Overview

The Switzer Higher Yield Fund seeks to provide investors with an attractive cash yield with minimal capital volatility. The Fund aims to achieve a return greater than the Benchmark each year, before tax and after fees and expenses over rolling three year periods.

The fund invests in a diverse range of yield bearing assets including cash, debt and hybrid securities and is suitable for investors seeking a sustainable income stream who are prepared to hold their investment for at least three years.

The investment philosophy is based on the premise that value can be created by using top down macro-economic analysis combined with a bottom up quantitative overlay to uncover and profit from the mispricing of debt and hybrid securities. Switzer’s “active” style seeks to take advantage of mispricing thereby providing yield and potential for capital gain.

  • Access attractive cash yield with minimal capital volatility
  • An experienced manager with a long track record
  • Low management fee
  • An alternative source of yield from familiar blue chip companies like Telstra, Macquarie and NAB

Fund Objectives

The performance of objective of the portfolio is:

  • To achieve a return greater than the Benchmark each year, before tax, after fees and expenses over rolling three year periods; and,
  • To generate an attractive cash yield with minimal capital volatility.

More Information

Key Fund Info

Key Fund Facts

Fund Investments Cash, Debt and Hybrid
Securities.
Benchmark RBA Cash +1.50% – 2.00%
Minimum Number of Investments 25
Sector Exposure Limits (GICS) 35% Banks, 25% Others.
Maximum Single Issuer Exposure 15% for CBA, WBC, ANZ, NAB. 7.5% Others
Duration Limits Maximum 2 Years
Recommended Investment Period At least 3 years
Unit Price Variable, calculated daily
Access to Funds Within 5 business days
Management Fee 0.90%
Distributions Half-yearly (December/June)
Application/Withdrawal Fee Nil
Minimum Investment $5,000
APIR Code SWI001AU



Why Invest

Experience

The Switzer Higher Yield Fund gives investors access to some of the most experienced investment professionals in the country, including Jarrod Deakin. The Fund is managed by a known and trusted Australian financial services brand, Switzer Asset Management.

Diversification

The Fund enables investors to access income from an asset class which most retail investors overlook. Debt and hybrid securities are an essential part of a diversified portfolio.

Protect Your Capital

Debt is higher up the corporate structure than equity, which means interest payments to debt holders is required to be paid before dividends are paid to shareholders. Because of this, debt securities are far less volatile than equity.

The Manager

Switzer Asset Management is the investment manager of the Fund. Switzer Asset Management is a wholly owned subsidiary of Contango Asset Management.

Investors will have the benefit of having their funds overseen by a highly experienced investment committee.

Peter Switzer

Chairman and Non-executive Director

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Paul Rickard

Non-executive Director

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Peter Switzer

Chairman and Non-executive Director

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Paul Rickard

Non-executive Director

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How To Invest

Download the PDS
Download the PDS

Download and read the product disclosure statement (PDS)

Download
Complete the application form
Complete the application form

Complete our online application form at the link below. Please contact 1300 001 750 if you require assistance.

Apply now