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Australia & International Holdings Limited (AIH)

Burrell's own Listed Investment Company

Australia & International Holdings Limited (AIH) is a listed public company trading on the National Stock Exchange of Australia (NSX). Its primary objective is to provide investors with dividend returns as well as capital growth.

AIH originated in 1985 when a group of investors formed an investment club. The investment portfolio was initially held by a private company, which in 1998 became the public company, AIH, with an NSX code of AID.

As at 30 June 2017, AIH had net assets of approximately $4.5M held in a strategically balanced and well-diversified set of portfolios. The majority of shareholder funds are invested over a medium to long-term period in both Australian and international companies, as well as managed funds.

As shown in Figure 1, most AIH investments are facilitated through its managed investment schemes: Burrell Australian Equities Trust (BAET), Burrell World Equities Trust (BWET), and the Burrell Smallcap, Midcap and Resources Trust (BSMaRT).

 

17 0912   AIH Percentage Holdings Diagram

Figure 1. AIH structure.
Well-diversified and stable.

As at 30 June 2017, approximately 89% of AIH’s investment portfolio was invested in BAET (56%), BWET (22%) and BSMaRT (11%). This was achieved through the following ownership structure: AIH owned 44.55% of the units on issue in BAET, 24.48% of the units on issue on BWET, and 28.69% of the units on issue in BSMaRT.

Through the three portfolios, AIH invested in the following industry sectors, countries and companies/investments:

AIH investment industry sectors 

30 Jun 17

     (%)

Energy 2.8
Materials  7.4
Industrials  5.0
Consumer discretionary 7.7
Consumer staples  3.9
Financials  36.0
Real estate investment trusts  6.4
Managed funds and LICs  7.9
Exchange traded funds 3.3
Others - health care, IT, telecommunications & utilities  19.6

 

Region allocation

30 Jun 17

     (%)

Australia and New Zealand  77.5
Americas 11.0
United Kingdom 0.3
Europe excl. United Kingdom 2.3
Asia Pacific excl. Australia 0.7
Global 8.2

 

Top 20 underlying investments
(approx 60% of the total value of the three portfolios, excluding cash)
30 June 2017
(% underlying portfolio)
Commonwealth Bank of Australia 12.01
Westpac Banking Corporation 4.21
Incometric Fund (IGV) Class B 4.13
ANZ USD 4.13
BHP Billiton  3.67
National Australia Bank 3.21
Australia and New Zealand Bank  3.11
Resmed Inc 2.76
Telstra Corporation  2.74
Lendlease Group   2.38
Suncorp Group  2.04
Santos  1.76
Challenger  1.58
Mirvac Group  1.49
Iluka Resources 1.44
Computershare 1.39
Wesfarmers 1.35
Insurance Group Australia  1.34
Seek 1.32
Apple 1.32

Shareholder information

Net Asset Value: The net asset value per fully paid share as at 7th December, 2017 was $3.03.

AGM date: The next AGM will be held on 22nd November 2017 at 12:00pm.

Annual Reports:

Dividend history: AIH has a strong history of paying dividends and its dividend yield compares very well.

Year  NAV (¢) Interim
ordinary

dividends
per share (¢)
Interim dividend franking (%) Final
dividends
per share (¢)
Final dividend franking (%) Total
dividends
per share (¢)
Dividend
yield (%)
2017 301.00 6.0 70 6.0 75 12.0 3.99
2016 282.00 6.0 75 6.0 75 12.0 4.26
2015 305.00 6.0 100 6.0 80 12.0 3.93
2014 310.00 6.0 100 6.0 100 12.0 3.87
2013  286.00 5.0 100 5.5 100 10.5 3.67
2012 259.00 5.0 100 5.0 100 10.0 3.86

Dividend Reinvestment Plan: AIH operates a dividend reinvestment plan that enables shareholders to receive all or part of their dividends in shares. For full details of the plan and application form, please follow the links below:

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Contact us for an obligation-free conversation.
Call 1300 4 BURRELL or read the most recent AIH newsletter for the latest news and investment results.