BKI is pleased to announce it has received a ‘Recommended‘ rating from Lonsec. This rating indicates that Lonsec has strong conviction that BKI can generate risk adjusted returns in line with the relevant objectives. The financial product is considered an appropriate entry point to the asset class or strategy.
Lonsec went on to say in the report that BKI has a “strong long-term track record of paying fully franked dividends and meeting its investment objectives”. It has “an experienced Board of Directors, Investment Committee and portfolio management team with strong alignment of interest with share-holders” and has “very low management costs” (expected MER of 0.14% of NAV).