After looking at them all earlier this year I started buying AUI simply because they seemed to have similar characteristics to AFI and ARG (but lower liquidity), comparable holdings and costs but were trading at a much better NTA discount at the time. I also think they've maintained a progressive dividend to date.
I initially laughed at CIN as an option because of their large holding in EVT (around a third of the fund's holdings) but with EVT's dividends now recovering I expect the CIN yield to improve. They have a very large discount to NTA.
Some of these have notable omissions in their holdings but as I typically have a good chunk of those stocks as individual holdings anyway I'm finding AUI and CIN a good proxy for the market adjusted for my individual holdings. I generally prefer some LICs to ETFs where they keep a portion of earnings for growth.
Absolutely not for everyone but given the NTA discounts they're worth a look for some.
After looking at them all earlier this year I started buying AUI...
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Last
$7.15 |
Change
-0.070(0.97%) |
Mkt cap ! $8.948B | |||
| Open | High | Low | Value | Volume |
| $7.21 | $7.24 | $7.15 | $3.913M | 543.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 20101 | $7.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.20 | 1635 | 1 |
View Market Depth
| Last trade - 16.10pm 09/05/2024 (20 minute delay) ? |
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Last
$7.17 |
Change
-0.070 ( 0.69 %) |
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| Open | High | Low | Volume | ||
| $7.23 | $7.23 | $7.17 | 131327 | ||
| Last updated 15.59pm 09/05/2024 ? | |||||
| AFI (ASX) Chart |