Mirrabooka – an arm of the Australian Foundation Investment Company (AFIC) shed 20.9 per cent last financial year.
The chief executive of Australia’s largest listed investment company says investors believe there will be a recovery from COVID-19 within the next two to three years.
The Australian Foundation Investment Company has met with dozens of IPO hopefuls over the past six months but only backed one. Why?
Australian Foundation Investment Company has booked a hefty drop in income after many listed companies cancelled their dividend payouts amid the first wave of the pandemic.
The country's biggest listed investment company says a surge in share prices this month has left valuations feeling'full'.
They have been around for decades and their shareholders swear by them,but are the big listed investment companies all they are cracked up to be?
A listed investment company popular among retirees has seen its profit jump nearly 46 per cent thanks to share buy-backs and Labor’s franking credit refund policy.
Paying three dividends in one year has been hailed as a tactic that others could follow.
A raft of prominent big miners,investment and other companies rushed through more than $600 million special dividends at their half-year results.
Investment company sells of a big slice of heavyweight miner Rio Tinto and trims BHP holdings to capture franking credits for shareholders.