Diving Deeper into Listed Investment Companies (LICs)
Continuing on from our first article on Listed Investment Companies (LICs), today we’re going to dive further into how LICs differ from unlisted managed funds, and some of the benefits and risks involved. As a quick refresher,…
Financial Products
Understanding Listed Investment Companies (LICs)
What is a Listed Investment Company (LIC)? LICs are companies listed on the stock exchange that are essentially managed funds in a company structure. That means they can pay out franked dividends (if declared) and are…