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Perpetual WealthFocus Investment Funds

Perpetual Industrial Share

Fund Manager: Perpetual Investment Management Limited
Commencement Date: August 1966
PDS.  

Suggested Length of Investment

5 years or longer

Investment Objective

Aims to provide long-term capital growth and regular income through investment in quality Australian industrial shares. The fund aims to outperform the S&P/ASX 300 Industrials Accumulation Index (before fees and taxes) over rolling three-year periods.

Performance as at 31/07/2014

Returns as at 31/07/2014


Time Period Total (%) Distribution (%) Growth (%)
1 month 3.63 - 3.63
3 month 3.44 22.95 -19.51
6 month 10.83 25.06 -14.23
1 year p.a. 17.28 27.55 -10.26
3 year p.a. 19.21 12.79 6.42
5 year p.a. 12.97 8.66 4.32
10 year p.a. 8.9 8.61 0.28

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 Details

Min. Initial Investment $2,000
With Savings Plan
Min. Initial Investment $1,000
Monthly Minimum Nil
Min. Additional Investment $1,000

Distribution

Frequency Quarterly
Dates 31 March, 30 June, 30 September & 31 December

Investment Guidelines

Australian industrial shares 90 - 100%
Cash 0 - 10%

Fees

Entry Fee up to 4.0%
Exit Fee Nil
Management Cost (p.a.) 1.98%
Buy/Sell spread 0.15% / 0.15%

Investment Approach

Perpetual Investments researches companies of all sizes using consistent share selection criteria. Perpetual Investments' priority is to select those companies that represent the best investment quality and are appropriately priced. In determining investment quality, investments are carefully selected on the basis of four key investment criteria:
- conservative debt levels
- sound management
- quality business and
- recurring earnings.
Where shares held in the portfolio de-list from an Australian exchange and the holdings are tradeable on an international exchange, the stock must be sold within 12 months of de-listing. Currency hedges may be used from time to time.
Derivatives may be used in managing the fund.