Perpetual Diversified Income

The Perpetual Diversified Income Fund is an active, diversified portfolio of high quality, floating rate debt investments. The Fund is designed for investors seeking predictable outcomes – including above cash rate returns, consistent income and capital stability.

When investing in debt, avoiding loss or default is critical. Perpetual aims to invest in stable, income generating assets that have a low likelihood of default. Perpetual’s analysts screen out risks by applying quality filters to companies and selecting those with strong management, stable balance sheets, predictable earnings, industry leadership and low susceptibility to regulatory or event risk.

We invest in floating rate assets because we believe that capital preservation is important. When interest rates rise, floating rate assets may better protect investors’ capital and allow for higher income generation. Floating rate investments are a natural complement to traditional fixed rate securities, such as government bonds and term deposits.

Features and Benefits

  • QUALITY FLOATING RATE INVESTMENTS CAN HELP TO PROTECT PORTFOLIOS FROM INFLATION

  • Domestic focus, globally aware

  • A highly active and diversified portfolio management approach

  • Risk aware management style

DIVERSIFIED INCOME FUND - INVESTMENT APPROACH FLYER

Perpetual’s Diversified Income Fund has consistently delivered above cash-rate returns to investors, and our focus on quality has ensured these have been delivered with lower levels of risk than many other fixed income alternatives.

Perpetual Diversified Income - Meet the Manager

Our focus on quality strengthens liquidity and supports capital stability.

Vivek Prabhu - Head of Fixed Income

What are the risks?

All investments carry risk. While it is not possible to identify every risk relevant to your investment, we have provided details of the risks that may affect your investment in the relevant product disclosure statement (PDS) or offer document.

You can find PDSs and other documents in our resources section. The relevant PDS, offer documents and forms can also be found in the sections below:


> Investment | > Superannuation | > Retirement

Ways to Invest

So that we can provide you the most relevant information, please begin by selecting your investment type from the options below:

Perpetual Diversified Income

Pricing & Performance

Performance as at 31/03/2018

Returns as at 31/03/2018

  Growth % Distribution % Total %
1 month -0.91 0.66 -0.25
3 month -0.32 0.67 0.35
6 month -0.05 1.51 1.46
1 year 0.15 2.87 3.02
3 year 0.09 2.73 2.82
5 year -0.08 3.32 3.24
10 year -- -- --

Unit Prices as at 18/04/2018

Entry
1.076
Exit
1.074
View price history

Distributions

Frequency Quarterly
Cents per Unit 0.718
Reinvestment Price 1.071
View distributions history

Fund Commencement Date

November 2008

Fund Profile

Details & Fees

About this fund

  • Fund Manager

    Perpetual Investment Management Limited

  • Asset Class

    Cash and fixed income

  • Suggested Length

    3 years or longer

Investment Objective

Aims to provide regular income and consistent returns above the Bloomberg AusBond Bank Bill Index over rolling three-year periods (before fees and taxes) by investing in a diverse range of income generating assets.

Investment Approach

The fund's approach to delivering returns and managing risk is through an active and risk aware investment process which invests in a diversified core portfolio of liquid investment grade credit securities. Perpetual Investments believes these assets provide investors with protection in times of market stress. When the environment is supportive Perpetual Investments seeks to enhance returns by taking more risk whether that be in maturity, credit rating, subordination or gearing. The fund can also invest in alternative income generating securities such as mortgages, infrastructure debt and private debt. This approach to portfolio construction is Perpetual Investments' preferred method to deliver investors the highest possible risk adjusted returns.
Derivatives may be used in managing the fund.

Investment Details

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

Fees

Entry up to 4.0%
Exit Nil
Management Cost (p.a.) 1.68%
Buy / Sell Spread 0.2% / Nil

Investment Guidelines

Cash and investment grade securities 0 - 100%
Sub-investment grade securities & non-rated securities(incl. mortgages and other private debt 0-15%) 0 - 25%
Gearing level (of the fund’s net asset value) 0 - 25%

Distribution

Quarterly
March 31, June 30, September 30, December 31

How to Invest

  1. If you are interested in making an investment in Perpetual WealthFocus Wholesale Investment Advantage


    Review the Product Disclosure Statement (PDS) for WealthFocus Investment Advantage and related documents to ensure you understand how the Fund works and the risks involved.

    Send the completed application & documents to the address below.


    > Important information and continuous disclosure

    > Find out more about Perpetual WealthFocus

  2. New and existing investors - Invest using Perpetual’s online application form

  3. Make an additional investment to WealthFocus Wholesale Investment Advantage


    1. Review the current PDS and related documents. They may have changed since you first invested.
    2. Download and complete an Additional Investments form. Send the form to the address below.
    3. If you have online account access, you can complete the additional investment form online.

    All forms, offer documents and PDS’s can be found on Forms, PDS's and Offer Documents page in our Resources section.

Pricing & Performance

Performance as at 31/03/2018

Returns as at 31/03/2018

  Growth % Distribution % Total %
1 month -0.92 0.67 -0.25
3 month -0.34 0.67 0.33
6 month -0.02 1.46 1.44
1 year 0.21 2.78 2.99
3 year 0.28 2.51 2.80
5 year 0.27 2.95 3.22
10 year 0.42 3.67 4.09

Unit Prices as at 18/04/2018

Entry
0.977
Exit
0.975
View price history

Distributions

Frequency Quarterly
Cents per Unit 0.654
Reinvestment Price 0.972
View distributions history

Fund Commencement Date

December 2005

Fund Profile

Details & Fees

About this fund

  • Fund Manager

    Perpetual Investment Management Limited

  • Asset Class

    Cash and fixed income

  • Suggested Length

    3 years or longer

Investment Objective

Aims to provide regular income and consistent returns above the UBS Bank Bill Index over rolling three-year periods (before fees and taxes) by investing in a diverse range of income generating assets.

Investment Approach

The fund's approach to delivering returns and managing risk is through an active and risk aware investment process which invests in a diversified core portfolio of liquid investment grade credit securities. Perpetual Investments believes these assets provide investors with protection in times of market stress. When the environment is supportive Perpetual Investments seeks to enhance returns by taking more risk whether that be in maturity, credit rating, subordination or gearing. The fund can also invest in alternative income generating securities such as mortgages, infrastructure debt and private debt. This approach to portfolio construction is Perpetual Investments' preferred method to deliver investors the highest possible risk adjusted returns. Derivatives may be used in managing the fund.

Investment Details

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

Fees

Entry up to 4.0%
Exit Nil
Management Cost (p.a.) 1.68%
Buy / Sell Spread 0.2% / Nil

Investment Guidelines

Cash and investment grade securities 0 - 100%
Sub-investment grade securities & non-rated securities(incl. mortgages and other private debt 0-15%) 0 - 25%
Gearing level (of the fund’s net asset value) 0 - 25%

Distribution

Quarterly
March 31, June 30, September 30, December 31

Product Disclosure Statement

How to Invest

  1. If you are interested in making an investment or you are an existing investor in WealthFocus Investment Funds


    Review the Product Disclosure Statement (PDS) for WealthFocus Investment Funds and related documents to ensure you understand how the Funds work and the risks that are involved.

    All forms, offer documents and PDS’s can be found in our Resources section.


    > Important information and continuous disclosure

  2. Mailing and application details

    Send your completed application & identification documents to:


    Reply Paid 4171

    Perpetual WealthFocus Investment Funds

    GPO Box 4171, Sydney NSW 2001


    Customer Identification Requirements

Pricing & Performance

Performance as at 31/03/2018

Returns as at 31/03/2018

  Growth % Total %
1 month -0.25 -0.25
3 month 0.33 0.33
6 month 1.44 1.44
1 year 2.99 2.99
3 year 2.79 2.79
5 year 3.21 3.21
10 year 4.05 4.05

Unit Prices as at 18/04/2018

Entry
1.548
Exit
1.545
View price history

Fund Commencement Date

December 2005

Fund Profile

Details & Fees

About this fund

  • Fund Manager

    Perpetual Investment Management Limited

  • Asset Class

    Cash and fixed income

  • Suggested Length

    3 years or longer

Investment Objective

Aims to provide regular income and consistent returns above the Bloomberg AusBond Bank Bill Index over rolling three-year periods (before fees and taxes) by investing in a diverse range of income generating assets.

Investment Approach

The fund's approach to delivering returns and managing risk is through an active and risk aware investment process which invests in a diversified core portfolio of liquid investment grade credit securities. Perpetual Investments believes these assets provide investors with protection in times of market stress. When the environment is supportive Perpetual Investments seeks to enhance returns by taking more risk whether that be in maturity, credit rating, subordination or gearing. The fund can also invest in alternative income generating securities such as mortgages, infrastructure debt and private debt. This approach to portfolio construction is Perpetual Investments' preferred method to deliver investors the highest possible risk adjusted returns.
Derivatives may be used in managing the fund.

Investment Details

Minimum Initial Investment $20,000

Fees

Entry up to 4.0%
Exit Nil
Management Cost (p.a.) 1.98%
Buy / Sell Spread 0.2% / Nil

Investment Guidelines

Cash and investment grade securities 0 - 100%
Sub-investment grade securities & non-rated securities(incl. mortgages and other private debt 0-15%) 0 - 25%
Gearing level (of the fund’s net asset value) 0 - 25%

Distribution

N/A

Product Disclosure Statement

How to Invest

  1. If you are interested in making an investment in the Perpetual WealthFocus Account Based Pension Plan


    Review the Product Disclosure Statement (PDS) for Perpetual WealthFocus Account Based Pension Plan (which includes the Account Based Pension Plan) and other offer documents and consider your investment option carefully.

    It is likely that the WealthFocus Wholesale Pension Plan will be most suitable for new investors

    > Important information and continuous disclosure

    > Find out more about Perpetual WealthFocus

  2. If you are an existing investor in WealthFocus Account Based Pension Plan


    All forms, offer documents and PDS’s can be found in Forms, PDS's and Offer Documents page in our Resources section.

  3. Mailing and Application Details


    Send your completed application & identification documents to:


    Reply Paid 4171

    Perpetual WealthFocus Wholesale Pension Plan

    GPO Box 4171, Sydney NSW 2001


    Customer Identification Requirements

Pricing & Performance

Performance as at 31/03/2018

Returns as at 31/03/2018

  Growth % Total %
1 month -0.21 -0.21
3 month 0.30 0.30
6 month 1.28 1.28
1 year 2.64 2.64
3 year 2.43 2.43
5 year 2.81 2.81
10 year 3.50 3.50

Unit Prices as at 18/04/2018

Entry
1.476
Exit
1.473
View price history

Fund Commencement Date

December 2005

Fund Profile

Details & Fees

About this fund

  • Fund Manager

    Perpetual Investment Management Limited

  • Asset Class

    Cash and fixed income

  • Suggested Length

    3 years or longer

Investment Objective

Aims to provide regular income and consistent returns above the Bloomberg AusBond Bank Bill Index over rolling three-year periods (before fees and taxes) by investing in a diverse range of income generating assets.

Investment Approach

The fund's approach to delivering returns and managing risk is through an active and risk aware investment process which invests in a diversified core portfolio of liquid investment grade credit securities. Perpetual Investments believes these assets provide investors with protection in times of market stress. When the environment is supportive Perpetual Investments seeks to enhance returns by taking more risk whether that be in maturity, credit rating, subordination or gearing. The fund can also invest in alternative income generating securities such as mortgages, infrastructure debt and private debt. This approach to portfolio construction is Perpetual Investments' preferred method to deliver investors the highest possible risk adjusted returns.
Derivatives may be used in managing the fund.

Investment Details

Minimum Initial Investment $3,000
With Savings Plan  
Minimum Initial Investment $1,500
Monthly Minimum Nil
Minimum Additional Investment $1,000

Fees

Entry up to 4.0%
Exit Nil
Management Cost (p.a.) 1.98%
Buy / Sell Spread 0.2% / Nil

Investment Guidelines

Investment grade securities 0 - 100%
Sub-investment grade and non rated securities 0 - 25%
Mortgages and other private debt 0 - 15%

Distribution

N/A

Product Disclosure Statement

How to Invest

  1. If you are interested in making an investment in Perpetual WealthFocus Super Plan


    Review the Product Disclosure Statement (PDS) for WealthFocus Wholesale Super Plan and other offer documents and consider your investment option carefully.

    Send the completed application & documents to the address below.


    > Important information and continuous disclosure

    > Find out more about Perpetual WealthFocus

  2. New and existing investors - Invest using Perpetual’s online application form

  3. If you are an existing investor in WealthFocus Super Plan


    All forms, offer documents and PDS’s can be found on Forms, PDS's and Offer Documents page in our Resources section.

  4. Mailing and application details


    Send the completed application & documents to:

    Reply Paid 4171
    Perpetual WealthFocus Super Plan
    GPO Box 4171
    Sydney NSW 2001


    Customer Identification Requirements

Pricing & Performance

Performance as at 31/03/2018

Returns as at 31/03/2018

  Growth % Total %
1 month -0.25 -0.25
3 month 0.33 0.33
6 month 1.44 1.44
1 year 2.99 2.99
3 year 2.79 2.79
5 year 3.21 3.21
10 year 4.05 4.05

Unit Prices as at 18/04/2018

Entry
1.548
Exit
1.545
View price history

Fund Commencement Date

December 2005

Fund Profile

Details & Fees

About this fund

  • Fund Manager

    Perpetual Investment Management Limited

  • Asset Class

    Cash and fixed income

  • Suggested Length

    3 years or longer

Investment Objective

Aims to provide regular income and consistent returns above the UBS Bank Bill Index over rolling three-year periods (before fees and taxes) by investing in a diverse range of income generating assets.

Investment Approach

The fund's approach to delivering returns and managing risk is through an active and risk aware investment process which invests in a diversified core portfolio of liquid investment grade credit securities. Perpetual Investments believes these assets provide investors with protection in times of market stress. When the environment is supportive Perpetual Investments seeks to enhance returns by taking more risk whether that be in maturity, credit rating, subordination or gearing. The fund can also invest in alternative income generating securities such as mortgages, infrastructure debt and private debt. This approach to portfolio construction is Perpetual Investments' preferred method to deliver investors the highest possible risk adjusted returns.
Derivatives may be used in managing the fund.

Investment Details

Minimum Initial Investment $20,000

Fees

Entry up to 4.0%
Exit Nil
Management Cost (p.a.) 1.98%
Buy / Sell Spread 0.2% / Nil

Investment Guidelines

Cash and investment grade securities 0 - 100%
Sub-investment grade securities & non-rated securities(incl. mortgages and other private debt 0-15%) 0 - 25%
Gearing level (of the fund’s net asset value) 0 - 25%

Distribution

N/A

Product Disclosure Statement

How to Invest

  1. The Perpetual WealthFocus Term Allocated Pension Plan is closed to new investors

  2. If you are an existing investor in WealthFocus Term Allocated Pension Plan


    All forms, offer documents and PDS’s can be found on Forms, PDS's and Offer Documents page in our Resources section.

  3. Mailing and application details


    Send the completed application & documents to:

    Reply Paid 4171
    Perpetual WealthFocus Pension Plan
    GPO Box 4171
    Sydney NSW 2001


    Customer Identification Requirements

Perpetual Investment Management Limited ABN 18 000 866 535 AFSL 234426 and Perpetual Superannuation Limited ABN 84 008 416 831 AFSL 225246 are the issuers of the Funds. You should consider the relevant Fund product disclosure statement or other offer document before deciding whether to invest.

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.