Wow. AFIC still claiming to be outperforming the XJO thanks to 'net asset per share growth' over a 12 month period to May 31 / 2024. Yet, the price chart over that same period shows that the XJO has risen by over 8.5%. Meanwhile, AFIC has floundered with an increase with a tick over 1% in that 12 month period to May 31. Tell me I'm wrong (and back it up).
Been trading at a discount for quite some time now. I'm assuming that all of the people who say to buy this at a discount have been investing heavily over the past 12 months? Or, is AFIC going to go the same way as their kissing cousins and trade at a discount - permanently? Where are the investors of the future investing their money? Old fashioned LICS or ETF's? I believe that it's because of this that AFIC will trade at a discount for the foreseeable future.
The stats regarding inflows into passive management vehicles like ETF's that are cheaper than LICS is compelling.
Days of trading at a premium are over. When you consider the share of the pie that AFIC have invested in banks at a time when banks have been roaring, AFIC has barely moved the needle whilst offering up a meagre 3.5% dividend.
Laggard.
- Forums
- ASX - By Stock
- Ann: NTA & Top 25 Investments as at 31 May 2024
Wow. AFIC still claiming to be outperforming the XJO thanks to...
-
-
- There are more pages in this discussion • 12 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AFI (ASX) to my watchlist
|
|||||
Last
$7.46 |
Change
0.030(0.40%) |
Mkt cap ! $9.336B |
Open | High | Low | Value | Volume |
$7.47 | $7.49 | $7.43 | $2.953M | 395.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 6719 | $7.44 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.47 | 5130 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 6719 | 7.440 |
1 | 1345 | 7.430 |
1 | 1500 | 7.420 |
1 | 6747 | 7.410 |
5 | 8257 | 7.400 |
Price($) | Vol. | No. |
---|---|---|
7.470 | 5130 | 2 |
7.480 | 9731 | 3 |
7.490 | 20051 | 6 |
7.500 | 119473 | 46 |
7.510 | 14275 | 5 |
Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
Featured News
AFI (ASX) Chart |