Category: ASX LICs

LAZY 2020 ASX LIC BASED PORTFOLIO – & reflecting on 2019

The idea for this lazy portfolio experiment was for it to track a portfolio that required little thinking and tinkering. In keeping up with the lazy theme I shall try and make this post relatively brief (well only in comparison to my last blog post anyway), as it is nearing Christmas and time for a break! To those who are not familiar with this hypothetical portfolio experiment, here is a link to the background for how it started.

Continue reading “LAZY 2020 ASX LIC BASED PORTFOLIO – & reflecting on 2019”

TIME TO BUY FIXED INCOME CLOSED END FUNDS LISTED ON THE ASX?

In this post I am going to explore how I think about the new wave of ASX listed fixed income closed end funds (CEFs). To be clear, I am not referring to various fixed income ETFs that are open ended. Regarding the CEFs in this sector, I am not very optimistic from this point in time. Well that is unless you are the fund managers offering them. They are clipping some juicy fees and as a result appear addicted to issuing more shares.

Continue reading “TIME TO BUY FIXED INCOME CLOSED END FUNDS LISTED ON THE ASX?”

Guest Post – The ‘Melbourne Cup of LICs’: Our form guide and three favourites

This is a guest post that I thought would be of interest to my readers. It is in the spirit of Melbourne Cup Day, so I will be tempted soon in having my own punt on a LIC trifecta in the comments section at the end (feel free to do the same). Please read below to find out more about the author. (Note I have no affiliation with the below author / business).

Continue reading “Guest Post – The ‘Melbourne Cup of LICs’: Our form guide and three favourites”

ASX LICs and Claytons Buybacks

I am not sure where I first read of someone describing a buyback of the “Claytons” variety, but ASX Listed Investment Companies are relevant to this topic. Perhaps I first read about Claytons buybacks here. Since then though it is always in my mind when I look at certain companies release their buyback announcements, especially LICs. Continue reading “ASX LICs and Claytons Buybacks”

LIC Investing – 10 factors to check before buying.

A checklist for buying ASX Listed Investment Companies (LICs)

When I look back at my investing mistakes, one common theme is rushing into a new purchase. I find I have usually done better when a number of months pass until I begin accumulating a position in a new idea.

When investing in LICs I try to make sure I have considered numerous factors first. That helps me avoid getting itchy fingers and hitting the buy button quickly. Continue reading “LIC Investing – 10 factors to check before buying.”

LAZY 2019 LIC BASED PORTFOLIO. – thanks to Sharesight discount offer.

It is approaching that time of year where I am looking forward to some lazy time having a beer or two whilst watching the Boxing Day Test Match on TV. I thought it was also worth discussing how a lazier way of investing can work. One that involves its fair share of ASX Listed Investment Companies (LICs). Continue reading “LAZY 2019 LIC BASED PORTFOLIO. – thanks to Sharesight discount offer.”

AVOID ASX LIC IPO CONFLICT OF INTEREST & BUY FGX ASX?

Within the active v passive investing debate I think it sometimes focuses too heavily on active managers with large portfolios. I shall explore why active management can make sense with smaller portfolios. Continue reading “AVOID ASX LIC IPO CONFLICT OF INTEREST & BUY FGX ASX?”

Unusual Fees in LICs?

There are now well over 100 ASX LICs. I must have looked reasonably closely at the fee structures of more than half of the current crop and have noticed a couple with unusual structures. I would be interested in the view from others about these features, and also if other LICs follow a similar arrangement? Continue reading “Unusual Fees in LICs?”