Since inception of the core portfolio over 30 years ago, the investment strategy remains unchanged. Through a research driven active management, BKI takes a long term investment approach in quality, profitable Australian Companies that have a history of and are expected to continue to pay attractive dividends.

BKI aims to generate an increasing income stream for distribution to shareholders in the form of fully franked dividends to the extent of available imputation tax credits and also deliver long term capital growth to shareholders.

The following six pillars represent the foundation of BKI’s investment process:

Principal Activity

Sustainable business model, competitive advantage, barriers to entry, attractive industry

Income

Dividend yield, franking credits, payout ratio, dividend sustainability and growth

Management

Shareholder alignment, history of creating shareholder wealth, culture, remuneration structure

Financial Position

Debt levels, gearing ratio, interest coverage

ESG Rating

Environmental Impact, Social Aspects, Corporate Governance and MSCI – ESG Rating

Earnings and Valuation

Earnings profile, PE Multiples, EV/EBITDA Multiples