Perpetual’s Concentrated Equity Fund offers a concentrated portfolio of between 20 and 45 high quality Australian shares, focused on capturing sustainable, long-term returns for investors.
The Fund’s investment team, led by Head of Equities Paul Skamvougeras, conducts extensive fundamental research and only invests in a company when they believe the share price is attractive relative to its return potential. They seek to hold the positions long-term, provided that the quality of the business remains unchanged and the price remains attractive, underlining the focus on sustainable long-term investment returns.
Performance as at 31/05/2021
Returns as at 31/05/2021
|Growth %||Distribution %||Total %|
About this fund
Perpetual Investment Management Limited
5 years or longer
Aims to: provide long-term capital growth and income through investment predominantly in quality Australian industrial and resource shares; and outperform the S&P/ASX 300 Accumulation Index (before fees and taxes) over rolling three-year periods.
Perpetual researches companies of all sizes using consistent share selection criteria. Perpetual's priority is to select those companies that represent the best investment quality and are appropriately priced. In determining investment quality, investments are carefully selected on the basis of four key investment criteria:
- conservative debt levels
- sound management
- quality business and
- recurring earnings.
The Fund may have up to 20% exposure to investments in international shares.
The Fund's investment portfolio will typically consist of between 20 and 45 stocks.
Derivatives may be used in managing the Fund.
|Minimum Initial Investment||$25,000|
|With Savings Plan|
|Minimum Initial Investment||$25,000|
|Minimum Additional Investment||$2,000|
|Management Fee (p.a.)||1.10%. Refer to PDS for Management Costs.|
|Buy / Sell Spread||0.15% / 0.15%|
|Australian shares||90 - 100%|
|Cash||0 - 10%|
|June 30, December 31|
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.
Making an investmentReview the Product Disclosure Statement (PDS) and related documents to ensure you understand how the fund works and the risks involved.
Mailing and application details address
Send your completed application & identification documents to:
Perpetual Wholesale Funds
GPO Box 4171, Sydney NSW 2001
All forms, offer documents and PDS’s can be found in Forms, PDS's and Offer Documents page in our Resources section.
If you are an institutional investor
Please contact one of our institutional relationship managers or phone 1800 110 941.
Years of experience: 25
Years at Perpetual: 18 (split in 2 periods)
Paul is the Head of Equities and the Portfolio manager for the Concentrated Equity, Pure Equity Alpha and Pure Value strategies.
Paul rejoined Perpetual Investments in February 2010 as a Portfolio Manager, having previously spent seven years with Perpetual. He began his career with Perpetual in 1994 in a back office role, moving into a dealing role after three years, working his way up to the Head Dealer role.
Between stints at Perpetual, Paul spent seven years working at CPH/Ellerston Capital, where he had portfolio management responsibilities for an Australian long/short strategy for the first four years and a global long/short strategy for the last three years. Paul also recruited and managed two analysts within his team.
Paul gained international experience, spending 18 months in London, as well as expertise in investing and trading various asset classes ranging from equities, commodities, currencies and fixed interest.
Paul has a Bachelor of Economics from Macquarie University and is a Member of the Institute of Chartered Accountants.Loading...