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  5. SST - Challenger Howard Wholesale Mrtg Super - Managed fund profile

SST - Challenger Howard Wholesale Mrtg Super - Managed Fund (Closed)

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.

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 -0.04% -0.13% -0.07% 0.57% 2.38% 2.39% 3.57% -%
Growth return -0.04% -0.13% -0.07% 0.57% 2.38% 2.39% 3.57% -%
Income return 0% 0% 0% 0% 0% 0% 0% -%
Market index (Bloomberg AusBond Bank 0+Y TR AUD)
Total return 0.32% 0.94% 2% 4.25% 4.32% 4% 2.47% 2.06%
As at 28 Feb 2013. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

SST - Challenger Howard Wholesale Mrtg Super
Cash
48.82%
Fixed Interest
51.18%
Australian Equities
0%
International Equities
0%
Alternatives
0%
Average Allocation of Peers
Cash
20.03%
Fixed Interest
79.26%
Australian Equities
0.03%
International Equities
0.03%
Alternatives
0.66%

General Information

Fund Details
Type Description
SST - Challenger Howard Wholesale Mrtg Super
Closed
Statewide Superannuation Trust
SSP0031AU
Mortgages
starstarstarstarstar (as at 28 Feb 2011)
Superannuation Fund
14 Nov 2007
$0.05 million (as at 28 Feb 2013)
$1.1913 (as at 15 Mar 2013)
$1.1913 (as at 15 Mar 2013)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) 1.56% (as at 1 Apr 2010)
Minimum initial investment $15,000

FAQs about the SST - Challenger Howard Wholesale Mrtg Super

The objective of the SST - Challenger Howard Wholesale Mrtg Super managed fund is The Fund aims to provide investors with a diversified income-producing portfolio that delivers regular income and capital stability.

The strategy of the SST - Challenger Howard Wholesale Mrtg Super managed fund is 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.

The APIR code of the SST - Challenger Howard Wholesale Mrtg Super managed fund is SSP0031AU.

SST - Challenger Howard Wholesale Mrtg Super’s total return last month was -0.04%. This was made up of a growth return of -0.04% and an income return of 0%. These returns were calculated as at 28 Feb 2013.

SST - Challenger Howard Wholesale Mrtg Super’s total return for the last three months was -0.13%. This was made up of a growth return of -0.13% and an income return of 0%%. These returns were calculated as at 28 Feb 2013.

SST - Challenger Howard Wholesale Mrtg Super’s one-year total return is 0.57%. This was made up of a growth return of 0.57% and an income return of 0%. These returns were calculated as at 28 Feb 2013.

SST - Challenger Howard Wholesale Mrtg Super’s one-year total return is 2.39%. This was made up of a growth return of 2.39% and an income return of 0%. These returns were calculated as at 28 Feb 2013.

The asset allocation of the SST - Challenger Howard Wholesale Mrtg Super managed fund is :

Cash
48.82%
Fixed Interest
51.18%
Australian Equities
0%
International Equities
0%
Alternatives
0%

The Responsible Entity for the SST - Challenger Howard Wholesale Mrtg Super managed fund is Statewide Superannuation Trust.

The SST - Challenger Howard Wholesale Mrtg Super managed fund belongs to the Mortgages sector/asset class.

As at 28 Feb 2013, the size of the SST - Challenger Howard Wholesale Mrtg Super managed fund was $0.05 million.

The SST - Challenger Howard Wholesale Mrtg Super managed fund has an inception date of 14 Nov 2007.

The current entry price of the SST - Challenger Howard Wholesale Mrtg Super managed fund is $1.1913 per unit and the current exit price is $1.1913 per unit (as at 15 Mar 2013).

The current exit price of the SST - Challenger Howard Wholesale Mrtg Super managed fund is $1.1913 per unit and the current entry price is $1.1913 per unit (as at 15 Mar 2013).

The minimum initial investment amount for the SST - Challenger Howard Wholesale Mrtg Super managed fund is $15,000.

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.