Tag: buying LICs at a discount

ASX LIC Performance Comparison – Not A Happy FY19

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”

Have We Learnt Nothing from Investing in Closed End Funds / ASX LICs in the Last 30 Years?

This blog post is referring to a very old study of Closed End Funds (CEFs) that I read this year. CEFs are the equivalent of what Australian investors usually refer to as ASX Listed Investment Companies (LICs). The study discusses in detail the typical life cycle of CEFs. It talks about why they often swing from premium to discount, and then back to NAV in a fickle manner. Continue reading “Have We Learnt Nothing from Investing in Closed End Funds / ASX LICs in the Last 30 Years?”

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.”