Tuesday, 25 January 2022

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10 little-known pension traps prove the value of advice Check eligibility for the Commonwealth Seniors Health Card Hamish Douglass on why the movie hasn’t ended yet Start the year right with the 2022 Retiree Checklist At 98-years-old, Charlie Munger still delivers the one-liners

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Home / Discount

Discount

1-8 out of 8 results.

LICs need a genuine raison d’etre

Don Hamson
30 June 2021
15

The Listed Investment Company structure is under siege, but for the right type of asset and manager, it still carries strong appeal. Every LIC should review whether it has a genuine reason to exist in this form.

International LICs can have a fully franked future

Russel Pillemer
15 July 2020

Australian investors usually turn to local shares to generate fully franked dividends, but it is possible for a global equity fund to have the same mandate in a broader universe of stocks.

Five famous investors with cheap listed funds

Graham Hand
10 June 2020
42

Why invest in an unlisted fund by a well-known, experienced fund manager when the equivalent listed fund is offered at a substantial discount? Maybe there's a structural problem to fix here.

Managing LIC discounts and premiums

Peter Rae
11 September 2019
3

Many Listed Investment Companies, or LICs, have developed persistent discounts to NTA in their share prices, and buyback programmes are struggling to have much impact. See also the latest update on new issues in the LIC space.

Watch for LICs that never return to par

Will Gormly
6 February 2019
3

Some investors buy LICs at a discount in the hope of extra gain when the discount is removed, but it might never happen. There's a way of judging the discount relative to its historic norms.

The merits of investing in LICs at a discount

Peter Rae
6 June 2018
1

It's important to consider why a LIC is trading at a discount, as what might appear good value worth buying may be built into the price for many years, and the discount may even worsen.

A checklist for buying LICs at a discount

Julia Stanistreet
28 February 2018
5

Plenty of LICs trade at a discount to their NTA value, often for good reasons, but there are opportunities to benefit from a narrowing of the discount if an investor knows what to look for.

Why LICs trade at premiums or discounts

Chris Stott
16 October 2014
8

The surge in popularity of listed investment companies has seen the erosion of the average price discount relative to net assets. Whether a LIC is likely to trade at a discount or a premium should inform your decision to invest.

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At 98-years-old, Charlie Munger still delivers the one-liners

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