ASX listed ETF 's vs LIC 's (Listed Investmt Co.)- Global Eqs.Very large ASX listed ETF 's versus large LIC 's (Listed Investment Companies) in Global Equities
- ETF (marked with stepped lines): VGS Vanguard MSCI Index International Shares ETF, IOO iShares Global 100 ETF, MGE Magellan Global Trust
- LIC: MFF (MFF Capital Investments Ltd, preciously Magellan Flagship Fund), FGG Future Generation Global Investment, PMC Platinum Capital Ltd, TGG Templeton Global Growth Fund, PIA Pengana International Equities Ltd
Lic
ASX Major LIC 's (Listed Investment Companies) PMC TGG MFF PIAASX Major LIC 's (Listed Investment Companies), PMC Platinum Capital Ltd (mkt cap $AUD 450 m), TGG Templeton Global Growth Fund (mkt cap $AUD 250 m), MFF (MFF Capital Investments Ltd, preciously Magellan Flagship Fund, mkt cap $AUD 1,750 m), PIA Pengana International Equities Ltd (mkt cap $AUD 280 m)
LIC HOUSING FIN - LONG CONSOLIDATION (INVESTMENT WATCH)It is been observed in the weekly chart that the price action in this one is consolidation in range of 400-500 levels for past 18 months. It is a good time to accumulate this one as the company sounds good with growing earnings.
Keep this one in your investment watch for long term
LIC Housing Finance (Indian stock: NSE)Risky to buy LIC Housing Finance at this time. Fibonacci clusters of resistance are appearing at the tip of the price travel. We need to watch the levels of 506/508 carefully before buying this stock. If it fails at any of these levels, we can expect a C wave to 380 levels.