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Affluence LIC Fund AFX6930AU Strategy

The Fund is a limited capacity strategy that provides access to a diversified portfolio of 20 to 35 ASX Listed Investment Companies (LICs). The Fund aims to outperform the ASX 200 Accumulation Index with volatility of returns which is significantly less than the ASX 200 Index measured over rolling 3 year periods. The Fund also aims to pay a minimum distribution yield of 5% per annum, paid quarterly.
The investment objective & strategy is a summary of the investment's principal strategy as written in the prospectus. This information is pulled from the most recent product disclosure document.

Funds News & Analysis

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Is your index fund tracking the right index? Here’s what to look for

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Listed Investment Companies monthly performance: January 2024

The Morningstar LIC monthly report provides a snapshot of ASX-listed LICs, and whether they are trading at a premium or a discount to their net tangible assets (NTA).
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Index funds have officially won

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Markets

Index
Last price
Change
% Change
All Ordinaries 7,946.10 29.00 0.37%
CAC 40 7,954.39 5.99 0.08%
DAX 40 17,601.22 44.73 0.25%
Dow JONES (US) 38,949.02 23.39 -0.06%
FTSE 100 7,624.98 58.04 -0.76%
HKSE 16,561.53 24.68 0.15%
NASDAQ 15,947.74 87.56 -0.55%
Nikkei 225 39,051.03 157.00 -0.40%
NZX 50 Index 11,741.47 21.85 -0.19%
S&P 500 5,069.76 8.42 -0.17%
S&P/ASX 200 7,687.20 26.80 0.35%
SSE Composite Index 2,979.56 21.71 0.73%

Market Movers

Name
Last price
Change
% Change
Sayona Mining Ltd SYA 0.04 0.00 1.25%
Cooper Energy Ltd COE 0.15 0.01 3.45%
South32 Ltd S32 2.94 0.12 4.26%
The Star Entertainment Group Ltd SGR 0.52 0.04 8.33%
Core Lithium Ltd CXO 0.22 0.00 1.16%
BrainChip Holdings Ltd BRN 0.40 0.02 3.95%
Zip Co Ltd ZIP 0.96 0.05 5.80%
88 Energy Ltd 88E 0.01 0.00 -8.33%
Paladin Energy Ltd PDN 1.22 0.03 -2.59%
Pilbara Minerals Ltd PLS 4.23 0.06 1.32%