Perpetual WealthFocus Investment Funds
Goldman Sachs JBWere Australian Infrastructure Fund
Fund Manager: Goldman Sachs JBWere Investment Management Pty Ltd
Commencement Date: December 2007
PDS - Part 1
PDS - Part 2
Suggested Length of Investment
5 years or longer
Investment Objective
Aims to achieve a balance of income and medium-to long term capital growth by investing primarily in Australian listed infrastructure and utilities securities.
Investment Details
| Min. Initial Investment | $2,000 |
| With Savings Plan | |
| Min. Initial Investment | $1,000 |
| Monthly Minimum | Nil |
| Min. Additional Investment | $1,000 |
Distribution
| Frequency | Half Yearly |
|---|---|
| Dates | 30 June & 31 December |
Returns as at 31/07/2010
| Total (%) | Distribution (%) | Growth (%) | |
|---|---|---|---|
| 1 month |
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| 3 month |
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| 6 month |
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| 3 year p.a. |
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| 5 year p.a. |
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| 10 year p.a. |
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Returns have been calculated using exit prices after taking into account all ongoing fees, and assuming reinvestment of distributions. No allowance has been made for entry fees, exit fees or where applicable taxation. Future returns may bear no relationship to the historical information displayed. The returns shown represent past returns only and are not indicative of future returns of a Fund. Returns on a Fund can be particularly volatile in the short term and in some periods may be negative.
Investment Guidelines
| Cash | 0 - 20% |
|---|---|
| Infrastructure securities | 80 - 100% |
Up to 10% may be invested in non-listed infrastructure and utilities assets and global listed infrastructure and utilities securities.
Fees
| Entry Fee | up to 4.0% |
| Exit Fee | 0 |
| Management Cost (p.a.) | 2.05% |
| Buy/Sell spread | 0.6% / Nil |
Investment Approach
The fund invests in infrastructure and utilities securities, the majority of which are listed on the Australian Securities Exchange.
A minimum of 80% is invested in Australian listed infrastructure and utilities securities at all times with a strong focus on companies with regulated assets or long-term contracts/concessions.
