lics

Equities
Vince Pezzullo

Select Harvest (ASX:SHV) is an Australian-based grower, processor and marketer of almonds and almond-based value-added products. The business owns and leases over 7,500 hectares of almond orchards across New South Wales, Victoria and South Australia and has two processing facilities located in Victoria. SHV has been held in the Perpetual Equity... Show More

Equities
Peter Rae

WAM Global (ASX:WGB) is a listed investment company that invests in a portfolio of global stocks. The focus is predominantly on small to mid-cap stocks although the portfolio does have some large cap holdings including Alphabet, the owner of Google. At 30 April the largest geographic exposure was to the... Show More

Funds
Patrick Poke

The last few years has been a golden age for LICs. Starting in 2013, the removal of commissions on unit trusts as part of the “Future of Financial Advice” (FOFA) reforms levelled the playing field. More recently, buoyant capital markets and fund managers looking for stable pools of capital have... Show More

Christopher Joye

In my column today I write "if only the RBA had its brilliant new research on the impact of interest rates on house prices back in 2013 when I warned them that their easy money policy would blow a huge housing bubble, as it subsequently did" (click on that link... Show More

Education
Patrick Poke

More than 50% of LICs on the ASX are currently trading at a discount, including more than 30% trading at a discount of 10% or more. Geoff Wilson AO, Chairman and Chief Investment Officer of Wilson Asset Management, says that buying LICs at a discount is like “a real-life Boxing... Show More

Fund in Focus
Chris Stott

Wilson Asset Management (WAM) was founded in 1997 by Geoff Wilson. Since then, WAM has gone on to launch seven LIC’s with over $3 billion in shareholder capital. The flagship fund, WAM Capital, has delivered 17.5% p.a. since inception (August 1999), outperforming the ASX All Ords by 9.2% p.a. Show More