CONTINUOUS DISCLOSURE AND IMPORTANT INFORMATION
PRODUCT DISCLOSURE STATEMENT (PDS)
The Perpetual Pure Series Funds Product Disclosure Statement Issue Number 3 dated 1 November 2018 (PDS) contains detailed information about the Perpetual Pure Equity Alpha Fund, Perpetual Pure Microcap Fund and Perpetual Pure Value Share Fund including benefits, risks, fees and charges.
PRODUCT INFORMATION INCORPORATED BY REFERENCE
The PDS refers to other information relevant to the product (information which is ‘incorporated by reference’). This incorporated information below forms part of the PDS and should be read together with the main PDS document above.
We may update the PDS with changes that are not materially adverse via disclosure on our website. Any updates should be read together with the main PDS document above.
Perpetual PURE Equity Alpha fund
Approved counterparties for over-the-counter derivatives
The following counterparties are currently approved by Perpetual for any over-the-counter derivatives used in managing the Fund:
- Commonwealth Bank of Australia (CBA)
- National Australia Bank Limited (NAB)
- Australia and New Zealand Banking Group Limited (ANZ)
- Westpac Banking Corporation (Westpac)
- Macquarie Bank Limited (Macquarie)
- UBS AG (UBS)
- State Street Bank and Trust Company (State Street).
The following information does not form part of the PDS but is required by law to be disclosed.
|Notice date||Nature of change||Impact of change||Further information|
|1 November 2018||New PDS document issued||We have updated cost disclosure for 20 June 2018, clarified additional risks and updated details of our external dispute resolution (EDR) scheme.||
See attached flyer
|17 September 2018
||Management Costs - Figures for FY 2018||The Management Costs for the Funds, including estimated indirect costs, for the year ended 30 June 2018 is attached. This is additional information to help investors understand fees and costs on a year by year basis. This information does not update the PDS.||See attached flyer
|17 September 2018
||PDS Update: Transaction Cost document updated||This incorporated document has been replaced with 30 June 2018 information now available.||See attached flyer
|12 April 2018
||Update to Savings plan feature||We have extended the savings plan feature to the Pure Value Share Fund.||For Further details on this feature, please refer to page 18 of the PDS.
|20 December 2017
||Update to inquiries and complaints||We have updated our procedures to now be able to receive complaints relating to your investment irrespective of whether you invest directly with Perpetual or invest via a platform.||See attached flyer
|17 October 2017
||Acceptance of Applications
Perpetual Pure Value Share Fund is now accepting applications.
Perpetual Pure Equity Alpha Fund is now accepting applications.
Perpetual Pure Microcap Fund remains soft closed for new applications.
|Please contact us on 1800 022 033 for further information
|9 October 2017
||Management Costs - Figures for FY 2017
The Management Costs for the Funds, including estimated indirect costs, for the year ended 30 June 2017 is attached.
This is additional information to help investors understand fees and costs on a year by year basis.
This information does not update the PDS.
|See attached flyer
|9 October 2017
||PDS Update: Transaction Cost document updated
||This incorporated document has been replaced with 30 June 2017 information now available.
||See attached flyer
|29 September 2017
||AMIT Regime||Perpetual has elected into the Attribution Managed Investment Trust (AMIT) Regime for the year ending 30 June 2018 and subsequent years.|
|26 June 2017
||Changes to the Constitution of the Fund/s||Perpetual has made changes to the constitutions for our Funds to allow them to be operated as Attribution Managed Investment Trusts. These changes will apply only from the time an election is made by Perpetual to adopt the AMIT regime for the relevant Fund. We will provide notification on the website if/when this election occurs.|
|31 May 2017||Fund Distribution Calculations
The Fund Distribution calculations as at 30 April 2017. The actual distributions payable as at 30 June 2017 may vary significantly depending on a number of factors including fund performance in May and June 2017.
||See attached flyer|
|26 May 2017
||Proposed Changes to the Constitution of the Fund/s||Perpetual is proposing making changes to the constitutions for our Funds to allow them to be operated as Attribution Managed Investment Trusts.||See attached flyer