This information has been prepared by Perpetual Investment Management Limited (PIML) ABN 18 000 866 535, AFSL 234426.
It is general information only and is not intended to provide you with financial advice or take into account your objectives,
financial situation or needs. You should consider, with a financial adviser, whether the information is suitable for your
circumstances. To the extent permitted by law, no liability is accepted for any loss or damage as a result of any reliance
on this information. No company in the Perpetual Group (Perpetual Limited ABN 86 000 431 827 and its subsidiaries) guarantees
the performance of the Fund or the return of an investor’s capital. An investment in the Fund is not a bank deposit, nor is it
a liability of the Perpetual Group. It is subject to investment risk, including loss of some or all of an investor’s principal
investment and lower than expected returns.