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Showing 31 - 40 of 149 results for "LICs"

Superhero launches super offering

ELIZABETH MCARTHUR  |  WEDNESDAY, 28 JUL 2021
... time to say no to this." Through Superhero Super, members will be able to invest their super in ASX-listed shares, ETFs, and LICs - completely of their own choosing. "We have built a super fund that offers true engagement, offering members greater control ...

FSC launches DDO templates

ANNABELLE DICKSON  |  THURSDAY, 8 JUL 2021
... TPD insurance; superannuation master trusts (choice products); superannuation wraps; funds management (covering ETPs and LICs); and managed accounts. "Eighteen months ago we started on this time-critical piece of work, designing target market determination ...

ASIC looks to tighten crypto ETP oversight

JAMIE WILLIAMSON  |  WEDNESDAY, 30 JUN 2021
... types of investment entities for example, ETPs that invest in cryptoassets should not be at a competitive disadvantage to LICs," ASIC said. The regulator is also proposing the creation of a new asset kind when it comes to applying for an AFS licence ...

WAM Global to acquire LIC

KANIKA SOOD  |  TUESDAY, 29 JUN 2021
... made a similar move in looking to acquire LIC Milton Corporation, where SOL already had a shareholding. However, both those LICs trade at a premium to the underlying value of their assets.

LIC restructures to ETMF

ELIZABETH MCARTHUR  |  THURSDAY, 10 JUN 2021
... five-year returns of 9.7% after fees and nine-year returns of 12.2%. Shields was blunt in his assessment of the problems with LICs as structures and the issue of LICs trading at discount. He even went as far as to say it was "besmirching" the name of ...

AustralianSuper adds gold ETF to menu

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 MAR 2021
... allows some members a choice of investments for their super or retirement income. The menu includes exchange traded products, LICs, term deposits and cash but GOLD will be the only product that offers exposure to the commodities sector through an ETP ...

PIMCO eyes ETFs

KANIKA SOOD  |  MONDAY, 22 FEB 2021
... billion listed investment trust (LIT) but pulled the brakes as Treasury announced a public consultation on stamping fees for LICs and LITs. Treasury eventually removed stamping fees from LICs and LITs, which were allowed to pay financial advisers and ...

LICs show sign of struggle

ANNABELLE DICKSON  |  WEDNESDAY, 16 DEC 2020
Demand for listed investment companies (LICs) has decreased significantly due to heightened investor interest in exchange traded products (ETPs), managed accounts and mFunds. The latest Rainmaker Information Wholesale Advantage Report show LICs previously ...

GSFM sizes up ETFs with Munro launch

KANIKA SOOD  |  MONDAY, 2 NOV 2020
... the multi-boutique has been eyeing the listed space for some time. MAET is its first such product. It doesn't have any LICs or LITs. GSFM and Munro built the product in-house, as opposed to using an established ETF provider, such as BetaShares which ...

Benchmark-lagging LIC faces strategic review

ALLY SELBY  |  TUESDAY, 6 OCT 2020
... by Templeton Global Equity Group, a subsidiary of Franklin Templeton Investments, and while it boasts a history that "few LICs can match", the fund has persistently traded at a discount to NTA. As of September 25, TGG reported a NTA before tax of $1.38 ...