Well put Clark. The beauty of the traditional LICs is that while they accumulate deferred tax liabilities through unrealised capital gains, they hang onto the money they owe the ATO and keep it invested, allowing their returns to compound.
why do funds underperform the index, page-9
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Last
$7.34 |
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0.060(0.82%) |
Mkt cap ! $9.204B | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5373 | $7.33 |
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| Price($) | Vol. | No. |
|---|---|---|
| $7.34 | 6731 | 2 |
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