The management of the international share funds transitioned to the investment team in March 2005. Our global equities business, PI Investment Management Limited, manages one International equities portfolio. This can be accessed via Perpetual's WealthFocus suite of products as well as through the Wholesale and Investor Choice products.
The team's investment philosophy is very similar to Perpetual's Australian Equity approach - a fundamental, conservative bottom-up approach to stock picking focusing on quality (strong balance sheets, earnings visibility and competitive businesses) and value.
Product Disclosure Statements
- Perpetual's Wealth Focus Investments
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PDS Part 1 -
PDS Part 2
- Perpetual's WealthFocus Super Plan
-
PDS Part 1
-
PDS Part 2
- Perpetual's WealthFocus Allocated Pension
-
PDS Part 1
-
PDS Part 2
- Perpetual's WealthFocus Term Allocated Pension
-
PDS Part 1
-
PDS Part 2
- Perpetual's Investor Choice
-
PDS
- Perpetual's Wholesale Funds
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PDS
The investment style will typically result in a portfolio with the following characteristics:
- P/E less than the market
- Dividend yield higher than the market
- Low turnover
- Concentrated portfolio (60-90 stocks)
- Mid-large cap stock focus
- Tracking error not targeted, but typically 4-6% (or higher)
- Benchmark independent
- No geographic/sector restrictions