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  5. Challenger IM Multi-sector Private Lnd I - Managed fund profile

Challenger IM Multi-sector Private Lnd I - Managed Fund

Fund Objective
The fund aims to achieve a superior return of Bloomberg AusBond Bank Bill Index 5% (after fees)
Fund Strategy
The fund is a floating rate multi-sector credit strategy focussed on private lending opportunities primarily in Australia and New Zealand. The fund aims to generate a consistent, high level of income by harvesting the illiquidity premium that exists between the public and private lending markets. By keeping spread duration low and focusing on floating rate loans, the fund aims to have a low correlation to interest rates and broader equity markets.

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.
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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 1.16% 3.23% 3.84% 7.96% 8.18% 8.74% 7.3% -%
Growth return 1.16% 1.22% 0.17% 0.78% 0.41% 0.85% 0.36% -%
Income return 0% 2.01% 3.67% 7.18% 7.77% 7.89% 6.94% -%
Market index (Morningstar AUD 1M Cash GR AUD)
Total return 0.3% 0.94% 1.95% 4.15% 4.21% 3.82% -% -%
As at 31 Jul 2025. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

No asset allocation data available.
Average Allocation of Peers
Alternatives
49.09%
International Equities
6.14%
Cash
39.01%
Fixed Interest
5.77%

General Information

Fund Details
Type Description
Challenger IM Multi-sector Private Lnd I
Fidante Partners Limited
HOW1472AU
Alternative - Private Debt
starstar (as at 31 Mar 2023)
Unknown
3 Feb 2020
$1118.7 million (as at 31 Jul 2025)
$1.0229 (as at 27 Aug 2025)
$1.0178 (as at 27 Aug 2025)
Open
Offer information
Type Description
MER 0.55% (as at 17 Jan 2024)
Indirect Cost Ratio (ICR) 0.55% (as at 30 Jun 2024)
Performance fee (not included in ICR) 0
Minimum initial investment $10,000,000
Minimum additional investments $1,000,000

FAQs about the Challenger IM Multi-sector Private Lnd I

The objective of the Challenger IM Multi-sector Private Lnd I managed fund is The fund aims to achieve a superior return of Bloomberg AusBond Bank Bill Index +5% (after fees)

The strategy of the Challenger IM Multi-sector Private Lnd I managed fund is The fund is a floating rate multi-sector credit strategy focussed on private lending opportunities primarily in Australia and New Zealand. The fund aims to generate a consistent, high level of income by harvesting the illiquidity premium that exists between the public and private lending markets. By keeping spread duration low and focusing on floating rate loans, the fund aims to have a low correlation to interest rates and broader equity markets.

The APIR code of the Challenger IM Multi-sector Private Lnd I managed fund is HOW1472AU.

Challenger IM Multi-sector Private Lnd I’s total return last month was 1.16%. This was made up of a growth return of 1.16% and an income return of 0%. These returns were calculated as at 31 Jul 2025.

Challenger IM Multi-sector Private Lnd I’s total return for the last three months was 3.23%. This was made up of a growth return of 1.22% and an income return of 2.01%%. These returns were calculated as at 31 Jul 2025.

Challenger IM Multi-sector Private Lnd I’s one-year total return is 7.96%. This was made up of a growth return of 0.78% and an income return of 7.18%. These returns were calculated as at 31 Jul 2025.

Challenger IM Multi-sector Private Lnd I’s one-year total return is 8.74%. This was made up of a growth return of 0.85% and an income return of 7.89%. These returns were calculated as at 31 Jul 2025.

The asset allocation of the Challenger IM Multi-sector Private Lnd I managed fund is :

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

The Responsible Entity for the Challenger IM Multi-sector Private Lnd I managed fund is Fidante Partners Limited.

The Challenger IM Multi-sector Private Lnd I managed fund belongs to the Alternative - Private Debt sector/asset class.

As at 31 Jul 2025, the size of the Challenger IM Multi-sector Private Lnd I managed fund was $1118.7 million.

The Challenger IM Multi-sector Private Lnd I managed fund has an inception date of 3 Feb 2020.

The current entry price of the Challenger IM Multi-sector Private Lnd I managed fund is $1.0229 per unit and the current exit price is $1.0178 per unit (as at 27 Aug 2025).

The current exit price of the Challenger IM Multi-sector Private Lnd I managed fund is $1.0178 per unit and the current entry price is $1.0229 per unit (as at 27 Aug 2025).

The minimum initial investment amount for the Challenger IM Multi-sector Private Lnd I managed fund is $10,000,000. Minimum additional investment is $1000000.

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.