About the Fund
The Challenger IM Multi-Sector Private Lending Fund is a floating rate multi-sector credit strategy focused on private lending opportunities primarily in Australia and New Zealand. The Fund aims to generate a consistent, high level of income by harvesting the illiquidity premium that exists between the public and private lending markets. By keeping spread duration low and focusing on floating rate loans, the Fund aims to have a low correlation to interest rates and broader equity markets. The Fund is available to institutional and wholesale clients (as defined in the Corporations Act 2001) only.
Why this Fund
The Challenger IM Multi-Sector Private Lending Fund is intended to be suitable for institutional and wholesale investors only who are happy to invest for at least three to five years and who understand that due to the Fund's investments in the private sector, it may take a longer period for the processing of your redemption request with a maximum period of three years permitted under the Fund's constitution for withdrawal requests to be processed and paid.
Resources
You should read the Fund's PDS to ensure the key attributes of the Fund as described in the PDS aligns with your objectives, financial situation and needs before making a decision about whether to acquire or continue to hold the Fund.
Ways to Invest
This fund is only available to wholesale clients (as defined by the Corporations Act 2001). Please contact Fidante Client Services on 1300 721 637 (Within Australia) or 02 8023 5428 (Outside of Australia) if you are a wholesale client and wish to invest in the Fund.
Interests in the Challenger IM Multi-Sector Private Lending Fund ARSN 620 882 019 are offered by Fidante Partners Limited (ABN 94 002 835 592 AFSL 234 668) (Fidante). Fidante has appointed Challenger Investment Partners Limited (ABN 29 092 382 842, AFSL 234 678) (Challenger Investment Management or Challenger) as the investment manager of the Fund.
The Zenith Investment Partners (ABN 27 103 132 672, AFS Licence 226872) (“Zenith”) rating (Challenger IM Multi-Sector Private Lending Fund - assigned June 2024) referred to in this piece is limited to “General Advice” (s766B Corporations Act 2001) for Wholesale clients only. This advice has been prepared without taking into account the objectives, financial situation or needs of any individual, including target markets of financial products, where applicable, and is subject to change at any time without prior notice. It is not a specific recommendation to purchase, sell or hold the relevant product(s). Investors should seek independent financial advice before making an investment decision and should consider the appropriateness of this advice in light of their own objectives, financial situation and needs. Investors should obtain a copy of and consider the PDS or offer document before making any decision and refer to the full Zenith Product Assessment available on the Zenith website. Past performance is not an indication of future performance. Zenith usually charges the product issuer, fund manager or related party to conduct Product Assessments. Full details regarding Zenith’s methodology, ratings definitions and regulatory compliance are available on our Product Assessments and at Fund Research Regulatory Guidelines.
The rating issued 09/2024 is published by Lonsec Research Pty Ltd ABN 11 151 658 561 AFSL 421 445 (Lonsec). Ratings are general advice only and have been prepared without taking account of your objectives, financial situation or needs. Consider your personal circumstances, read the product disclosure statement and seek independent financial advice before investing. The rating is not a recommendation to purchase, sell or hold any product. Past performance information is not indicative of future performance. Ratings are subject to change without notice and Lonsec assumes no obligation to update. Lonsec uses objective criteria and receives a fee from the Fund Manager. Visit lonsec.com.au for ratings information and to access the full report. © 2024 Lonsec. All rights reserved.