All of the large cap LIC on the asx hold shares in each other. Given that portfolios are very similar, especially the top 50% of holdings (Banks, WOW, WES, CSL, BHP etc.). For example Milton hold AFIC and AFIC hold Milton. Given both LICs have MERs, is this not just doubling of cost for exposure to the same holdings? This seems a little ridiculous to me and would be interested to know the thought process behind these cross holdings.
Hoarding
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Last
$7.25 |
Change
0.010(0.14%) |
Mkt cap ! $9.151B | |||
| Open | High | Low | Value | Volume |
| $7.27 | $7.28 | $7.25 | $2.602M | 358.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | $7.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.26 | 739 | 1 |
View Market Depth
| Last trade - 16.10pm 05/09/2025 (20 minute delay) ? |
| AFI (ASX) Chart |