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  5. Zurich Investments Equity Income - Managed fund profile

Zurich Investments Equity Income - Managed Fund (Closed)

Fund Objective
To provide investors with regular income and some capital growth from the Australian share market.
Fund Strategy
The Fund invests in a range of securities listed on the Australian Securities Exchange that are expected to deliver a regular income stream. The Fund maintains a portfolio of bought and sold options over shares and equity index futures in order to deliver additional income and reduce investment risk.

Fund Performance Comparison

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Fees Comparison

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NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.
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Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 2.99% 6.96% 15.19% 10.47% 8.29% 8.7% 4.13% 6.49%
Growth return 2.9% 5.79% 12.22% 4.43% 2.37% 2.74% -2.2% -1.35%
Income return 0.09% 1.17% 2.97% 6.04% 5.92% 5.96% 6.33% 7.84%
Market index (S&P/ASX 200 TR AUD)
Total return 3.27% 5.33% 14.17% 14.45% 7.03% 9.62% 9.15% 8.27%
As at 30 Jun 2019. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Zurich Investments Equity Income
Australian Equities
79.36%
International Equities
1.90%
Cash
15.06%
Property
3.69%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
91.51%
International Equities
4.01%
Cash
0.83%
Property
3.24%
Fixed Interest
0.35%
Alternatives
0.06%

General Information

Fund Details
Type Description
Zurich Investments Equity Income
Closed
Zurich Investment Management Limited
ZUR0538AU
Equity Australia Derivative Income
starstar (as at 30 Jun 2019)
Investment Fund
3 Oct 2006
$164.1 million (as at 31 Jul 2019)
$0.66 (as at 29 Jul 2019)
$0.6587 (as at 29 Jul 2019)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) - Estimated 1.50% (as at 30 Jun 2018) (Estimated)
Minimum initial investment $5,000.00
Minimum additional investments $1,000.00
Minimum redemption amount $1,000.00

Top 10 holdings (as at 30 Jun 2019)

Holding (as at 30 Jun 2019) Type % of Portfolio
Westpac Banking Corp Equity 14.60%
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FAQs about the Zurich Investments Equity Income

The objective of the Zurich Investments Equity Income managed fund is To provide investors with regular income and some capital growth from the Australian share market.

The strategy of the Zurich Investments Equity Income managed fund is The Fund invests in a range of securities listed on the Australian Securities Exchange that are expected to deliver a regular income stream. The Fund maintains a portfolio of bought and sold options over shares and equity index futures in order to deliver additional income and reduce investment risk.

The APIR code of the Zurich Investments Equity Income managed fund is ZUR0538AU.

Zurich Investments Equity Income’s total return last month was 2.99%. This was made up of a growth return of 2.9% and an income return of 0.09%. These returns were calculated as at 30 Jun 2019.

Zurich Investments Equity Income’s total return for the last three months was 6.96%. This was made up of a growth return of 5.79% and an income return of 1.17%%. These returns were calculated as at 30 Jun 2019.

Zurich Investments Equity Income’s one-year total return is 10.47%. This was made up of a growth return of 4.43% and an income return of 6.04%. These returns were calculated as at 30 Jun 2019.

Zurich Investments Equity Income’s one-year total return is 8.7%. This was made up of a growth return of 2.74% and an income return of 5.96%. These returns were calculated as at 30 Jun 2019.

The asset allocation of the Zurich Investments Equity Income managed fund is :

Australian Equities
79.36%
International Equities
1.90%
Cash
15.06%
Property
3.69%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the Zurich Investments Equity Income managed fund is Zurich Investment Management Limited.

The Zurich Investments Equity Income managed fund belongs to the Equity Australia Derivative Income sector/asset class.

As at 31 Jul 2019, the size of the Zurich Investments Equity Income managed fund was $164.1 million.

The Zurich Investments Equity Income managed fund has an inception date of 3 Oct 2006.

The current entry price of the Zurich Investments Equity Income managed fund is $0.66 per unit and the current exit price is $0.6587 per unit (as at 29 Jul 2019).

The current exit price of the Zurich Investments Equity Income managed fund is $0.6587 per unit and the current entry price is $0.66 per unit (as at 29 Jul 2019).

The minimum initial investment amount for the Zurich Investments Equity Income managed fund is $5,000. Minimum additional investment is $1000.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.