Overview
The Challenger High Yield Fund invests primarily in a diversified portfolio of high yielding, fixed interest and hybrid debt/equity investments.
The Fund is designed for investors seeking to diversify the income-producing segment of their investment portfolio and are willing to accept some additional risks in return for the potential for higher performance.
The suggested investment timeframe is at least three years.
Objective
To outperform both the UBSA Bank Bill Index and the UBSA Composite (All Maturities) Bond Index over any 12-month period.
Investment style
We adopt an active approach to managing the Fund. We are active participants in the hybrid securities market in Australia and have considerable expertise in assessing the investment potential of rated and unrated fixed interest and hybrid securities. View more information about our investment style and security selection process.
How to Invest
Retail - minimum investment $5,000
Wholesale - minimum investment $10,000
IDPS PDS
Professional investors
Change to the asset allocation range
The asset allocation range of the Fund has recently changed to allow for more flexibility in relation to the Fund's investments.
From 10 March 2008, the asset allocation range of the Fund will be:
Securities 70% - 100%
Cash 0% - 30%
For further information regarding the Fund, please refer to the current PDS.
For more information contact your financial planner or call our Investor Services team on 13 35 66.
Interests in the Challenger High Yield Fund are offered by Challenger Managed Investments Limited ABN 94 002 835 592. AFSL 234668.
The offer or invitation to subscribe in interests in the product is only available to persons receiving the PDS in Australia and is subject to terms and conditions described in the PDS. Neither product issuer, any Custodian, nor any entity or person associated with the Challenger Financial Services Group of companies guarantees repayment of your capital or the performance of your investment.
The information contained above has been prepared without taking account of any person's objectives, financial situation or needs. Because of that, each person should, before acting on any such information, consider the appropriateness of the information, having regard to their objectives, financial situation and needs. Each person should obtain a current PDS relating to the product and consider that document before making any decision about the product.
If you acquire or hold one of our products, we will receive fees and other benefits which are generally disclosed in the PDS or other disclosure document for the product. We and our employees do not receive any specific remuneration for any advice provided to you. However, financial advisers (including some Challenger group companies) may receive fees or commissions if they provide advice to you or arrange for you to invest with us. Some or all of Challenger group companies and directors of those companies may benefit from fees, commissions and other benefits received by another group company.
