Investment basics: the difference between ETFs and LICs

By Daryl Dixon
Updated October 15 2017 - 3:11pm, first published October 14 2017 - 1:21am
LICs and ETFs have similarities but there are nuanced differences. Photo: Erin Jonasson
LICs and ETFs have similarities but there are nuanced differences. Photo: Erin Jonasson

In recent years investors have been increasingly drawn to the diversification benefits offered by listed investment companies (LICs) and exchange-traded funds (ETFs). Despite this, many investors are seemingly unaware as to the nuances between the structures and the impact they may have on portfolios.

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