AFIC - Australian Foundation Investment Company
$4.62
at 30 September 2008
$4.90
updated every 20 minutes
  About AFIC
AFIC is a company which seeks to invest in a variety of companies listed on the Australian Stock Exchange with the goal of providing shareholders with investment returns through access to a steady stream of fully franked dividends and increases in the value of capital invested.

AFIC’s shares are listed on the Australian and New Zealand stock exchanges. There are no entry and exit fees associated with shareholders acquiring or disposing of their shares, other than the transaction costs of your stockbroker.

The specific features available when investing in AFIC are:

A sound history of investment performance and access to a consistent stream of fully franked dividends

Access to a diversified portfolio comprising investments in around 100 companies.

Management expenses - 0.14% for the financial year to 30 June 2008

On going capital management measures, including a dividend reinvestment plan

The intention to keep shareholders informed about the Company's activities and performance

Board and Investment Committee with investment skills and business experience.



 

Current Investment Performance
We are a medium to long term investor. As a result, we assess our performance based on accumulated returns over a period of 5 to 10 years.

Comparative Performance to 30 September 2008



Please note: AFIC is not making any representations concerning its future investment performance. Investment markets can be volatile and can rise and fall quickly and sometimes significantly. Past performance is not necessarily indicative of future performace.

2008 AGM Chairman's Presentation

Click on the link below to access the presentation made to shareholders at the Company's Annual General Meeting held on 29 September 2008 in Melbourne

2008 AGM Chairman's Presentation



 
General Information Only

The information contained in this website is of a general nature. It is not advice or a recommendation to invest in AFIC. It has been prepared without taking account of your individual objectives, financial situation or particular needs. Accordingly, before making an investment decision, you should assess your own objectives, financial situation and needs; and seek your own advice as appropriate.