Founded in 1928, Australian Foundation Investment Company Limited (AFIC) is a publicly listed investment company on the Australian Securities Exchange (ASX: AFI). The company's primary business is managing a large and diversified portfolio of Australian companies with a long-term, value-oriented investment philosophy. AFIC's mission is to provide shareholders with attractive investment returns through capital growth and a steadily increasing stream of fully franked dividends. It is known for its low management expense ratio, as it is an internally managed fund, distinguishing it from many other managed funds.

Founded in

Australia