I am trying to sort a few companies into various sectors from...

  1. 15,064 Posts.
    lightbulb Created with Sketch. 39
    I am trying to sort a few companies into various sectors from the main ASX GICs list (Sector, Industry Group).
    1. Are LICs (Listed Investment Companies) included in Financial > Diversified Financials?
    2. An example is TEK which on the ASX site which says it is a LICs with no peers
    https://www2.asx.com.au/markets/company/tek

    but Market Index says it is a Diversified Financial.
    https://www.marketindex.com.au/asx/tek

    (Note both sources say they use S&P for Market information.)

    1. Are LICs included in Sector weighting or are they like ETFs and not included as they principally hold ASX shares anyway?

    TIA
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.