Throughout the more than 100-year history of Australian listed investment companies (LICs), savvy, long-term investors have taken advantage of the opportunity to buy LICs when their share prices are trading at a discount to their net tangible assets (NTA). These investors view discounts as a chance to buy a portfolio of shares for less than it would cost to buy those same shares directly.
With many LICs currently trading at meaningful discounts, Argo’s Managing Director, Jason Beddow and Communications Manager, Meredith Hemsley, address relevant factors when considering if now is a good time to buy.
Published in the Australian Shareholders’ Association Equity, December 2025.