Managed Funds
What are Managed Funds?
Listed managed funds hold and manage a portfolio of assets on behalf of their investors and can include a variety of assets. Buy and sell decisions are made by an investment professional on behalf of an investor.
Why trade Managed Funds?
Listed managed funds are a convenient way for investors to diversify their investments while accessing the benefits of ASX. These include ease of trading, settlement certainty and market supervision.
Anne Fulwood talks to Jonathan Morgan, ASX
Listed Investment Companies, or LICs as they are commonly known, have been available on the ASX for over 70 years. They have proven to be a cost-efficient and easy way to access the market. Professional investment managers put a portfolio together and we, the investor buy into that collective group. There are now 60 LICs on ASX to choose from, ranging from diversified portfolios of Australian and/or international shares, to resource based funds. LICs invest in a range of both listed and unlisted companies.

