Will Shorten’s franking credit stunt change the game for LICs and exchange traded managed funds?

Co-founder of the Switzer Report
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I received the following email from a subscriber this week;

“I would love if you could discuss the pros and cons or what we might expect in investing in LICs (listed investment companies) if the refunding of franking credits to pension phase SMSFs were to stop.

This is serious issue for me and I am sure for many of your subscribers.

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