Australian Foundation Investment Co Ltd (AFIC) is an investment management company, which invests in the public equity markets of Australia and New Zealand. The company’s target sectors include information technology, materials, utilities, energy, communication services, ASX 200, consumer discretionary, banks, industrials, real estate, consumer staples, and healthcare. AFIC’s investment objective is to provide medium- to long-term capital gains, capital growth, and a consistent stream of fully-franked dividends to its investors. The company’s objective is also to provide dividends that grow faster than the rate of inflation over time. It also operates a trading portfolio. AFIC is headquartered in Melbourne, Australia.
Headquarters
Australia
Address
L 21 101 Collins St, Melbourne, Victoria, 3000
Website
www.afi.com.au
Telephone
61 3 96509911
No of Employees
18
Industry
Financial Services
Ticker Symbol & Exchange
AFI (ASX)
Revenue (2023)
$242.8M
-11.2%
(2023 vs 2022)
EPS
XYZ
Net Income (2023)
XYZ
-14.1%
(2023 vs 2022)
Market Cap*
$5.8B
Net Profit Margin (2023)
XYZ
-3.3%
(2023 vs 2022)
* As of and is in US$
Products and Services
| Services | Brands |
|---|---|
| Trading | AFIC |
| Investment |
Competitor Comparison
| Key Parameters | Australian Foundation Investment Co Ltd | Argo Investments Ltd | Australian United Investment Company Ltd | Djerriwarrh Investments Limited | Mirrabooka Investments Limited |
|---|---|---|---|---|---|
| Headquarters | Australia | Australia | Australia | Australia | Australia |
| City | Melbourne | Adelaide | Melbourne | Melbourne | Melbourne |
| State/Province | Victoria | South Australia | Victoria | Victoria | Victoria |
| No. of Employees | 18 | 14 | - | - | - |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Mark Freeman | Managing Director; Director; Chief Executive Officer | Executive Board | 2018 | - |
| Andrew JB Porter | Company Secretary; Chief Financial Officer | Senior Management | - | - |
| Craig Drummond | Chairman | Non Executive Board | - | - |
| Julie Fahey | Director | Non Executive Board | 2021 | - |
| Graeme R Liebelt | Director | Non Executive Board | 2012 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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