Assertion: listed investment company | /r/HasProperty | lic
Facets:
Source sentences:
text: A listed investment company (LIC) is an Australian closed-end collective investment scheme similar to investment trusts in the UK and closed-end funds in the United States.
text: Listed investment companies (LICs) and listed investment trusts (LITs) make up the majority of the listed managed funds on ASX.
text: If a listed investment company (LIC) pays a dividend that includes a LIC capital gain amount, a shareholder who is an Australian resident at the time will be entitled to an income tax deduction.
text: If a listed investment company (LIC) pays a dividend that includes a LIC capital gain amount, a shareholder who is an Australian resident at the time will be entitled to an income tax deduction.