Perpetual Exact Market Return Fund

This fund is available to Institutional Investors with a minimum investment of $500,000.

For more information, please contact one of our institutional relationship managers or phone 1800 110 941. 

> Important information and continuous disclosure

Perpetual Exact Market Return Fund

Pricing & Performance

Performance as at 31/08/2021

Returns as at 31/08/2021

  Growth % Distribution % Total %
1 month -- -- --
3 month -0.02 0.03 0.01
6 month -0.08 0.09 0.02
1 year -0.16 0.21 0.04
3 year -0.12 0.96 0.84
5 year -0.05 1.28 1.22
10 year -0.03 2.14 2.11

Unit Prices as at 23/09/2021

View price history


Frequency Quarterly
Cents per Unit 0.031
Reinvestment Price 1.025
View distributions history

Fund Commencement Date

February 2005

Target Market Determination (TMD)

Details & Fees

About this fund

  • Fund Manager

    Perpetual Investment Management Limited

  • Asset Class

    Cash and fixed income

  • Suggested Length

    1 year or longer

Investment Objective

To provide investors with regular income by investing in deposits, money market and fixed income securities. To match the Bloomberg AusBond Bank Bill Index after management fees on an ongoing basis.

Investment Approach

The Fund aims to achieve Exact Benchmarking by investing in deposits, money-market and fixed income securities. If, however, the Fund's investments fall short of the required return, the Fund will still deliver the benchmark return to investors through a swap agreement while Exact Benchmarking applies.

The Fund is managed on a total pre-tax return basis. The income and growth components may vary from the Bloomberg AusBond Bank Bill Index while the total return matches the pre-tax benchmark return.

Investment Details

Minimum Initial Investment $500,000
Minimum Additional Investment $500,000


Entry Nil
Exit Nil
Management Fee (p.a.) 0.00%. Refer to PDS for Management Costs.*
Buy / Sell Spread Nil / Nil
Effective 25 September 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 Perpetual Private Income 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 Continuous Disclosure Page.

Investment Guidelines


March 31, June 30, September 30, December 31

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.