The Perpetual Pure Microcap Fund is an actively managed portfolio of quality Australian Microcap companies, which are defined as companies with a market capitalisation or free float of less than $300 million on acquisition.
Investing in Perpetual Pure Microcap Fund provides investors with the following benefits:
- A professionally managed portfolio using Perpetual’s bottom up stock selection process.
- The potential for long-term capital growth via investment in under-researched microcap stocks, which are typically mispriced and undervalued.
Information for the Perpetual Pure Microcap Fund.
Fund Resources
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 Pure Microcap Fund - Class A
Pricing & Performance
Performance as at 30/04/2022
Returns as at 30/04/2022
Growth % | Distribution % | Total % | |
---|---|---|---|
1 month | -1.00 | -- | -1.00 |
3 month | 2.14 | -- | 2.14 |
6 month | -1.86 | 0.98 | -0.88 |
1 year | 9.49 | 10.73 | 20.22 |
3 year | 12.45 | 8.25 | 20.71 |
5 year | 3.72 | 9.76 | 13.48 |
10 year | -- | -- | -- |
Distributions
Frequency | Half Yearly |
Cents per Unit | 1.947 |
Reinvestment Price | 1.963 |
Fund Commencement Date
August 2013 |
Fund Profile
Target Market Determination (TMD)
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 or free float of less than $300m on acquisition.
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 | Nil |
Minimum Additional Investment | $2,000 |
Fees
Entry | 0 |
Exit | 0 |
Management Fee (p.a.) | 1.28%. Refer to PDS for Management Costs. * |
Performance Fee (p.a.) | 20.50% of outperformance.* |
Buy / Sell Spread | 0.14% / 0.14% |
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 |
Have any questions?
Call your Perpetual Business Development Manager on 1800 062 728.