AFI 0.40% $7.44 australian foundation investment company limited

Chris 60 - I hear what you are saying re STW, and if you look at...

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  1. 589 Posts.
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    Chris 60 - I hear what you are saying re STW, and if you look at for example over the last 3 years, both AFI & STW have gained 20% in share price.
    AFI has returned 4.2 % PA fully franked whilst STW has returned 4.8 % and only about 72 % franked.
    So they seem basically the same, but AFI favours lowest tax bracket payers (because fully franked) and STW favours those in the higher tax brackets.
    Thanks for encouraging me to check it out.
    Please correct me if I am missing something.
    Cheers
    Riv
 
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