Perpetual Global Share Fund Hedged

The Perpetual Global Share Fund Hedged is a hand-picked portfolio of high quality companies chosen for their long-term investment potential and attractive valuations. The Fund aims to minimise the effect of movements in the Australian dollar (AUD) by hedging the majority of the Fund’s foreign currency exposure back to the AUD.

We constantly assess the world’s best investment ideas and seek to invest in companies that have the potential to deliver strong investment returns over the long term. The Fund employs the same disciplined, active, value-based investment approach used across Perpetual’s broader equities capability. Wherever it invests, the Fund seeks high quality companies with strong balance sheets, consistent earnings growth and strong free cash flow.

With around 98% of the world’s investment opportunities located outside of Australia, the Fund enables investors to access companies that operate in differing regions and in industries under represented in Australia.

Latest Fund Profile

Get the latest performance information and portfolio commentary for the Perpetual Global Share Fund Hedged.

Features and Benefits

  • True To Label Value Investing

  • Stock Picking Skills

  • Best Ideas Portfolio

  • Currency Exposure Is Hedged

The Case for Global Shares

Our people and our process set us apart from other global fund managers. We apply our experience, insight, and skill to identify global companies with the greatest long-term potential. The Fund's investment process is described in our investment brochure.

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
Global Share Fund- How we Invest

By investing overseas you can capture the growth potential of today’s global giants, like Apple and Samsung, or tap into the next generation of leaders.

Garry Laurence, Global Equities Portfolio Manager

Perpetual Wholesale Global Share Fund Hedged

Pricing & Performance

Performance as at 31/05/2018

Returns as at 31/05/2018

  Growth % Distribution % Total %
1 month 1.34 -- 1.34
3 month 0.18 -- 0.18
6 month 3.02 -- 3.02
1 year 2.79 8.26 11.05
3 year -- -- --
5 year -- -- --
10 year -- -- --

Unit Prices as at 21/06/2018

Entry
1.303
Exit
1.294
View price history

Distributions

Frequency Half Yearly
Cents per Unit 0.000
Reinvestment Price 1.000
View distributions history

Fund Commencement Date

February 2016

Fund Profile

Details & Fees

About this fund

  • Fund Manager

    Perpetual Investment Management Limited

  • Asset Class

    International shares

  • Suggested Length

    7 years or longer

Investment Objective

Aims to provide investors with long-term capital growth through investment in quality global shares and minimise the impact of movements in the AUD on investment returns by hedging the majority of foreign currency exposure back to the AUD.

Investment Approach

Adopting a "bottom- up" stock selection approach to investing, where the decision to buy or sell is based on fundamental quality and valuation. The diversified portfolio is constructed within a framework that is independent of the benchmark in terms of stock and sector weights. Added value is expected to come from the Portfolio Manager's high conviction approach to stock selection. The Fund will substantially hedge the currency exposure arising from investments in international shares back to the AUD.
Currency hedging is outsourced to a currency overlay manager to implement hedging strategies with the aim of reducing the impact of adverse currency movements.
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.) 1.10%. Refer to PDS for Management Costs.
Performance Fee (p.a.) 15% of outperformance*
Buy / Sell Spread 0.36% / 0.36%
*A performance fee of 15% of the difference between the Funds daily return and its performance hurdle (the MSCI World Net Total Return Index fully hedged to the AUD) may be charged. Please refer to the Product Disclosure Statement for further information.

Investment Guidelines

Cash 0 - 30%
Global shares 70 - 100%
Currency Hedging 75 - 100%

Distribution

Half Yearly
June 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.

    Continuous disclosure and updates

    Find out more about Perpetual Wholesale Funds

  2. Making an investment

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

    Online Application



    Paper Application Form

     

    Send your completed application & identification documents to:

    Perpetual Wholesale Funds

    GPO Box 4171, Sydney NSW 2001


    Customer Identification Requirements

     

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

  3. 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.