The #1 expert on ASX Closed End Funds (and how to escape them!)

Consultancy services on ASX Closed End Funds (LICs, LITs) for investors seeking exits and alternatives. The mission is to eliminate almost all CEFs!


LICs & LITs Analysed


Years specialising only in ASX LICs and LITs


Rank among ASX Closed End fund investors


Conflicts of interest

The truth about CEF pros and cons

Proof CEFs underperform index funds

Leakages and pitfalls in trading CEF discounts

Compiling the case for activists to force wind-ups

Some Current Projects

Selected projects with websites are available below. To view all projects visit the Projects page.

CD Private Equity Fund Activism

A public blog with detailed insights and shareholder activism

HM1 Discount Factors Analysis

I use my expert discount analysis skills to provide details and solutions regarding HM1.

Total Expense Ratio Analysis

The #1 analyst of ASX CEF TERs and how this affects performance and discounts.

Recent Blog Posts

AFI - Australian Foundation Investment Co - Cheat Sheet
Which CEFs blatantly advertise misleading expected returns?
PL8 - Plato Income Maximiser - Cheat Sheet
PE1 - Pengana Private Equity Trust - Cheat Sheet
Which CEF Management Fees are most misleading?
TGF - Tribeca Global Natural Resources - Cheat Sheet
HM1 - Hearts and Minds Investments - Cheat Sheet
RF1 - Regal Investment Fund - Cheat Sheet
Ending the CEF Dividend Reinvestment at NAV ripoff
WAX - WAM Research - Cheat Sheet
When does CEF "skin in the game" become a blocking stake?
TEK - Thorney Technologies - Cheat Sheet