Australian Foundation Investment Company (ASX:AFI)
Mark Freeman
MD & CEO
Market Cap (AUD): 6.84B
Sector: Financials
Last Trade (AUD):
5.78 +0.13 (+2.3%)
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1. About
Australian Foundation Investment Company is a listed investment company investing in Australian and New Zealand equities.
Australian Foundation Investment Company's primary activity is the investment of capital in securities of ASX-listed companies in Australia. The Company's investment portfolio includes the following companies: BHP Billiton, Commonwealth Bank of Australia, Westpac Banking Corporation, Rio Tinto, Telstra, Wesfarmers, Woolworths, and AGL Energy.
The key benefits of investing in the Company are:
- Diversified portfolio
- Tax effective income via fully franked dividends
- Consistent after tax paid returns
- Experienced Board, investment and management team