Detachment, focus and logic. Not exactly attributes that evoke excitement, yet at Perpetual they’re exactly what we apply to every decision we make across our wide range of investments. So rather than reacting to market hype, we focus on unearthing companies with conservative debt levels that represent quality and value, investing with true discipline to minimise downside and grow wealth. For as we all know, love is blind and market darlings can all too often disappoint.
We’ve been helping clients invest in Australia’s best industrial companies for 50 years. Our new eBook tours those five decades of change and shares the crucial investment lessons we’ve learned along the way.
JUNE 1977 - JUNE 2017
Perpetual Industrial Share Fund Vs Blended All Ordinaries Accumulation
At June 2017, $10,000 invested in the Perpetual Industrial Share Fund since June 1977 was worth $2,395,158.
Source: Perpetual. Return has been calculated June 1977 to 30 June 2017 for Perpetual’s WealthFocus Investments Industrial Share Fund, using the first audited figures available. Total returns have been calculated using exit prices after taking into account all of Perpetual’s ongoing fees and assuming reinvestment of distributions. No allowance has been made for contribution or withdrawal fees or taxation (except in the case of superannuation funds). Past performance is not indicative of future performance. The current benchmark for the Perpetual Industrial Share Fund is the S&P/ASX 300 Industrials Accumulation Index. As the Industrials Index series is not available prior to 1979, the S&P/ASX All Ordinaries Accumulation Index has been used for reference purposes.
Today many Australian Investors want to invest ethically, without being penalised by sub-optimal returns. We talk to Perpetual’s Nathan Parkin to find out how Perpetual meets the needs of ethical investors.
People make decisions based on emotion. In an investment context this often means risking capital to chase returns. Our fund managers avoid emotional investment decisions by following a systematic, objective and proven approach. Find out how they do it.
Bridges over troubled waters?
In a low-rate world the steady income generated by some infrastructure companies looks very attractive. Many of these companies have quality assets – but many are also deep in debt and there are questions over the sustainability of the distributions investor prize so highly. Anthony Aboud digs in a little deeper into infrastructure investing.
Mano a Mano - the value vs growth debate
For investment managers the great value vs growth debate is the equivalent of hand to hand combat. Here’s a look at Perpetual’s view on the great debate – and at some of the factors that have dominated share investors’ decision-making since the Global Financial Crisis (GFC).