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Challenger Guaranteed Income Fund

The Challenger Guaranteed Income Fund has been designed to provide a known, certain monthly income stream within a managed fund. The annuity income stream to the Fund can provide you with a certain income which can be used within your account-based pension.  

Available on most major platforms, the Fund provides:

  • Fixed monthly distributions regardless of interest rate and market movements for the length of the investment term
  • A range of investment terms
  • The return of your capital at end of the chosen term

4.12% p.a. Class Name: 7.20 cents p.a. 30 June 2014 (MV$1)
Distribution: 7.20
Maturity date: 30/06/2014
Maturity unit price: $1.00 APIR: HOW0059AU
4.12% p.a. Class Name: 5.30 cents p.a. 30 June 2014 (MV$1)
Distribution: 5.30
Maturity date: 30/06/2014
Maturity unit price: $1.00 APIR: HOW0091AU
4.28% p.a. Class Name: 5.60 cents p.a. 30 June 2015 (MV$1)
Distribution: 5.60
Maturity date: 30/06/2015
Maturity unit price: $1.00 APIR: HOW0092AU
4.28% p.a. Class Name: 7.30 cents p.a. 30 June 2015 (MV$1)
Distribution: 7.30
Maturity date: 30/06/2015
Maturity unit price: $1.00 APIR: HOW0055AU
4.46% p.a. Class Name: 5.70 cents p.a. 30 June 2016 (MV$1)
Distribution: 5.70
Maturity date: 30/06/2016
Maturity unit price: $1.00 APIR: HOW0093AU
4.6% p.a. Class Name: 7.50 cents p.a. 30 June 2017 (MV$1)
Distribution: 7.50
Maturity date: 30/06/2017
Maturity unit price: $1.00 APIR: HOW0056AU
4.66% p.a. Class Name: 5.30 cents p.a. 30 Sep 2017 (MV$1)
Distribution: 5.30
Maturity date: 30/09/2017
Maturity unit price: $1.00 APIR: MLT0001AU

For more information, order or download a product disclosure statement or call our Investor Services team on 13 35 66.

Important information
Earnings rates shown on this page are the earnings rates currently applicable for the open classes of units in the Fund.  The earnings rate that applies to a person's investment in the Fund is the earnings rate that is current on their investment date, which may be different to the earnings rate shown on this page.  This is because earnings rates are generally updated at least weekly and change. The distribution, maturity date and maturity unit price also relate to the different open classes of units in the Fund.  The distribution and maturity unit price are fixed and assume that units in the Fund are held to the relevant maturity date.  If an investor withdraws from the Fund before the relevant maturity date they may receive significantly less back than if they held their investment until the maturity date.
About the Guarantee
Challenger Life Company Limited (Challenger Life) is the provider of the annuities and derivative contracts in which the Fund invests. Whilst Challenger Life's Statutory Fund No 2 is contractually obliged to make certain guaranteed income and capital payments to the Fund, no company within the Challenger Group provides a guarantee in respect of the Fund or a person's return. Challenger, as the responsible entity of the Fund, does not provide any guarantee in respect of the Fund, the earnings rate or the distribution or the maturity unit price. An investment in the Fund is also not secured against loss and under the constitution there is no recourse against the responsible entity (including in its personal capacity) or for investors in one class against the assets of the Fund that are referrable to another class. For additional information please refer to the current product disclosure statement (PDS) for the Fund and About the Guarantee.