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 March 2017 is set out in the following table.


Valued at closing prices at 31 March 2017

RankASX CodeCompany NameTotal Value $ mil
1 CBA Commonwealth Bank of Australia 678.7
2 WBC Westpac Banking Corporation 545.0
3 BHP BHP Billiton 336.3
4 NAB* National Australia Bank 332.2
5 WES Wesfarmers 303.0
6 ANZ* Australia and New Zealand Banking Group 275.3
7 TLS Telstra Corporation 244.4
8 RIO Rio Tinto 220.8
9 CSL* CSL 214.0
10 TCL Transurban Group 214.0
11 AMC Amcor 185.2
12 WOW Woolworths 134.2
13 AGL AGL Energy 124.8
14 BXB* Brambles 123.6
15 OSH Oil Search 119.0
16 WPL Woodside Petroleum 105.3
17 AMP AMP 104.1
18 QBE QBE Insurance Group 101.5
19 RHC Ramsay Health Care 98.9
20 TWE* Treasury Wine Estates 84.0
21 IPL* Incitec Pivot 83.8
22 QUB Qube Holdings 81.3
23 HSO Healthscope 68.1
24 CPU Computershare 65.5
25 JHX* James Hardie Industries 64.0
  Total 4,907.0
  As % Total Porfolio Value (excludes Cash) 70.6%

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