In this edition of the IIR LMI Monthly Update we take a look at the key newsflow in November and December and take a look back at the performance of LICs and LITs in 2024.

Plato Income Maximiser Limited (ASX: PL8) (“PL8” or the “Company”) focuses on achieving two objectives: firstly to deliver an income yield, including franking credits and after fees, in excess of that provided by the benchmark (the S&P/ASX 200 Franking Credit Adjusted Daily Total Return Index (tax exempt)); and over each full investment cycle (typically 3 to 5 years) to generate …

Sandon Capital Investments Limited (ASX: SNC) (“SNC” or the “Company”) is a listed investment company (LIC) that provides exposure to a highly concentrated portfolio of primarily Australia equities and an activist investment strategy. The Company has a track record of over 10 years, with the Company listing in December 2013. The portfolio is managed by Sandon Capital Pty Ltd, a …