Hearts and Minds Investments Limited (ASX: HM1)

Hearts and Minds Investments Limited (ASX: HM1) is a unique Listed Investment Company (LIC) with a philanthropic mission. It was established to provide investors with a single access point to a portfolio of the highest-conviction stock ideas from a curated group of prominent Australian and global fund managers. The company operates on a pro-bono model where fund managers, service providers, and the board waive their usual fees and instead, the company donates an amount equivalent to 1.5% of its net tangible assets (NTA) per annum to designated Australian medical research institutes.