Australian Foundation Investment Co. Ltd. · ASX:AFI
Australian Foundation Investment — FY2020 Earnings Presentation
14 slides from Australian Foundation Investment's earnings presentation, Jul 29, 2020
Slide 1: ASX Results Webcast Presentation Announcement
29 July 2020 The Manager ASX Market Announcements For personal use only Australian Securities Exchange Exchange Centre Level 4 20 Bridge Street Sydney NSW 2000 Electronic Lodgement Australian Foundation Investment Company Limited (AFIC) Results Webcast Presentation Please find attached the presentat
Slide 2: AFIC 2019/20 Results Shareholder Presentation
For personal use only AFIC 2019/20 Results Shareholder Presentation 29 July 2020
Slide 3: Disclaimer
Disclaimer Australian Foundation Investment Company Limited and its subsidiary AICS (AFSL 303209), their related For personal use only entities and each of their respective directors, officers and agents (together the Disclosers) have prepared the information contained in these materials in good fai
Slide 4: Result Summary
Result Summary For personal use only * Assumes a shareholder can take full advantage of the franking credits. AFIC Results 2019/20 3
Slide 5: Profit per share – changes from full year result in 2019 to 2020
Profit per share – changes from full year result in 2019 to 2020 • Westpac no interim dividend • NAB decreased interim dividend • ANZ no interim dividend For personal use only • Sydney Airport no interim distribution • Transurban reduced distribution • Alumina reduced dividend • James Hardie no fina
Slide 6: Market and Selected Sector Performances
Market and Selected Sector Performances S&P/ASX 200 Index Sector Performance For personal use only AFIC Results 2019/20 5
Slide 7: Portfolio Performance
Portfolio Performance (including the full benefit of franking and after costs) – per annum returns to 30 June 2020 For personal use only AFIC Results 2019/20 6
Slide 8: Major changes for the year
Major changes for the year Purchases Sales For personal use only Cochlear included participation in placement Dulux because of a takeover AFIC Results 2019/20 7
Slide 9: Top holdings
Top 40 holdings as at 30 June 2020 Rank Company % of Portfolio For personal use only 1 CSL 8.5% 2 Commonwealth Bank of Australia 7.7% 3 BHP Group* 7.0% 4 Wesfarmers 4.6% 5 Transurban Group 4.6% 6 Westpac Banking Corporation 4.0% 7 Macquarie Group 3.6% 8 National Australia Bank 3.3% 9 Woolworths Grou
Slide 10: Top holdings con't.
Top 40 holdings as at 30 June 2020 con’t. Rank Company % of Portfolio For personal use only 11 Amcor 2.5% 12 Australia and New Zealand Banking Group 2.4% 13 Telstra Corporation* 2.4% 14 James Hardie Industries 2.0% 15 Ramsay Health Care 1.9% 16 Brambles 1.9% 17 Sonic Healthcare 1.7% 18 Sydney Airpor
Slide 11: Top holdings con't.
Top 40 holdings as at 30 June 2020 con’t. Rank Company % of Portfolio For personal use only 21 Fisher & Paykel Healthcare 1.6% 22 Resmed 1.5% 23 Qube Holdings 1.4% 24 Goodman Group 1.4% 25 Woodside Petroleum 1.4% 26 Seek 1.3% 27 ASX 1.3% 28 Carsales.com 1.3% 29 Oil Search 1.2% 30 Xero 1.1% AFIC Resu
Slide 12: Top holdings con't.
Top 40 holdings as at 30 June 2020 con’t. Rank Company % of Portfolio For personal use only 31 NEXTDC 1.1% 32 APA Group 1.0% 33 Reece 1.0% 34 IRESS 0.9% 35 Cochlear 0.9% 36 ARB Corporation 0.9% 37 REA Group 0.8% 38 Computershare 0.8% 39 Cleanaway Waste Management 0.8% 40 Diversified Untied Investmen
Slide 13: Closing remarks
Closing remarks For personal use only • Valuations are high, driven by low interest rates and government stimulus • Small number of stocks driving these valuations – particularly Information Technology, Healthcare • Full impact of COVID-19 on company earnings and dividends still to play out • We bel
Slide 14: Australian Foundation
AUSTRALIAN FOUNDATION
Australian Foundation Investment Company — FY2020 Earnings Presentation on 6ix