Here is my medium term ASX LIC performance comparison of the most popular LICs against relevant ASX index ETFs.
Continue reading “ASX LICs PERFORMANCE 4 YEARS TO 2023, WHICH IS THE BEST vs INDEX ETFs?”Tag: wam capital performance
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.
Continue reading “ASX LISTED INVESTMENT COMPANIES (LICs) PERFORMANCE FY 2022”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?
Continue reading “ASX LIC PERFORMANCE FEES L1 CAPITAL, THORNEY, WAM CAPITAL, VGI PARTNERS”Well you might have to scroll until the end to see my two cents worth in regard to the above questions. Honestly I wouldn’t have a clue, but the world and markets are interesting now so I thought it is time for another blog post!
Continue reading “SHOULD I BUY ASX SHARES NOW?”