Brand

List of Investments

Investments included in the AFIC portfolio are selected for their profitability and long term growth prospects.

TOP 25 INVESTMENTS - ORDINARY

AFIC invests in a diverse range of Australian companies generally held for the long term.
A list of AFIC’s 25 largest holdings as at 31 May 2017 is set out in the following table.


Valued at closing prices at 31 May 2017

RankASX CodeCompany NameTotal Value $ mil
1 CBA Commonwealth Bank of Australia 629.2
2 WBC Westpac Banking Corporation 474.1
3 BHP BHP Billiton 334.4
4 NAB* National Australia Bank 300.1
5 WES Wesfarmers 287.1
6 ANZ Australia and New Zealand Banking Group 237.7
7 TLS Telstra Corporation 230.8
8 RIO Rio Tinto 229.4
9 TCL Transurban Group 225.9
10 CSL* CSL 220.8
11 AMC Amcor 188.7
12 BXB* Brambles 139.0
13 WOW Woolworths 131.9
14 AGL AGL Energy 120.6
15 OSH Oil Search 117.2
16 WPL Woodside Petroleum 105.5
17 AMP AMP 101.5
18 QBE* QBE Insurance Group 101.5
19 RHC Ramsay Health Care 97.5
20 TWE* Treasury Wine Estates 89.4
21 QUB Qube Holdings 83.8
22 IPL* Incitec Pivot 76.2
23 CPU Computershare 67.2
24 SYD* Sydney Airport 66.6
25 MQG Macquarie Group 62.4
  Total 4,718.6
  As % Total Porfolio Value (excludes Cash) 69.9%

* Indicates that options were outstanding against part or all of the holding