Just venting to myself here but what people dont realise is while BKI overweight on one sector, as Australia evolves into the future and maybe banks become redundant, they will pick up on other sectors Australia are known for. Perhaps health? I'm not sure. But that is why I love LIC's. I get exposure to Banks while they are strong now, if Australia's economic policy & strategy change, LIC's will be all over that and adjust accordingly.
Ann: BKI Announces Entitlement Offer and General Offer, page-37
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