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Showing 141 - 150 of 151 results for "LICs"

LICs benefit from FOFA

ALISON BEVEGE  |  FRIDAY, 5 AUG 2011
... trailing commissions," he said. "That has changed... so it's a much more even playing field for us." A rule change that allows LICs to pay dividends as long as the have the liquidity, and not just from profits has also made a difference, Robinson said. ...

MLC wrap locks into SMSFs and managed accounts

ELISE BURGESS  |  THURSDAY, 27 JAN 2011
... funds, ASX listed shares and other listed securities, such as exchange traded funds (ETFs), listed investment companies (LICs), interest bearing securities and instalment warrants. Also incorporated into the new platform is a greater range of Adviser ...

Ratings firm expands fund coverage

ELISE BURGESS  |  THURSDAY, 27 JAN 2011
... coverage of 30 individual funds, with plans to expand its qualitative analyst research reports to listed investment companies (LICs) in Australia. As part of the coverage, Morningstar will complete both quantitative and qualitative analysis for each ...

Green light for Milton merger

ELISE BURGESS  |  TUESDAY, 14 DEC 2010
... planners now are looking for managed investment product that is done at a very low cost which performs well," "If you look at LICs, planners will be looking at the larger ones and Milton is now the third largest with $2 billion," said Gooch. "So we feel ...

Fee-for-service products gain pace

ELISE BURGESS  |  FRIDAY, 12 NOV 2010
... investment company Global Mining Investments (GMI) earned a 'Recommended' rating by research house Lonsec after catering its LICs approach for commission-free planners. "Fee-for-service financial planners are increasingly attracted to LICs such as GMI ...

LICs versus ETFs

ELISE BURGESS  |  THURSDAY, 9 SEP 2010
The issue of LICs and their younger cousin ETFs has risen yet again with a new Russell Investment report comparing the two investment vehicles, urging planners to look into ETFs as a new investment option. The benefits of such options include no entry ...

Another LIC fails

MICHAEL HOBBS  |  THURSDAY, 8 JUL 2010
... scale. He believes an LIC needs $400 million in capital to trade and function appropriately. "Out of 25 [locally listed] LICs, 21 are trading at discount to NTA," he said. "There is an LIC [listed on the ASX] that's around $230 million and it's still ...

Dixon and van Eyk stand-off

MICHELLE BALTAZAR  |  TUESDAY, 25 AUG 2009
... company. This is the second time Dixon Advisory has been in the limelight for acting on behalf of clients who have invested in LICs that are trading, or have traded, at a heavy discount to their net asset value (NAV). In June, the group called to replace ...

Dixon criticises Premium buy-back scheme

MICHAEL HOBBS  |  WEDNESDAY, 8 JUL 2009
... and underlying value," he said. "As a point to other shareholders, we think that not many people get a voice, we think that LICs that have liquid underlying investments there's really no excuse for a board to allow it to trade at a significant difference ...

S&P gives local LIC thumbs down

... stockbrokers." GMF is a listed investment company (LIC) with a similar structure to an ordinary company and trades as shares. LICs are funded by shareholders which, in the case of GMF, then uses the funds to invest in global assets. GMF are concentrated ...