LIC NAV discounts rise as fear grips markets - ETF Watch Mar 16, 2020 · Cadence Capital (CDM): 24% pre tax discount. Once one of the LIC market darlings, CDM have fell from grace over the last few years due to consistent underperformance. In 2006 they had a pre tax NAV at a 24% premium to NTA, now its at a 24% discount, and a whopping 37% post tax discount. Listed Investment Companies » Australian Investors Association The value of the underlying assets held by an LIC on a per share basis is referred to as NTA or Net Tangible Assets. LICs are required to report their NTA on a regular basis and this measure can be used to determine whether an LIC is trading at a premium or a discount to its NTA.
21 May 2019 If a listed investment company (LIC) is on the discount rack, it doesn't times, with most LICs trading at discounts, as the chart below shows.
Nov 23, 2010 · The Short Answer What Premiums and Discounts Mean for ETFs Morningstar.com offers two sets of data points for a given ETF, but these data have two separate uses. Trading at a discount or premium | Aussie Stock Forums Sep 11, 2013 · Of cause the company or lic is going to buy or sell. I wanted to know how to compare the NTA with the share price to see if an lic is trading at a discount or premium, which I clearly stated in the first post. I never made any suggestions or assertions that lic did not change their shareholdings. The merits of investing in LICs at a discount It's important to consider why a LIC is trading at a discount, as what might appear good value worth buying may be built into the price for many years, and the discount may even worsen. It's important to consider why a LIC is trading at a discount, as what might appear good value worth buying may be built into the price for many years, and the Determining whether a LIC is trading at a premium or discount
Dec 22, 2017 · what I typically do every time I'm due for a purchase is check the LIC NTA discount schedule. It's a little delayed but it let's me work out if the LIC's I like are trading under value. I stick to the high volume LIC's which have been around a while.
When Do You Pick A Good LIC? - FNArena