Which investment structure is best for you?
The answer to that question will be unique to you and your investing goals. In our latest Whitepaper, we take an in-depth look at Unit Trusts and Listed Investment Companies.
Investors who either do not have the time or the inclination to follow the share market so closely, may want to consider outsourcing some of the management of their funds to Montgomery Investment Management.
To learn more about our funds, please click here, or contact David Buckland, on 02 8046 5000 or at dbuckland@montinvest.com.
Scott Phillips joined Montgomery Investment Management in 2013. Scott joined the firm from BlackRock Investment Management, where he was Managing Director, Head of Retail Australia for 12 years.
This post was contributed by a representative of Montgomery Investment Management Pty Limited (AFSL No. 354564). The principal purpose of this post is to provide factual information and not provide financial product advice. Additionally, the information provided is not intended to provide any recommendation or opinion about any financial product. Any commentary and statements of opinion however may contain general advice only that is prepared without taking into account your personal objectives, financial circumstances or needs. Because of this, before acting on any of the information provided, you should always consider its appropriateness in light of your personal objectives, financial circumstances and needs and should consider seeking independent advice from a financial advisor if necessary before making any decisions. This post specifically excludes personal advice.
David Christensen
:
During the GFC some MI via unit trusts were frozen providing no liquidity. The MI manger still has to sell the underlying assets to fund the redemptions. Under these, albeit unusual, circumstances at least the LIC provided some liquidity as the owners of the shares in the LIC could trade these in the market without forcing the underlying assets to be sold. Valuation is another matter but I would argue that there is better liquidity in LIC under these circumstances.
Roger Montgomery
:
add it to the list of pros versus cons.