Perpetual Wholesale Diversified Income Fund

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 Wholesale Diversified Income Fund

Pricing & Performance

Performance as at 31/01/2018

Returns as at 31/01/2018

  Growth % Distribution % Total %
1 month 0.61 -- 0.61
3 month 0.24 1.05 1.28
6 month 0.41 2.00 2.41
1 year 1.56 3.52 5.08
3 year 0.57 3.46 4.03
5 year 0.47 4.03 4.50
10 year 0.15 4.80 4.95

Unit Prices as at 22/02/2018

Entry
0.986
Exit
0.984
View price history

Distributions

Frequency Quarterly
Cents per Unit 1.021
Reinvestment Price 0.978
View distributions history

Fund Commencement Date

October 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

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.

Investment Approach

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.

Investment Details

Minimum Initial Investment $25,000
With Savings Plan  
Minimum Initial Investment $25,000
Monthly Minimum $100
Minimum Additional Investment $2,000

Fees

Entry Nil
Exit Nil
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 Guidelines

Investment grade securities 0 - 100%
Sub-investment grade and non rated securities 0 - 25%

Distribution

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

How to Invest

  1. 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.

    Review the Product Disclosure Statement (PDS) and related documents to ensure you understand how the fund works and the risks involved.

    Continuous disclosure and updates

    Find out more about Perpetual Wholesale Funds

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

  3. New and existing investors - Invest through printed application form

     

    Send the completed application & documents to the address below.

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

  4. Mailing and application details


    Send your completed application & identification documents to:

    Perpetual Wholesale Funds

    GPO Box 4171, Sydney NSW 2001


    Customer Identification Requirements

  5. If you are an institutional investor

     

    Please contact one of our institutional relationship managers or phone 1800 110 941. 

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.

Awards and recognition

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