How do I invest in Challenger Infrastructure Fund?
As CIF is listed on Australian Securities Exchange (ASX), you can buy or sell securities directly by contacting your stockbroker. If you don't have a stockbroker, ASX provides useful hints at http://www.asx.com.au/ for selecting an appropriate stockbroker, as well as providing a list of participating stockbrokers on ASX.
How do I redeem my investment in Challenger Infrastructure Fund?
As CIF is listed on Australian Securities Exchange (ASX), you can buy or sell securities directly by contacting your stockbroker. If you don't have a stockbroker, ASX provides useful hints at http://www.asx.com.au/ for selecting an appropriate stockbroker, as well as providing a list of participating stockbrokers on ASX.
What is the value of my investment in Challenger Infrastructure Fund today?
As CIF is listed on the Australian Securities Exchange (ASX), the value of your investment can change throughout the day. To calculate the value of your investment, simply multiply the number of securities you hold by the current price.
The number of securities you hold can be found on your latest distribution statement, or by contacting Link Market Services on 1800 114 027. The price is available in most major metropolitan newspapers or by accessing the Australian Securities Exchange website.
When is the next distribution for Challenger Infrastructure Fund payable?
CIF pays distributions six monthly in February (for the six months ending 31 December) and August (for the six months ending 30 June).
In what form are payments (distributions) made?
Distributions can either be received via cheque or payments can be paid directly into either a bank, building society or credit union account.
When are the Fund's results announced to the markets?
See Events Calendar
What is a DRP?
A DRP stands for a Distribution Reinvestment Plan, and allows investors to reinvest their distribution payments by subscribing for additional CIF stapled securities under the DRP, in lieu or receiving a cash distribution.
CIF's DRP is currently suspended.
When will I receive the information I need to complete my annual taxation return?
An Annual Taxation Statement is sent to holders in August each year.
The taxable income shown on your Annual Taxation Statement is taxable in the year of entitlement rather than the year of receipt. This means that taxable income included in distributions paid in February 2008 and August 2008 is assessable in the taxation year ending 30 June 2008.
This statement includes important taxation information and should be retained by holders to assist in the completion of their taxation return.
How do I change my holder details?
Link Market Services have a number of options available to make changes to personal information relating to your holding.
Online: Visit the Market Services website to amend details online or download the appropriate form where necessary.
Phone: Contact Link Market Services to request a form:
1800 114 027 or 61 2 8280 7111
Mail: Forward a signed written instruction (include relevant form where necessary) to:
Link Market Services Limited
Locked Bag A14
Sydney South NSW 1235
What is required if a holder dies?
When a holder dies, their assets form part of their estate. The administration of an estate can be complex, time consuming and sometimes distressing. The CIF Share Registry has created a range of services for assistance when dealing with an estate. CIF's Share Registrars Dealing with the Security Holding of a Deceased Investor is a helpful tool for first-time administrators
Can I transfer my CIF shares to another person?
Yes, you can transfer your shares to another person by an off-market transfer. Simply contact Link Market Services to have a form mailed to you.
How do I contact the registry?
If you wish to make an inquiry about your holding or amend your holding details, please visit the Link Market Services website or contact them directly using the contact details below:
Link Market Services Limited
Locked Bag A14
SYDNEY SOUTH NSW 1235
Tel (within Australia): 1800 114 027
Tel (outside Australia): +61 2 8280 7111
Fax: +61 2 9287 0303
How do I contact the Challenger Infrastructure Fund management team?
If you wish to speak to a member of the CIF management team, please contact us using the contact details below:
Challenger Infrastructure Fund
GPO Box 3698
SYDNEY NSW 2001
Tel: +61 2 9994 7000
Fax: +61 2 9994 7777
Email: cif@challenger.com.au
What is the difference between an issuer sponsored holding and a broker sponsored holding?
An Issuer Sponsored holding is maintained by the issuer of your securities via the registry. Issuer sponsored securities can be traded through any broker whom you have given permission to access your holding for the purposes of buying or selling securities. Issuer Sponsored holdings are allocated a Shareholder Reference Number (SRN) prefixed by an 'I' and can be found on your holding statement.
Broker Sponsored holdings are allocated a Holder Identification Number (HIN). One HIN can register an investor's holdings in multiple companies.
What is the record date?
The Record Date is the date on which the register is closed off to identify holders and to calculate any entitlement to the current distribution. All change of address notifications, request for payment of distributions direct to an Australian financial institution, TFN/ABN or exemption notification instructions election forms must be received by the register by 5.00pm on the Record Date to apply for the current distribution.
What is the ex-distribution date?
The ex distribution date is the date on which securities change from being quoted 'cum' to 'ex'. Securities are usually quoted ex distribution four business days before the Record Date. The price may fall on the ex distribution date, with the fall in price being similar to the amount of distribution to be paid. Securities sold ex distribution entitle the seller (the previous owner) to receive the last declared distribution prior to the sale, rather than the purchaser.
What does cum-distribution mean?
Cum means 'with'. Securities quoted cum distribution means that they are being traded with the current distribution attached (the price will usually include the amount of the distribution). Securities sold cum distribution do not entitle the previous owner to receive the last declared distribution prior to the sale, that is, the purchaser will receive the declared distribution
