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  5. Zurich Investments Global Equity Income - Managed fund profile

Zurich Investments Global Equity Income - Managed Fund (Closed)

Fund Objective
The Fund aims to provide investors with higher than market income distributed quarterly and derived from three sources, 1. Capital growth from global shares, 2. Dividends and franking credits from share ownership, and 3. Income from selling option premium.
Fund Strategy
The Fund invests in a portfolio of leading global shares, and their listed options. The addition of an option overlay aims to enhance the income and reduce the day-to-day investment risk of the portfolio. The investment approach is to: buy shares, in the form of a global share portfolio which delivers a primary income stream from dividends maintain a portfolio of both bought and sold options over the share portfolio, which combine to reduce and control equity risk, increase the income, and lower the volatility of the portfolio.

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 -4.73% -7.86% -4.79% -6.9% 0.63% 1.72% 1.99% -%
Growth return -4.73% -7.86% -6.22% -10.98% -4.44% -3.69% -3.99% -%
Income return 0% 0% 1.43% 4.08% 5.07% 5.41% 5.98% -%
Market index (RBA Bank accepted Bills 90 Days)
Total return 0.3% 0.91% 1.91% 4.09% 4.22% 4% 2.52% 2.06%
As at 31 Dec 2018. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Zurich Investments Global Equity Income
International Equities
54.35%
Cash
45.06%
Property & Infrastructure
0.60%
Australian Equities
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
International Equities
6.69%
Cash
44.84%
Property & Infrastructure
1.44%
Australian Equities
3.95%
Fixed Interest
20.69%
Alternatives
22.40%

General Information

Fund Details
Type Description
Zurich Investments Global Equity Income
Closed
Zurich Investment Management Limited
PMC0003AU
Alternative - Other
starstarstar (as at 31 Mar 2015)
Investment Fund
3 Aug 2010
$4.56 million (as at 31 Dec 2018)
$0.831 (as at 31 Dec 2018)
$0.826 (as at 31 Dec 2018)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) - Estimated 1.35% (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 Nov 2018)

Holding (as at 30 Nov 2018) Type % of Portfolio
X5z8c1 2720 Us Total Return Swap 6.51%
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FAQs about the Zurich Investments Global Equity Income

The objective of the Zurich Investments Global Equity Income managed fund is The Fund aims to provide investors with higher than market income distributed quarterly and derived from three sources, 1. Capital growth from global shares, 2. Dividends and franking credits from share ownership, and 3. Income from selling option premium.

The strategy of the Zurich Investments Global Equity Income managed fund is The Fund invests in a portfolio of leading global shares, and their listed options. The addition of an option overlay aims to enhance the income and reduce the day-to-day investment risk of the portfolio. The investment approach is to: buy shares, in the form of a global share portfolio which delivers a primary income stream from dividends maintain a portfolio of both bought and sold options over the share portfolio, which combine to reduce and control equity risk, increase the income, and lower the volatility of the portfolio.

The APIR code of the Zurich Investments Global Equity Income managed fund is PMC0003AU.

Zurich Investments Global Equity Income’s total return last month was -4.73%. This was made up of a growth return of -4.73% and an income return of 0%. These returns were calculated as at 31 Dec 2018.

Zurich Investments Global Equity Income’s total return for the last three months was -7.86%. This was made up of a growth return of -7.86% and an income return of 0%%. These returns were calculated as at 31 Dec 2018.

Zurich Investments Global Equity Income’s one-year total return is -6.9%. This was made up of a growth return of -10.98% and an income return of 4.08%. These returns were calculated as at 31 Dec 2018.

Zurich Investments Global Equity Income’s one-year total return is 1.72%. This was made up of a growth return of -3.69% and an income return of 5.41%. These returns were calculated as at 31 Dec 2018.

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

International Equities
54.35%
Cash
45.06%
Property & Infrastructure
0.60%
Australian Equities
0%
Fixed Interest
0%
Alternatives
0%

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

The Zurich Investments Global Equity Income managed fund belongs to the Alternative - Other sector/asset class.

As at 31 Dec 2018, the size of the Zurich Investments Global Equity Income managed fund was $4.56 million.

The Zurich Investments Global Equity Income managed fund has an inception date of 3 Aug 2010.

The current entry price of the Zurich Investments Global Equity Income managed fund is $0.831 per unit and the current exit price is $0.826 per unit (as at 31 Dec 2018).

The current exit price of the Zurich Investments Global Equity Income managed fund is $0.826 per unit and the current entry price is $0.831 per unit (as at 31 Dec 2018).

The minimum initial investment amount for the Zurich Investments Global 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.