PERPETUAL ETHICAL SRI FUND

The Perpetual Ethical SRI Fund aims to provide long-term capital growth and regular income through investment in quality shares of ethical and 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 (5% or more) of their revenue from the manufacture or sale of generally ethically unacceptable products and services such as the following:

  • alcohol
  • gambling
  • tobacco*
  • uranium and nuclear
  • armaments (including weapons)*
  • fossil fuels (upstream)
  • genetic engineering
  • pornography
  • animal cruelty (cosmetic testing)
*For involvement in highly controversial activities (production of tobacco, tobacco-based products and the development and production of controversial weapons) a 0% revenue threshold is applied

Companies are also subject to social responsible investment (SRI) screening to evaluate how their practices impact society and the environment.

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).

Full Holdings Disclosure


Features and Benefits

  • A fund for ethical investors

    The Fund is designed to meet the needs of investors who want to invest in companies that satisfy a range of social, environmental and ethical considerations.

  • Screening Process

    An ethical and socially responsible investment screening process seeks to identify quality companies that have satisfied our range of ethical, environmental and socially responsible investment criteria.

  • Outstanding Track Record

    The Fund has delivered strong returns over the long-term and has outperformed the broader market – an indication that investing in ethical and sustainable companies may not necessarily compromise investment returns.

  • Flexibility to seek broader opportunities

    The Fund can invest in a broad range of companies, including companies not held in the S&P/ASX300 Index. The ability to invest in smaller companies provides the Fund with another potential source of returns.

OUR ETHICAL SRI SCREENING PROCESS

Perpetual’s Ethical SRI strategy uses the same investment process as the broad Australian equities strategies. However, there is an additional screening process undertaken to develop the investable universe for this strategy, and it requires specialist research.

Fund Resources

Investments

Cyclical stocks boost ethical fund

The Perpetual Wholesale Ethical SRI Fund returned 42.5% for FY21 thanks to new investment opportunities thrown up by market volatility. Portfolio Manager Nathan Hughes shares his insights.

Ethical SRI Fund

Portfolio manager Nathan Hughes looks at the opportunities he sees for the fund over the next year.

The Portfolio IMPACT Measurement Report

The Portfolio Impact Measurement Report looks at the environmental, social and governance (ESG) attributes of Perpetual's Ethical SRI Fund. It contains information on the fund’s carbon footprint, fund contribution towards positive environmental and social goals, as well as ESG metrics and ratings. The Q&A provides useful background on the report.

Download Report

Download Q & A

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 Ethical SRI Fund

Pricing & Performance

Performance as at 31/08/2021

Returns as at 31/08/2021

  Growth % Distribution % Total %
1 month 3.60 -- 3.60
3 month 3.12 2.96 6.07
6 month 12.43 3.22 15.65
1 year 36.39 4.76 41.15
3 year 5.34 3.98 9.32
5 year 2.80 5.19 7.99
10 year 6.26 6.62 12.88

Unit Prices as at 24/09/2021

Entry
2.331
Exit
2.324
View price history

Distributions

Frequency Half Yearly
Cents per Unit 0.000
Reinvestment Price 1.000
View distributions history

Fund Commencement Date

April 2002

Target Market Determination (TMD)

Details & Fees

About this fund

  • Fund Manager

    Perpetual Investment Management Limited

  • Asset Class

    Australian shares

  • Suggested Length

    5 years or longer

Investment Objective

Aims to: provide long-term capital growth and regular income through investment predominantly in quality shares of Australian ethical and socially responsible companies; 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
- recurring earnings.
In addition to the above investment approach, Perpetual utilises a strategy for screening ethical and socially responsible investments (see "Environmental, social,governance and ethical factors" -in the Perpetual Wholesale PDS).
The Fund may have up to 20% exposure to investments in international shares.
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.) 1.175%. 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

  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 for Perpetual Wholesale Funds

    Continuous disclosure and updates for Perpetual Pure Series Funds

    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. 
     

    Online Application


    Apply for Perpetual Wholesale funds

     

    Apply for Perpetual Pure series funds


     

    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.

  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/or 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. The product disclosure statements and target market determinations for the Funds are available on this website.

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.

Have any questions?

Call your Perpetual Business Development Manager on 1800 062 728.

The Perpetual Wholesale Industrial Share Fund, Australian Equities strategy received a Morningstar Analyst RatingTM of ‘Bronze’ as of 15-09-2021.

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