Listed investment company

I’m interested in buying a listing investment company – have you have any recommendation?

Thank you.

A: Thanks for the question.

Are you talking about LICs that invest in a broad based selection of shares (such as AFIC, Milton or Argo), or LICs that specialize – for example, in Microcaps (such as CTN)?

You might like to look at my article on LICs vs ETFs (from a couple of months back) – the link is here.

Obviously, a big issue with LICs is the premium or discount they are trading at.


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