Challenger IM Global ABS Fund

Challenger IM Global ABS Fund

About the Fund:

The Challenger IM Global Asset Backed Securities (ABS) Fund is a long-only global asset-backed securities fund, focusing predominantly on investment grade publicly rated assets across developed markets.  The Fund builds upon Challenger IM’s scale, track record and experience in global securitisation markets and managing credit investment strategies.

The Funds income-based strategy is designed to provide incremental returns over fixed income strategies without speculating on interest rates or currencies. Its relative value approach across global securitisation markets allows the Fund to achieve higher returns and better diversification. The Fund will also access attractive opportunities in private securitisation markets.

Investment objective

The Fund aims to seek a return for shareholders generated from income and capital appreciation. 

Investment return objective

The Funds target return is Euro Short Term Rate + 3-4% per annum, through cycle, before fees.

Who is the Fund suitable for?

The Fund is suited to institutional investors.

For more information:

To find out more about the Challenger IM Global ABS Fund, please visit our distribution partner Fidante.

Please note that the Fund is available to non-retail investors in the UK, Australia, Canada, US and select European countries.

Unless otherwise specified, any information contained in this material is current as at date of publication and is provided by Challenger Investment Partners Limited (Challenger Investment Management or Challenger) (ABN 29 092 382 842, AFSL 234678), the investment manager of the Challenger IM Global Asset Backed Securities Fund (Fund). The Fund is a sub-fund of the FundRock QIAIF Platform I ICAV. Challenger Investment Management is a member of the Challenger Limited group of companies (Challenger Group). Information is intended to be general only and not financial product advice and has been prepared without taking into account your objectives, financial situation or needs. You should consider whether the information is suitable to your circumstances. Past performance is not a reliable indicator of future performance. Challenger Investment Management is not an authorised deposit-taking institution (ADI) for the purpose of the Banking Act 1959 (Cth), and its obligations do not represent deposits or liabilities of an ADI in the Challenger Group (Challenger ADI) and no Challenger ADI provides a guarantee or otherwise provides assurance in respect of the obligations of Challenger Investment Management. Investments in the Fund are subject to investment risk, including possible delays in repayment and loss of income or principal invested. Accordingly, the performance, the repayment of capital or any particular rate of return on your investments are not guaranteed by any member of the Challenger Group.
This document is for information purposes only and does not constitute or form part of, and should not be construed as, an offer, invitation or inducement to purchase or subscribe for any units in the Fund nor shall it or any part of it form the basis of, or be relied upon in connection with, any contract or commitment whatsoever. It also does not constitute a recommendation regarding any investments. Any decision to invest in the Fund must be made based on the disclosures, terms and conditions set out in the future offering documents and subscription application, all of which must be read in their entirety. The investments have not and will not be registered for sale, and there will be no public offering of the units. No offer to sell (or solicitation of an offer to buy) will be made in any jurisdiction in which such offer or solicitation would be unlawful.