A free kick on LICs

While investors are flooding into exchange traded funds, it's old-fashioned LICs – listed investment companies – that offer exceptional value.

PORTFOLIO POINT: After playing second fiddle to ETFs (Exchange Traded Funds), the listed investment company sector suddenly presents a great opportunity for investors.

Just when you thought ETFs were unbeatable, a range of factors have combined to present a real opportunity for investors in traditional listed investment companies (LICs).

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