ASX:WHF

Corporate activity increases in the listed investments sector

Peter Rae

Whilst the number of listed investment companies and trusts continues to grow due to new offers coming to market, there has been an increase in the amount of corporate activity in the listed managed investment space over recent weeks. Show More

Listed Managed Investments: Quarterly Review

Peter Rae

In its latest Quarterly LMI Market Review, Independent Investment Research (IIR) provides detailed coverage of 47 listed investment companies, listed investment trusts and active ETFs including commentary, investment views and ratings. We have coverage across a number of sectors and investing strategies and provide insight into performance, discounts and premiums... Show More

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13 LICs at a discount

Peter Rae

In its latest LMI Monthly Update Independent Investment Research discusses why LICs trade at a discount to NTA and highlights 13 LICs trading a discount of more than 5% to pre-tax NTA. It discusses some of the reasons LICs trade at a discount and looks at some potential catalysts for... Show More

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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

International LICs Performing Strongly

Peter Rae

In its latest Monthly Listed Managed Investments Update, Independent Investment Research looks at the performance of listed investment companies and listed investment trust for the 12 months to 30 September 2017 and found that LICs with an international focus were the best performers, with one LIC delivering a portfolio return... 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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LIC Reporting Season Wrap – Dividends Hold Up

Peter Rae

For the reporting season just finished there were 24 listed investment companies covered by Independent Investment Research that reported full year results. Out of this 24, there were 14 LICs that experienced earnings declines. This reflected lower dividend income, particularly for those LICs that have capital account status, and also... 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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Finding value amongst small-cap LICs

Peter Rae

Small-cap shares have underperformed the broader market over the past 12 months and, on some metrics, the sector appears reasonable value. However, investing in small-caps can be a riskier proposition and in recent weeks a number of small-cap company share prices have been hit hard by revenue and earnings downgrades.... Show More

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QV Equities: An opportunity to invest outside the top 20

Peter Rae

Independent Investment Research has initiated coverage of QV Equities (ASX:QVE) a listed investment company (LIC) that invests in a diversified portfolio of ASX listed entities outside the S&P/ASX 20 Index. QVE is managed by Investors Mutual Limited (IML), a long established and experienced investment management company with a proven track... Show More

LICs hold dividends steady despite lower profits

Peter Rae

In our latest Monthly LMI Update, Independent Investment Research looks at performance across the listed investment company (LIC) sector. With company reporting season underway, a number of the large cap focused LICs have already reported their earnings results. A general theme running through these results is that reported earnings are... Show More

Small cap focused LICs still shine

Peter Rae

The performance of mid/smallcap focused listed investment companies (LICs) continues to reflect the strong performance of the small cap market sector over the past 12 months. The average portfolio return from the small/mid cap focused LICs for the 12 months to 31 October 2016 was 11.9% however, a number of... Show More

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Bell Potter LIC report: September Quarter

Bell Potter

Given that nearly 60% of the Listed Investment Companies (LICs) in our coverage have delivered strong outperformances over its benchmark over the last 10 year p.a. - we still see the compelling proposition a LIC presents in an investment portfolio. In our new LIC Quarterly, Analyst Nathan Umapathy profiles 42... Show More

Looking for value in the listed investment company sector

Peter Rae

In this month’s Independent Investment Research LMI Update we take a look at a number of listed investment companies that are trading at discounts to pre-tax NTA, but have produced strong returns over at least a three year period. From our performance tables we have identified nine LICs that were... Show More