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!

84

LICs & LITs Analysed

10

Years specialising only in ASX LICs and LITs

1

Rank among ASX Closed End fund investors

0

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

Red flags abound in the ASX LIC wastelands
TOT - 360 Capital REIT - Can REITs be even worse than LICs and LITs?
Myth vs reality in the long-run performance of ASX LICs and LITs
CD1, CD2, CD3 - CD Private Equity Funds - Cheat Sheet
Tracking the elimination of ASX Closed End Funds
Why HM1 shareholders should vote to convert it to an Open End fund
CaptiveCapital's 95 theses on why ASX Closed End Funds should be eliminated
WLE - WAM Leaders - Cheat Sheet
Do superannuation funds recommend LICs/LITs as worthwhile investments?
Livewire's LIC/LIT coverage is proof that if you aren't paying for the product, you are the product!
WAR - WAM Strategic Value - Cheat Sheet
VG1 - Vgi Partners Global Investments - Cheat Sheet
Exit interviews with managers of failed ASX Closed End Funds
Staying ahead of the retiree Income LIC shakeout
PGF - PM Capital Global Opportunities Fund - Cheat Sheet
ALI - Argo Global Listed Infrastructure - Cheat Sheet
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
LSF - L1 Long Short Fund - Cheat Sheet
Did the end of CEF selling commissions signal the slow death of the industry?
Is Geoff Wilson correct about why LICs trade at discounts?
Which activist funds are now targeting ASX CEFs?
PIA - Pengana International Equities - Cheat Sheet
SB2 - Salter Brothers Emerging Companies - Cheat Sheet

LICs and LITs Monitored

I track 84 LICs and LITs on this site: ACQ, AFI, ALI, AMH, ARG, AUI, BKI, BTI, CAM, CD1, CD2, CD3, CDM, CDO, CIN, DJW, DUI, ECP, FGG, FGX, FOR, FPC, FPP, FSI, GC1, GCI, GFL, GVF, HCF, HM1, IBC, KAT, KKC, LRT, LSF, LSX, MEC, MFF, MGF, MIR, MOT, MXT, NAC, NBI, NCC, NGE, NSC, OPH, PAI, PCI, PE1, PGF, PGG, PIA, PIC, PL8, PMC, QRI, QVE, RF1, RG8, RYD, SB2, SEC, SNC, TCF, TEK, TGF, TOP, TVL, VG1, WAA, WAM, WAR, WAX, WGB, WHF, WLE, WMA, WMI, WQG, ZER