Kapstream Absolute Return Income Fund

Overview
The Kapstream Absolute Return Income Fund is actively managed by Kapstream. Kapstream aims to generate absolute returns over multiple business cycles by incorporating high quality/high conviction trades into the portfolio. Capital preservation coupled with income generation serve as the driving force behind Kapstream's investment strategy.

Kapstream's absolute return approach involves a high degree of specialised strategies resulting in a diversified portfolio with balanced opportunity for growth.

Fund objective
The Fund aims to provide a steady stream of income and capital stability over the medium term. The Fund is not managed in any way that attempts to track any particular index and aims to outperform both cash and bond markets over all business cycles.

Investment approach
Kapstream draws on information from many sources such as economic roundtables, investment banks, brokers, rating agencies and central banks. Kapstream employs a rigorous evaluation process for individual trades, first confirming that a prospective trade meets Kapstream's global macroeconomic view, then taking account of various decision variables such as duration, yield curve and volatility which must support the research and analysis.

You can read more information about Kapstream and their investment process by visiting the Kapstream website.

How to invest
Wholesale PDS - minimum investment $10,000
IDPS PDS

For more information contact your financial planner or call Challenger Investor Services on 13 35 66.

Interests in the Kapstream Absolute Return Income Fund are offered by Challenger Managed Investments Limited ABN 94 002 835 592 AFSL 234 668.

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 any 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.