Perpetual Wholesale Concentrated Equity Fund
Perpetual Wholesale Concentrated Equity Fund
Pricing & Performance
Performance as at 28/02/2019
Returns as at 28/02/2019
| Growth % | Distribution % | Total % | |
|---|---|---|---|
| 1 month | 5.61 | -- | 5.61 |
| 3 month | 3.75 | 2.72 | 6.47 |
| 6 month | -5.18 | 2.48 | -2.70 |
| 1 year | -6.85 | 10.31 | 3.46 |
| 3 year | -0.29 | 10.01 | 9.73 |
| 5 year | -5.72 | 11.61 | 5.89 |
| 10 year | 2.09 | 10.04 | 12.13 |
Distributions
| Frequency | Half Yearly |
| Cents per Unit | 3.595 |
| Reinvestment Price | 1.373 |
Fund Commencement Date
| August 1999 |
Fund Profile
Details & Fees
About this fund
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Fund Manager
Perpetual Investment Management Limited
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Asset Class
Australian shares
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Suggested Length
5 years or longer
Investment Objective
Aims to: provide long-term capital growth and income through investment in quality industrial and resource shares; and outperform the S&P/ASX 300 Accumulation Index (before fees and taxes) over rolling three-year periods.
Investment Approach
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
- in the case of industrial shares, recurring earnings.
The Fund's investment portfolio will typically consist of between 20 and 45 stocks.
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.) | 1.10%. Refer to PDS for Management Costs. |
| Buy / Sell Spread | 0.15% / 0.15% |
Investment Guidelines
| Australian shares | 90 - 100% |
| Cash | 0 - 10% |
Distribution
| Half Yearly |
| June 30, December 31 |
How to Invest
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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.
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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
Paper Application Form
Mailing and application details address
Send your completed application & identification documents to:
Perpetual Wholesale 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.
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If you are an institutional investor
Please contact one of our institutional relationship managers or phone 1800 110 941.
Got a question?
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Paul Skamvougeras
Head of Equities, Portfolio Manager
Concentrated Equity, Pure Equity AlphaBEc, CAYears of experience: 23
Years at Perpetual: 15 (split in 2 periods)
Paul is the Head of Equities and the Portfolio Manager for the Concentrated Equity and Pure Equity Alpha 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.
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