Perpetual Pure Microcap Fund

Perpetual Pure Equity Alpha - Investment Brouchure

The Perpetual Pure Microcap Fund is closed to new investors.

Ways to Invest

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Perpetual Pure Microcap Fund

Pricing & Performance

Performance as at 31/10/2018

Returns as at 31/10/2018

  Growth % Distribution % Total %
1 month -7.09 -- -7.09
3 month -0.58 -- -0.58
6 month -4.16 8.55 4.38
1 year -2.97 8.66 5.69
3 year 3.25 17.88 21.14
5 year 4.42 16.51 20.93
10 year -- -- --

Unit Prices as at 15/11/2018

Entry
1.416
Exit
1.410
View price history

Distributions

Frequency Half Yearly
Cents per Unit 12.523
Reinvestment Price 1.404
View distributions history

Fund Commencement Date

September 2013

Details & Fees

About this fund

  • Fund Manager

    Perpetual Investment Management Limited

  • Asset Class

    Australian shares

  • Suggested Length

    7 years or longer

Investment Objective

Aims to provide investors with long term capital growth via an investment in a portfolio of quality Australian microcap companies. Microcap companies are defined as companies with a market capitalisation of less than $250 million on acquisition. Whilst the Fund has no formal benchmark, for reporting purposes the Fund is measured against the S&P/ASX Small Ordinaries Accumulation Index.

Investment Approach

We aim to achieve the Fund's investment objective by:
- adopting a 'bottom-up' stock selection approach to investing, where the decision to buy or sell is based on fundamental quality and valuation
- constructing the portfolio within a framework that is benchmark independent in terms of stock and sector weights
- aiming to add value from the portfolio manager's high conviction approach to stock selection.
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.) 1.28%. Refer to PDS for Management Costs. *
Performance Fee (p.a.) 20.50% of outperformance.*
Buy / Sell Spread 0.2% / 0.2%
Effective 1 March 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 Pure Series Funds. This amount includes estimated indirect costs which are paid by the Fund, and are not a direct cost to you. It also includes a 4.53% estimated performance fee. 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

Australian shares 70 - 100%
Cash 0 - 30%

Distribution

Half Yearly
June 30, December 31

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.