lics

Around $27 billion worth of active ETFs, across 76 products, are available in Australia as of 28 February. What are the benefits of these structures? This wire helps...

In this edition of the IIR LMI monthly update, we take a look at the key news for the sector in February as well as take a look at the 1H'FY22 dividends/distributions...

Bell Potter analyst Hayden Nicholson provides helpful insight on how investors can best unlock value in options/convertible securities in the listed investment company...

'Buying a dollar for 80 cents' is an old investing cliche that's rarely taken literally these days. In a bygone era, 'net-nets' - stocks trading below the value of...

The chart on LICs you don’t see in the media Just as all leading equities market indices are based on a market cap weighted methodology, on a FUM or market cap...

While the listed investment company (LIC) sector has grown 32% during the past financial year, underperforming LICs - particularly those that...

Listed investment companies and exchange-traded funds have had nothing short of a stellar financial year, with funds under management skyrocketing in the 12 months...

We’ve previously written about how the 14-month period from 31 January 2020 to 31 March 2021 provided the perfect opportunity to assess whether your fund manager has...

As with most things, the listed investment company structure has both benefits and drawbacks. But LICs can be appropriate investment vehicles for shareholders of all...

Monash Investors hit headlines recently when it dropped the fund's Listed Investment Company (LIC) structure for a more favourable Exchange-Traded Managed Fund (ETMF)...

With reporting season well and truly behind us, we thought we’d take a look at the state of LIC balance sheets as it pertains to dividend coverage. The company...

Continuing with our analysis of the COVID effects on the LMI sector in our last edition, this month we look at the effects on dividends/distributions paid over the...

This month we take a look at the impact and recovery of listed managed investments (LICs and LITs) from the COVID-19 downturn in 2020. 2020 was certainly a...

2020 started with controversy over stamping fees paid on LICs/LITs at IPOs. I did not have strong views on the stamping-fee issue but was critical of the quality of...

The LIC/LIT sector copped a lot of criticism over the last 12-months in relation to the apparent mis-selling of new issues and conflicts of interest. We have no...

In the September 2020 LMI Monthly we dive into two topics. First, an article provocatively entitled ‘3 Ways to Clean Up this Munted Shitshow’ examines what LIC/LIT...

Value investors have long searched for the opportunity to ‘buy a dollar for 80 cents’, but for investors in Listed Investment Companies (LICs) this is not just an...

There are now over 100 Listed Investment Companies (or LICs) and Listed Investment Trusts (or LITs) available for investors to choose from on the Australian Stock...

In the AFR today I write that this is a great day for all Australian financial advisers and investors, and a brave decision by the Treasurer Josh Frydenberg, which...

When picking stocks, it’s widely accepted that buying high quality businesses at a discount to their value is the best path to long term success. When choosing great...