Australian Foundation InvesCo Ord

AFI

Australian Foundation InvesCo Ord AFI Strategy

The Company aims to provide shareholders with attractive investment returns through access to a steady stream of fully franked dividends and growth of capital invested. The primary investment goals are: to pay dividends which, over time, grow faster than the rate of inflation; and to provide attractive total returns over the medium to long term. By investing in the Company, shareholders have immediate access to a diversified portfolio numbering around 75 of Australias major companies and to a Board and Investment Committee with extensive investment skills and practical business experience.
The investment objective & strategy is a summary of the investment's principal strategy as written in the prospectus. This information is pulled from the most recent product disclosure document.

Australian Foundation InvesCo Ord News & Analysis

video

ASX shares to own forever

Morningstar's James Gruber and Mark LaMonica discuss ASX shares to buy and hold forever.
stocks

16 ASX stocks to buy and hold forever

In his recent shareholder letter, Warren Buffett mentions several stocks he expects Berkshire Hathaway will own indefinitely, including Occidental Petroleum. We look at ASX stocks that investors could buy and hold forever.
fixed-income

Markets brief: Will bond yields top 5%?

Even with a slowing economy next year, investors should expect higher rates.

Morningstar Investment Ideas

Markets

Index
Last price
Change
% Change
All Ordinaries8,474.6023.700.28%
CAC 407,216.8310.15-0.14%
DAX 4019,003.1130.53-0.16%
Dow JONES (US)43,958.1947.210.11%
FTSE 1008,030.334.560.06%
HKSE19,649.91173.54-0.88%
NASDAQ19,230.7250.68-0.26%
Nikkei 22538,752.0730.410.08%
NZX 50 Index12,692.9418.450.15%
S&P 5005,985.381.390.02%
S&P/ASX 2008,220.8027.400.33%
SSE Composite Index3,428.3710.90-0.32%

Market Movers