Phil Rees, Executive Director, WESTOZ Funds Management Pty Ltd will base his discussion on the following:
With FOFA reforms coming in to effect, Listed Investment Companies (LIC’s) are receiving increased media attention as financial advisors look for alternate ways to access managed portfolios of assets. As a sector, LIC’s have produced better returns than the broader equity market and generally pay solid dividend yields. As a manager of two Listed Investment Companies, Mr Rees will:
- run through the features of LICs that make them a viable component of any diversified portfolio;
- discuss some specific LICs and how they may be used; and
- look at some of the underlying share investments his company’s have made and is considering.
Investor Forum meetings are usually held on the first Tuesday of each month. Meetings start at 12pm sharp. Members no charge please bring your membership card. Non members $5.00 per person