Investments included in the AFIC portfolio are selected for their profitability and long-term growth prospects.
A list of AFIC’s 25 largest holdings as at 30 June 2010 is set out in the following table.
Top 25 Investments – Ordinary Securities
Valued at closing prices at 30 June 2010 |
Total Value
$ million
|
|
1
|
*BHP
|
BHP Billiton
|
537.5
|
| 2 |
CBA |
Commonwealth Bank of Australia
|
421.1 |
| 3 |
WBC |
Westpac Banking Corporation
|
387.2 |
| 4 |
RIO
|
Rio Tinto
|
238.2
|
|
5
|
WES
|
Wesfarmers (a)
|
217.0
|
|
6
|
NAB
|
National Australian Bank
|
204.6
|
|
7
|
WOW |
Woolworths |
167.6 |
|
8
|
TLS
|
Telstra Corporation
|
162.7
|
|
9
|
*ANZ
|
Australia & New Zealand Banking Group
|
151.1
|
|
10
|
WPL
|
Woodside Petroleum
|
109.2
|
| 11 |
CPU
|
Computershare
|
86.5 |
| 12 |
STO
|
Santos
|
86.3 |
|
13
|
*QBE |
QBE Insurance Group
|
84.1
|
|
14
|
AMC
|
Amcor
|
80.5
|
|
15
|
*ORG
|
Origin Energy
|
78.3
|
|
16
|
*OSH
|
Oil Search
|
77.7
|
|
17
|
ORI
|
Orica
|
63.2
|
|
18
|
*TCL
|
Transurban Group
|
63.0
|
|
19
|
AGK
|
AGL Energy
|
63.0
|
|
20
|
*AMP
|
AMP
|
56.1
|
|
21
|
AIX
|
Australian Infrastructure Fund
|
55.5
|
|
22
|
WDC
|
Westfield Group
|
54.6
|
|
23
|
WAN
|
West Australian Newspapers Holdings
|
52.6
|
|
24
|
CCL
|
Coca-Cola Amatil
|
51.1
|
|
25
|
IPL
|
Incitec Pivot
|
49.4
|
|
Total
|
3,589.2
|
|
As % of Total Portfolio Value
Excludes cash and bank bills
|
80.9%
|
* Indicates that options were outstanding against part or all of the holding in the Trading Portfolio
(a) Includes $40.3 million of WESN partially protected securities
