Challenger Ltd
CGF: XASX (AUS)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
A$5.90 | Sxt | Qbgwgnr |
Challenger's Favorable Annuity Sales Mix Drives Margins and Earnings
Business Strategy and Outlook
Challenger’s annuity sales amount to roughly 80% of yearly annuity sales in Australia, while its products are represented on platforms used by the majority of Australia’s financial advisors.