LIC managers: finding your perfect match

How to select the best managers with nothing more than a prospectus and Google.

Summary: When researching listed investment companies, look for the long term track record and incentives for the management team. Through using search engines and the LIC’s prospectus and reports, you can get a sense of which managers have significant skin in the game, where managers have worked previously, how many other portfolios they have demanding their attention, and whether they are willing to engage with shareholders and the media in a meaningful way.

Key take out: If an LIC ticks none of the boxes below, I would avoid it. Make sure you understand the motivations and investment processes of managers before investing.

Key beneficiaries: General investors. Category: LICs.

{{content.question}}

Mastercard

{{ twilioFailed ? 'SMS Code Failed to Send…' : 'An SMS verification code has been sent ...' }}

Hi {{ user.FirstName }}

Looks like you have already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to complete your SMS verification

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to proceed...

Please check your mobile number below and press the Send Verification Code button. This will be used to complete your verification in the next step.

Please sign up for full access

Mastercard

Updating information

Please wait ...

Trial

Mastercard
{{ productPrice }} / day
( GST included )
Price $0
GST $0
Discount -{{productDiscount}}
TOTAL {{productPrice}}
  • Mastercard
  • Visa

Please click on the ACTIVATE button to finalise your membership

Mastercard

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device


Register as a new member

(using a different email)

Related Articles