Overview

The Perpetual Credit Income Trust (the Trust) offers investors a new way to access what is expected to be an attractive and reliable monthly income stream through a diversified exposure to domestic and global credit and fixed income assets. The Trust is also a unique opportunity to invest with one of Australia’s leading active credit fund managers.

The Trust invests in a portfolio of credit and fixed income assets diversified by country, asset type, credit quality, loan maturity and issuer. It is expected that the Trust will have a portfolio of approximately 50 to 100 assets. The Trust’s flexible investment strategy means the portfolio manager can actively move within this broad range of assets to adapt to changing market conditions. Due to Perpetual’s size and market position the Trust can offer investors access to credit and fixed income assets not typically available to individual investors.



Key facts

Trust Name

Perpetual Credit Income Trust

Proposed ASX code

PCI

  Investment Manager

 Perpetual Investment Management Limited

Responsible Entity

Perpetual Trust Services Limited

Portfolio Manager

Michael Korber

Investment Objective

To provide investors with monthly income by investing in a diversified pool of credit and fixed income assets.

Number of holdings

Typically 50-100

Target return*

To target a total return of RBA Cash Rate plus 3.25% p.a. (net of fees) through the economic cycle. 

Distributions

Aims to provide monthly distributions

Estimated Management costs

0.88%

Performance Fee

None

Establishment Costs 

Paid in full by Perpetual Investment Management Limited



* This is a target only and may not be achieved.

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A NEW WAY FOR YOU TO MEET YOUR INCOME NEEDS

Perpetual Investments’ Michael Korber says Australians are underinvested in fixed income assets when it comes to the defensive part of their portfolios. Here he talks about the new Perpetual Credit Income Trust - a new way to access credit and fixed income assets.


Perpetual’s experienced investment professionals

The Trust is managed by one of Australia’s leading investment managers, Perpetual Investments. Perpetual Investments has more than $27.7 billion in funds under management as at 31 December 2018 and is part of the Perpetual Group, which has been in operation for over 130 years. The Manager’s investment philosophy seeks to deliver predictable and repeatable returns while preserving capital through an active and risk aware investment process. Michael Korber, Head of Credit and Fixed Income, will manage the portfolio with the support of Anne Moal and a specialist team, who currently have over $7.1 billion in funds under management in credit and fixed income (at 31 December 2018). The senior portfolio managers of the Perpetual Credit and Fixed Income team have been investing together at Perpetual for over a decade.




Resources


Looking for brochures, educational information, independent research reports and other investment resources?
If you are an individual investor or financial adviser, find the resources you need on our Resources page.


CONTACT US

Call 1300 778 468 (within Australia)
or +61(2) 9299 9621 (from overseas)
between 8.30am and 7.00pm (Sydney time)
Monday to Friday
Investor email support: perpetual@automicgroup.com.au

 

If you are uncertain as to whether an investment in the Trust is suitable for you, please contact your stockbroker, financial adviser, accountant, lawyer or other professional adviser. 

The information on this website has been prepared by Perpetual Investment Management Limited ABN 18 000 866 535, AFSL 234426 (PIML) and issued by Perpetual Trust Services Limited ABN 48 000 142 049, AFSL 236648 (PTSL), which is also the responsible entity and the proposed issuer of units in the Perpetual Credit Income Trust (the Trust). 

The information contained in this website is general information only, is not financial advice, and has been prepared without taking into account your objectives, financial situation or needs.  You should consider the product disclosure statement of the Trust dated 8 March 2019 prior to making any investment decisions in relation to the Trust.  If you require financial advice that takes into account your personal objectives, financial situation or needs you should consult your licensed or authorised financial adviser. 

Neither PIML nor PTSL guarantees the repayment of capital or any particular rate of return from the Trust.  Neither PIML nor PTSL gives any representation or warranty as to the currency, reliability, completeness or accuracy of the information contained on this website.  To the extent permitted by law, no liability is accepted for any loss or damage as a result of any reliance on this information. Past performance is not a reliable indicator of future performance.