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Hi JIT Bouncing back on this thread as I just read a link you posted on InvestED some years back ('07). Why L-I-Cs can be D-U-Ds - Eureka Report Article What made you change your mind to LIC's rather than the previous interest in Index Funds? Looking at one of the better LIC's, ARG...

Why LIC's and has the dividends made up for the loss in share price value? Is there a rebalancing scheme within the LIC's utlizing counter cyclical investments, which would seem to be the merit of going to index funds, bonds etc? Toying with many things at present so am honestly interested

Did you ever get a response JIT?