Australian Foundation Investment Company Limited specializes in investing in Australian equities. The Company has a diverse portfolio of 75 Australian companies. The Company follows a dividend reinvestment plan which allows investors to cost effectively put their dividends back into the Company. FIC focuses on investing in Australian companies with assets, brands and/or business footprints that can withstand the business cycles. The Company also looks for management and Board strength and for sound, disciplined financial metrics covering returns on investment, profit margins, cash flow and gearing. The Company has investments in: Commonwealth Bank of Australia, Westpac Banking Corporation, BHP Billiton, Wesfarmers, National Australia Bank, Australia & New Zealand Banking Group etc.