If you're tossing up between Washington H Soul Pattinson and PM Capital Global Opportunities Fund shares, you're looking at two different investment companies. One is an Aussie investment house with more than a century of history; the other is a globally focused LIC aiming to deliver long-term capital growth. Let's take a closer look at both.
Soul Patts, as it's fondly known, is one of the ASX's oldest investment companies.
Its 100% franking is a plus for Aussie income investors, and decades of consistent dividend growth add to its appeal. Soul Patts describes its goal as delivering shareholder returns via both capital growth and steadily increasing dividends — a dual focus.
PM Capital Global Opportunities Fund is a listed investment company set up to give Australians exposure to a portfolio of listed securities across global markets.
Soul Patts sports a much larger market cap, while PGF trades at a yield almost double, but doesn't provide standard profit metrics. PGF's income focus shows in its higher yield, while Soul Patts has outperformed on recent growth.
Over the last three weeks, Soul Patts' share price has oscillated between about $43.75 and $45.30, with a negative bias in the past few sessions but strong gains overall, consistent with its positive year-to-date return of 19.36%.
Long story short, Sol Patts has provided greater share price growth than PGF in 2026 so far.