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Low-cost index funds make it easy to achieve average market returns. But if you invest in individual stocks, some are likely to underperform. For example, the Australian Foundation Investment Company Limited (ASX:AFI) share price return of 27% over three years lags the market return in the same period. Unfortunately, the share price has fallen 13% over twelve months.
Let's take a look at the underlying fundamentals over the longer term, and see if they've been consistent with shareholders retur...
>>> Read more: Those who invested in Australian Foundation Investment (ASX:AFI) three years ago are up 39%
Let's take a look at the underlying fundamentals over the longer term, and see if they've been consistent with shareholders retur...
>>> Read more: Those who invested in Australian Foundation Investment (ASX:AFI) three years ago are up 39%
