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Vince Scully is back! In this episode he and Glen unpack what listed investment companies (LICs) are, and how they compare to ETFs. Together they discuss:


πŸ‘‰πŸΎ what LICs are in a nutshell

πŸ‘‰πŸΏ the top 10 holdings of two LICs vs the IOZ ETF

πŸ‘‰πŸ» how performance and volatility interact

πŸ‘‰ understanding the tax implications of LIC

πŸ‘‰πŸΌ the pros and cons of LICs vs ETFs


Thanks to Sphere Home Loans for supporting the Tuesday show! Need a mortgage broker? Connect with the team here


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Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choose to buy a financial product read the product disclosure statement (PDS) and target market determination (TMD) and obtain appropriate financial advice tailored to your needs.


SYMO Interactive Pty Ltd & Glen James are authorised representatives of MoneySherpa Pty Ltd which holds financial services licence 451289.

","author_name":"Glen James"}