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Australian Foundation Investment Company Limited (AFIC) is an Australian investment company focused on managing a diversified portfolio of Australian equities. AFIC invests across a range of sectors, including financials, resources, healthcare, and consumer goods, aiming to provide long-term capital growth and consistent dividend income for its shareholders. The company follows a conservative investment approach, selecting high-quality companies with sustainable business models and strong management teams. AFIC is structured as a listed investment company (LIC), allowing individual investors to gain exposure to a diversified portfolio of Australian stocks. The company is headquartered in Melbourne, Victoria, and its shares are listed on the Australian Securities Exchange.
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