivers. The most prominent recent news across the Wilson Asset Management group is the $172.4m WAM Income Maximiser (WMX) entitlement offer completing on 25-26 August, alongside WAX reaching 52-week lows and a reduced franking outlook — collectively signalling capital allocation stress and dilution concerns across the WAM fund family that could reprice WAM.AX. However, the absence of a direct WAM.AX announcement and the 11% magnitude being unusually large for a capital raise overhang leaves meaningful uncertainty, so confidence is moderate.
Written by a language model from the evidence below, and it can be wrong. Tell us and we will fix or remove it. General information only, not financial product advice. It does not consider your objectives, finances or needs. Past performance is not a guide to future performance.
Evidence
News coverage
Sector / macro signals