Geared Australian Share Fund

Ways to Invest

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Geared Australian Share Fund

Pricing & Performance

Performance as at 31/10/2018

Returns as at 31/10/2018

  Growth % Distribution % Total %
1 month -11.56 -- -11.56
3 month -12.60 -- -12.60
6 month -18.47 13.56 -4.91
1 year -16.17 13.94 -2.24
3 year -5.07 12.30 7.23
5 year -4.48 9.06 4.57
10 year 1.81 5.81 7.63

Unit Prices as at 10/12/2018

Entry
0.479
Exit
0.476
View price history

Distributions

Frequency Quarterly
Cents per Unit 0.000
Reinvestment Price 1.000
View distributions history

Fund Commencement Date

March 2007

Details & Fees

About this fund

  • Fund Manager

    Perpetual Investment Management Limited

  • Asset Class

    Australian shares

  • Suggested Length

    7 years or longer

Investment Objective

Provide investors with enhanced long-term capital growth through borrowing (gearing) to invest in a diversified portfolio of Australian shares - Outperform the S&P/ASX300 Accumulation Index (before fees and tax) over rolling three-year periods.

Investment Approach

The Investment Option combines investment managers with different investment styles and philosophies. The Investment Option is managed according to its investment guidelines which have a set exposure to each investment manager. Each Investment Option is regularly reviewed and re-weighted to the set investment guideline. Re-weighting means realigning the asset allocation to the investment guidelines for each investment manager. This can help reduce the volatility of the investment by avoiding over exposure to a particular investment manager that has grown more quickly than another.

The fund borrows to gear its investment exposure. The borrowings are secured against the Fund's assets. The income of the Fund, which includes dividends and interest from the underlying investments, is used to service the interest cost of borrowings. Please read the Product Disclosure Statement for more information on the gearing policy.

Investment Details

Minimum Initial Investment Nil

Fees

Entry up to 4%
Exit N/A
Management Cost (p.a.) 4.57%
Buy / Sell Spread 0.6% / Nil
Due to changes in ASIC Class Order [CO 14/1252], we have updated our disclosure in respect of the estimated management cost of the Fund. 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.

Investment Guidelines

Australian shares 80 - 100%
Cash 0 - 20%
Gearing level 0 - 60%
Absolute return strategies 0%

Distribution

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

How to Invest

  1. If you are interested in making an investment in Perpetual Select Investment Funds


    Review the Product Disclosure Statement (PDS) 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 Select

  2. If you are an existing investor in Perpetual Select Investment Funds


    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 your completed application & identification documents to:


    Reply Paid 4171

    Perpetual Select Investment Funds

    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.

Awards and recognition