It was a big year for Listed Investment Companies (LICs) and Exchange Traded Funds (ETFs), both finishing 2018 with about $40 billion on issue and vying for top spot on the ASX. Here are some 2019 expectations.
Tag Archives | LMIs
Australian LICs and ETFs are holding about $65 billion listed on the ASX, and although the unlisted managed fund is significantly larger, listed trusts are gaining market share. Our Education Centre has the latest data.
LICs have generally retained their dividends despite some softness in income received from underlying investments, and three prominent, longstanding LICs are worth a look at current prices.
Independent Investment Research has released its December Quarter 2016 review of the performance of the 34 LIC’s under its coverage. Understand the premiums and discounts to NTA before investing.
With the majority of Listed Investment Companies reporting lower earnings in the six months to 31 Dec 2016, it’s the LICs with adequate profit reserves that can offer dividend sustainability for investors.
Independent Investment Research’s January 2017 review of LICs explains recent rating suspensions, new fund listings on the ASX as well as pricing and performance data.