Investment help, page-56

"keen on Wilson Asset Management"
My equity investments include some very long term individual companies and Funds; predominantly LICS from the Wilson stable & their associates, although some of their older LICS are now too expensive.

If starting now, I would probably do as you are contemplating, keep it simple, and select a handful of good funds, as they can provide wide diversity and stable performance.

They have advantages and opportunities not available to the vast majority of individual investors.
As mentioned, do some research into which ones are trading at a premium or discount to their NTA or check some of the LIC reports by Brokers, Bell Potter or IIR.

LICS I own include some of the newer Wilson associates, ie;
FGX; Fund of Funds Structure, relatively new, although has 6 main very experienced managers, priced at a small discount.
FGG; a global version of FGX selling at a small premium.
WLE; it has a flexible mandate, moderate size, and although it holds some of the big names, it's not an index hugger. Recently at a moderate discount.