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What's the easiest way to invest in the agriculture sector in Australia? Is there an index fund I can buy?

Australia Securities Exchange

What's the easiest way to invest in the agriculture sector in Australia? Is there an index fund I can buy?

Postby grufydd55 » Fri Apr 12, 2013 5:54 pm

I wouldn't recommend Forex scams. I did FX trading and lost heaps.

I would rather buy AWB shares than a fund. Listed on the ASX 200 index, it's Australia's largest wheat growing company.

AWB web site: http://www.awb.com.au/growers

Dividends: http://www.asx.com.au/asx/markets/dividends.do?by=asxCodes&asxCodes=AWB&view=all

Since AWB's last trading price was $1.24, then if dividends are 9c per year then it's current annual yield is 7.25% tax free because the dividends are 100% fully franked.
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What's the easiest way to invest in the agriculture sector in Australia? Is there an index fund I can buy?

Postby elvey » Fri Apr 12, 2013 6:31 pm

The CommSec AgStocks index is made up of Australian Agricultural Co Ltd, ABB Grain Ltd, AWB Ltd, Futuris Corp Ltd, GrainCorp Ltd, Incitec Pivot, Nufarm Ltd, Queensland Cotton Holdings Ltd and Ridley Corp Ltd.

Would this be the kind of agricultural sector index fund you are looking for?

http://www.commbank.com.au/about-us/PDS_PDF/Commonwealth_Bank_Agri_indicators_March_2009.pdf
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