It has been a tough environment for active managers, so I thought I would take a look at a performance comparison of the most popular ASX LICs.Continue reading “ASX LIC Performance Comparison – Not A Happy FY19”
A simple game I used to like playing as a kid was spot the difference.
It is not unusual for ASX Listed Investment Companies (LICs) to play their own version of the game. Continue reading “Playing Games with LIC Performance Reporting.”
I realise many of the readers here may already have come across this article from Daryl Wilson at Affluence Funds Management but felt it was worth a mention. This fund manager specialises in ASX LICs. I tend to agree with many of their views in articles I come across and this was no exception. I thought I would just comment further down about how some of the themes they brought up in the article may be impacting my own decision making. Continue reading “A good reminder on some themes to consider in LIC’s over the next year.”
Advantages of these ASX LICs well documented from the likes of the Barefoot Investor and financial media in general.
The positives of the older, low fee ASX LICs I feel are very well known and covered. They have usually got a good run in the financial press from the likes of the Barefoot Investor, and deservedly so. I personally think they have been excellent investment products for so many for such a long time. I particularly like the positive influence they have had on investors helping them with the behavioural aspects. i.e. sticking the course and seeing the benefits of compounding, highlighting dividend returns and benefits from not overtrading, including taxation benefits.
Now for the other side..
Now for the section where I might receive some negative feedback!