Global shares provide diversification in an investment portfolio, as well as exposure to the world's best companies and industries under represented in Australia.
At Perpetual we invest in quality companies that we believe are trading at a discount to their inherent value and have the greatest long-term return potential. We seek high quality companies with strong balance sheets, consistent earnings growth and strong free cash flow. In addition, we assess the quality of a business by looking at a company's products, positioning and brands; its sources of competitive advantage; the barriers to entry in its market and any issues that that may influence the company's future performance.
> See all of our Global Shares funds
Increased investment opportunities
Invest in a wider range of industries
Benefit from growth in global brands
Access to company management
Our experienced global investment team has forged relationships with companies around the world. Perpetual’s success in managing Australian equities means that global companies visiting Australia actively seek us out. Similarly, we benefit from excellent access to companies during offshore visits.
Our global equity analysts are part of one of Australia’s largest and most awarded equity investment teams. The team share investment insights, assess key investment themes, and travel extensively to meet with company management.
Proven investment process
We apply our experience, insight and skill to find companies with the greatest long-term return potential but always remain focused on limiting the possibility of loss. Rather than mimicking an index, we believe in building global share portfolios that are concentrated on a select number of quality businesses.
At Perpetual our investment philosophy drives our investment decisions. Specific principles guide the way that we seek to identify opportunities and manage our global share portfolios:
- Our belief is that equity markets are only semi-efficient.
- As a result, we believe you can beat the returns available from the market (or a market benchmark) by identifying and investing in high quality companies trading at attractive prices.
- We identify these companies through our own fundamental, in-depth research.
- We are not biased to any particular sector or region but are instead focused on companies with a sustainable edge to their business models – it’s that edge, together with our attention on valuations that can deliver strong long-term returns.
- We believe high conviction portfolios, which focus on a smaller number of investments, can deliver long-term returns.
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 Global Share Fund
It takes conviction to deliver a true value global share fund.
The Perpetual Global Share Fund is a focused portfolio of 20-40 high quality companies; hand-picked for their long-term investment potential. When it comes to value investing, we not only have an active and proven approach, we possess the conviction to stick to it. It’s part of what makes us unique.
GOING BEYOND MARKET RETURNS
Net returns after fees (%) to 31 October 20171
|1 month %pa||3 months %pa||6 months %pa||1 year %pa||2 years %pa||3 years %pa||5 years %pa|
|Perpetual Wholesale Global Share Fund - Class A||2.4||7.4||8.1||24.2||7.5||13.8||N/A
|Perpetual Wholesale Global Share Fund - Class W||N/A||N/A||N/A||N/A||N/A||N/A
|MSCI World Net Accum Index AUD$ Unhedged||3.4||2.5||6.0||15.2||8.5||11.7||17.4|
Source: Perpetual. Performance is shown net of fees as to 30 October 2017. Perpetual Investment Management Limited ABN 18 000 866 535 AFSL 234426 is the responsible entity of the Wholesale Global Share Fund. A Product Disclosure Statement is available by calling 1800 011 022. You should consider it before making a decision about whether to invest. 1 Class A of the Perpetual Wholesale Global Share Fund has been operating since August 2014. To give a longer term view of our performance in the Fund, the returns for Class W, which has been operating since January 2011, are shown. Class W has identical investments to Class A. We have adjusted the return of Class W to reflect the fees applicable to Class A (including a 1.10% Management Fee and 15% Performance Fee). The estimated Performance Fee accrued as at 27 August 2014 is not carried into actual performance calculations commencing 28 August 2014. Further details on the Performance Fee calculation is available in the Perpetual Global Share Fund Product Disclosure Statement offering ‘Class A units’. Past performance is not indicative of future performance.
Years of experience: 14
Years at Perpetual: 9
Garry joined Perpetual in March 2008 as an Analyst and has covered a broad range of sectors. He now holds the title of Global Equities Portfolio Manager for Perpetual Investments and has been managing the Global Share Fund since its inception in January 2011. Prior to this, Garry was co-portfolio manager of an Asian fund from 2009-2011.
Prior to joining Perpetual, Garry had three years with PM Capital as an Analyst covering the financial sector for global and Australian strategies and one year with Commonwealth Securities as an Analyst. While studying Garry gained experience at Morgan Stanley and Meridian Equities as an Analyst. During this time he covered a broad range of sectors across large and small cap companies, including food and beverage, construction and resources.
Garry has a Bachelor of Commerce and a Bachelor of Laws from the University of New South Wales.
Years of experience: 24
(11 years in investment industry and 10 years in resources industry)
Years at Perpetual: 8
Andrew joined Perpetual in September 2008 as an Analyst focused on the global energy sector, specifically covering oil and gas, and service companies from around the world.
Prior to joining Perpetual, Andrew was the Senior Energy Analyst at Macquarie Securities (2004-2008) and the Senior Energy Analyst at JP Morgan (2002 -2004), after relocating from the UK.
Before becoming an equity analyst in Australia, Andrew worked in a variety of energy industry roles from 1991 to 2000. In his most recent role, Andrew spent five years with Global Energy Consultants, Wood Mackenzie (based in Edinburgh), focused on Latin America and West Africa. Andrew has a Bachelor of Science Geology (Honours) from Queen’s University Belfast and a Masters of Science in Petroleum Geology from University College Dublin.
Years of experience: 12
Years at Perpetual: 7
Rosemary is as an Analyst for the Global Equities strategy. Her primary focus is on Global Healthcare and Consumer companies.
Prior to joining Perpetual in January 2010, Rosemary spent 2 years at Platinum Asset Management, where she held the position of Analyst for the Platinum Asia Fund covering stocks across China and Hong Kong. Prior to this, Rosemary was an analyst at MMC Asset Management analysing small and mid-cap companies. She also held roles at the Reserve Bank of Australia and the Australian Prudential Regulation Authority (APRA).
Rosemary holds a Masters of Commerce (Actuarial studies) from University of New South Wales and a Bachelor of Commerce (First Class Honours) in Accounting and Finance from University of Western Australia.
Years of experience: 10
Years at Perpetual: 2
Andrew is an Analyst covering mainly global financial and industrial shares for the Global Equities strategy. Andrew joined Perpetual in August 2014.
Prior to joining Perpetual Andrew spent 8 years at Five Oceans Asset Management covering financials, industrial services and technology. He has also held roles as a management accountant with Zurich Financial Services and Thomson Reuters.
Andrew has a Bachelor of Commerce (Honours) from the University of Auckland.
Years of experience: 14
Years at Perpetual: 2
Thomas joined Perpetual Investments in June 2014 as an Analyst for the Global equities strategy. His primary focus is on global technology stocks.
Prior to joining Perpetual, Thomas spent 11 1/2 years at PM Capital, where he was most recently Portfolio Manager of the PM Capital Australian Opportunities Fund. Prior to this role he was an analyst covering the internet, retail, and healthcare sectors both domestically and globally.
Thomas holds a Bachelor of Commerce (First Class Honours) and a Bachelor of Economics from Monash University.
Years of experience: 11
Years at Perpetual: 1
Abbey Cook is a Global Equities Analyst at Perpetual Investments. In this role, she is responsible for covering global retail, media and staples companies.
Abbey joined Perpetual Investments in December 2015, having previously worked as a US-based consultant for Perpetual’s Global Equities strategy since September 2014.
Prior to this, she spent 4 years at Wavestone Capital as a Senior analyst, covering retail, media and gaming companies. Abbey’s first investor role was at VGI Partners where she covered global stocks as a generalist analyst, with a focus on retail, media and gaming. Abbey started her career in finance as a research analyst working at JP Morgan covering Emerging Companies.
Abbey holds a Master of Commerce (Economics) from the University of Sydney. She also holds a Bachelor of Commerce/Bachelor of Liberal Studies from the University of Sydney.
Years of experience: 5
Years at Perpetual: 5
Josh is an Analyst for the Global Equities strategy covering mainly global industrial shares and global chemical companies, with a focus on the agricultural industry.
Josh joined Perpetual Investments in February 2012 as a graduate, working in several divisions throughout Perpetual Investments. Josh joined the Equities division within Perpetual Investments in August 2013 before moving to his current role in September 2015.
Josh is a CFA Charterholder and has a Bachelor of Commerce from Macquarie University.