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

Relative Fund Performance vs {{ fund.benchmark.peers.peerCount }} peers using {{ fund.benchmark.name }} as their benchmark.

{{ fund.name }}

Peers

Benchmark ({{ fund.benchmark.name }})

{{ fund.model.name }}

The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.

Fees Comparison

% p.a.

Average of peers ({{ fund.benchmark.peers.peerCount }})

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.

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	1.3%	-1.01%	3.65%	10.32%	10.88%	11.39%	9.89%	9.31%

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 & Infrastructure: 3.69%

Fixed Interest: 0%

Alternatives: 0%

Average Allocation of Peers

Australian Equities: 95.35%

International Equities: 4.37%

Cash: -0.56%

Property & Infrastructure: 1.39%

Fixed Interest: -0.49%

Alternatives: -0.05%

General Information

Fund Details

Type	Description
Fund Name	Zurich Investments Equity Income
Fund Status	Closed
Responsible Entity	Zurich Investment Management Limited
APIR Code	ZUR0538AU
Sector/Asset Class	Equity Australia Derivative Income
Morningstar Rating	(as at 30 Jun 2019)
Legal Structure	Investment Fund
Fund Inception	3 Oct 2006
Fund Size	$164.1 million (as at 31 Jul 2019)
Entry Price	$0.66 (as at 29 Jul 2019)
Exit Price	$0.6587 (as at 29 Jul 2019)
Fund Status	Finalised

Offer information

Type	Description
MER	1.87% (as at 30 Jun 2007)
Indirect Cost Ratio (ICR) - Estimated	2.88% (as at 30 Jun 2020) (Estimated)
Performance fee (included in ICR)	0
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%
Login now to view the complete list of holdings.

Your guide to next steps

Dealing with a struggling fund? What to Do and Look For

How to Assess your Managed Fund: And How to Choose the Next One

Your managed fund switching checklist. Is fear of capital gains tax holding you back?

The Great Investment Fee Scam is hiding in plain sight. And it's ripping us all off.

Guide to tidying up your Portfolio Manager holdings

FAQs about the Zurich Investments Equity Income

What is the objective of the Zurich Investments Equity Income managed fund?

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.

What is the strategy for the Zurich Investments Equity Income managed fund?

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.

What is the APIR code of the Zurich Investments Equity Income managed fund?

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

What was Zurich Investments Equity Income’s total return last month?

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.

What was Zurich Investments Equity Income’s total return for the last three months?

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.

What is Zurich Investments Equity Income’s one-year total return?

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.

What is Zurich Investments Equity Income’s three-year total return?

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.

What is the asset allocation of the Zurich Investments Equity Income managed fund?

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

Australian Equities: 79.36%

International Equities: 1.90%

Cash: 15.06%

Property & Infrastructure: 3.69%

Fixed Interest: 0%

Alternatives: 0%

Who is the responsible Entity of the Zurich Investments Equity Income managed fund?

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

What sector/asset class does the Zurich Investments Equity Income managed fund belong to?

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

What is the size of the Zurich Investments Equity Income managed fund?

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

What is the inception date of the Zurich Investments Equity Income managed fund?

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

What is the current entry price of the Zurich Investments Equity Income managed fund?

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).

What is the current exit price of the Zurich Investments Equity Income managed fund?

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).

What is the minimum investment amount for the Zurich Investments Equity Income managed fund?

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.

What our members say about us