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Which is best - passive or active investment management?

Discussion in 'Listed Investment Companies (LIC) and Trusts (LIT)' started by twisted strategies, 24th Jun, 2018.

  1. twisted strategies

    twisted strategies Well-Known Member

    Joined:
    3rd Nov, 2013
    Posts:
    901
    Location:
    QLD
    Which is best - passive or active investment management? - www.thebull.com.au


    i like to buy both styles but when they are unpopular ( normally at a discount )

    for example WAX in Sept. 2011 @ 70c

    which very hard to correlate due to the high turn-over in the LIC portfolio

    Balance Date Dividend Type Cents per share Ccy Franked % Ex-Dividend Date Books Close Date Pay Date
    31/12/2017 Interim 4.750 AUD 100.00 12/04/2018 13/04/2018 27/04/2018
    30/06/2017 Final 4.500 AUD 100.00 17/10/2017 18/10/2017 27/10/2017
    31/12/2016 Interim 4.500 AUD 100.00 06/04/2017 07/04/2017 21/04/2017
    30/06/2016 Final 4.250 AUD 100.00 17/10/2016 18/10/2016 28/10/2016
    31/12/2015 Interim 4.250 AUD 100.00 13/04/2016 14/04/2016 29/04/2016
    30/06/2015 Final 4.000 AUD 100.00 12/10/2015 14/10/2015 23/10/2015
    31/12/2014 Interim 4.000 AUD 100.00 18/05/2015 20/05/2015 28/05/2015
    30/06/2014 Final 3.750 AUD 100.00 13/10/2014 15/10/2014 24/10/2014
    31/12/2013 Interim 3.750 AUD 100.00 11/04/2014 17/04/2014 30/04/2014
    30/06/2013 Final 3.500 AUD 100.00 18/10/2013 24/10/2013 31/10/2013

    less impressive in the capital gains department is WIC averaged down to 99c ( i started buying in July 2011 )

    Balance Date Dividend Type Cents per share Ccy Franked % Ex-Dividend Date Books Close Date Pay Date
    31/12/2017 Interim 3.000 AUD 100.00 31/01/2018 01/02/2018 20/02/2018
    30/06/2017 Final 3.000 AUD 100.00 07/08/2017 08/08/2017 24/08/2017
    31/12/2016 Interim 3.000 AUD 100.00 01/02/2017 02/02/2017 20/02/2017
    30/06/2016 Final 3.000 AUD 100.00 08/08/2016 09/08/2016 25/08/2016
    31/12/2015 Interim 3.000 AUD 100.00 01/02/2016 03/02/2016 19/02/2016
    30/06/2015 Final 4.500 AUD 100.00 07/08/2015 11/08/2015 27/08/2015
    31/12/2014 Interim 4.500 AUD 100.00 06/02/2015 10/02/2015 24/02/2015
    30/06/2014 Final 4.500 AUD 100.00 07/08/2014 11/08/2014 25/08/2014
    31/12/2013 Interim 4.500 AUD 100.00 28/01/2014 03/02/2014 17/02/2014
    30/06/2013 Final 6.000 AUD 100.00 02/08/2013 09/08/2013 15/08/2013

    (DYOR)
     
  2. twisted strategies

    twisted strategies Well-Known Member

    Joined:
    3rd Nov, 2013
    Posts:
    901
    Location:
    QLD
    oops !!!

    sorry a double post

    the wretched ISP is plting up again