Switzer Dividend Growth Fund

Switzer Asset Management has joined with Contango Asset Management to launch the Switzer Dividend Growth Fund, a new Exchange Traded Fund (ASX: SWTZ).

The Fund aims to provide investors with consistent dividends and long term capital growth, by investing in a core portfolio of high-yielding blue-chip Australian shares.

Contango chief investment officer and managing director, George Boubouras, said Contango would provide fund administration and investment services to the Fund.

Commenting on the launch, Boubouras said: "This large cap equity ETP is an innovative new product that expands upon and diversifies the current Contango offering, alongside our two existing Listed Invested Companies."

Peter Switzer, chair and investment committee member of the Switzer Dividend Growth Fund added: "This fund was built for self-directed investors and SMSFs, with the high franking and regular distributions."