HML henry morgan limited

The whole LIC model is broken. Most have (ridiculous) discounts...

  1. LFM
    833 Posts.
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    The whole LIC model is broken. Most have (ridiculous) discounts to NTA and some even dodgy practices (such as BLA, The Pirate entities, etc).

    I would consider all LIC’s to be uninvestible except for AFI and ARG. Buy ETF’s or DIY instead. No need to pay high fees for someone else to “invest” your money.
 
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