Perpetual Diversified Real Return Fund - Class W

The Perpetual Diversified Real Return Fund invests across a range of strategies, regions and sectors. The Fund targets a pre-tax return of 5% per annum above inflation, before fees and taxes, over rolling five-year periods, while minimising downside risk.

The Fund aims to achieve this return with lower levels of volatility than a traditional balanced fund. Diversifying the sources of risk to form a more efficient multi-asset portfolio and seeking to reduce the uncertainty of investment outcomes over the investment horizon and protect returns against inflation.

We apply a dynamic asset allocation approach to managing the Fund, which means that we are not constrained by fixed asset allocation ranges. Instead, we have the flexibility to actively shift the investment exposures to capture the best opportunities – wherever they are found.

Class W is the standard fee option.

Features and Benefits

  • ‘WHOLE OF PORTFOLIO' SOLUTION

    There are a number of ways we take an integrated approach to managing our portfolios. This includes defining the clear role of each investment in achieving a portfolio’s investment objectives and centrally managing risks at the portfolio level rather than in isolation.

  • Investments are focused on opportunities

    We focus on using the broadest set of investment opportunities. This means that our asset allocation is always changing, not only to capture the best returns but also to minimise the risk of loss.

  • Lower volatility

    Because the Fund is focused on managing overall volatility, we aim to provide a smooth and consistent sequence of returns for investors. Our approach seeks to lower risk and protect capital.

  • Wide variety of investment opportunities

    The Fund can invest in some harder to access investment opportunities, such as unlisted property, private equity, infrastructure, frontier markets and commodities strategies; as well as traditional assets.

THE CASE FOR REAL RETURN INVESTING

Real return funds are designed to provide investors with a higher certainty of achieving a real return objective with a lower level of risk and lower sensitivity to extreme market events.

Fund Resources

Employee, Perpetual Diversified Real Return

Through our dynamic asset allocation approach, we are constantly adjusting the Fund’s asset exposure to be in the right assets at the right time.

MICHAEL O’DEA, HEAD OF MULTI ASSET

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

Perpetual Diversified Real Return Fund - Class W

Pricing & Performance

Performance as at 30/04/2022

Returns as at 30/04/2022

  Growth % Distribution % Total %
1 month 1.14 -- 1.14
3 month -0.02 -- -0.02
6 month 1.28 -- 1.28
1 year 2.89 0.40 3.30
3 year 2.01 2.63 4.64
5 year 1.37 3.21 4.58
10 year 1.27 4.78 6.05

Unit Prices as at 19/05/2022

Entry
1.167
Exit
1.165
View price history

Distributions

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

Fund Commencement Date

October 2010

Target Market Determination (TMD)

Details & Fees

About this fund

  • Fund Manager

    Perpetual Investment Management Limited

  • Asset Class

    Diversified

  • Suggested Length

    5 years or longer

Investment Objective

The Fund targets a pre-tax return of 5% per annum above inflation (before fees and taxes) over rolling five-year periods, while minimising downside risk. The Fund aims to provide investors with exposure to a balanced portfolio that is constructed with reference to risk premiums (risk contribution to the overall portfolio) rather than capital allocations.

Investment Approach

The Fund will invest in a diversified range of asset classes. The combination of assets held by the Fund at any time are those which we believe provide the greatest probability of achieving the target return over rolling five year periods. Perpetual may adjust the Fund's asset allocation to respond to changing market conditions and/or to take advantage of new opportunities.
In managing the Fund to meet its investment objective, the Fund may implement a considerable amount of its exposures via derivatives, and may include alternative and private market assets. Currency is managed at the Fund level, taking into account currency exposure arising from underlying investments.
Currency management is used to either hedge currency for an existing position or create an exposure to a foreign currency. Net foreign currency exposure will be limited to 50% of the gross asset value of the Fund. Investment in illiquid assets will be limited to 18% of the net asset value of the Fund.

Investment Details

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

Fees

Entry 0
Exit 0
Management Fee (p.a.) 0.85%. Refer to PDS for Management Costs.
Buy / Sell Spread 0.1% / 0.1%
Refer to PDS

Investment Guidelines

Australian shares 0 - 50%
Cash 0 - 100%
International shares 0 - 50%
Property 0 - 15%
Commodities 0 - 15%
Other investments 0 - 30%
Illiquid assets 0 - 20%
Fixed income and credit 0 - 100%

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.

    Continuous disclosure and updates for Perpetual Wholesale Funds

    Continuous disclosure and updates for Perpetual Pure Series Funds

    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


    Apply for Perpetual Wholesale funds

     

    Apply for Perpetual Pure series funds


     

    Send your completed application & identification documents to:

    Perpetual Wholesale Funds

    GPO Box 4171, Sydney NSW 2001

    If applying to Perpetual Pure Series Funds:

    Perpetual Pure Series 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/or 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. The product disclosure statements and target market determinations for the Funds are available on this website.

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.

Have any questions?

Call your Perpetual Business Development Manager on 1800 062 728.

Awards and recognition

The Zenith Fund Awards were issued on 15 October 2021 by Zenith Investment Partners (ABN 27 130 132 672, AFSL 226872) and are determined using proprietary methodologies. The Fund Awards are solely statements of opinion and do not represent recommendations to purchase, hold or sell any securities or make any other investment decisions. To the extent that the Fund Awards constitutes advice, it is General Advice for Wholesale clients only without taking into consideration the objectives, financial situation or needs of any specific person. Investors should seek their own independent financial advice before making any investment decision and should consider the appropriateness of any advice. Investors should obtain a copy of and consider any relevant PDS or offer document before making any investment decisions. Past performance is not an indication of future performance. Fund Awards are current for 12 months from the date awarded and are subject to change at any time. Fund Awards for previous years are referenced for historical purposes only. 

Morningstar Awards 2022 (c). Morningstar, Inc. All Rights Reserved. Awarded to Perpetual Diversified Real Return for Australian Fund Manager of the Year, Multisector, Australia.