Australian Foundation Investment Company


		About the Company Board Role and Membership Senior Executive Profiles Corporate Governance Other Committees Other Corp. Governance Shareholder Communications Investment Committee


		Shareholder Information ASX Announcements Key Dates Annual Report Dividend History Security History


		Benefits AFIC Structure List of Investments Investment Performance How to Invest Share Price History Recent News about AFIC


		Frequently Asked Questions

List of Investments

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 2008 is set out in the following table.

Top 25 Investments – Ordinary Securities

Valued at closing prices at 30 June 2008			Total Value $ million
1	*BHP	BHP Billiton	624.9
2	*RIO	Rio Tinto	332.3
3	*CBA	Commonwealth Bank of Australia	320.8
4	*WES	Wesfarmers (a)	299.4
5	WBC	Westpac Banking Corporation	249.6
6	*TLS	Telstra Corporation	210.4
7	*NAB	National Australia Bank	201.4
8	WOW	Woolworths	151.7
9	*WPL	Woodside Petroleum	149.5
10	IPL	Incitec Pivot	119.8
11	STO	Santos	100.2
12	*ANZ	Australia & New Zealand Banking Group	96.1
13	*OSH	Oil Search	78.6
14	*ORG	Origin Energy	77.6
15	CPU	Computershare	75.1
16	SGB	St George Bank	69.0
17	QBE	QBE Insurance Group	67.9
18	*WDC	Westfield Group	65.7
19	ORI	Orica	65.3
20	*BXB	Brambles	64.2
21	*AWC	Alumina	63.8
22	*AMP	AMP	63.8
23	WAN	West Australian Newspapers Holdings	62.2
24	*AGK	AGL Energy	61.8
25	MLT	Milton Corporation	55.8
Total			3,726.8
As % of Total Portfolio Value Excludes cash and bank bills			77.8%

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

(a) Includes $52.7 million of WESN partially protected securities