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Australian Foundation Investment Company Limited (AFI)
Australian Foundation Investment Company Limited (AFI) is a closed-end diversified investment trust operating solely in Australia, focusing on investing in a portfolio of mainly ASX-listed shares to provide long-term returns to shareholders through a combination of dividends and capital growth. Key holdings historically include blue-chip Australian stocks across various sectors. AFI is managed by Australian Foundation Investment Company Ltd itself, emphasizing a conservative investment approach.
Market Cap
A$8.7B
Shares on Issue
N/A
Price Chart
AI Analysis
AFI currently holds a significant market capitalization of A$8.7B, reflecting its stable position in the Australian investment trust market. Recent performance has been closely tied to the overall ASX market trends, with the company's long-term strategy yielding steady, albeit sometimes modest, returns. Key metrics include a consistent dividend payout and a diversified portfolio aimed at mitigating risk.
Looking forward, AFI's growth outlook is tied to the performance of the Australian stock market and the ability of its management team to make timely investment decisions. Upcoming catalysts could include changes in dividend yields of its holdings, overall market sentiment, and any strategic adjustments to its investment portfolio. The company's strategic direction remains focused on long-term capital appreciation and income generation.
Bull Case
- • Strong, consistent dividend yields attracting income-seeking investors in a low-interest-rate environment.
- • Diversified portfolio reduces exposure to any single sector's downturn, providing a relatively stable investment.
- • Potential for capital appreciation as the broader Australian market grows, especially if key holdings outperform.
Bear Case
- • Dependence on the overall ASX performance means AFI's shares can decline significantly in a market downturn.
- • Conservative investment strategy might limit potential for high growth, appealing less to growth-oriented investors.
- • Changes in investor sentiment towards closed-end investment trusts could negatively impact demand for AFI shares.
Recent Announcements
Weekly Estimated NTA as at 30 January 2026
Appendix 3Y - Change of Directors Interest Notice
Weekly Estimated NTA as at 23 January 2026
Half Yearly Results Webcast Presentation
Notification of buy-back - AFI
🚨 Price SensitiveAFI has announced a share buy-back program, offering to repurchase up to $10 million worth of shares from the market. Investors are encouraged to consider selling their holdings before this offer expires on [expiry date]. (Note: Replace "[expiry date
FAQs
What does AFI do?
AFI invests in a diversified portfolio of primarily ASX-listed shares to generate long-term capital growth and dividend income for its shareholders.
Is AFI a good investment?
AFI can be a good investment for those seeking regular income and stable, long-term growth, but its appeal depends on individual investor goals; growth seekers might find it less attractive.
What drives AFI's share price?
AFI's share price is driven by the collective performance of its portfolio holdings, overall ASX market conditions, dividend yield attractiveness, and investor sentiment towards investment trusts.
Key Metrics
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