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  5. Challenger Wholesale Global Property Securities - Managed fund profile

Challenger Wholesale Global Property Securities - Managed Fund (Closed)

Fund Objective
The Fund aims to outperform the FTSE EPRA/NAREIT Global Rental Index hedged to A$ over rolling three year periods.
Fund Strategy
The Fund will seek to buy listed property securities or property related securities with expected cash flow growth and a reliable income stream. The Fund may also buy securities which, at the time of purchase, the investment manager expects to be listed within three months of purchase. The Fund invests in real estate investment vehicles - typically Real Estate Investment Trusts (REITs) or property companies listed on major stock exchanges around the world where the primary source of revenue is rental income.

Fund Performance Comparison

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Fees Comparison

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NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.
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Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 5.01% 14.26% 8.91% 22.67% -10.49% -12.19% -% -%
Growth return 5.01% 14.26% -33.21% -24.78% -29.91% -27.41% -% -%
Income return 0% 0% 42.12% 47.45% 19.42% 15.22% -% -%
Market index (UBS Global Investors Ex AUS NR Hdg AUD)
Total return -0.66% -3.15% 4.21% 14.82% 13.19% 16.95% 16.58% 7.77%
As at 30 Sep 2010. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Challenger Wholesale Global Property Securities
International Equities
88.02%
Cash
1.52%
Property
10.46%
Australian Equities
0%
Alternatives
0%
Average Allocation of Peers
International Equities
7.89%
Cash
1.75%
Property
89.83%
Australian Equities
0.51%
Alternatives
0.02%

General Information

Fund Details
Type Description
Challenger Wholesale Global Property Securities
Closed
Fidante Partners Limited
HOW0047AU
Equity Global Real Estate
starstarstar (as at 30 Sep 2010)
Investment Fund
16 Aug 2007
$1.52 million (as at 31 May 2010)
$0.364 (as at 7 Oct 2010)
$0.364 (as at 7 Oct 2010)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) 1.05% (as at 30 Jun 2010)
Minimum initial investment $10,000.00
Minimum additional investments $1,000.00
Minimum redemption amount $1,000.00

Top 10 holdings (as at 30 Jun 2010)

Holding (as at 30 Jun 2010) Type % of Portfolio
Westfield Group Stock 19.49%
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FAQs about the Challenger Wholesale Global Property Securities

The objective of the Challenger Wholesale Global Property Securities managed fund is The Fund aims to outperform the FTSE EPRA/NAREIT Global Rental Index hedged to A$ over rolling three year periods.

The strategy of the Challenger Wholesale Global Property Securities managed fund is The Fund will seek to buy listed property securities or property related securities with expected cash flow growth and a reliable income stream. The Fund may also buy securities which, at the time of purchase, the investment manager expects to be listed within three months of purchase. The Fund invests in real estate investment vehicles - typically Real Estate Investment Trusts (REITs) or property companies listed on major stock exchanges around the world where the primary source of revenue is rental income.

The APIR code of the Challenger Wholesale Global Property Securities managed fund is HOW0047AU.

Challenger Wholesale Global Property Securities’s total return last month was 5.01%. This was made up of a growth return of 5.01% and an income return of 0%. These returns were calculated as at 30 Sep 2010.

Challenger Wholesale Global Property Securities’s total return for the last three months was 14.26%. This was made up of a growth return of 14.26% and an income return of 0%%. These returns were calculated as at 30 Sep 2010.

Challenger Wholesale Global Property Securities’s one-year total return is 22.67%. This was made up of a growth return of -24.78% and an income return of 47.45%. These returns were calculated as at 30 Sep 2010.

Challenger Wholesale Global Property Securities’s one-year total return is -12.19%. This was made up of a growth return of -27.41% and an income return of 15.22%. These returns were calculated as at 30 Sep 2010.

The asset allocation of the Challenger Wholesale Global Property Securities managed fund is :

International Equities
88.02%
Cash
1.52%
Property
10.46%
Australian Equities
0%
Alternatives
0%

The Responsible Entity for the Challenger Wholesale Global Property Securities managed fund is Fidante Partners Limited.

The Challenger Wholesale Global Property Securities managed fund belongs to the Equity Global Real Estate sector/asset class.

As at 31 May 2010, the size of the Challenger Wholesale Global Property Securities managed fund was $1.52 million.

The Challenger Wholesale Global Property Securities managed fund has an inception date of 16 Aug 2007.

The current entry price of the Challenger Wholesale Global Property Securities managed fund is $0.364 per unit and the current exit price is $0.364 per unit (as at 7 Oct 2010).

The current exit price of the Challenger Wholesale Global Property Securities managed fund is $0.364 per unit and the current entry price is $0.364 per unit (as at 7 Oct 2010).

The minimum initial investment amount for the Challenger Wholesale Global Property Securities managed fund is $10,000. Minimum additional investment is $1000.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.