Listed investment trusts providing new opportunities in fixed income

Peter Rae

Until recently there have been few opportunities for investors to gain fixed interest exposure by investing in listed investment companies and trusts. The listing of MCP Master Income Trust in October 2017 breathed some new life into the sector and the number of fixed income opportunities continue to grow. In... Show More

12-month LIC returns remain positive despite falls in March quarter

Peter Rae

In its latest Monthly LMI Update, Independent Investment Research takes a look at listed managed investment returns for the past quarter and 12 months and highlights the best performing LICs/LITs over the past five years. We also highlight the five largest discounts and premiums to pre-tax NTA and take a... Show More

Listed managed investments: 2017 in review

Peter Rae

2017 was a good year for global equity markets and this was reflected in the performance of listed managed investments, with those focused on international equities delivering the best returns. With global markets now displaying greater volatility and some major falls over the past week, performance of individual LMIs in... Show More

If 24 LICs ran the Melbourne Cup... which would be our favourites?

Daryl Wilson

To win the Melbourne Cup requires a horse that is well trained, has a great jockey, and importantly hasn’t been hit too hard with a weight handicap from the stewards. To win the "Affluence LIC Cup", an LIC requires many of the same attributes... Show More

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An eclectic mix of five global picks

Livewire Exclusive

It is hard to find value in the Australian market, and harder to find truly world-class companies leveraging global trends. So, some of the smartest investors in the market are investing offshore to achieve this. A few months ago, Livewire asked five global specialists for their best stock idea at... Show More

Large cap LICs outperform small caps in FY17

Peter Rae

In its latest LMI Monthly Update, Independent Investment Research looks at the performance of the LIC sector over the 12 months to 30 June 2017. The Australian large cap share focused LICs benefited from solid market performance over that time with the five largest LICs delivering an average portfolio return... Show More

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Five LICs at a discount to NTA

Peter Rae

In its latest LMI Monthly Update, Independent Investment Research takes a look at why listed investment companies trade at discounts and premiums to net tangible asset value. We also take a look at five LICs that are currently trading at large discounts to NTA, look at some of the reasons... Show More

Listed Managed Investments: Quarterly Review

Peter Rae

(LICs), listed investment trusts (LITs), and exchange quoted managed funds (EQMFs). At 31 January 2016, there were 96 LICs and LITs on the ASX, with a collective market capitalization of $ 31.6B. There are a number of new LICs in the pipeline including URB Investments, Contango Global Growth, Plato Income... Show More

IIR Research Rating - Forager Australian Shares Fund (ASX: FOR) - Initiation of Coverage

Independent Investment Research

The Forager Australian Shares Fund was launched in 2009 and is managed by Forager Funds Management Pty Ltd. The Fund is based on a long-only, high conviction Australian equities mandate and is managed by a small, but capable and proven investment team. The portfolio is overwhelmingly comprised of small... Show More