This article lists the 20 most popular LICs/LITs invested in by SMSFs as of 30 June 2024. We are grateful to Class, an SMSF administration software company, who have provided the data used in this article.
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Listed investment companies (LICs) and listed investment trusts (LITs) are like managed funds and exchange-traded funds (ETFs) in that your money is pooled with other investors in a professionally managed portfolio of assets.
All allow individual investors to achieve greater diversification than they could on their own. They are also an effective way to plug holes in your investment portfolio through exposure to asset classes and market sectors you might otherwise find difficult to access.
As the name suggests, LICs use a company structure while LITs are trusts that generally take the form of an Australian Managed Investment Scheme (MIS).
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