I've got a quick question regarding the report the ASX provide covering the LICS vs NTAs.
So from what I can tell ideally it is best to buy LICs when it is trading at a discount to the underlying NTA.
I'm just trying to understand the report, going by the below image are the LICs that are trading at a discount having a negative value in the Prem/Disc Post-Tax NTA % column such as ACQ and ALR hinting they are undervalued and a good buy at the time?
I'm looking to invest into a LIC long term, a set and forget investment. Ideally from what I can tell either AFI or ARG when the time is right. Trying to work that out now.