Basically they invest with highly reputable funds.
Also if you buy via CommSec, they waive the brokerage.
Last year div was 4c, likely to be 5c this year.
Its simply a buy and hold forever type of LIC similar to Argo.
Ann: Investment Update & NTA December 2016, page-4
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 (20min delay)
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Last
$1.26 |
Change
-0.005(0.40%) |
Mkt cap ! $518.3M | |||
| Open | High | Low | Value | Volume |
| $1.27 | $1.27 | $1.26 | $314.8K | 249.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1990 | $1.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.26 | 66646 | 3 |
View Market Depth
| Last trade - 13.31pm 26/11/2024 (20 minute delay) ? |
| FGX (ASX) Chart |
