Perpetual WealthFocus Wholesale Super Plan
Important information & continuous disclosure
For more detailed information on WealthFocus Wholesale Super Plan.
- Product disclosure statement (PDS) - part 1
- Product disclosure statement (PDS) - part 2
Other relevant information about this investment
The following links provide incorporated information which form part of the Perpetual WealthFocus Wholesale Super Plan PDS:
- The current buy/sell spread for each Investment Option
- The commencement date for each Investment Option
- Direct Debit Request Service Agreement
- Online Account Access conditions of use
- Insurance Book
- Full insurance premium rate tables
- Our Privacy Policy
- Details of current underlying investment managers
Additional information about the investment management policies and details of the underlying portfolios for the mortgage and property Investment Options:
- Australian Unity Mortgage Income Investment Option
- Challenger Howard Mortgage Investment Option
- Perpetual's Mortgage Investment Option
- Perpetual's Property Income Investment Option
You should read this information in conjunction with the PDS - more information on the WealthFocus Wholesale Super Plan
MFS Global Equity - change of Investment Manager
From July 2012 MFS Investment Management will replace BNP Paribas Investment Partners as the Investment Manager.
Changes to footnote 17 on page 32 of the PDS Part 2 dated 15 August 2011
17 The Fund gains its exposure to Australian shares by investing in an underlying fund/s which invest/s primarily in Australian listed or soon to be listed shares but may have up to 20% exposure to stocks outside Australia. The investment guidelines showing the Investment Option's maximum investment in international shares do not include this potential additional exposure. Short positions may be part of the underlying Australian share funds' strategy. Currency hedges may be used from time to time
Macquarie Income Opportunities Investment Option
The maximum allocation to the hybrid securities sector will be decreased from 30 per cent to 10 per cent, with effect from 2 April 2012.
Change of name for the ING Investment Options
The following Investment Options have had a name change effective 27 February 2012:
| Old name | New name |
| ING Diversified Fixed Interest | OnePath Diversified Fixed Interest |
| ING Managed Growth | OnePath Managed Growth |
| ING Tax Effective Income | OnePath Tax Effective Income |
Change of investment guidelines for ING Managed Growth investment option
| asset allocation | min | max |
| Australian fixed interest | 0 | 25 |
| International fixed interest | 0 | 26 |
| Australian property securities | 0 | 9 |
| International property securities | 0 | 11 |
| Australia shares | 19 | 39 |
| International shares | 17 | 37 |
| Alternative assets | 7 | 21 |
| Cash | 0 | 19 |
The investment approach for the Platinum Asia Investment Option has changed. The revised investment approach is as follows:
The fund primarily invests in the listed securities of Asian companies. The portfolio will ideally consist of 75 to 150 securities that Platinum believes to be undervalued by the market. Cash may be held when undervalued securities cannot be found. Platinum may short sell securities that it considers overvalued. The portfolio will typically have 50% or more net equity exposure. Currency exposures are actively managed.
Amendment to the investment guidelines for van Eyk Blueprint - Capital Stable Investment Option
| Asset allocation | Min | Max |
| Australia shares | 5 | 30 |
| International shares | 0 | 25 |
| Listed property and infrastructure | 0 | 15 |
| Fixed interest | 25 | 60 |
| Alternative assets* | 0 | 20 |
| Cash | 10 | 50 |
Amendment to the investment guidelines for van Eyk Blueprint - Balanced Investment Option
| Asset allocation | Min | Max |
| Australia shares | 15 | 45 |
| International shares | 5 | 30 |
| Listed property and infrastructure | 0 | 25 |
| Fixed interest | 10 | 35 |
| Alternative assets* | 0 | 30 |
| Cash | 0 | 30 |
Amendment to the investment guidelines for van Eyk Blueprint - High Growth Investment Option
| Asset allocation | Min | Max |
| Australia shares | 20 | 60 |
| International shares | 10 | 50 |
| Listed property and infrastructure | 0 | 30 |
| Alternative assets* | 0 | 30 |
| Cash | 0 | 20 |
Amendment to the investment guidelines for Colonial First State Balanced Investment Option
| Asset allocation | Min | Max |
| Fixed interest and cash | 40% | 60% |
| Australian shares | 15% | 25% |
| International shares | 10% | 20% |
| Global resource shares | 5% | 15% |
| Property securities | 0% | 10% |
Performance fees
The below funds may invest in underlying funds that charge a performance fee. If these performance fees occur, they will be an additional cost to you.
• WealthFocus Perpetual Balanced Growth
• Wealthfocus Perpetual Conservative Growth
• WealthFocus Perpetual Diversified Growth
Wellington Management appointed to manage Perpetual International Shares from 15 August 2011
Wellington Management Company, LLP (Wellington Management) has been appointed as an external specialist investment manager from 15 August 2011 to manage the international shares asset class in the following Investment Options:
• Perpetual International Share
• Perpetual Conservative Growth
• Perpetual Diversified Growth
• Perpetual Balanced Growth
• Perpetual Split Growth
Information about Wellington Management can be found at:
http://www.perpetual.com.au/pdf/wholesale-funds-specialist-flyer.pdf
Changes to Perpetual International Share profile from 15 August 2011
Objective
Aims to provide long-term growth through investment in international shares.
Investment approach
The Fund primarily invests in publicly traded, or to be listed, global equity securities, including emerging markets. The focus is on investing in stocks of companies the investment manager believes are solid but temporarily out-of-favour and provide above-average total return potential. The country and sector allocations within the Fund are a result of the stock selection process. The currency exposure of the Fund is typically unhedged, although currency hedging may be used to protect investments at the discretion of the investment manager. Derivatives may be used in managing the Fund.
Anti-Money Laundering/Counter-Terrorism Financing
Further details about the Anti-Money Laundering/Counter-Terrorism Financing laws and obtain forms ‘Customer identification form'.
The APIR codes for each Investment Option
The flood levy and superannuation payments
Following the Queensland floods in January 2011, the Federal Government announced the introduction of a flood levy for the 2011/12 financial year to assist affected communities to recover and rebuild essential infrastructure that was lost. Read more...
