yeah, I'm a BIG fan of the Wilson stable of funds, including Future Generations.I'm assuming you are referring to Australian equity LICs rather than international.
for something different, I would suggest FOR Forager Australian. Steve Johnson is highly regarded as a deep value investor,
and although has underperformed lately, the unlisted version has done very well in the longer term ( 11.1% p.a over past 5 yrs and
12.8% p.a since Oct 2009 ) , has extremely different portfolio to the ASX index and can hold lots of cash if wants to.
their website foragerfunds.com has lots of info.
also keep your eyes open for Ophir High conviction fund, an unlisted managed fund I am in, that has performed staggeringly
well ( 30% p.a since inception in 2015 ). it's likely to be listed as a LIT ( ASX code OPH ) in mid Dec. although I realise
that past performance is not necessarily an indicator of future performance.
as a hedge, you might want to look at long/short funds such as AEG Absolute equity performance, a market neutral fund that
had a long history of outperformance as an unlisted managed fund known as Bennelong market neutral fund.
also L1 long/short fund ( LSF ) which although has done poorly since listing this year, performed stupendously well for 3 years prior
as an unlisted fund so hopefully they can turn it around.
basically I don't like LICs that hug the index ( and yet still underperform the index ! ) so I keep away from AFI, Argo, BKI etc.
