LICs vs. LITs: Same but very different
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LICs vs. LITs: Same but very different
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About this listen
With $56 billion in assets under management, listed investment companies (LICs) and listed investment trusts (LITs) make up an important part of the listed securities ecosystem.
Jesse Hamilton, the chief financial officer at Wilson Asset Management, provides an excellent breakdown of the ins and outs of the two investment vehicles.
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