-
Posted by
Two Blokes Fri at 8:00 PM -
Filed in
Stock
-
2 views
PKB aims to offer exposure to firms operating in the construction sector, and has a reasonable track record, though not as strong as the S&P 500. My main concern with PKB is its quant-based equity selection, which results in a high level of concentration, some strange holdings and some absent mega-cap household names. PKB's investment case seems to be also weakened by negligible income, high fees and a high earnings multiple.
