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AFIC's NTA falls in March amid market volatility

April 7, 2025 at 07:21 AM UTCBy FilingReader AI

Australian Foundation Investment Company (AFIC) reported a decline in its monthly net tangible asset (NTA) backing per share as of March 31, 2025, amidst volatile market conditions. The NTA before tax fell to AUD7.68, and after tax to AUD6.49, compared to AUD8.04 and AUD6.73 respectively at the end of February. The S&P/ASX 200 Accumulation Index declined by 3.4% during the month. The largest sector declines came from Information Technology (-9.7%) and Consumer Discretionary (-6.3%). As of March 31, 2025, AFIC's portfolio size was AUD9.7 billion, with the top holdings being Commonwealth Bank of Australia (8.8%), BHP (8.3%) and CSL (6.9%). AFIC is listed on both the ASX and NZX (code AFI).

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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