08 Mar 2020.03 LIC Research Report Posted at 15:24h in Sector Report by Liz Bancroft 0 Likes Share Loading... Taking too long? Reload document | Open in new tab [2.50 MB] The market capitalisation of ASX Listed Investment Companies (LICs) and Listed Investment Trusts (LITs) dropped by 23.9% to $40.5bn over the first quarter of 2020.