The Perpetual Ethical SRI Fund aims to provide long-term capital growth and regular income by investing in shares of socially responsible companies.
The Fund seeks to meet the needs of investors who seek attractive long-term returns by investing in companies that match their own personal social, environmental and ethical preferences.
The Fund will not invest in companies that derive a material proportion of their revenue from the manufacture or sale of alcohol or tobacco; the operation of gambling facilities; coal seam gas or uranium extraction; or the manufacture of weapons or armaments. Companies are also subject to social responsible investment (SRI) screening to evaluate how their practices impact society and the environment including fossil fuels.
At the same time, the Fund offers investors all the benefits of Perpetual’s proven investment philosophy and approach. We only invest in a company when we believe its share price is attractive relative to its return potential. Perpetual seeks to hold positions for the long term, provided that the quality of the business remains unchanged and the price remains attractive.
Perpetual is a signatory to the United Nations-supported Principles for Responsible Investment (PRI).
A fund for ethical investors
Outstanding Track Record
Flexibility to seek broader opportunities
OUR ETHICAL SRI INVESTMENT APPROACH
The Fund uses Perpetual's proven investment approach to identify quality companies that are undervalued. Additional layers of scrutiny are applied through a strict ethical and SRI screening process. The Fund's investment process is described in our investment brochure.
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
Performance as at 30/04/2018
Returns as at 30/04/2018
|Growth %||Distribution %||Total %|
About this fund
Perpetual Investment Management Limited
5 years or longer
Aims to: provide long-term capital growth and regular income through investment in quality shares of socially responsible companies; 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
- in the case of industrial shares, recurring earnings.
In addition to the above investment approach, Perpetual utilises a strategy for screening ethical and socially responsible investments (see 'Environmental, social and ethical factors and labour standards - Perpetual Wholesale Ethical SRI Fund' in the Perpetual Wholesale PDS).
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.)||1.175%. Refer to PDS for Management Costs. *|
|Buy / Sell Spread||0.15% / 0.15%|
|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 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.|
|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.
If you are an institutional investor
Please contact one of our institutional relationship managers or phone 1800 110 941.
Years of experience: 18
Years at Perpetual: 16
Jack is the Portfolio Manager - Ethical Shares, Pure Microcap, Pure Value, Smaller Companies (50%) and an Analyst.
Jack joined Perpetual in November 2001 as an Investment Administrator and Equity Dealer. After four years he moved into an Analyst role, focusing on small cap industrial companies. Jack took on portfolio management responsibilities in June 2010.
Prior to joining Perpetual, Jack gained two years industry experience working in London as an Equities Dealer and Investment Administrator at both Salomon Smith Barney and Goldman Sachs Asset Management.
Jack has a Bachelor of Economics from the University of Sydney.
Years of experience: 34 (12+ years in investment industry and 20 years in corporate life)
Years at Perpetual: 15
Maryanne is the Deputy Portfolio Manager - Ethical Shares and an Analyst, covering mainly large and small cap companies in the industrials, consumer staples, and consumer discretionary sectors.
Maryanne joined Perpetual Investments in February 2003 as an Analyst, bringing a wealth of experience from almost 20 years in a variety of corporate roles. This background has provided Maryanne with unique insight when analysing companies in her current role.
Maryanne’s corporate experience in mainly small to medium businesses included positions such as Chief Executive Officer and Chief Financial Officer, involving functions across auditing, accounting, strategy, management and general consulting. Among the companies that she worked at were Daniel Chen Group, Young Barnsdall & Joye which spanned retail fashion, manufacturing and accounting services industries.
Maryanne has a Bachelor of Business from the University of Technology, Sydney.