My question/comment is: naming LICs and ETFs is not that enlightening. I know I have to do my own research but, with the exception of a couple of notable posts, posters haven't given the reason they think their fave one is the one. Looking at most of them, their SP trades in a fairly restrictive range yet their divvies are on the low side. Do they issue bonus shares or something? I just don't get why they are that attractive.
I got onto HML as their annualised divvy is nearly 30% with franking, so I'd expect their SP to be fairly stable. Same goes with WAX/WAM. Don't let the discussion be hijacked by those that picked up HML in the float. "Past performance is no guarantee of future performance". Its their investment philosophy that's the over-riding thing here: do they generate cash/capital gains for divvies or do they retain income for their own SP appreciation?
HML Price at posting:
$1.53 Sentiment: Buy Disclosure: Held