Order and download TMDs and PDSs

A Product Disclosure Statement (PDS) contains essential information about a financial product. It should be read and understood before making the decision to invest in any financial product. 

It is a legal requirement for product providers and distributors, such as financial advisers to provide you with this document when recommending or offering a financial product. 

The main purpose of a PDS is to provide you with all the information you need to make a decision about a financial product. After reading a PDS document, you should be aware of a product’s benefits, features and drawbacks. This way you’ll know exactly what you’re getting yourself into before investing.

A Target Market Determination (TMD) is a document that describes who a product is designed to be appropriate for, how the product can be distributed, and when the TMD themselves should be reviewed.

All of Challenger's retail products available for investment, except for closed retail products, will have an associated TMD. Like-for-like reinvestments and rollovers of our retail products aren’t subject to TMD requirements.

The purpose of these documents is to help customers obtain the financial products that are appropriate for them.