InvestSMART
  1. Home
  2. Research & Advice
  3. Research Tools
  4. Managed Funds
  5. Challenger High Yield - Managed fund profile

Challenger High Yield - Managed Fund (Closed)

Fund Objective
To outperform both the UBS Warburg Bank Bill Index and the UBS Warburg Composite Bond Index- All Maturities over rolling twelve month periods.
Fund Strategy
To provide competitive returns and to outperform both the UBS Warburg Bank Bill Index and the UBS Warburg Composite Bond Index- All Maturities over rolling twelve month periods. Suggested investment timeframe is at least 3-5 years.

Fund Performance Comparison

Relative Fund Performance vs {{ fund.benchmark.peers.peerCount }} peers using {{ fund.benchmark.name }} as their benchmark.

{{ fund.name }}
Peers
Benchmark ({{ fund.benchmark.name }})
{{ fund.model.name }}
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.
grow your money
Grow your money, not your fees
It's fees rather than returns that make the biggest difference to your investment's compounding returns.
Free Fees Report
investing
Investing made simple
Our professionally-tailored investment portfolios consistently beat most of our peers.
Free investor guide
Grow your money, not your fees
It's fees rather than returns that make the biggest difference to your investment's compounding returns. Free Fees Report
Investing made simple
Our professionally-tailored investment portfolios consistently beat most of our peers. Free investor guide

Fees Comparison

{{ fund.mer | number:2 }}
% p.a.
{{ fund.name }}
{{ modelPortfolio.mer * 100 | number:2 }}
% p.a.
{{ modelPortfolio.name }}
{{ fund.benchmark.peers.mer * 100 | number:2 }}
% p.a.
Average of peers ({{ fund.benchmark.peers.peerCount }})
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.
Upsell Banner

Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 0.14% 1.26% 5.44% 7.33% 6.57% -5.94% -3.02% -%
Growth return 0.14% -0.29% 2.26% 1.44% 1% -11.85% -8.63% -%
Income return 0% 1.55% 3.18% 5.89% 5.57% 5.91% 5.61% -%
Market index (Bloomberg Global Aggregate TR Hdg AUD)
Total return 0.81% -0.31% 5.1% 2.53% -1.56% -2.38% -% 2.33%
As at 31 Jan 2011. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Challenger High Yield
Fixed Interest
100%
Australian Equities
0%
International Equities
0%
Cash
0%
Property
0%
Alternatives
0%
Average Allocation of Peers
Fixed Interest
90.35%
Australian Equities
0.34%
International Equities
0.11%
Cash
8.71%
Property
0.02%
Alternatives
0.47%

General Information

Fund Details
Type Description
Challenger High Yield
Closed
Fidante Partners Limited
HOW0143AU
Diversified Credit
star (as at 31 Jan 2011)
Investment Fund
30 Aug 2002
$34.66 million (as at 31 Jan 2011)
$0.7278 (as at 25 Feb 2011)
$0.7278 (as at 25 Feb 2011)
Finalised
Offer information
Type Description
Standard entry fee 4%
Indirect Cost Ratio (ICR) 1.50% (as at 30 Jun 2010)
Minimum initial investment $5,000.00
Minimum additional investments $1,000.00

Top 10 holdings (as at 31 Dec 2010)

Holding (as at 31 Dec 2010) Type % of Portfolio
Australian Bonds Bond 94.08%
Login now to view the complete list of holdings.

FAQs about the Challenger High Yield

The objective of the Challenger High Yield managed fund is To outperform both the UBS Warburg Bank Bill Index and the UBS Warburg Composite Bond Index- All Maturities over rolling twelve month periods.

The strategy of the Challenger High Yield managed fund is To provide competitive returns and to outperform both the UBS Warburg Bank Bill Index and the UBS Warburg Composite Bond Index- All Maturities over rolling twelve month periods. Suggested investment timeframe is at least 3-5 years.

The APIR code of the Challenger High Yield managed fund is HOW0143AU.

Challenger High Yield’s total return last month was 0.14%. This was made up of a growth return of 0.14% and an income return of 0%. These returns were calculated as at 31 Jan 2011.

Challenger High Yield’s total return for the last three months was 1.26%. This was made up of a growth return of -0.29% and an income return of 1.55%%. These returns were calculated as at 31 Jan 2011.

Challenger High Yield’s one-year total return is 7.33%. This was made up of a growth return of 1.44% and an income return of 5.89%. These returns were calculated as at 31 Jan 2011.

Challenger High Yield’s one-year total return is -5.94%. This was made up of a growth return of -11.85% and an income return of 5.91%. These returns were calculated as at 31 Jan 2011.

The asset allocation of the Challenger High Yield managed fund is :

Fixed Interest
100%
Australian Equities
0%
International Equities
0%
Cash
0%
Property
0%
Alternatives
0%

The Responsible Entity for the Challenger High Yield managed fund is Fidante Partners Limited.

The Challenger High Yield managed fund belongs to the Diversified Credit sector/asset class.

As at 31 Jan 2011, the size of the Challenger High Yield managed fund was $34.66 million.

The Challenger High Yield managed fund has an inception date of 30 Aug 2002.

The current entry price of the Challenger High Yield managed fund is $0.7278 per unit and the current exit price is $0.7278 per unit (as at 25 Feb 2011).

The current exit price of the Challenger High Yield managed fund is $0.7278 per unit and the current entry price is $0.7278 per unit (as at 25 Feb 2011).

The minimum initial investment amount for the Challenger High Yield managed fund is $5,000. Minimum additional investment is $1000.

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.