InvestSMART

Challenger Wholesale Enhanced Opportunity - Managed Fund (Closed)

Fund Objective
The Fund aims to outperform its Benchmark over rolling five-year periods.
Fund Strategy
The Fund will invest in long and short positions in Australian shares listed on the Australian Stock Exchange (ASX).

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.

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 -0.11% -5.47% -27.48% -29.39% -% -% -% -%
Growth return -0.11% -5.47% -28.98% -33.13% -% -% -% -%
Income return 0% 0% 1.5% 3.74% -% -% -% -%
Market index (RBA Bank accepted Bills 90 Days)
Total return 0.31% 0.92% 1.82% 3.77% 4.09% 4.08% 2.82% 2.12%
As at 28 Feb 2009. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Challenger Wholesale Enhanced Opportunity
Australian Equities
87.02%
Cash
12.98%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
4.75%
Cash
55.40%
International Equities
3.24%
Property & Infrastructure
2%
Fixed Interest
15.92%
Alternatives
18.69%

General Information

Fund Details
Type Description
Challenger Wholesale Enhanced Opportunity (Wholesale)
Closed
Fidante Partners Limited
HOW0048AU
Hedge Funds - Australia
Not Rated
Investment Fund
1 Aug 2007
$0.04 million (as at 28 Feb 2009)
$0.5724 (as at 25 Mar 2009)
$0.5724 (as at 25 Mar 2009)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) 1.50% (as at 30 Jun 2008)
Minimum initial investment $50,000

Top 10 holdings (as at 30 Sep 2008)

Holding (as at 30 Sep 2008) Type % of Portfolio
BHP Billiton Limited Equity 14.11%
Login now to view the complete list of holdings.
Your guide to next steps

Dealing with a struggling fund? What to Do and Look For

How to Assess your Managed Fund: And How to Choose the Next One
How to Assess your Managed Fund: And How to Choose the Next One
Your managed fund switching checklist. Is fear of capital gains tax holding you back?
Your managed fund switching checklist. Is fear of capital gains tax holding you back?
The Great Investment Fee Scam is hiding in plain sight. And it's ripping us all off.
The Great Investment Fee Scam is hiding in plain sight. And it's ripping us all off.
Guide to tidying up your Portfolio Manager holdings
Guide to tidying up your Portfolio Manager holdings

FAQs about the Challenger Wholesale Enhanced Opportunity

The objective of the Challenger Wholesale Enhanced Opportunity managed fund is The Fund aims to outperform its Benchmark over rolling five-year periods.

The strategy of the Challenger Wholesale Enhanced Opportunity managed fund is The Fund will invest in long and short positions in Australian shares listed on the Australian Stock Exchange (ASX).

The APIR code of the Challenger Wholesale Enhanced Opportunity managed fund is HOW0048AU.

Challenger Wholesale Enhanced Opportunity’s total return last month was -0.11%. This was made up of a growth return of -0.11% and an income return of 0%. These returns were calculated as at 28 Feb 2009.

Challenger Wholesale Enhanced Opportunity’s total return for the last three months was -5.47%. This was made up of a growth return of -5.47% and an income return of 0%%. These returns were calculated as at 28 Feb 2009.

Challenger Wholesale Enhanced Opportunity’s one-year total return is -29.39%. This was made up of a growth return of -33.13% and an income return of 3.74%. These returns were calculated as at 28 Feb 2009.

Challenger Wholesale Enhanced Opportunity’s one-year total return is -%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 28 Feb 2009.

The asset allocation of the Challenger Wholesale Enhanced Opportunity managed fund is :

Australian Equities
87.02%
Cash
12.98%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the Challenger Wholesale Enhanced Opportunity managed fund is Fidante Partners Limited.

The Challenger Wholesale Enhanced Opportunity managed fund belongs to the Hedge Funds - Australia sector/asset class.

As at 28 Feb 2009, the size of the Challenger Wholesale Enhanced Opportunity managed fund was $0.04 million.

The Challenger Wholesale Enhanced Opportunity managed fund has an inception date of 1 Aug 2007.

The current entry price of the Challenger Wholesale Enhanced Opportunity managed fund is $0.5724 per unit and the current exit price is $0.5724 per unit (as at 25 Mar 2009).

The current exit price of the Challenger Wholesale Enhanced Opportunity managed fund is $0.5724 per unit and the current entry price is $0.5724 per unit (as at 25 Mar 2009).

The minimum initial investment amount for the Challenger Wholesale Enhanced Opportunity managed fund is $50,000.

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.