The most recent annual report for BRLIX has included some changes in the holdings for this fund. The following stocks have been added:
Apple Inc
Abbot Labs
CVS/Caremark Corp
Halliburton Co
Hewlett-Packard Co
Monsanto Co
Occidental Petroleum Corp
Visa Inc

Stocks that have been dropped from the index include the following:
Applied Materials Inc
Dell Inc
Home Depot
Eli Lilly & Co
3M Co
time Warner inc
Texas Instruments Inc
Wachovia

Such rebalancing has taken place in 2-3 year intervals since the fund inception. A quick look at the numbers has shown that the changes have led to considerable improvement when compared to the calculated fund performance in the absence of these maneuvers. Certainly, I am happy to see the addition of Apple, Monsanto, and more petroleum at the loss of Home Depot, Dell, and financials. Just thought I would pass the changes on as the holdings posted on Yahoo are dated. Good luck!