ASX:ARC

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ARC Funds Says Stake of Netwealth Entities Falls to 5%

ARC Funds (ASX:ARC) said the Netwealth Group (ASX:NWL) entities' voting power in the firm fell to 5.45% on Wednesday from 6.48%, according to a Friday Australian bourse filing.The entities hold 4.9 million ordinary shares of the firm as of Wednesday.

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