Perpetual Wholesale Global Share Fund

The Perpetual Global Share Fund is a hand-picked portfolio of 20-40 high quality companies chosen for their long-term investment potential and attractive valuations.

We constantly assess the world’s best investment ideas and seek to invest in companies that have the potential to deliver strong investment returns over the long term. The Fund employs the same disciplined, active, value-based investment approach used across Perpetual’s broader equities capability. Wherever it invests, the Fund seeks high quality companies with strong balance sheets, consistent earnings growth and strong free cash flow.

With around 98% of the world’s investment opportunities located outside of Australia, the Fund enables investors to access companies that operate in differing regions and in industries under represented in Australia.

Features and Benefits

  • Stock Picking Skills

  • Insights by experts

  • Best Ideas Portfolio

  • True To Label Value Investing

NET PERFORMANCE AS TO 30 SEPTEMBER 20171

1 month %pa 3 months %pa 6 months %pa 1 year %pa 2 years %pa 3 years %pa 5 years %pa
Perpetual Wholesale Global Share Fund - Class A 3.4 3.8 9.1 21.3 9.4 12.8 N/A
Perpetual Wholesale Global Share Fund - Class W N/A N/A N/A N/A N/A N/A
21.6
MSCI World Net Accum Index AUD$ Unhedged 3.4 2.5 6.0 15.2 8.5 11.7 17.4

Source: Perpetual. Performance is shown net of fees as to 30 September 2017.

Perpetual Investment Management Limited ABN 18 000 866 535 AFSL 234426 is the responsible entity of the Wholesale Global Share Fund. A Product Disclosure Statement is available by calling 1800 011 022. You should consider it before making a decision about whether to invest.

Class A of the Perpetual Wholesale Global Share Fund has been operating since August 2014. To give a longer term view of our performance in the Fund, the returns for Class W, which has been operating since January 2011, are shown. Class W has identical investments to Class A. We have adjusted the return of Class W to reflect the fees applicable to Class A (including a 1.10% Management Fee and 15% Performance Fee). The estimated Performance Fee accrued as at 27 August 2014 is not carried into actual performance calculations commencing 28 August 2014. Further details on the Performance Fee calculation is available in the Perpetual Global Share Fund Product Disclosure Statement offering ‘Class A units’. Past performance is not indicative of future performance.

The Case for Global Shares

Our people and our process set us apart from other global fund managers. We apply our experience, insight, and skill to identify global companies with the greatest long-term potential. The Fund's investment process is described in our investment brochure.

Global Share Fund- How we Invest

By investing overseas you can capture the growth potential of today’s global giants, like Apple and Samsung, or tap into the next generation of leaders.

Garry Laurence, Global Equities Portfolio Manager

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

Ways to Invest

So that we can provide you the most relevant information, please begin by selecting your investment type from the options below:

Perpetual Wholesale Global Share Fund

Pricing & Performance

Performance as at 30/09/2017

Returns as at 30/09/2017

  Growth % Distribution % Total %
1 month 3.44 -- 3.44
3 month 3.78 -- 3.78
6 month 4.33 4.79 9.11
1 year 15.94 5.32 21.26
3 year 9.12 3.71 12.83
5 year -- -- --
10 year -- -- --

Unit Prices as at 19/10/2017

Entry
1.348
Exit
1.341
View price history

Distributions

Frequency Half Yearly
Cents per Unit 5.912
Reinvestment Price 1.289
View distributions history

Fund Commencement Date

August 2014

Fund Profile

Details & Fees

About this fund

  • Fund Manager

    Perpetual Investment Management Limited

  • Asset Class

    International shares

  • Suggested Length

    7 years or longer

Investment Objective

Aims to: provide investors with long-term capital growth through investment in quality global shares; and outperform the MSCI World Net Total Return Index (AUD) (before fees and taxes) over rolling three year periods.

Investment Approach

Adopting a "bottom-up" stock selection approach to investing, where the decision to buy or sell is based on fundamental quality and valuation. The diversified portfolio is constructed within a framework that is independent of the benchmark in terms of stock and sector weights. Added value is expected to come from the Portfolio Manager's high conviction approach to stock selection.
Currency hedging can be used with the aim of protecting the value of the Fund's assets.
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 0
Exit 0
Management Cost (p.a.) 1.10%
Buy / Sell Spread 0.27% / 0.27%
Effective 1 March 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 including the Perpetual Wholesale Global Share Fund. This amount includes estimated indirect costs which are paid by the Fund, and are not a direct cost to you. It also includes a 0.00% estimated performance fee. 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. A performance fee of 15% of the difference between the Funds daily return and its performance hurdle (the MSCI World Net Total Return Index (AUD)) may be charged. Please refer to the Product Disclosure Statement for further information.

Investment Guidelines

Cash 0 - 25%
Global shares 75 - 100%

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.

    Review the Product Disclosure Statement (PDS) and related documents to ensure you understand how the fund works and the risks involved.

    Continuous disclosure and updates

    Find out more about Perpetual Wholesale Funds

  2. New and existing investors - Invest using Perpetual’s online application form

  3. New and existing investors - Invest through printed application form

     

    Send the completed application & documents to the address below.

    All forms, offer documents and PDS’s can be found in Forms, PDS's and Offer Documents page in our Resources section.

  4. Mailing and application details


    Send your completed application & identification documents to:

    Perpetual Wholesale Funds

    GPO Box 4171, Sydney NSW 2001


    Customer Identification Requirements

  5. 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.