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 30 June 2017 is set out in the following table.


Valued at closing prices at 30 June 2017

RankASX CodeCompany NameTotal Value $ mil
1 CBA Commonwealth Bank of Australia 654.2
2 WBC Westpac Banking Corporation 474.3
3 BHP* BHP Billiton 328.6
4 NAB* National Australia Bank 294.9
5 WES Wesfarmers 269.7
6 ANZ Australia and New Zealand Banking Group 243.8
7 CSL* CSL 239.7
8 RIO Rio Tinto 231.0
9 TLS Telstra Corporation 225.5
10 TCL Transurban Group 217.3
11 AMC Amcor 199.4
12 BXB* Brambles 130.6
13 WOW Woolworths 129.4
14 AGL AGL Energy 113.9
15 OSH Oil Search 112.4
16 AMP AMP 104.3
17 RHC Ramsay Health Care 104.1
18 WPL Woodside Petroleum 98.1
19 QBE* QBE Insurance Group 93.0
20 QUB Qube Holdings 91.9
21 TWE* Treasury Wine Estates 90.3
22 IPL* Incitec Pivot 76.0
23 ALQ ALS 68.6
24 CPU Computershare 65.9
25 JHX* James Hardie Industries 63.8
  Total 4,720.5
  As % Total Portfolio Value (excludes Cash) 69.5%

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