The 4 major banks have performed well recently with news of buybacks,higher dividends etc.But if your investing for the medium to long term (5yrs+) would you hold any of them or just buy the index?

Hi Paul the 4 major banks have performed well recently with news of buybacks,higher dividends etc.But if your investing for the medium to long term (5yrs+) would you hold any of them or just buy the index(VAS for example).

A: Yes, I would continue to hold them, marginally over-weight.

I am not sure I understand the comparison to the “index”, because if you invest in the index through VAS, your exposure to the banks would be in the order of 25%.

 


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