Medibank allocation

I have about $75,000 in cash in my SMSF and have a Medibank policy, and registered for the upcoming IPO.

How much of this do you think I should allocate to Medibank versus other stocks (CSL, WOW, RESMED, AMC. TLS etc.) that seem to be good buys at this time due to the correction?

I am presently underweight in health stocks.

A: I really want to see  what the prospectus says first – let’s find out how expensive or cheap it is – and what dividend it is going to pay. Also, what the allocation policy is going to be.


That said, with a market cap of circa $4bn – and in an industry (health insurance) which is interesting but not compelling – it is unlikely to be a core stock in portfolios.



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