Having bought some STW recently, I am now ready to get my hands on some LICs. I have read a lot about their SPPs on this forum, but there is no mention of how they are issued. Do the LICs send letters to share holders asking them to buy individual stocks or more lic “units” ? Do the LICs reinvest the dividends automatically? Do ETFs have SPPs?
Having bought some STW recently, I am now ready to get my hands...
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