Australian foundation Investment Company (AFIC) is the largest listed investment company on the ASX.
AFIC can provide a low cost, diversified exposure to Australian equities for your clients.

Key Facts

  • Investment objectives: AFIC aims to provide shareholders with attractive investment returns through access to a growing stream of fully franked dividends and enhancement of capital invested over the medium to long term.
  • Benchmark: S&P/ASX 200 Accumulation Index.
  • Size of portfolio: $7.5 billion at 31 July 2018.
  • Management cost: 0.14 per cent, no performance fees.
  • Investment style: Active, fundamental, bottom-up, value. Suggested investment period: Five years to 10 years or longer.
  • Net asset backing: released every month with top 25 investments

Key Benefits

  • Diversified portfolio primarily of ASX-listed Australian equities.
  • Tax-effective income via fully franked dividends.
  • Consistent after tax paid investment returns achieved over the long term.
  • Professional management and an experienced Board, investment and management team.
  • Ease of investing and transparent ASX pricing.
  • Shareholder meetings on a regular basis.