Listed Investment Companies (LICs) and Listed Investment Trusts (LITs) are ASX listed, subject to ASX supervision with shares (LIC) or units (LIT) bought and sold on the market during ASX trading hours.
Professional & active management
LICs and LITs are closed end investments, managed by professional fund managers who actively take tactical and strategic decisions towards achieving the fund’s investment objectives over the medium to long-term.
Diversification
LICs and LITs can assist with portfolio diversifaction across a range of underlying asset classes, which can reduce risk and provide the opportunity to better construct portfolios to meet investor and SMSFs objectives.
Over 700,000 LIC & LIT holdings
LICs and LITs are continuing to grow in number and range, increasing their holdings as they attract more investors looking to utilise active management strategies to invest and diversify.
The Industry
| Ticker | Entity Name | LICAT member | Structure |
|---|---|---|---|
| 8EC | 8Ip Emerging Companies Limited | LIC - Shares | |
| 8IH | 8I Holding Ltd | LIC - Shares | |
| ABW | Aurora Absolute Return Fund | LIT - Units | |
| ACQ | Acorn Capital Investment Fund Limited | LIC - Shares | |
| AEG | Absolute Equity Performance Fund Limited | LIC - Shares | |
| AFI | Australian Foundation Investment Company Limited |  | LIC - Shares |
| AGM | Australian Governance & Ethical Index Fund | LIC - Shares | |
| AIB | Aurora Global Income Trust | LIT - Units | |
| AIQ | Alternative Investment Trust | LIT - Units | |
| ALF | Australian Leaders Fund Limited | | LIC - Shares |
| ALI | Argo Global Listed Infrastructure Limited | | LIC - Shares |
| AMH | AMCIL Limited | | LIC - Shares |
| APL | Antipodes Global Investment Company Ltd | | LIC - Shares |
| ARG | Argo Investments Ltd | | LIC - Shares |
| AUI | Australian United Investment Company Limited | | LIC - Shares |
| AUP | Aurora Property Buy-Write Income Trust | LIT - Units | |
| AYF | Australian Enhanced Income Fund | LIT - Units | |
| AYK | Australian Masters Yield Fund No 4 Limited | LIC - Shares | |
| AYZ | Australian Masters Yield Fund No 5 Limited | LIC - Shares | |
| BAF | Blue Sky Alternatives Access Fund Limited | LIC - Shares | |
| BEL | Bentley Capital Limited | LIC - Shares | |
| BHD | Benjamin Hornigold Limited | LIC - Shares | |
| BKI | BKI Investment Company Ltd | | LIC - Shares |
| BSN | Bisan Limited | LIC - Shares | |
| BST | Barrack St Investments Limited | LIC - Shares | |
| BTI | Bailador Technology Investments Limited | LIC - Shares | |
| CAM | Clime Capital Limited | LIC - Shares | |
| CBC | CBG Capital Limited | LIC - Shares | |
| CDO | Cadnence Opportunities Fund | | LIC - Shares |
| CD1 | Cordish Dixon Private Equity Fund I | LIC - Shares | |
| CD2 | Cordish Dixon Private Equity Fund II | LIC - Shares | |
| CD3 | Cordish Dixon Private Equity Fund III | LIC - Shares | |
| CDM | Cadence Capital Limited | | LIC - Shares |
| CIE | Contango Income Generator Limited | LIC - Shares | |
| CIN | Carlton Investments Limited | LIC - Shares | |
| CLF | Concentrated Leaders Fund | | LIC - Shares |
| CMI | CMI Limited | LIC - Shares | |
| CVF | Contrarian Value Fund Limited | LIC - Shares | |
| CYA | Century Australia Investments Limited* | LIC - Shares | |
| DJW | Djerriwarrh Investments Limited | | LIC - Shares |
| DUI | Diversified United Investment Limited | | LIC - Shares |
| EAF | Evans & Partners Asia Fund | LIT - Units | |
| EAI | Ellerston Asian Investments Limited | | LIC - Shares |
| EFF | Evans & Partners Australian Flagship Fund | LIC - Shares | |
| EGD | Evans & Partners Global Disruption Fund | LIT - Units | |
| EGF | Evans & Partners Global Flagships Fund (Emerging Markets Masters Fund) | LIT - Units | |
| EGI | Ellerston Global Investments Limited | | LIC - Shares |
| FGG | Future Generation Global Investment Company Limited | | LIC - Shares |
| FGX | Future Generation Investment Company Limited | | LIC - Shares |
| FOR | Forager Australian Shares Fund | | LIT - Units |
| FPC | Fat Prophets Global Contrarian Fund Ltd | LIC - Shares | |
| FPP | Fat Prophets Global Property Fund | LIT - Units | |
| FSI | Flagship Investments Limited | LIC - Shares | |
| GC1 | Glennon Small Companies Limited | | LIC - Shares |
| GCI | Gryphon Capital Income Trust | | LIT - Units |
| GRF | Global Resource Masters Fund Limited | LIC - Shares | |
| GVF | Global Value Fund Limited | | LIC - Shares |
| HHY | HHY Fund | LIT - Units | |
| HM1 | Hearts and Minds Investments Limited | | LIC - Shares |
| HML | Henry Morgan Limited | LIC - Shares | |
| IBC | Ironbark Capital Limited | | LIC - Shares |
| KAT | Katana Capital Limited | LIC - Shares | |
| LRT | Lowell Resources Fund | LIC - Shares | |
| LSF | L1 Capital | | LIC - Shares |
| LSX | Lion Selection Group Limited | LIC - Shares | |
| MA1 | Monash Absolute Investment Company Limited | LIC - Shares | |
| MAX | Millinium'S Alternatives Fund | LIT - Units | |
| MEC | Morphic Ethical Equities Fund Limited | LIC - Shares | |
| MFF | MFF Capital Investments Limited | LIC - Shares | |
| MGG | Magellan Global Trust | LIT - Units | |
| MIR | Mirrabooka Investments Limited | | LIC - Shares |
| MMJ | MMJ Group Holdings Limited | LIC - Shares | |
| MOT | MCP Income Opportunities Trust | | LIT - Units |
| MVT | Mercantile Investment Company Ltd | LIC - Shares | |
| MXT | MCP Master Income Trust | | LIT - Units |
| NAC | Naos Absolute Opportunities Company Limited | LIC - Shares | |
| NBI | NB Global Corporate Income Trust | | LIT - Units |
| NCC | Naos Emerging Opportunities Company Limited | LIC - Shares | |
| NGE | NGE Capital Limited | LIC - Shares | |
| NSC | Naos Small Cap Opportunities Company Limited | LIC - Shares | |
| OEQ | Orion Equities Limited | LIC - Shares | |
| OPH | Ophir High Conviction Fund | LIT - Units | |
| OZG | Ozgrowth Limited | | LIC - Shares |
| PAF | Pm Capital Asian Opportunities Fund Limited | LIC - Shares | |
| PAI | Platinum Asia Investments Limited | | LIC - Shares |
| PCI | Perpetual Credit Income Trust | LIT - Units | |
| PE1 | Pengana Private Equity Trust | | LIT - Units |
| PGF | Pm Capital Global Opportunities Fund Limited | LIC - Shares | |
| PIA | Pengana International Equities Limited | | LIC - Shares |
| PIC | Perpetual Equity Investment Company Limited | LIC - Shares | |
| PL8 | Plato Income Maximiser Limited | | Shares |
| PMC | Platinum Capital Limited | | LIC - Shares |
| QRI | Qualitas Real Estate Income Fund | | LIT - Units |
| QVE | QV Equities Limited | LIC - Shares | |
| RF1 | Regal Funds Management Limited | | LIT - Units |
| RYD | Ryder Capital Limited | LIC - Shares | |
| SEC | Spheria Emerging Companies Limited | | LIC - Shares |
| SNC | Sandon Capital Investments Limited | | LIC - Shares |
| SVS | Sunvest Corporation Limited | LIC - Shares | |
| TEK | Thorney Technologies Ltd | LIC - Shares | |
| TGF | Tribeca Global Natural Resources Limited | LIC - Shares | |
| TGG | Templeton Global Growth Fund Limited | | LIC - Shares |
| TOP | Thorney Opportunities Ltd | LIC - Shares | |
| VG1 | VGI Partners Limited | LIC - Shares | |
| WAA | WAM Active Limited | | LIC - Shares |
| WAM | WAM Capital Limited | | LIC - Shares |
| WAX | WAM Research Limited | | LIC - Shares |
| WDE | Wealth Defender Equities Limited* | ||
| WGB | WAM Global Limited | | LIC - Shares |
| WHF | Whitefield Limited | | LIC - Shares |
| WIC | Westoz Investment Company Limited | | LIC - Shares |
| WLE | WAM Leaders Limited | | LIC - Shares |
| WMI | WAM Microcap Limited | | LIC - Shares |
| WQG | WCM Global Growth Limited | LIC - Shares | |
| ZER | Zeta Resources Limited | LIC - Shares |
| Ticker | Entity Name | LICAT member | Structure |
|---|---|---|---|
| 8EC | 8Ip Emerging Companies Limited | LIC - Shares | |
| 8IH | 8I Holding Ltd | LIC - Shares | |
| ACQ | Acorn Capital Investment Fund Limited | | LIC - Shares |
| AEG | Absolute Equity Performance Fund Limited | LIC - Shares | |
| AFI | Australian Foundation Investment Company Limited | | LIC - Shares |
| AIB | Aurora Global Income Trust | LIT - Units | |
| AIQ | Alternative Investment Trust | LIT - Units | |
| ALI | Argo Global Listed Infrastructure Limited | | LIC - Shares |
| AMH | AMCIL Limited | | LIC - Shares |
| ARG | Argo Investments Ltd | | LIC - Shares |
| AUI | Australian United Investment Company Limited | | LIC - Shares |
| BEL | Bentley Capital Limited | LIC - Shares | |
| BHD | Benjamin Hornigold Limited | LIC - Shares | |
| BKI | BKI Investment Company Ltd | | LIC - Shares |
| BTI | Bailador Technology Investments Limited | LIC - Shares | |
| CAM | Clime Capital Limited | LIC - Shares | |
| CDO | Cadence Opportunities Fund | | LIC - Shares |
| CD1 | Cordish Dixon Private Equity Fund I | LIC - Shares | |
| CD2 | Cordish Dixon Private Equity Fund II | LIC - Shares | |
| CD3 | Cordish Dixon Private Equity Fund III | LIC - Shares | |
| CDM | Cadence Capital Limited | | LIC - Shares |
| CIE | Contango Income Generator Limited | LIC - Shares | |
| CIN | Carlton Investments Limited | LIC - Shares | |
| DJW | Djerriwarrh Investments Limited | | LIC - Shares |
| DUI | Diversified United Investment Limited | | LIC - Shares |
| ECL | Excelsior Capital Limited | ||
| ECP | ECP Emerging Growth Limited | ||
| FGG | Future Generation Global Investment Company Limited | | LIC - Shares |
| FGX | Future Generation Investment Company Limited | | LIC - Shares |
| FPC | Fat Prophets Global Contrarian Fund Ltd | LIC - Shares | |
| FPP | Fat Prophets Global Property Fund | LIT - Units | |
| FSI | Flagship Investments Limited | | LIC - Shares |
| GC1 | Glennon Small Companies Limited | | LIC - Shares |
| GLF | Global Masters Fund Limited | ||
| GVF | Global Value Fund Limited | | LIC - Shares |
| HHY | HHY Fund | LIT - Units | |
| HM1 | Hearts and Minds Investments Limited | | LIC - Shares |
| IBC | Ironbark Capital Limited | | LIC - Shares |
| KAT | Katana Capital Limited | LIC - Shares | |
| KKC | KKR Credit Income Fund | ||
| LRT | Lowell Resources Fund | LIC - Shares | |
| LSF | L1 Capital | | LIC - Shares |
| LSX | Lion Selection Group Limited | LIC - Shares | |
| MAX | Millinium's Alternatives Fund | ||
| MEC | Morphic Ethical Equities Fund Limited | LIC - Shares | |
| MFF | MFF Capital Investments Limited | LIC - Shares | |
| MGF | Magellan Global Fund | LIT - Units | |
| MIR | Mirrabooka Investments Limited | | LIC - Shares |
| HGV | Hygrovest | LIC - Shares | |
| MOT | MCP Income Opportunities Trust | | LIT - Units |
| MXT | MCP Master Income Trust | | LIT - Units |
| NAC | NAOS Ex-50 Opportunities Company Limited | ||
| NBI | NB Global Corporate Income Trust | | LIT - Units |
| NCC | Naos Emerging Opportunities Company Limited | LIC - Shares | |
| NGE | NGE Capital Limited | LIC - Shares | |
| NSC | Naos Small Cap Opportunities Company Limited | LIC - Shares | |
| OEQ | Orion Equities Limited | LIC - Shares | |
| OPH | Ophir High Conviction Fund | LIT - Units | |
| PAI | Platinum Asia Investments Limited | | LIC - Shares |
| PCI | Perpetual Credit Income Trust | LIT - Units | |
| PE1 | Pengana Private Equity Trust | LIT - Units | |
| PGF | Pm Capital Global Opportunities Fund Limited | LIC - Shares | |
| PGG | Partners Group Global Income Fund | ||
| PIA | Pengana International Equities Limited | | LIC - Shares |
| PIC | Perpetual Equity Investment Company Limited | LIC - Shares | |
| PL8 | Plato Income Maximiser Limited | | Shares |
| PMC | Platinum Capital Limited | | LIC - Shares |
| QRI | Qualitas Real Estate Income Fund | | LIT - Units |
| QVE | QV Equities Limited | LIC - Shares | |
| RF1 | Regal Investment Fund | | LIT - Units |
| RG8 | Regal Asian Investments Limited | | LIC - Shares |
| RYD | Ryder Capital Limited | LIC - Shares | |
| SB2 | Salter Brothers Emerging Companies Limited | LIC - Shares | |
| SEC | Spheria Emerging Companies Limited | | LIC - Shares |
| SNC | Sandon Capital Investments Limited | | LIC - Shares |
| SVS | Sunvest Corporation Limited | LIC - Shares | |
| TCF | 360 Capital Enhanced Income Fund | ||
| TEK | Thorney Technologies Ltd | LIC - Shares | |
| TGF | Tribeca Global Natural Resources Limited | LIC - Shares | |
| TOP | Thorney Opportunities Ltd | LIC - Shares | |
| VG1 | VGI Partners Global Investments Limited | | LIC - Shares |
| WAA | WAM Active Limited | | LIC - Shares |
| WAM | WAM Capital Limited | | LIC - Shares |
| WAR | WAM Strategic Value Limited | | LIC - Shares |
| WAX | WAM Research Limited | | LIC - Shares |
| WGB | WAM Global Limited | | LIC - Shares |
| WHF | Whitefield Limited | | LIC - Shares |
| WLE | WAM Leaders Limited | | LIC - Shares |
| WMA | WAM Alternative Assets Limited | | LIC - Shares |
| WMI | WAM Microcap Limited | | LIC - Shares |
| WQG | WCM Global Growth Limited | LIC - Shares | |
| ZER | Zeta Resources Limited | LIC - Shares |
| TICKER | ENTITY NAME | LICAT MEMBER | STRUCTURE |
|---|---|---|---|
| 8EC | 8Ip Emerging Companies Limited | LIC - Shares | |
| ACQ | Acorn Capital Investment Fund Limited | | LIC - Shares |
| AEG | Absolute Equity Performance Fund Limited | LIC - Shares | |
| AFI | Australian Foundation Investment Company Limited | | LIC - Shares |
| AMH | AMCIL Limited | | LIC - Shares |
| ARG | Argo Investments Limited | | LIC - Shares |
| AUI | Australian United Investment Company Limited | | LIC - Shares |
| BEL | Bentley Capital Limited | LIC - Shares | |
| BKI | BKI Investment Company Limited | | LIC - Shares |
| BTI | Bailador Technology Investments Limited | LIC - Shares | |
| CAM | Clime Capital Limited | LIC - Shares | |
| CDM | Cadence Capital Limited | | LIC - Shares |
| CIE | Contango Income Generator Limited | LIC - Shares | |
| CIN | Carlton Investments Limited | LIC - Shares | |
| DJW | Djerriwarrh Investments Limited | | LIC - Shares |
| DUI | Diversified United Investment Limited | | LIC - Shares |
| ECL | Excelsior Capital Limited (CMI Limited) | LIC - Shares | |
| ECP | ECP Emerging Growth Limited (Barrack St Investments Limited) | LIC - Shares | |
| FGX | Future Generation Investment Company Limited | | LIC - Shares |
| FSI | Flagship Investments Limited | | LIC - Shares |
| GC1 | Glennon Small Companies Limited | | LIC - Shares |
| HHY | HHY Fund | LIT - Units | |
| IBC | Ironbark Capital Limited | | LIC - Shares |
| KAT | Katana Capital Limited | LIC - Shares | |
| MAX | Millinium'S Alternatives Fund. | LIT - Units | |
| MIR | Mirrabooka Investments Limited | | LIC - Shares |
| NAC | Naos Absolute Opportunities Company Limited | LIC - Shares | |
| NCC | Naos Emerging Opportunities Company Limited | LIC - Shares | |
| NGE | NGE Capital Limited | LIC - Shares | |
| NSC | NAOS Small Cap Opportunities Company Limited | LIC - Shares | |
| OEQ | Orion Equities Limited | LIC - Shares | |
| OPH | Ophir High Conviction Fund | LIT - Units | |
| PIC | Perpetual Equity Investment Company Limited | LIC - Shares | |
| PL8 | Plato Income Maximiser Limited | | LIC - Shares |
| QVE | Qv Equities Limited | LIC - Shares | |
| RYD | Ryder Capital Limited | LIC - Shares | |
| SB2 | Salter Brothers Emerging Companies Limited | LIC - Shares | |
| SEC | Spheria Emerging Companies Limited | | LIC - Shares |
| SNC | Sandon Capital Investments Limited | | LIC - Shares |
| TCF | 360 Capital Enhanced Income Fund | ||
| TOP | Thorney Opportunities Ltd | LIC - Shares | |
| WAA | WAM Active Limited | | LIC - Shares |
| WAM | WAM Capital Limited | | LIC - Shares |
| WAR | WAM Strategic Value Limited | | LIC - Shares |
| WAX | WAM Research Limited | | LIC - Shares |
| WHF | Whitefield Limited | | LIC - Shares |
| WLE | WAM Leaders Limited | | LIC - Shares |
| WMA | WAM Alternative Assets Limited | | LIC - Shares |
| WMI | WAM Microcap Limited | | LIC - Shares |
| TICKER | ENTITY NAME | LICAT MEMBER | STRUCTURE |
|---|---|---|---|
| 8IH | 8I Holdings Ltd | LIC - Shares | |
| AIB | Aurora Global Income Trust | LIT - Units | |
| AIQ | Alternative Investment Trust | LIT - Units | |
| BHD | Benjamin Hornigold Limited | LIC - Shares | |
| CDO | Cadence Opportunities Fund | | LIC - Shares |
| CD1 | Cordish Dixon Private Equity Fund I | LIT - Units | |
| CD2 | Cordish Dixon Private Equity Fund II | LIT - Units | |
| CD3 | Cordish Dixon Private Equity Fund III | LIT - Units | |
| FGG | Future Generation Global Investment Company Limited | | LIC - Shares |
| FPC | Fat Prophets Global Contrarian Fund Ltd | LIC - Shares | |
| GFL | Global Masters Fund Limited | LIC - Shares | |
| GVF | Global Value Fund Limited | | LIC - Shares |
| HM1 | Hearts and Minds Investments Limited | | LIC - Shares |
| LRT | Lowell Resources Fund | LIC - Shares | |
| LSF | L1 Long Short Fund Limited | | LIC - Shares |
| LSX | Lion Selection Group Limited | LIC - Shares | |
| MEC | Morphic Ethical Equities Fund Limited | LIC - Shares | |
| MFF | MFF Capital Investments Limited | LIC - Shares | |
| MGF | Magellan Global Fund | LIT - Units | |
| HGV | Hygrovest | LIC - Shares | |
| PAI | Platinum Asia Investments Limited | | LIC - Shares |
| PE1 | Pengana Private Equity Trust | LIT - Units | |
| PGF | Pm Capital Global Opportunities Fund Limited | LIC - Shares | |
| PIA | Pengana International Equities Limited | | LIC - Shares |
| PMC | Platinum Capital Limited | | LIC - Shares |
| RF1 | Regal Investment Fund | | LIT - Units |
| RG8 | Regal Asian Investments Limited | | LIC - Shares |
| SVS | Sunvest Corporation Limited | LIC - Shares | |
| TEK | Thorney Technologies Ltd | LIC - Shares | |
| TGF | Tribeca Global Natural Resources Limited | LIC - Shares | |
| VG1 | VGI Partners Global Investments Limited | | LIC - Shares |
| WGB | WAM Global Limited | | LIC - Shares |
| WQG | WCM Global Growth Limited | LIC - Shares | |
| ZER | Zeta Resources Limited | LIC - Shares |
| TICKER | ENTITY NAME | LICAT MEMBER | STRUCTURE |
|---|---|---|---|
| KKC | KKR Credit Income Fund | LIT - Units | |
| MOT | MCP Income Opportunities Trust | | LIT - Units |
| MXT | MCP Master Income Trust | | LIT - Units |
| NBI | NB Global Corporate Income Trust | | LIT - Units |
| PCI | Perpetual Credit Income Trust | LIT - Units | |
| PGG | Partners Group Global Income Fund | LIT - Units | |
| QRI | Qualitas Real Estate Income Fund | | LIT - Units |
| TICKER | ENTITY NAME | LICAT MEMBER | STRUCTURE |
|---|---|---|---|
| ALI | Argo Global Listed Infrastructure Limited | | LIC - Shares |
| FPP | Fat Prophets Global Property Fund | LIT - Units |
