Ann: Changes to allowable investments, page-34

Interesting posts.  I've been having a hard look at DUI as a mainly defensive blue chip portfolio LIC .  Top 25 holdings look good, just over 4% divi plus franking and below NTA of $3.60 at 30th Nov and low fees.
Any thoughts/negatives anyone?  I'm currently holding LICs:  CDM, FGX, PIC, WAX.

	Column 1	Column 2	Column 3
0	As at 30 November 2014 the twenty-five largest shareholdings of the company, at market values were: Company	Market Value $’000	%Market Value of Total Investments
1	1. Commonwealth Bank of Australia Ltd	64,576	7.8%
2	2. ANZ Banking Group Ltd	60,648	7.3%
3	3. Westpac Banking Corporation Ltd	58,590	7.1%
4	4. CSL Ltd	49,542	6.0%
5	5. BHP Billiton Ltd	49,472	6.0%
6	6. National Australia Bank Ltd	39,120	4.8%
7	7. Woodside Petroleum Ltd	35,750	4.3%
8	8. Rio Tinto Ltd	35,460	4.3%
9	9. Transurban Group	30,747	3.7%
10	10. Medibank Private Ltd	28,210	3.4%
11	11. Woolworths Ltd	21,784	2.6%
12	12. Wesfarmers Ltd	18,316	2.2%
13	13. Oil Search Ltd	15,940	1.9%
14	14. Origin Energy Ltd	14,700	1.8%
15	15. AMP Ltd	14,100	1.7%
16	16. Washington H Soul Pattinson & Co Ltd	14,090	1.7%
17	17. Asciano Ltd	12,936	1.6%
18	18. Computershare Ltd	12,705	1.5%
19	19. Vanguard US Total Market Shares Index ETF	12,614	1.5%
20	20. Mystate Ltd	11,908	1.5%
21	21. Vanguard All-World Ex-US Shares Index ETF	11,363	1.4%
22	22. Sonic Healthcare Ltd	8,725	1.1%
23	23. Scentre Group	8,374	1.0%
24	24. Westfield Corporation	8,290	1.0%
25	25. Perpetual Ltd	7,741	0.9%
26	645,701	78.1%

Other LICs seem to like it too:

FIRST 20 INVESTORS REPORT
TUESDAY 11 NOVEMBER 2014
Current % Issued
Rank Investor Balance Capital
Sec. Group: DUI - DUI DUIN
1 THE IAN POTTER FOUNDATION LTD 25,123,838 12.21%

2 NATIONAL NOMINEES LIMITED 15,810,248 7.68%
3 AUSTRALIAN FOUNDATION 14,436,243 7.01%
INVESTMENT COMPANY LIMITED
4 AUSTRALIAN UNITED INVESTMENT 14,400,000 7.00%
COMPANY LIMITED
5 ARGO INVESTMENTS LIMITED 12,203,490 5.93%
6 DUNDEE TRADING PTY LIMITED 6,398,349 3.11%
7 BETA GAMMA PTY LTD 2,410,073 1.17%

8 MR CHARLES BARRINGTON GOODE 2,000,175 .97%
9 THE IAN POTTER FOUNDATION LTD 1,800,000 .87%

10 ALDACK PTY LTD 1,395,300 .68%

11 RBC INVESTOR SERVICES 1,250,000 .61%
AUSTRALIA NOMINEES PTY LIMITED

12 WILLPOWER INVESTMENTS PTY LTD 1,202,653 .58%​

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