Argo Investments
Argo Investments (ASX: ARG) is one of Australia's oldest and largest listed investment companies, founded in Adelaide in 1946.
Last updated September 11, 2026
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Overview
Argo Investments (ASX code: ARG) is one of Australia's oldest and largest listed investment companies (LICs), offering investors low-cost, conservative and diversified exposure to around 80 Australian listed companies. Founded in Adelaide in 1946 by Chartered Accountant Alf Adamson and lawyer Kevin Ward, Argo is owned by its shareholders and operated for their benefit. It is internally managed with few employees and no fees paid to external managers, and generates revenue primarily from dividends and distributions received from companies in its investment portfolio, paying the majority out as fully franked dividends. Argo has paid dividends to shareholders every year since its establishment and is one of the ASX's top 100 companies.
History
Argo Investments was founded in Adelaide in 1946 by Chartered Accountant Alf Adamson and lawyer Kevin Ward, who established it to provide a simple investment option for clients of their respective firms. Starting from a boutique investment firm with £10,000 and a small group of South Australian clients, Argo has grown to be one of the ASX's top 100 companies. As Argo's first Managing Director, Adamson laid the foundations of Argo's conservative and long-term investment approach, a philosophy maintained over time and proven resilient through various economic cycles and disruptive events since 1946. Argo has paid dividends to shareholders every year since its establishment.
Products and positioning
Low-cost, conservative and diversified exposure to around 80 Australian listed companies, with reliable fully franked dividend income and capital growth.
Product categories. Listed investment company shares (ASX: ARG)
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