Perpetual Wholesale Income Share Fund

The Perpetual Income Share Fund offers exposure to a tax-effective income yield, as well as capital gains. The fund aims to produce dividend yields in excess of the S&P/ASX 200 Accumulation Index.

The Perpetual investing team has a long-term focus with quality filters based around sound management, conservative debt levels, recurring earnings and a quality business model.

Features and Benefits

  • Tax-effective income stream

  • Long-term income

  • In-depth research

  • Proven process

Perpetual Wholesale Income Share Fund

Pricing & Performance

Performance as at 30/11/2018

Returns as at 30/11/2018

  Growth % Distribution % Total %
1 month -2.07 -- -2.07
3 month -9.62 1.34 -8.28
6 month -10.59 5.89 -4.70
1 year -15.45 7.20 -8.25
3 year -2.70 7.28 4.58
5 year -2.15 9.74 7.59
10 year 1.41 7.75 9.16

Unit Prices as at 17/12/2018

Entry
1.117
Exit
1.114
View price history

Distributions

Frequency Quarterly
Cents per Unit 1.808
Reinvestment Price 1.218
View distributions history

Fund Commencement Date

October 1993

Details & Fees

About this fund

  • Fund Manager

    Perpetual Investment Management Limited

  • Asset Class

    Australian shares

  • Suggested Length

    5 years or longer

Investment Objective

The Fund aims to provide investors with: - exposure to a diversified portfolio of tax-effective high income yielding Australian securities that are also expected to produce some long-term capital growth - above market dividend yield as measured by the S&P/ASX 200 Accumulation Index and capital growth over the long term through investment in quality shares.

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
- in the case of industrial shares, recurring earnings.
Derivatives may be used in managing the Fund.

Perpetual was appointed as Fund Manager effective 28 July 2014. The previous Fund Manager invested under a different investment strategy using a different investment approach. Therefore performance information before 28 July 2014 is not directly comparable.

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.) 0.99%. Refer to PDS for Management Costs.
Buy / Sell Spread 0.15% / 0.15%

Investment Guidelines

Australian shares 90 - 100%
Cash 0 - 20%
Fixed income 0 - 100%

Distribution

Quarterly
March 31, June 30, September 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



    Paper Application Form

     

    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 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.