AFIC: The fine art of being dependable

True to George Soros's maxim, AFI's investing style might be boring, but it has served the company and its investors well through eight decades of tumultous markets. While it may not be as exciting as the newcomers, it has a compelling offering for investors.

In the investment world, a story sells. It sells an IPO, a managed fund or an idea - anything that an investor will jump on and open their wallet for. They tantalise with the promise of something new, or an edge to beat the market.

A story about the next up and comer appeals on all levels, and in the LIC world there have been plenty of newcomers. They all have their own merits and stories to tell.

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