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  5. Challenger FM Income Generator Fund - Managed fund profile

Challenger FM Income Generator Fund - Managed Fund (Closed)

Fund Objective
To provide regular income with the potential for some capital growth over the medium-term to long-term (at least 3 years). The Manager seeks to provide returns above the benchmark indices for the neutral position asset allocation over rolling 3 year periods.
Fund Strategy
The Fund will maintain a significant exposure to a diversified range of income-producing assets and will also have some exposure to growth assets. Asset allocation ranges (with benchmark in brackets): Australian equities 10-20% (17%), international equities (unhedged) 5-15% (13%), Australian property 2-10% (5%), Australian fixed interest 5-30% (15%), international fixed interest (hedged) 0-15% (5%)%, cash and deposits 30-60% (45%).

Fund Performance Comparison

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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 1.57% 2.71% 3.14% 8.25% 8.08% 5.6% 3.37% -%
Growth return 1.57% 2.71% 2.62% 6.17% 5.38% 2.5% -0.4% -%
Income return 0% 0% 0.52% 2.08% 2.7% 3.1% 3.77% -%
Market index (Morningstar AUS Mod Tgt Alloc NR AUD)
Total return 1.59% 2.88% 7.98% 7.21% 2.87% 2.18% 3.19% 4.48%
As at 30 Jun 2005. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Challenger FM Income Generator Fund
Australian Equities
15.68%
International Equities
9.78%
Cash
27.53%
Property
5.48%
Fixed Interest
41.54%
Alternatives
0%
Average Allocation of Peers
Australian Equities
11.49%
International Equities
13.27%
Cash
19.69%
Property
4.25%
Fixed Interest
45.26%
Alternatives
6.04%

General Information

Fund Details
Type Description
Challenger FM Income Generator Fund
Closed
HSBC Asset Management (Australia) Ltd
HBC0016AU
Multisector Moderate
Not Rated
Investment Fund
22 Sep 1995
$2.04 million (as at 31 Jul 2005)
$0.9647 (as at 1 Aug 2005)
$0.9634 (as at 1 Aug 2005)
Finalised
Offer information
Type Description
Minimum initial investment $1,000.00

FAQs about the Challenger FM Income Generator Fund

The objective of the Challenger FM Income Generator Fund managed fund is To provide regular income with the potential for some capital growth over the medium-term to long-term (at least 3 years). The Manager seeks to provide returns above the benchmark indices for the neutral position asset allocation over rolling 3 year periods.

The strategy of the Challenger FM Income Generator Fund managed fund is The Fund will maintain a significant exposure to a diversified range of income-producing assets and will also have some exposure to growth assets. Asset allocation ranges (with benchmark in brackets): Australian equities 10-20% (17%), international equities (unhedged) 5-15% (13%), Australian property 2-10% (5%), Australian fixed interest 5-30% (15%), international fixed interest (hedged) 0-15% (5%)%, cash and deposits 30-60% (45%).

The APIR code of the Challenger FM Income Generator Fund managed fund is HBC0016AU.

Challenger FM Income Generator Fund’s total return last month was 1.57%. This was made up of a growth return of 1.57% and an income return of 0%. These returns were calculated as at 30 Jun 2005.

Challenger FM Income Generator Fund’s total return for the last three months was 2.71%. This was made up of a growth return of 2.71% and an income return of 0%%. These returns were calculated as at 30 Jun 2005.

Challenger FM Income Generator Fund’s one-year total return is 8.25%. This was made up of a growth return of 6.17% and an income return of 2.08%. These returns were calculated as at 30 Jun 2005.

Challenger FM Income Generator Fund’s one-year total return is 5.6%. This was made up of a growth return of 2.5% and an income return of 3.1%. These returns were calculated as at 30 Jun 2005.

The asset allocation of the Challenger FM Income Generator Fund managed fund is :

Australian Equities
15.68%
International Equities
9.78%
Cash
27.53%
Property
5.48%
Fixed Interest
41.54%
Alternatives
0%

The Responsible Entity for the Challenger FM Income Generator Fund managed fund is HSBC Asset Management (Australia) Ltd.

The Challenger FM Income Generator Fund managed fund belongs to the Multisector Moderate sector/asset class.

As at 31 Jul 2005, the size of the Challenger FM Income Generator Fund managed fund was $2.04 million.

The Challenger FM Income Generator Fund managed fund has an inception date of 22 Sep 1995.

The current entry price of the Challenger FM Income Generator Fund managed fund is $0.9647 per unit and the current exit price is $0.9634 per unit (as at 1 Aug 2005).

The current exit price of the Challenger FM Income Generator Fund managed fund is $0.9634 per unit and the current entry price is $0.9647 per unit (as at 1 Aug 2005).

The minimum initial investment amount for the Challenger FM Income Generator Fund managed fund is $1,000.

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 can 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.