The Challenger Smaller Companies Fund invests primarily in companies outside the 100 largest companies listed on the Australian Stock Exchange at the time they are first acquired. We believe there are inefficiencies in investment markets, particularly amongst the market for smaller listed companies. Generally, smaller companies are not as comprehensively researched as larger companies so investors may be less likely to recognise their investment potential. Challenger works to identify and take advantage of such inefficiencies in the market.

Margin Lenders:

Margin Lender	LVR	Website
Bank of Queensland Margin Lending	70%	BoQ
Bendigo Bank Margin Lending	70%	Bdgo
BT Margin Lending	70%	BT
Citi Smith Barney Margin Lending	60%	Citi
Colonial Margin Lending	75%	Coln
Commonwealth Securities	75%	CSec
Leveraged Equities	70%	LevE
Macquarie Margin Loan	70%	Macq
NAB Margin Lending	60%	NAB
St. George Margin Lending	75%	StG
Suncorp Margin Lending	75%	SunC

Note: Investment Objective and Investment Strategy details are copied from Fund Manager PDS or profile documents.

Performance data assumptions

Performance is calculated on an initial investment of $10,000 using entry price, with distributions reinvested using actual unit price. No tax or contribution fees have been deducted from the results. If your own investment was subject to contribution fees or if you did not reinvest distributions, your returns may be less than that shown. Your after-tax returns will also be less. Data is sourced directly from fund managers, but we offer no warranty as to the accuracy of the data, we suggest you verify the data from other sources before acting on the information on this site.

These charts show historical performance only and give no indication of future performance. This information is general in nature and does not take into account your personal circumstances, goals or investment objectives. You should assess whether the information is appropriate for you and consider talking to a financial adviser before making any investment decisions.