After looking at them all earlier this year I started buying AUI...

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.