Analyst Analysis, page-11

On the Stapling proposal (a popular tend amongst Fund Managers - e.g. TGP did the same thing).
I don't see how it is that much of a benefit really. Franked yield becomes a grossed up unfranked yield.... but total return is unchanged.
Maybe some benefit for a retiree or a foreign resident? Hardly worth the mgmt distraction.

Im sure this post will be met with criticism....