OZR is an index fund that tracks the S&P/ASX 200 Resource Accumulation Index, whereby the manager holds all the shares in the index on a full replication basis.The fund is passively managed, with turnover only occurring when there is a change in the index by S&P.

The portfolio mimics the S&P/ASX 50 Accumulation Index, as can be seen from its low tracking error. Given the current make-up of the index, the portfolio is heavily weighted to the Financials and Materials sectors with 61% of the portfolio allocated to these two sectors.

The portfolio mimics the S&P/ASX 200 A-REIT Index, as can be seen from its low tracking error. The portfolio is concentrated with the top 10 holdings comprising 90% of the portfolio and 28% allocated to WDC. Turnover is relatively low

The portfolio will mimic the S&P/ASX Small Ordinaries Accumulation Index. The portfolio currently comprises 178 of the 197 stocks in the index. Given the Fund only includes a sample of the stocks comprising the index, the tracking error will likely be a little higher than those ETFs that mimic the full index.

STW provides investors cost- and tax-effective exposure to the S&P/ASX 200 Accumulation Index. The appointed market maker ensures that liquidity is available for investors. The fund accrues dividends and distributions from the securities comprising the portfolio and distributes them semi-annually, net of fees and with any appropriate franking credits