Perpetual Dynamic Fixed Income Fund

The Dynamic Fixed Income Fund is a diversified portfolio of quality fixed income investments. The Fund is an absolute return fund that seeks to provide investors with a regular income and consistent returns.

The Fund actively invests in fixed and floating rate, credit and government securities. We seek to take advantage of credit and interest rate opportunities and believe that this flexibility can help the Fund achieve stable returns.

The Fund has a strategic interest rate risk (duration) exposure. We seek to make tactical adjustments to duration risk to reflect our interest rate views. We believe that tactical shifts to duration tend to be most effective during periods of extreme market movement.

The Fund is actively managed by an experienced team that has invested together for over a decade, using an investment approach that seeks to identify quality credit investments while actively managing duration.

Latest Fund Profile

Get the latest performance information and portfolio commentary for the Perpetual Wholesale Dynamic Fixed Income Fund.

Features and Benefits

  • Actively managed credit risk

  • ACTIVELY MANAGED INTEREST RATE RISK

  • Good quality investments

  • RISK AWARE INVESTMENT APPROACH

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 Dynamic Fixed Income Fund

Pricing & Performance

Performance as at 30/04/2018

Returns as at 30/04/2018

  Growth % Distribution % Total %
1 month -0.01 -- -0.01
3 month -0.25 0.58 0.33
6 month -0.43 1.52 1.09
1 year -0.88 4.03 3.15
3 year -0.18 3.40 3.22
5 year -0.09 3.97 3.88
10 year -- -- --

Unit Prices as at 22/05/2018

Entry
1.025
Exit
1.023
View price history

Distributions

Frequency Quarterly
Cents per Unit 0.597
Reinvestment Price 1.025
View distributions history

Fund Commencement Date

November 2010

Fund Profile

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: Capital stability and regular income by investing in a diversified range of income generating assets. A positive return (before fees and taxes) irrespective of market conditions over a rolling three-year period.

Investment Approach

Perpetual aims to achieve the objective by:
-investing in both Australian and international fixed income assets.

-Actively managing the credit risk through:
-diversifying the fund among different securities issued by various borrowers
-actively managing for changes in market-wide and security-specific credit margins
-identifying and investing in relative value within the universe of credit securities

-Managing duration risk by considering a variety of factors, including valuations and current market conditions.

Currency hedges may be used from time to time.
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.) 0.55%. Refer to PDS for Management Costs. *
Buy / Sell Spread 0.1% / 0.1%
Effective 1 May 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 Wholesale Funds. This amount includes estimated indirect costs which are paid by the Fund, and are not a direct cost to you. The management fee you pay to Perpetual is now 0.55%. 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

Investment grade securities 0 - 100%
Sub-investment grade and non rated securities 0 - 25%

Distribution

Quarterly
March 31, June 30, September 30, December 31

How to Invest

  1. 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

    Find out more about Perpetual Wholesale Funds

  2. Making an investment

    Review the Product Disclosure Statement (PDS) and related documents to ensure you understand how the fund works and the risks involved. 
     
  3. If you are an institutional investor

     

    Please contact one of our institutional relationship managers or phone 1800 110 941. 

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.