Original article by Simon Evans
The Australian Financial Review – Page: 13 & 25 : 18-Oct-16

Australian Foundation Investment Company MD Ross Barker expects the S&P/ASX 200 to be trading at around its current level in 12 months’ time. However, he expects the 50 largest stocks to outperform small- and medium-capitalisation stocks over the next year. Barker does not anticipate any further easing of monetary policy and says there is potential for a rise in the cash rate before the end of 2017. He adds that the major banks may not be able to sustain their dividend payouts, while large miners could potentially increase their dividends in the next few years.

CORPORATES
AUSTRALIAN FOUNDATION INVESTMENT COMPANY LIMITED – ASX AFI, STANDARD AND POOR’S ASX 200 INDEX, COMMONWEALTH BANK OF AUSTRALIA – ASX CBA, WESTPAC BANKING CORPORATION – ASX WBC, NATIONAL AUSTRALIA BANK LIMITED – ASX NAB, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ, BHP BILLITON LIMITED – ASX BHP, RIO TINTO LIMITED – ASX RIO, TRANSURBAN GROUP LIMITED – ASX TCL, SYDNEY AIRPORT – ASX SYD, RESERVE BANK OF AUSTRALIA, WOOLWORTHS LIMITED – ASX WOW