Switzer Daily
10 December 2020
At the outset, let me declare my
conflicts. I am a shareholder in the company that owns the promoter and Responsible
Entity (RE), Switzer Asset Management Limited. I am also a member of the
Compliance Committee of the RE. With that said, here is my road test of the
Switzer Higher Yield Fund.
The Switzer
Higher Yield Fund
The Switzer Higher Yield Fund is a
short duration bond fund that seeks to provide investors with an attractive
cash yield with low capital volatility, by investing in a portfolio of
high-quality and liquid fixed income securities.
It is not a new fund, in fact it has