Wholesale Funds Updates
Product Disclosure
PRODUCT DISCLOSURE STATEMENT (PDS)
The following documents form part of the PDS:
Details of latest transaction costs and current buy/sell spreads for each Fund
Additional information about certain ‘complex’ funds
Perpetual Wholesale SHARE-PLUS Long-Short Fund
Perpetual Wholesale Diversified Real Return Fund
Updates to PDS
We may update the information in the PDS by issuing a supplementary PDS, which will be included with the PDS above (if applicable). We may update the PDS with changes that are not materially adverse via disclosure on our website. This information can be found in the section below. Any updates should be read together with the main PDS document above.
Other documents
Management costs for previous financial year ended 30 June 2018
Direct Debit Request Service Agreement
Online Account Access conditions of use
Full holdings disclosure for ‘ethical’ funds
Perpetual Wholesale Ethical SRI Fund
Perpetual Wholesale Ethical SRI Credit Fund
Continuous Disclosure and other important information
Updates and significant events
In this section, you can find updates to the PDS, significant events and continuous disclosure where we are required to provide you this information.
Any updates should be read together with the main PDS document above.
| NOTICE DATE | SUMMARY OF EVENT | IMPACT | FURTHER INFORMATION |
|---|---|---|---|
| 30 January 2019 |
The investment profile of the Wholesale Split Growth Fund will be updated from 1 March |
From 1 November 2018, there will be a change to the EDR scheme which unresolved complaints can be referred to. The asset allocation will be updated to: |
Not Applicable |
| 15 October 2018 |
Change to external dispute resolution (EDR) scheme |
From 1 November 2018, there will be a change to the EDR scheme which unresolved complaints can be referred to. |
|
| 17 September 2018 |
PDS Update: Transaction Cost document updated |
This incorporated document has been replaced with 30 June 2018 information now available. |
|
| 5 June 2018 |
Notice to New Zealand Investors |
The Perpetual Global Innovation Share Fund and Perpetual Ethical SRI Credit Fund are now available to New Zealand investors. |
|
| 1 June 2018 |
New PDS document issued |
Additional funds and unit class added. Updates to various disclosures and additional regulatory information added. Additional risks clarified. Amendments to the Fund profiles of particular funds. |
|
| 1 June 2018 |
Notice to New Zealand Investors |
The Perpetual Global Innovation Share Fund and Perpetual Ethical SRI Credit Fund are not available to New Zealand Investors. |
|
| 17 May 2018 |
Changes to Perpetual Wholesale Diversified Real Return Fund |
The constitution of the Fund has been amended to allow new unit classes established after 1 January 2018 to charge a performance fee. With effect from 1 June 2018 the marketing name of the Fund will change, a new unit class which charges a performance fee will be offered and there will be additional disclosure to comply with RG240. |
|
| 23 April 2018 |
Standard Risk Measure (SRM) |
The SRM for the Perpetual Wholesale Active Fixed Interest Fund and Perpetual Wholesale Global Share Fund Hedged has been amended. |
|
| 12 February 2018 |
Closure to New Investors |
Effective 12 February 2018, we have closed the Perpetual Wholesale SHARE-PLUS Long-Short Fund to new investors until further written notice. Existing investors can continue to make additional investments. |
|
| 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 |
| 12 December 2017 |
Closure to New Investors |
We will be closing the Perpetual Wholesale SHARE-PLUS Long-Short Fund to new investors on 12 February 2018 |
See attached flyer |
| 20 November 2017 |
Features Available |
Perpetual Wholesale Income Share Fund clients can now access Savings Plans and Switches between Funds in the Wholesale Funds PDS. |
Refer to the PDS for details about these features. |
| 23 October 2017 |
Supplementary PDS |
Perpetual Wholesale High Grade Treasury Fund has been added to the group of Funds offered in the PDS. Relevant tax-related disclosures have been updated following our election into the Attribution Managed Investment Trust (AMIT) regime for each Fund for the 2017/2018 and subsequent financial years. An updated application form has been provided to replace the original application form included in the PDS. |
See attached flyer |
| 23 October 2017 |
Notice to New Zealand investors |
The Perpetual Wholesale High Grade Treasury Fund is not available to New Zealand Investors. |
|
| 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. | |
| 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 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. | |
| 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 |
| 4 May 2017 | Notice to New Zealand investors | The Perpetual Wholesale Active Fixed Interest Fund is now available to New Zealand Investors. | |
| 1 May 2017 | New PDS document issued | Fees and costs disclosure for all investors Information on AMIT Regime for all investors Perpetual Wholesale Dynamic Fixed Income Fund management fee reduction. Amendments to the Fund profiles of particular funds. | See attached flyer |
| 31 March 2017 | Notice to New Zealand investors | The Perpetual Wholesale Active Fixed Interest Fund is not available to New Zealand Investors. | |
| 29 March 2017 | Buy/Sell spread Change | The Buy/Sell Spread for the Perpetual Wholesale Global Share Fund and Perpetual Wholesale Global Share Fund Hedged has been amended. | See attached flyer |
| 1 March 2017 | Standard Risk Measure (SRM) Changes | The SRM for a selection of Perpetual Funds has been amended | See attached flyer |
| 16 May 2016 | Fund Profile change and Investment guidelines change | The Fund profile and Investment guidelines for the Perpetual Wholesale Industrial Share Fund has changed. | See attached flyer |
| 12 May 2016 | Standard Risk Measure (SRM) | The SRM for the Perpetual Wholesale Diversified Growth Fund has been amended. | See attached flyer |
| 11 February 2016 | Buy/Sell spread Change | The Buy/Sell Spread for the Perpetual Wholesale Dynamic Fixed Income Fund has been amended. | See attached flyer |
| 30 September 2015 | Investment guidelines change | The Investment Guidelines have been amended for the Conservative Growth Fund. | See attached flyer |
| 1 April 2015 | Amendment to the legal name (Registered managed investment scheme) | The registered managed investment scheme name has changed for a selection of Perpetual Funds. | See attached flyer |
| 26 September 2014 | Change in benchmark names | Rebranding of relevant UBS indexes to Bloomberg Ausbond Bank Bill Index and Bloomberg AusBond Composite Index. | See attached flyer |
| 27 March 2014 | Investment guidelines change | The Fund’s Investment Guidelines have been modified for the Industrial Share Fund | See attached flyer |
30 APRIL 2017 DISTRIBUTION CALCULATIONS
Fund Distribution Calculations 30 April 2017