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Case study: Running for premature babies

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Running for Premature Babies is a charitable foundation with a vision for a better chance of survival and quality of life for premature babies. This funds equipment and research projects dedicated to advancing the care of premature babies. And it’s a charity that has a special partnership with Pendal and the wider Perpetual Group, and one that is close to the hearts of many of our people. The relationship started after a much-loved colleague and his wife began raising money for the Neonatal Intensive Care Unit (NICU) of the Royal Hospital for Women in Randwick after their own babies were born premature in 2006.

In 2016, BT Investment Management (BTIM) became the charity’s corporate partner, with Pendal and subsequently Perpetual continuing to support this special partnership today. In that time, the Running for Premature Babies' charity has grown from one that supported the NICU to now supporting hospitals Australia-wide. In FY24, Perpetual Group contributed $20,000 to the Foundation. The foundation has directly benefitted more than 9000 babies. In August, Perpetual people will run the City2Surf from the Sydney Central Business District to Bondi in support of the charity.

This information has been prepared by Perpetual Investment Management Limited (PIML) ABN 18 000 866 535, AFSL 234426. It is general information only and is not intended to provide you with financial advice or take into account your objectives, financial situation or needs. You should consider, with a financial adviser, whether the information is suitable for your circumstances. To the extent permitted by law, no liability is accepted for any loss or damage as a result of any reliance on this information. The information is believed to be accurate at the time of compilation and is provided in good faith. This document may contain information contributed by third parties. PIML does not warrant the accuracy or completeness of any information contributed by a third party. Forward looking statements and forecasts based on information available at the time of writing and may change without notice. No assurance is given that the forecast will prove to be accurate, as future events may impact actual results and these could differ materially from those anticipated. Any views expressed in this document are opinions of the author at the time of writing and do not constitute a recommendation to act.

The Product Disclosure Statement (PDS) for the relevant funds, issued by PIML, should be considered before deciding whether to acquire or hold units in the Fund. The PDS and Target Market Determination can be obtained by calling 1800 022 033 or visiting our website www.perpetual.com.au. No company in the Perpetual Group (Perpetual Limited ABN 86 000 431 827 and its subsidiaries) guarantees the performance of any fund or the return of an investor's capital. No allowance has been made for taxation and returns may differ due to different tax treatments. Past performance is not indicative of future performance.