Switzer Higher Yield ETF - Managed Fund

Fund Objective

The Fund's investment objective is to provide the investor with lowrisk, quarterly income and total returns which are greater than the Reserve Bank of Australia (RBA) Overnight Cash Rate plus 1.50% to 3.00% after fees and expenses on a rolling 12-month basis

Fund Strategy

The Investment Manager is an active manager. This entails applying bottom-up fundamental analysis of both issuers of the securities and the credit quality and structural features of the securities themselves to build a diversified portfolio of Australian cash and debt investments, including listed hybrids, that seeks to offer attractive total returns whilst minimising the risk of capital loss.

Fund Performance Comparison

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Peers

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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.

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Fees Comparison

% p.a.

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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.

Fund performance

	1M	3M	6M	1Y p.a.	2Y p.a.	3Y p.a.	5Y p.a.	10Y p.a.
Total return	0.07%	0.59%	2.19%	2.43%	0.18%	-%	-%	-%
Growth return	-1.27%	-1.57%	-0.75%	-6.29%	-5.93%	-%	-%	-%
Income return	1.34%	2.16%	2.94%	8.72%	6.11%	-%	-%	-%
Market index (Bloomberg AusBond Bank 0+Y TR AUD)
Total return	0.34%	1.1%	2.21%	4.48%	4.29%	3.44%	2.1%	1.98%

As at 31 May 2023. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Switzer Higher Yield ETF

Cash: 3.89%

Fixed Interest: 96.11%

Australian Equities: 0%

International Equities: 0%

Alternatives: 0%

Average Allocation of Peers

Cash: 22.92%

Fixed Interest: 76.96%

Australian Equities: 0.05%

International Equities: 0.04%

Alternatives: 0.03%

General Information

Fund Details

Type	Description
Fund Name	Switzer Higher Yield ETF
APIR Code
Sector/Asset Class	Australian Short Term Fixed Interest
Morningstar Rating	Not Rated
Legal Structure	Investment Fund
Fund Inception	18 Dec 2020
Fund Size	$11.96 million (as at 30 Apr 2023)
Entry Price	$29.4941 (as at 7 Jun 2023)
Exit Price	$29.4351 (as at 7 Jun 2023)
Fund Status	Open

Offer information

Type	Description

FAQs about the Switzer Higher Yield ETF

What is the objective of the Switzer Higher Yield ETF managed fund?

The objective of the Switzer Higher Yield ETF managed fund is The Fund's investment objective is to provide the investor with lowrisk, quarterly income and total returns which are greater than the Reserve Bank of Australia (RBA) Overnight Cash Rate plus 1.50% to 3.00% after fees and expenses on a rolling 12-month basis

What is the strategy for the Switzer Higher Yield ETF managed fund?

The strategy of the Switzer Higher Yield ETF managed fund is The Investment Manager is an active manager. This entails applying bottom-up fundamental analysis of both issuers of the securities and the credit quality and structural features of the securities themselves to build a diversified portfolio of Australian cash and debt investments, including listed hybrids, that seeks to offer attractive total returns whilst minimising the risk of capital loss.

What is the APIR code of the Switzer Higher Yield ETF managed fund?

The APIR code of the Switzer Higher Yield ETF managed fund is .

What was Switzer Higher Yield ETF’s total return last month?

Switzer Higher Yield ETF’s total return last month was 0.07%. This was made up of a growth return of -1.27% and an income return of 1.34%. These returns were calculated as at 31 May 2023.

What was Switzer Higher Yield ETF’s total return for the last three months?

Switzer Higher Yield ETF’s total return for the last three months was 0.59%. This was made up of a growth return of -1.57% and an income return of 2.16%%. These returns were calculated as at 31 May 2023.

What is Switzer Higher Yield ETF’s one-year total return?

Switzer Higher Yield ETF’s one-year total return is 2.43%. This was made up of a growth return of -6.29% and an income return of 8.72%. These returns were calculated as at 31 May 2023.

What is Switzer Higher Yield ETF’s three-year total return?

Switzer Higher Yield ETF’s one-year total return is -%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 May 2023.

What is the asset allocation of the Switzer Higher Yield ETF managed fund?

The asset allocation of the Switzer Higher Yield ETF managed fund is :

Cash: 3.89%

Fixed Interest: 96.11%

Australian Equities: 0%

International Equities: 0%

Alternatives: 0%

What sector/asset class does the Switzer Higher Yield ETF managed fund belong to?

The Switzer Higher Yield ETF managed fund belongs to the Australian Short Term Fixed Interest sector/asset class.

What is the size of the Switzer Higher Yield ETF managed fund?

As at 30 Apr 2023, the size of the Switzer Higher Yield ETF managed fund was $11.96 million.

What is the inception date of the Switzer Higher Yield ETF managed fund?

The Switzer Higher Yield ETF managed fund has an inception date of 18 Dec 2020.

What is the current entry price of the Switzer Higher Yield ETF managed fund?

The current entry price of the Switzer Higher Yield ETF managed fund is $29.4941 per unit and the current exit price is $29.4351 per unit (as at 7 Jun 2023).

What is the current exit price of the Switzer Higher Yield ETF managed fund?

The current exit price of the Switzer Higher Yield ETF managed fund is $29.4351 per unit and the current entry price is $29.4941 per unit (as at 7 Jun 2023).

What is the minimum investment amount for the Switzer Higher Yield ETF managed fund?

The minimum initial investment amount for the Switzer Higher Yield ETF managed fund is $.

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.

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