There is a wide range of products from Swiss and foreign companies on the Swiss fund market, covering alle the key investment markets and allowing investors to efficiently implement focused investment strategies.
If investors are to make the most effective use of the options on offer, they need standardized information on all the products. In the interests of all market participants, the SFAMA is therefore committed to ensuring
- the greatest possible standardization and comparability of terms
- a high level of consistency in respect of he information provided
- meaningful statistics on the development of funds distributed in Switzerland an the total fund assets managed by Swiss providers.
Swiss Fund Data
Swiss Fund Data AG is 70 %-owned by the Asset Management Association Switzerland and 30 %-owned by the SIX Swiss Exchange. Its activities are exclusively in the service of the fund industry and, as a service provider for the financial services industry as a whole, it enjoys a high level of trust and renown – this is true for both institutional clients and professional investors as well as fund providers with above-average quality expectations and qualified private investors. With its comprehensive database and a website recognized by FINMA as an official electronic publication medium, Swiss Fund Data AG offers a wide variety of pro- fessional services. As a one-stop-shop for fund information, it plays a key role as a data and marketing hub for the entire fund industry and maintains direct connections to data vendors, authorities, media and fund providers. A non-profit organisation, Swiss Fund Data AG aims to keep operating costs as low as possible so that its clients enjoy the lowest possible subscription fees. At the same time, it continuously invests in innovations that benefit all market participants.
SFA yield on investment indicator for real estate funds (SFA ARI®)
End April 2012, the association launched a yield on investment index for real estate funds - the SFA ARI® - to make it possible to compare the actual yields of listed Swiss real estate funds at the product level. This index is based on the yield on investment statistics and will be calculated quarterly (January, April, July, October) by Swiss Fund Data AG on the basis of the respective annual reports. The fund universe comprises the real estate funds listed on SIX Swiss Exchange that make direct real estate investments in Switzerland, with Switzerland being their sole investment country. Fund of funds and Swiss funds that invest directly outside Switzerland are excluded.
The yield on investment is one of the most important key figures for the real estate fund sector. It offers information on the overall yield of a real estate fund assuming that all distributions of income and capital are reinvested at the net asset value. This shows the change in the net asset value between the beginning and the end of the reporting period. The annual valuations of the real estate portfolio are taken into account, i.e. unrealized gains and losses are also included in the calculations in addition to the realized capital gains and losses. Price swings on the stock exchange are not factored in. This allows for a more lasting assessment of the performance of a fund than the exchange prices.