The Perpetual Global Share Fund aims to provide investors with long-term capital growth through investment in quality global shares.
Perpetual Investment Management Limited has appointed specialist investment manager Barrow, Hanley, Mewhinney & Strauss, LLC (‘Barrow Hanley’) to manage the Perpetual Wholesale Global Share Fund. Barrow Hanley is a diversified investment manager with funds under management of A$63.9 billion across 21 key strategies, as at 30 June 2020.
Barrow Hanley strives to achieve the Fund’s investment objectives by adopting a value-oriented, bottom-up investment process focused on in-depth fundamental research to identify companies that trade below their intrinsic value for reasons that they can identify, believe are temporary and have a clearly identified path to achieving fair value.
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 31/08/2020
Returns as at 31/08/2020
|Growth %||Distribution %||Total %|
About this fund
Barrow, Hanley, Mewhinney & Strauss, LLC
7 years or longer
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.
Barrow Hanley strives to achieve the Fund's investment objectives by adopting a value-oriented, bottom-up investment process focused on in-depth fundamental research to identify companies that trade below their intrinsic value for reasons that they can identify, believe are temporary and have a clearly identified path to achieving fair value.
Barrow Hanley aims to select the most attractive securities to construct a well diversified,high active share portfolio that provides asymmetrical returns by
participating in up markets while protecting in down markets.
The portfolio will exhibit a clear value bias and seek characteristics such as:
1) price/earnings ratios below the market,
2) price/book ratios below the market,
3) enterprise value/free cash flow ratios below the market and
4) dividend yields above the market.
The Fund will primarily invest in companies incorporated in developed
markets and may hold up to 20% of the portfolio in companies incorporated in emerging markets.
The portfolio has no direct tobacco stock exposure.
The currency exposure in the Fund is unhedged.
|Minimum Initial Investment||$25,000|
|With Savings Plan|
|Minimum Initial Investment||$25,000|
|Minimum Additional Investment||$2,000|
|Management Fee (p.a.)||1.1%. Refer to PDS for Management Costs.|
|Performance Fee (p.a.)||15% of outperformance*|
|Buy / Sell Spread||0.175% / 0.125%|
|*A performance fee of 15% of the difference between the Fund's 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.|
|Cash||0 - 5%|
|Global shares||95 - 100%|
|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.
Mailing and application details address
Send your completed application & identification documents to:
Perpetual Wholesale Funds
GPO Box 4171, Sydney NSW 2001
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.