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 August 2017 is set out in the following table.


Valued at closing prices at 31 August 2017

RankASX CodeCompany NameTotal Value $ mil
1 CBA Commonwealth Bank of Australia 598.8
2 WBC Westpac Banking Corporation 486.1
3 BHP* BHP Billiton 386.3
4 NAB* National Australia Bank 301.0
5 WES Wesfarmers 286.5
6 ANZ Australia and New Zealand Banking Group 249.5
7 RIO Rio Tinto 247.7
8 CSL* CSL 238.9
9 TCL Transurban Group 223.0
10 AMC Amcor 198.2
11 TLS Telstra Corporation 192.5
12 WOW Woolworths 131.7
13 BXB* Brambles 125.1
14 OSH Oil Search 110.6
15 AGL AGL Energy 103.3
16 AMP AMP 102.5
17 TWE* Treasury Wine Estates 99.2
18 RHC Ramsay Health Care 96.7
19 WPL Woodside Petroleum 94.6
20 QUB Qube Holdings 88.1
21 QBE QBE Insurance Group 82.2
22 ALQ ALS 73.4
23 IPL* Incitec Pivot 72.2
24 MQG* Macquarie Group 67.8
25 CPU Computershare 65.5
  Total 4,721.3
  As % Total Portfolio Value (excludes Cash) 69.9%

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