jam321, thanks, good post, I will watch the video. I guess one thing they do have in common with other LICs is that it all comes down to stock selection which is why a lot of us are in LICs, hoping they can do a better job than us with our own individual stock picks and to add a bit of diversification with a good divi. Talking of divs WAX have just announced interim FF divi of 4c which represents an annualised dividend yield of 6.8%, so happy with that. Also, I'll be keeping ALF on the watch list, now it's MO is a bit clearer and to add a bit more diversification, in addition to DUI when I've got a bit more money.
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