International LICs Performing Strongly

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 of 30%. The strong performance of these LICs over the past year, which significantly beat the returns of the Australian market, highlights the benefits to investors of a diversified portfolio with a proportion in international equities. It also highlights that investors can achieve international exposure and returns by investing in LICs and listed investment trusts. Read the full report for more details.