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.
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.
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
Performance as at 31/03/2018
Returns as at 31/03/2018
|Growth %||Distribution %||Total %|
About this fund
Perpetual Investment Management Limited
Cash and fixed income
3 years or longer
To provide regular income and consistent returns by investing in a diversified range of income generating assets. To outperform the Bloomberg AusBond Bank Bill Index over rolling three year periods before fees and taxes.
Perpetual'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 securities. Perpetual believes these assets provide investors with protection in times of market stress. When the environment is supportive Perpetual 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's preferred method to deliver investors the highest possible risk adjusted returns.
Derivatives may be used in managing the Fund.
|Minimum Initial Investment||$25,000|
|With Savings Plan|
|Minimum Initial Investment||$25,000|
|Minimum Additional Investment||$2,000|
|Management Fee (p.a.)||0.70%. Refer to PDS for Management Costs. *|
|Buy / Sell Spread||0.1% / 0.1%|
|Effective 1 May 2017 we have updated fees and costs information, and issued a new Product Disclosure Statement (PDS). Due to changes in ASIC Class Order [CO 14/1252], we have updated our disclosure in respect of the estimated management cost of the Wholesale Funds. This amount includes estimated indirect costs which are paid by the Fund, and are not a direct cost to you. The management fee you pay to Perpetual has not changed. A full explanation of fees and costs is set out in the PDS. For a copy of the replacement PDS please download the document from the How to Invest tab.|
|Investment grade securities||0 - 100%|
|Sub-investment grade and non rated securities||0 - 25%|
|March 31, June 30, September 30, December 31|
Perpetual Wholesale Funds feature Perpetual’s leading investment management capabilities. They are designed for individual and wholesale investors, and super fund trustees, with $25,000 or more to invest. You can also invest through investor directed portfolio services.
Making an investmentReview the Product Disclosure Statement (PDS) and related documents to ensure you understand how the fund works and the risks involved.
If you are an institutional investor
Please contact one of our institutional relationship managers or phone 1800 110 941.