LIC suggestions

I am keen to invest in LICs as part of my SMSF portfolios. Can you suggest the top five?

Thanks

A: Thanks for the question, but you will need to be more specific about the type of market/sector risk you want..
Do you want broad based Australian equity exposure, small/micro cap, international equity exposure? If so,

Broad based:
Milton Corporation (MLT)
Argo Investments (ARG)

Midcap:
Wilson Asset Management (WAM) – but very expensive on a NTA basis

Small/Microcap
Contango Microcap (CTN).


Read Answer