Australian Foundation Investment Company Limited (AFI.AX)
Australian Foundation Investment Company Limited operates in the Asset Management industry of the Financial Services sector, headquartered in Melbourne, VIC, AU. The stock last traded at $6.82, down 0.58% on the session, giving a market capitalisation of $8.40B. Its beta of 0.40 implies it has historically moved less than the broad market.
Australian Foundation Investment Company Limited (AFI) operates as a publicly listed investment management firm. This entity focuses its capital allocation on publicly traded companies within the Australian and New Zealand equity markets, specifically targeting value-oriented stocks. Its portfolio is constructed to include a diverse range of industries, with its performance meticulously benchmarked against the S&P/ASX 200 Accumulation Index. AFI's investment strategy is driven by a thorough, in-house fundamental analysis, employing a bottom-up research methodology to identify prospective investments. The company was founded in 1928 and is headquartered in Melbourne, Australia.
Australian Foundation Investment Company Limited is most often compared with the following Financial Services names: