Listed Investment Companies in the US

Can you offer any suggestions on the best LIC’s to consider for investment in US stocks?

A: Thanks for the question.


There are a number of LICs (listed invested companies) specialising in international shares, as per the list from the ASX below.


The obvious question is whether you are more interested in developed markets, or emerging markets. With the former, it is really a question of the USA vs Europe vs the rest.


If you are just after a LIC, probably stay with the tested names:


Hunter Hall Global Value Limited (HHV)

Magellan flagship Fund (MFF)

Platinum Capital Limited (PMC)

Templeton Global Growth (TGG)


If pressed to choose, I would look at PMC or TGG (probably split across both).


If just after a US fund only, you might want to consider an ETF like inheres IVV which tracks the US S&P 500


International Shares

AMP Capital China Growth Fund AGF Units S&P / CITIC 300 TR 1.65 Yes Dec-06   Recent

Aurora Global Income Trust AIB Units UBS Aus Bank Bill 1.33 No Dec-07   Recent

Asian MastersFund Limited AUF Shares - 1.00 Yes Dec-07   Recent

Emerging Markets Masters Fund EMF Units  - 1.08 No Oct-12   Recent

Global Masters Fund GFL Shares - 0.85 No May-06   Recent

Global Value Fund Limited GVF Shares - 1.50 Yes Jul-14   Recent

Hunter Hall Global Value HHV Shares MSCI World 1.77 Yes Mar-04   Recent

Magellan Flagship Fund MFF Shares MSCI World 1.25 Yes Dec-06   Recent

PM Capital Asian Opportunities Fund Limited PAF Shares - 1.00 Yes May-14   Recent

PM Capital Global Opportunities Fund Limited PGF Shares MSCI World 1.00 - Dec-13   Recent

Platinum Capital Limited PMC Shares MSCI World 1.50  Yes Jun-94   Recent

Sunvest Corporation Limited SVS Shares - - - Aug-87   Recent

Templeton Global Growth TGG Shares MSCI World 1.00 No May-87   Recent

US Select Private Opportunities Fund USF Units  - 0.33 No Aug-12   Recent

US Select Private Opportunities Fund 2 USG Units - - - Apr-13   Recent

U.S. Masters Holdings Limited USH Shares - - - Sept-91   Recent



Read Answer