At 30 September 2016 there were 88 listed investment companies (LICs) and listed investment trusts (LITs) with a collective market capitalisation of $29.8B.
So it is easy for investors to build a diversified portfolio by investing in this sector.
The latest Independent Investment Research (IIR) Quarterly LMI Market Review provides detailed coverage of 35 listed investment companies, listed investment trusts and exchange quoted managed funds including commentary, investment views and ratings. We look across a number of sectors and investing strategies and provide insight into performance, discounts and premiums to NTA.
Access the full report here.