Buy and sell shares on the ASX
No set minimum amount to invest
Dividends may carry franking credits
Investors can access our popular global and Asia ex-Japan strategies through our ASX-listed investment companies (respective ASX codes: PMC and PAI). They provide investors with exposure to actively managed, diversified portfolios of companies from around the world (PMC) and in the Asia ex-Japan region (PAI).
LICs are closed-ended investment vehicles that are established in the form of a company. They do not regularly issue new shares or cancel existing shares, and so their cash flows and hence investment decisions are not impacted by daily fund inflows and outflows (as is the case for managed funds). However, the share price of a LIC can (and often does) differ from the underlying value of the LIC’s portfolio of investments.