Bki Investment Co Ltd (ASX:BKI) is a listed investment company (LIC) that was formed in 2003 to take over and manage the investment portfolio of Brickworks Limited (ASX: BKW). BKI’s objective is to generate an increasing income stream through a long term investment portfolio that would grow over time. The core portfolio was created around 30 years ago.
The ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open lower today, the USA’s S&P 500 Index (.INX) fell by 0.65% on Wednesday.
The listed investment company (LIC) industry is rising as investors celebrate keeping their franking credits.
It has been widely discussed over the last year that SMSF investors are concerned about possible changes to the treatment of franking credits. Many LICs
The S&P/ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open lower today, the USA’s S&P 500 Index (.INX) went down 1.42% on Tuesday.
The Australian share market, or S&P/ASX 200 (INDEXASX:XJO)(ASX:XJO), is expected to open flat on Wednesday.