Australian Foundation Investment Company Limited

Australian Foundation Investment Company (AFIC) is an Australian investment company. According to its website, AFIC invests in 60 to 80 companies across a range of industries selected for their ability to perform through economic cycles and generate long-term returns, with low management costs and no additional performance fees. It aims to provide shareholders with long-term returns and stable to growing ordinary dividends over time. Its website lists key facts including a total portfolio of $9.8bn, an annual fully franked dividend of 0.315 cents per share, and a management expense ratio of 0.14% for financial year 2025/26. Financial services are provided by Australian Investment Company Services Limited (AICS) under an Australian Financial Services Licence.

Australian Foundation Investment Company (AFIC) is described on its website as an Australian investment company. Its website states that AFIC invests in 60 to 80 companies across a range of industries, selected for their ability to perform through economic cycles and generate returns over the long term, and that it aims to provide shareholders with long-term returns and to pay stable to growing ordinary dividends over time. The website also states that financial services are provided by Australian Investment Company Services Limited (AICS) under an Australian Financial Services Licence.

Low-cost, long-term diversified investment with stable to growing ordinary dividends.

• Listed investment company shares

  Shares in AFIC can be bought through a broker; the website notes full-service and online brokers.

1. 1AFIC | Australian Foundation Investment Companyafi.com.au
2. 2AFIC | Financial Service Guideafi.com.au
3. 3Australian Foundation Investment Company Limitedwikidata.org