Australian Foundation Investment Company Limited

AFIC is the largest LIC in Australia. We’ve been investing in Australian and New Zealand equities since 1928.
Our experienced team manage the AFIC portfolio with a long-term lens – aiming to provide shareholders with attractive investment returns through access to a growing stream of fully franked dividends and growth in capital invested.

Join the 130,000 shareholders across Australia that have already invested in AFIC and start enjoying the benefits:

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AFIC Discuss Their Investment Process
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AFIC Dividend Reverts As Earnings Slide

Like its stablemate, Mirrabooka Investments, the disappearance of the threat to dividend imputation from an ALP win in the 219 federal election saw Australian Foundation Investment Co, the country’s biggest listed investment co (LIC) slash returns to its investors for the six months to December 31.

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AFIC Misses Mid-Cap, Tech Rally

AFIC is the country’s biggest listed investment company, or LIC and it and its outriders such as Djerrawarrh Investments and Mirrabooka, not to mention rivals like Milton, caught the surge in big miners like BHP, but were undone by the weakness in bank shares.

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AFIC Rotates Out Of Banks

Australian Foundation Investment Co (AFIC) is sending a big message to small investors – be wary of the big banks. Joining a senior fund manager from Perpetual in warning about the sustainability of the banks as big dividend generators, AFIC yesterday revealed that it was matching its words with action by selling down its stakes in the big banks.

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AFI Confident Despite Profit Fall

Australia’s largest listed investment company, Australian Foundation (AFI), says it is cautious, but confident about the outlook, despite experiencing the anticipated slump in earnings for the December half year as public companies cut dividends to preserve cash.

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AFI Rides Market Boom

As expected, Australian Foundation Investment Company produced a strong result in the year to June with after tax net operating profit rising by almost 25 per cent to $224.4 million from 2006's $179.6 million.

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