BT Wrap Essentials - BT Challenger Howard Mortgage - Managed Fund

Fund Performance Comparison

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The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.

Fees Comparison

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NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.

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Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 0 0.2 0.73 2.3 3.62 3.39 4.13 -
Growth return 0 -42.86 -64.86 -83.18 -59.01 -44.81 -30 -
Income return 0 43.06 65.59 85.48 62.63 48.2 34.13 -
Market index (Bloomberg AusBond Bank 0+Y TR AUD)
Total return 0.15 0.48 0.99 1.91 1.83 1.93 2.17 3.1
As as 31 Dec 2012. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Fixed Interest
51.18%
Cash
48.82%

General Information

Fund Details
Type Description
BT Wrap Essentials - BT Challenger Howard Mortgage
Closed
Westpac Financial Services Limited
WFS0380AU
Mortgages
starstarstar (as at 28 Feb 2011)
Investment Fund
15 Dec 2004
n/a
n/a
$0.03 (as at 21 Oct 2014)
Fund Objective
The Fund aims to provide investors with a diversified income-producing portfolio that delivers regular income and capital stability.
Fund Strategy
Challenger's mortgage lending team employs a conservative approach to managing the mortgage investments of the Fund. The Fund has a lending policy which sets out the criteria under which loans are made or acquired. The Fund will be invested in a diversified portfolio of primarily commercial mortgage loans and interest bearing securities. The Fund may also invest in cash and other short term investments.
Offer information
Type Description
Standard entry fee 5%
Indirect Cost Ratio (ICR) 1.65% (as at 30 Jun 2013)
Performance fee (not included in ICR) Not Available
Minimum initial investment $1,000.00

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART cannot make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.

How is your fund performing?

Out of the 5,312 Australian funds researched with a 10 year track record, 76% underperform the industry standard benchmarks by an average of 1.75%, with average fees of 1.73%*.

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76%*

Underperform the industry standard benchmarks

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*Analysis based on data sourced from Morningstar, as at May 2018. Funds that had a 10-year track record were analysed against the standard industry benchmarks. Whilst InvestSMART has taken care in producing these numbers, guarantees cannot be made around the complete accuracy of these figures.

Our Managed Funds

Returns Since Inception *
InvestSMART International Equities 9.77%
Intelligent Investor Equity Income 8.01%
Intelligent Investor Equity Growth 7.82%
InvestSMART High Growth 6.94%
InvestSMART Core Growth 6.37%
InvestSMART Balanced 5.00%
InvestSMART Australian Small Companies Fund 4.01%
InvestSMART Diversified Property and Infrastructure 3.84%
InvestSMART Hybrid Income 3.77%
InvestSMART Diversified Income 3.76%
InvestSMART Interest Income 2.12%

* Returns p.a. since inception after investment & admin fees

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