Tony Kynaston - What's an LIC?
LICs are Listed Investment Companies or sometimes referred to as LITs. Tony Kynaston of the QAV Investing Podcast, all-round great guy/investor joined me to explain what kind of beast an LIC is. It's like an ETF but with some very important differences. LICs have been around a lot longer than ETFs. And they can be attractive in their own special way.
Here's a link to the blog post for more information: https://www.sharesforbeginners.com/blog/lics
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