Summary: Listed investment companies AUI and DUI focus on blue-chip Australian companies. When making investments, they consider the outlook for a company’s sector, as well as a company’s ability to grow its profits over time. AUI focuses on Australian equities, while DUI offers diversification with a move into international investing through exchange-traded funds.
Key take out: The key to the outperformance of AUI and DUI is a long-term investment approach with low turnover.
Key beneficiaries: General Investors. Category: Shares.