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
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Tax-effective income stream
Targeted stock selection focuses on owning quality stocks that deliver tax-effective income and some capital gains.
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Long-term income
Shares that generate tax-effective income can be an effective tool for generating long-term income growth.
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In-depth research
Perpetual’s team of analysts is one of the largest in the market, helping portfolio managers to balance income, growth and quality considerations.
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Proven process
Perpetual has been using a value investing process for over 50 years.
Perpetual Wholesale Income Share Fund
Pricing & Performance
Performance as at 30/04/2022
Returns as at 30/04/2022
| Growth % | Distribution % | Total % | |
|---|---|---|---|
| 1 month | -0.73 | -- | -0.73 |
| 3 month | 5.15 | 1.54 | 6.70 |
| 6 month | 2.48 | 2.85 | 5.33 |
| 1 year | 6.36 | 5.31 | 11.66 |
| 3 year | 4.76 | 3.87 | 8.63 |
| 5 year | 0.85 | 5.66 | 6.51 |
| 10 year | 2.94 | 7.36 | 10.30 |
Distributions
| Frequency | Quarterly |
| Cents per Unit | 2.040 |
| Reinvestment Price | 1.392 |
Fund Commencement Date
| May 2014 |
Fund Profile
Target Market Determination (TMD)
Details & Fees
About this fund
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Fund Manager
Perpetual Investment Management Limited
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Asset Class
Australian shares
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Suggested Length
5 years or longer
Investment Objective
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. To provide above market dividend yield as measured by the S&P/ASX 200 Accumulation Index.
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.
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 | Nil |
| Minimum Additional Investment | $2,000 |
Fees
| Entry | 0 |
| Exit | 0 |
| Management Fee (p.a.) | 0.99%. Refer to PDS for Management Costs. |
| Buy / Sell Spread | 0.12% / 0.12% |
Investment Guidelines
| Cash | 0 - 20% |
| Australian shares and fixed income securities | 80 - 100% |
Distribution
| Quarterly |
| March 31, June 30, September 30, December 31 |
How to Invest
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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
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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
Mailing and application details address
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.
Downloads
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If you are an institutional investor
Please contact one of our institutional relationship managers or phone 1800 110 941.
Got a question?
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Nathan Hughes
Portfolio Manager
Ethical Share, Income Share, AnalystBCom, CFAYears of experience: 17
Years at Perpetual: 11Nathan is the Portfolio Manager for the Ethical SRI Fund and Income Share Funds, and an analyst.
Nathan joined Perpetual in September 2010 as a Research Analyst, before spending almost two years on the dealing desk at Perpetual working on all Australian Equity strategies as an Equities Dealer. Nathan was then appointed to the role of Equities Analyst covering small cap stocks in 2013. He was promoted to Deputy Portfolio Manager in May 2016, and took on responsibility for managing 50% of the Smaller Companies strategy in 2017.
Prior to joining Perpetual, Nathan spent 6 years in a Chartered Accountancy firm where he was responsible for the affairs of a diverse range of clients, including regular taxation compliance, financial reporting, Self-Managed Superannuation Fund audits and business advisory services.
Nathan holds a Bachelor of Commerce from the University of Wollongong and holds a Chartered Financial Analyst (CFA) designation.
