asset_category:
peer_benchmark:
broad_market_index:
manager_contact_details: Array
ticker: AUI
release_schedule:
structure: Listed Investment Company
commentary_block:
factsheet_url:
fund_features:
Australian United Investment Company Limited (AUI) was founded by Sir Ian Potter in 1953 and was listed on the ASX in 1974. The company invests in a portfolio of ASX-listed securities to generate income and capital appreciation over the long-term. It aims to generate capital and growing income returns from an investment in a portfolio of ASX-listed securities. The company has a long-term investment focus and does not intend to dispose of its portfolio.
- AUI has a buy-and-hold investment style, with the company only exiting investments if the board believes there has been deterioration in the industry and/or the management.
- The company has a focus on maintaining and growing the dividend income paid to shareholders.
- Invests in ASX-listed stocks, with a heavy focus on large cap stocks.
- There are no restrictions regarding the minimum or maximum investment in any individual stock or sector and AUI may take high conviction positions in securities.
- The portfolio is concentrated with the top ten stocks accounting for 59.1% of the portfolio compared to an index weighting of 37.8% for these stocks.