The Perpetual Diversified Income Fund is an active, diversified portfolio of high quality, floating rate debt investments. The Fund is designed for investors seeking predictable outcomes – including above cash rate returns, consistent income and capital stability.
When investing in debt, avoiding loss or default is critical. Perpetual aims to invest in stable, income generating assets that have a low likelihood of default. Perpetual’s analysts screen out risks by applying quality filters to companies and selecting those with strong management, stable balance sheets, predictable earnings, industry leadership and low susceptibility to regulatory or event risk.
Delivered by a team of trusted experts – the true pioneers of Australian credit – Perpetual’s Diversified Income Fund is always actively hunting for new opportunities to generate consistent income, but never losing focus on our central goals to protect investors capital.
Features and Benefits
-
True pioneers in Australian credit
Perpetual’s highly regarded senior portfolio management team have been investing together for nearly two decades
-
Active, nimble, and opportunistic
A strategy that is always on the hunt for returns, rotating the portfolio across sectors, issuers, and individual credits
-
A measured approach to risk taking
Defensive, risk aware investment process, focused on protecting in times of market stress whilst delivering repeatable returns
-
Protection against rising rates
A diverse portfolio of floating rate bonds with limited exposure to interest rate risk
Fund Resources
From partying hard to doing the hard yards
Market returns across most asset classes have been supercharged since the lows of March 2020, spurred by accommodative monetary policy, stimulatory fiscal policy and an improving global economic outlook. What has this all meant for Perpetual’s Diversified Income Fund?
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 Wholesale Diversified Income Fund
Pricing & Performance
Performance as at 31/08/2021
Returns as at 31/08/2021
| Growth % | Distribution % | Total % | |
|---|---|---|---|
| 1 month | 0.19 | -- | 0.19 |
| 3 month | -1.01 | 1.42 | 0.41 |
| 6 month | -0.85 | 2.22 | 1.37 |
| 1 year | 0.26 | 4.11 | 4.37 |
| 3 year | 0.01 | 3.08 | 3.08 |
| 5 year | 0.10 | 3.38 | 3.48 |
| 10 year | 0.35 | 3.93 | 4.28 |
Distributions
| Frequency | Quarterly |
| Cents per Unit | 1.394 |
| Reinvestment Price | 0.972 |
Fund Commencement Date
| October 2005 |
Fund Profile
Target Market Determination (TMD)
Details & Fees
About this fund
-
Fund Manager
Perpetual Investment Management Limited
-
Asset Class
Cash and fixed income
-
Suggested Length
3 years or longer
Investment Objective
Aims to provide regular income and consistent returns above the Bloomberg Ausbond Bank Bill Index (before fees and taxes) over rolling three year periods by investing in a diverse range of income generating assets.
Investment Approach
The Fund's approach to delivering returns and managing risk is through an active and risk aware investment process which invests in a diversified core portfolio of liquid investment grade securities. Perpetual believes these assets provide investors with protection in times of market stress. When the environment is supportive Perpetual seeks to enhance returns by taking more risk whether that be in maturity, credit rating, subordination or gearing. The Fund can also invest in alternative income generating securities such as mortgages, infrastructure debt and private debt. This approach to portfolio construction is Perpetual's preferred method to deliver investors the highest possible risk adjusted returns.
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.) | 0.59%. Refer to PDS for Management Costs |
| Buy / Sell Spread | 0.1% / 0.1% |
Investment Guidelines
| Investment grade securities | 75 - 100% |
| Sub-investment grade and non rated securities | 0 - 25% |
| Gearing level (of the fund’s net asset value) | 0 - 25% |
Distribution
| Quarterly |
| March 31, June 30, September 30, December 31 |
How to Invest
-
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.
> Continuous disclosure and updates for Perpetual Wholesale Funds
> Continuous disclosure and updates for Perpetual Pure Series Funds
-
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
Apply for Perpetual Wholesale funds
Apply for Perpetual Pure series funds
Mailing and application details address
Send your completed application & identification documents to:
Perpetual Wholesale Funds
GPO Box 4171, Sydney NSW 2001
If applying to Perpetual Pure Series Funds:
Perpetual Pure Series 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.
-
If you are an institutional investor
Please contact one of our institutional relationship managers or phone 1800 110 941.
Got a question?