Listed Investment Companies Revisited

Listed Investment Companies or LICs are an investment class that has been listed on ASX for a considerable period – some for around 70 years. Sometimes considered as ‘a listed equivalent to managed funds’, LICs have significant differences that need to be understood and considered when determining if an appropriate investment. One such issue is that LICs provide an after tax return to investors paid as a dividend (often fully franked) which when compared with returns from investments quoted as pre tax, can mask the performance of an LIC.

Did you miss the face to face seminar?

Webinar version of this roadshow is now available

Listed Investment Companies Revisited

ASX Presenters: Jonathan Morgan
External Presenters: Argo Investments, Wilson Asset Management, Global Mining Investments, Whitefiled and Sylvastate Limited, AFIC
Presentation length: the presentations will run for 90 minutes.
Target audience: Investors that have already chosen to use LICs in their portfolios seeking an update on the status of this investment class, investors who may not have considered LICs as an investment suited to their needs, advisers who may be looking for a straight forward low cost way to gain diversified exposure to equities for clients and advisers currently using LICs with client portfolios seeking to revisit the basics of LICs.
Questions:  if you would like any further information about the session please email managed.investments@asx.com.au

The roadshow presentations provided investors with the opportunity to learn:

  • The range and styles of LICs – around 60 are listed on ASX
  • Asset backing and NTA comparisons
  • Franked dividends and the benefits afforded to SMSFs
  • Incorporation of LICs in portfolios
  • Recent performance through GFC and beyond