The Perpetual Global Share Fund is a hand-picked portfolio of between 20 to 40 high quality companies chosen for their long-term investment potential and attractive valuations. The fund employs the same disciplined quality and value investment approach used across Perpetual’s broader equities capability and it’s working.
True to Label
Best Ideas Portfolio
Positioned to Perform
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The Case for Global Shares
Our people and our process set us apart from other global fund managers. We apply our experience, insight, and skill to identify global companies with the greatest long-term potential. The Fund's investment process is described in our investment brochure.
How are we making money?
As an active, value manager, with a bottom-up investment process, our approach is to make active investment decisions based on the intensive analysis of an investment’s quality, value and risk. We do not attempt to predict where markets are heading – we simply aim to choose the best quality investments at prices that represent good value, based on their potential risks and returns.
So what does that mean? We are looking for high quality companies that have strong balance sheets, exceptional management teams and try to buy them at an opportune time when the market is mispricing the business for some reason.
Key Fund Positions
|Growing defensive business with longevity in earnings through strong brands|
High quality, strong free cash flow and dividends
|Diverse customer bases, strong cash flow|
Strong balance sheets
|$7bn of available cash on balance sheet|
Fast growing Asian companies
|Structural tailwinds in the service sector as the economy evolves|
Banks with low cost deposits
|Low price/book (P/B) and leverage to rising US interest rates|
|High barriers to entry, low capex, stable growing earnings|
Online digital advertising companies
|Structural shift in advertising expenditure as online becomes integral to daily lives|
WHY INVEST WITH US?
Remaining true to our core value management style has seen the fund invest in a variety of well run, high quality and attractively priced companies. This bottom up approach, together with a conservative attitude towards managing money has helped deliver outstanding investment returns.
GOING BEYOND MARKET RETURNS
Net returns after fees (%) to 31 December 20171
|1 month %pa||3 months %pa||6 months %pa||1 year %pa||2 years %pa||3 years %pa||5 years %pa|| Since Inception
|Perpetual Wholesale Global Share Fund - Class A||0.5||5.6||9.6||19.2||11.9||11.7||-||-|
|Perpetual Wholesale Global Share Fund - Class W||-||-||-||-||-||-||21.1||15.7|
|MSCI World Net Accum Index AUD$ Unhedged||-1.6||5.8||8.5||13.3||10.6||10.9||18.1||13.9|
Source: Perpetual. Performance is shown net of fees as to 31 December 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.
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