AFIC Reports NTA Growth Amid Market Volatility in April 2025

Australian Foundation Investment Co. Ltd. ( (AU:AFI) ) just unveiled an update.

In April 2025, AFIC reported an increase in its net tangible asset (NTA) backing per share, reflecting a positive trend in its investment portfolio despite market volatility caused by new US tariff policies. The S&P/ASX 200 Accumulation Index experienced a rebound by the end of the month, with significant gains in sectors like Communication Services and Information Technology. However, the Energy sector saw a decline due to concerns over global growth. AFIC’s top investments include Commonwealth Bank and BHP, and the company maintains a strong position in the market with a focus on long-term growth and shareholder returns.

More about Australian Foundation Investment Co. Ltd.

Australian Foundation Investment Company Limited (AFIC) operates in the financial investment industry, focusing on long-term investments primarily in ASX-listed Australian equities. The company aims to provide shareholders with attractive returns through fully franked dividends and capital enhancement over the medium to long term. AFIC’s portfolio, valued at $10.1 billion as of April 2025, is diversified across various sectors, including banks, materials, and healthcare, with a low management cost of 0.15%.

Technical Sentiment Signal: Buy

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