Ann: April 2023 Investment Update, page-4

Quote - "Turns out no one can turn the tide of all capital going into ETFs."
Certainly ETF's seem to be the flavour of the month, BUT never forget that LIC's hold real assets being paid real dividends and at present several Wilson funds are yielding well over 10% with a couple near 14% per annum including imputation credits. In your pension fund you get all of that return. It is a little less than that in your DIY accumulation fund (because of the 15% tax) and less again as an ordinary investor (if your tax rate exceeds 15%), but still a very good return.

It is hard to believe this sort of return will not see an increase in investor interest and hence in share prices fairly soon.
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