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Authorities reveal disquiet over LIC fees

Discussion in 'Listed Investment Companies (LIC) and Trusts (LIT)' started by twisted strategies, 9th Jan, 2020.

  1. twisted strategies

    twisted strategies Well-Known Member

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    Authorities reveal disquiet over LIC fees

    i hold a range of LICs

    from 'low fees ' BKI up 4.5% ( bought in July 2016 ) to 'high fees ' WAX ( up 114% bought in September 2011 )

    and am not unhappy with any of the LICs i still hold ( i have sold some that weren't up to the task required )

    there are SOME LICs no longer listed that should ask questions of the regulators ( as well as the fund managers )

    is there an agenda here or are the regulators genuinely unsophisticated ( i run a mile from anything KKR has an interest in , for example ... and yet .... )

    ( DYOR )
     
    Last edited: 9th Jan, 2020
  2. twisted strategies

    twisted strategies Well-Known Member

    Joined:
    3rd Nov, 2013
    Posts:
    1,259
    Location:
    QLD