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....
APD Price at posting:
48.0¢ Sentiment: Hold Disclosure: Held
