Listed investment companies (“LICs”) have multiple advantages including easy access for self-directed investors, diversification, and tax advantages. LICs are incorporated as companies. They are closed-ended vehicles, meaning that they don’t issue new share or cancel existing ones when investors join or leave.
Services include
- Provision of support with your Initial Public Offering and planning requirements including arranging meetings with issuers, processing applications, and banking application fees
- Managing of ASX interface, including security code setup and allocation reconciliations
- Maintaining of new and existing shareholder records
- Processing and communication of corporate events
- Management of ASX reporting requirements, including calculation of net tangible asset backing per share
- Provision of company secretarial services
- AGM support, including meeting preparation, setup, and proxy voting management
- Provision of investor reporting
