According to an article on LICs from Firstlinks earlier this year, “the number of LICs listed on the ASX peaked at 115 almost six years ago and is down to 88 now.” As I shall touch on further down, more strategic reviews of ASX LICs are currently taking place so the number should again decline…
Here is my medium term ASX LIC performance comparison of the most popular LICs against relevant ASX index ETFs. This is a task I planned to get around doing, when earlier in the year I compared the various ASX LICs performance for FY 2022. To clarify, I didn’t examine every LIC. I simply looked up…