Australian Foundation Investment Company (AFIC) has said the long-term nature of its portfolio continues to attract SMSFs to its listed investment company (LIC) structure.

Watermark Funds Management’s listed investment company (LIC), the Watermark Global Leaders Fund, has closed its initial public offering (IPO), raising over $90 million from self-directed investors.

The ongoing popularity of listed investment companies (LICs) with SMSF trustees is due to their reliable fully franked dividends and their relatively low cost as an investment vehicle, among other factors.

Watermark Funds Management has launched its new listed investment company (LIC), the Watermark Global Leaders Fund, the first locally managed global market-neutral fund in Australia.

Antipodes Partners has revealed its first listed investment company (LIC), the Antipodes Global Investment Company, has struck a chord with investors after officially closing its initial public offering (IPO) above $300 million.

Antipodes Global Investment Company yesterday exceeded $220 million in subscriptions, the maximum proceeds under the offer.

Antipodes Partners has officially opened its first listed investment company (LIC), which is designed to address the risks associated with SMSFs’ high allocations to Australian equities by providing them with access to a long-short global securities portfolio with active currency management.

The Bailador Technology Investments (BTI) listed investment company (LIC) has entered into an agreement with two institutions that will generate $24.5 million of options investments.

Listed investment company (LIC) Monash Absolute Investment Company has received early interest from SMSFs due to its inclusion of inaccessible stocks, flexible strategy and absolute return focus.