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Summary of LIC performance over a solid year

Discussion in 'Listed Investment Companies (LIC) and Trusts (LIT)' started by twisted strategies, 10th Aug, 2017.

  1. twisted strategies

    twisted strategies Well-Known Member

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  2. twisted strategies

    twisted strategies Well-Known Member

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    Seven checks for choosing the best LIC

    Seven checks for choosing the best LIC - Cuffelinks


    of those mentioned i hold

    CDM ( largest LIC by $value and 7th largest holding )

    BKI

    HHV

    WIC

    OZG

    WAX ( at no cash risk )

    CAM ( 2nd largest LIC by $value and 10th largest holding )

    i try to buy a LIC while it's mandate is out of favour ( normally a discount to NTA and when historic yields are fairly good )

    ( BST remains the exception , but am expecting the strategy to mature in time )
     
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  3. money_penny

    money_penny Member

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    Handy summary - thanks for sharing
     
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  4. twisted strategies

    twisted strategies Well-Known Member

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    having a lot of cash on the sideline is not appropriate for me , , i need the capital working ( harder than TD interest .

    so always trying to think of new tweaks and twists
     
  5. kimbo88

    kimbo88 New Member

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    New to this forum but has been in PC for sometime

    Is there a link somewhere to look up up to date information on LICs NTA and the share price premium/discount ? Thanking you in advance
     
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  6. twisted strategies

    twisted strategies Well-Known Member

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    try

    Latest LIC and ETF updates - Cuffelinks
    by Graham Hand on October 8, 2017

    Watch premiums and discounts in LICs - Cuffelinks

    by Leisa Bell on March 23, 2017

    please note this is old ( more than 1 month )

    new research should be published before Xmas ( however it does give you some to start slimming down the list )

    personally i do NOT use NTAs
    as a major guide some LICs i hold ,change the portfolio markedly through out the year , WAX for one example

    WAX is a very different portfolio to when i bought in during Sept. 2011 , CDM has changed a lot , as has HHV , while CAM has even modified their investment style

    search this forum for austing ( a member here ) he often posted LIC related info from other sources

    good hunting
     
  7. kimbo88

    kimbo88 New Member

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    Thank toy Twisted! Yes I am reading on Austing thread on LIC for beginners too
     
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  8. twisted strategies

    twisted strategies Well-Known Member

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    in my opinion , austing does deserve the special mention

    good hunting
     
  9. Huon

    Huon New Member

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    Australian ETF and LIC fund list, blogs, news Would be a favourite site of mine (etfwatch.com.au).
     
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