Investment Policy
Argo’s investment strategy has a clear focus. Instead of trying to achieve stunning results in the short-term with high-risk stocks, the Company’s management aims to provide safe, steady progress, secured by a spread of investments across the Australian economy. The portfolio contains investments in about 180 companies and trusts representing a cross section of Australia’s enterprises, including a number with substantial overseas operations.
A long-term investment philosophy is adopted in selecting the portfolio which extends beyond the larger companies to include smaller companies where there is good quality management and prospects for sound earnings growth.
When considering an investment, the investment team examines the investee's business strategy and underlying business value, its key financial indicators and the quality of its management, Board and corporate governance practices.
The result of the investment policy has been to establish a diversified portfolio of quality stocks which are listed on the Australian Securities Exchange. The diverse portfolio is evidenced by the following portfolio allocation chart:-
