Perpetual Global Share Fund

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:


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Perpetual Wholesale Global Share Fund

Pricing & Performance

Performance as at 31/08/2020

Returns as at 31/08/2020

  Growth % Distribution % Total %
1 month 0.27 -- 0.27
3 month -1.11 2.95 1.83
6 month -10.06 2.68 -7.38
1 year -4.80 2.95 -1.85
3 year -2.42 9.30 6.88
5 year -0.38 6.79 6.41
10 year -- -- --

Unit Prices as at 24/09/2020

Entry
1.191
Exit
1.188
View price history

Distributions

Frequency Half Yearly
Cents per Unit 3.534
Reinvestment Price 1.186
View distributions history

Fund Commencement Date

August 2014

Details & Fees

About this fund

  • Fund Manager

    Barrow, Hanley, Mewhinney & Strauss, LLC

  • 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

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.

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.) 1.1%. 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.

Investment Guidelines

Cash 0 - 5%
Global shares 95 - 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.

    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. 
     

    Online Application


     

    Send your completed application & identification documents to:

    Perpetual Wholesale 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.

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.