Category: ASX LICs

ASX LICs PERFORMANCE 4 YEARS TO 2023, WHICH IS THE BEST vs INDEX ETFs?

Here is my medium term ASX LIC performance comparison of the most popular LICs against relevant ASX index ETFs.

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ASX LISTED INVESTMENT COMPANIES (LICs) PERFORMANCE FY 2022

The following table coming up captures the performance of many of the most popular ASX Listed Investment Companies (LICs) for the financial year of 2022.

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LIC Investing – 10 factors to check before buying.

A checklist for buying ASX Listed Investment Companies (LICs) shares

A list of 10 factors to check as a guide when to buy, scroll down for further explanations on each. (Written first a few years ago but still relevant for ASX LICs in 2021 & 2022 I feel!).

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ASX LIC PERFORMANCE FEES L1 CAPITAL, THORNEY, WAM CAPITAL, VGI PARTNERS

A recent AFR article reminded me once again about how ASX LIC performance fees are a very nice deal for the fund managers. The article quite rightly posed questions about how they are free to choose whatever benchmark they like. Then why they sometimes are rewarded substantially when the shareholders go backwards, and why there is no standardised format to present what their performance numbers actually are.

In fact it, is due to the issue of ASX LICs choosing all sorts of variations in performance reporting methods that I wanted to explore some LICs in particular. Have they earnt performance fees way out of line with the results they have achieved?

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AVOID THIS ASX LIC IPO!

How to buy ASX Listed Investment Companies (LICs)

Or not to buy?

Don’t fall for the hype of conflicted advice on ASX LICs IPOs and get hit with commissions

Warning fictional post about an IPO of an ASX Listed Investment Company (LIC). There is so much cheap money around I fear that if I don’t include such a warning, some will think this is real and want me to send them the prospectus! Continue reading “AVOID THIS ASX LIC IPO!”

Contango Income (WCM Global L/S) & WAM Capital SELECTIVE buyback

Contango Income Generator Limited (ASX:CIE),has recently been trading at a discount to NTA of circa 16%. An upcoming Extraordinary General Meeting (EGM) is set for July 14th. The business of the meeting is to:

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