If you want to know the shares AFIC owns then look no further
The post Own AFIC (ASX:AFI) shares? Here’s what you’re invested in appeared first on The Motley Fool Australia. –
Unlike an exchange-traded fund (ETF), owning shares in AFIC means owning a portion of the company, not just a stake in a particular investment portfolio. An example of a popular ETF is the Betashares Nasdaq 100 ETF (ASX: NDQ).
At close of trade yesterday, the AFIC share price was $8.56 – even on the previous close. It is up 0.12% to $8.57 in early trade today. For context, the S&P/ASX 200 Index (ASX: XJO) was pummelled yesterday, finishing the day 1.90% lower. However, at the time of writing, it is up 0.8% today to 7,428.2 points.
If you’re looking to invest in AFIC, you might be curious as to what its philosophy is, how it invests, and most importantly – what it’s invested in.
Let’s take a closer look.
According to the company’s website, AFIC invests in between 60-80 companies across a range of industries. It says these companies are selected because of their “ability to perform through economic cycles and generate returns over the long term”.
The company’s total portfolio is worth about $9 billion. This is slightly under its market capitalisation of $10.5 billion. It pays an annual dividend of 24 cents per share, fully franked, and claims to have a management expense ratio of 0.14%. AFIC describes itself as “very low cost”.
What shares do you own when you own AFIC shares?
AFIC lists the top 25 investments it holds in its portfolio – which combined makes up more than three-quarters of its entire investment mix. These are the shares you own if you own AFIC shares.
Portfolio value ($ million)
Portfolio percentage (%)
Commonwealth Bank of Australia (CBA)
BHP Group (BHP)
Westpac Banking Corporation (WBC)
Macquarie Group (MQG)
Transurban Group (TCL)
National Australia Bank (NAB)
Woolworths Group (WOW)
Consumer Staples and Discretionary
James Hardie Industries (JHX)
Australia and New Zealand Banking Group (ANZ)
Rio Tinto (RIO)
Telstra Corporation (TLS)
Sydney Airport (SYD)
ARB Corporation (ARB)
Consumer Staples and
Sonic Healthcare (SHL)
Goodman Group (GMG)
Coles Group (COL)
Consumer Staples and
Ramsay Health Care (RHC)
AFIC shares history
Over the past 12 months, the AFIC share price has increased by 36% – overperforming the ASX 200 by about 11 percentage points.
Year-to-date, AFIC shares have appreciated by 16%. Again, they have outgrown the ASX 200 in 2021 – this time by about 5 percentage points.
Should you invest $1,000 in AFIC right now?
Before you consider AFIC, you’ll want to hear this.
Motley Fool Investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and AFIC wasn’t one of them.
The online investing service he’s run for nearly a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.* And right now, Scott thinks there are 5 stocks that are better buys.
*Returns as of August 16th 2021
Motley Fool contributor Marc Sidarous owns shares of Amcor Limited, BETANASDAQ ETF UNITS, and Westpac Banking Corporation. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of and has recommended BETANASDAQ ETF UNITS, CSL Ltd., and Xero. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has recommended ResMed. The Motley Fool Australia owns shares of and has recommended Amcor Limited, BETANASDAQ ETF UNITS, COLESGROUP DEF SET, Macquarie Group Limited, Telstra Corporation Limited, Wesfarmers Limited, and Xero. The Motley Fool Australia has recommended ARB Corporation Limited, Ramsay Health Care Limited, ResMed Inc., Sonic Healthcare Limited, and carsales.com Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.