Class Limited IPO, page-7

I'm a CA in public practice that migrated our 150+ SMSF clients over to Class 2 years ago. No regrets, it saves us time with the automatic data feeds from banks & brokers etc.. Our entire industry is busy migrating to the cloud, from MYOB & Reckon to Xero. From Desktop Super to Class. Clients like seeing their entire SMSF on a report - not just the stockbrokers report which contains some of the fund's assets. Class also aids SMSF auditors with integrated property valuations and actuarial reports from 3rd parties. A one stop shop that makes it a no brainer for the practitioner.

Class most definitely won't become a market leader in the long run but it will experience considerable growth over the next few years as the smaller/medium firms complete the migration for their baby boomer (and Gen X) clients. I would expect Class to one day be a tasty morsel for a bigger fish. Consider the OFX & VED journeys.

Enjoy the ride peeps - shares will be scarce since a large chunk of the IPO allocation was to customers like me using their own SMSFs who will most definitely be holding for the long run and the juicy dividend yield.

Cheers Nachode