Australian Foundation Investment Company

Australian Foundation Investment Company is a publicly owned investment manager based in Melbourne, Australia. Established in 1928, the firm focuses on investing in value stocks within the public equity markets of Australia and New Zealand. It employs a fundamental analysis approach, emphasizing bottom-up research conducted in-house to guide its investment decisions. The company seeks to deliver attractive returns to shareholders through a consistent stream of fully franked dividends and aims for medium to long-term capital growth. Its investment performance is benchmarked against the S&P/ASX 200 Accumulation Index, with the goal of achieving dividend growth that outpaces inflation while providing overall appealing total returns.