Switzer Asset Management has announced the IPO of a listed dividend growth fund. The Switzer Dividend Growth Fund (SWTZ) aims to provide investors with tax-effective income and long-term capital growth by investing in a core portfolio of blue chip Australian shares.

The portfolio will be managed to deliver capital returns in line with the market, while providing investors with an attractive income stream paid quarterly that is franked to the maximum possible extent.

The Fund is a simple to use, low-cost vehicle that gives investors access to some of the most experienced investment professionals in Australia including Peter Switzer, Charlie Aitken, George Boubouras and Paul Rickard.