asset_category:
peer_benchmark:
broad_market_index:
manager_contact_details: Array
ticker: ARG
release_schedule:
structure: Listed Investment Company
commentary_block:
factsheet_url:
fund_features:
Argo Investments Limited (ARG) is an older-style LIC, listing on the ASX in 1948. It is the second largest ASX listed LIC by market cap. ARG has a conservative approach to investing, with a long term investment horizon, and a focus on providing investors with capital and dividend growth. The company seeks to maximise long-term returns to shareholders through a balance of capital and dividend growth. Argo does this by investing in a diversified portfolio of Australian equities, which is actively managed in a tax-aware manner within a low-cost structure. The company invests in a core group of blue chip stocks, which is essentially the top 20 positions held in the portfolio, which generate the majority of the company’s dividend income. Growth is generated from a diversified investment across both large and smaller cap stocks which the company believes have sound management and good earnings growth potential.
- ARG has a buy-and-hold investment style, aiming to overlook short-term market volatility. It
is a value investor with a bottom-up approach to investment analysis. - ARG invests in a diversified portfolio of ASX-listed stocks. It has a long-term approach to investing and portfolio churn is low.
- The portfolio is weighted to large cap stocks with the majority of portfolio allocated to top 50 ASX stocks.