Managed Funds trading information
Listed Investment Companies (LICs) and Absolute Return Funds (ARFs) trade through the ASX Trade platform and clear and settle through CHESS in the same way as any other share on ASX.
LICs can trade at a premimum or a discount to the value of their underlying value assets. LICs are required to report the value of their underlying assets as expressed on a per share basis to the ASX on a monthly basis. The information to be supplied as a company announcement must be received by the close of business on the 14the day of each month.
ASX compiles and published the premium and discount information in a table format on a monthly basis.