The Perpetual Global Share Fund Hedged is a hand-picked portfolio of high quality companies chosen for their long-term investment potential and attractive valuations. The Fund aims to minimise the effect of movements in the Australian dollar (AUD) by hedging the majority of the Fund’s foreign currency exposure back to the AUD.
We constantly assess the world’s best investment ideas and seek to invest in companies that have the potential to deliver strong investment returns over the long term. The Fund employs the same disciplined, active, value-based investment approach used across Perpetual’s broader equities capability. Wherever it invests, the Fund seeks high quality companies with strong balance sheets, consistent earnings growth and strong free cash flow.
With around 98% of the world’s investment opportunities located outside of Australia, the Fund enables investors to access companies that operate in differing regions and in industries under represented in Australia.
Features and Benefits
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True To Label Value Investing
Perpetual has a 50 year track record of true-to-label value investing.
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Stock Picking Skills
We use our experience, insights and skills to uncover the companies we believe have the greatest long-term potential while always focusing on the downside risk.
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Best Ideas Portfolio
A high conviction portfolio – which means we build a concentrated portfolio of our best ideas.
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Currency Exposure Is Hedged
We use hedging to minimise the impact of movements in the Australian dollar on investment returns.
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.
WHAT ARE THE RISKS?
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:
> Investment | > Superannuation | > Retirement
Perpetual Wholesale Global Share Fund Hedged
Pricing & Performance
Performance as at 29/02/2020
Returns as at 29/02/2020
| Growth % | Distribution % | Total % | |
|---|---|---|---|
| 1 month | -5.91 | -- | -5.91 |
| 3 month | -5.00 | -- | -5.00 |
| 6 month | 0.96 | -- | 0.96 |
| 1 year | -0.29 | -- | -0.29 |
| 3 year | -3.39 | 9.46 | 6.07 |
| 5 year | -- | -- | -- |
| 10 year | -- | -- | -- |
Distributions
| Frequency | Half Yearly |
| Cents per Unit | 0.000 |
| Reinvestment Price | 1.000 |
Fund Commencement Date
| February 2016 |
Fund Profile
Details & Fees
About this fund
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Fund Manager
Perpetual Investment Management Limited
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Asset Class
International shares
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Suggested Length
7 years or longer
Investment Objective
Aims to provide investors with long-term capital growth through investment in quality global shares and minimise the impact of movements in the AUD on investment returns by hedging the majority of foreign currency exposure back to the AUD.
Investment Approach
Adopting a "bottom- up" stock selection approach to investing, where the decision to buy or sell is based on fundamental quality and valuation. The diversified portfolio is constructed within a framework that is independent of the benchmark in terms of stock and sector weights. Added value is expected to come from the Portfolio Manager's high conviction approach to stock selection. The Fund will substantially hedge the currency exposure arising from investments in international shares back to the AUD.
Currency hedging is outsourced to a currency overlay manager to implement hedging strategies with the aim of reducing the impact of adverse currency movements.
Derivatives may be used in managing the Fund.
Investment Details
| Minimum Initial Investment | $25,000 |
| With Savings Plan | |
| Minimum Initial Investment | $25,000 |
| Monthly Minimum | $100 |
| Minimum Additional Investment | $2,000 |
Fees
| Entry | Nil |
| Exit | Nil |
| Management Fee (p.a.) | 1.10%. Refer to PDS for Management Costs. |
| Performance Fee (p.a.) | 15% of outperformance* |
| Buy / Sell Spread | 0.36% / 0.36% |
| *A performance fee of 15% of the difference between the Fund's daily return and its performance hurdle (the MSCI World Net Total Return Index fully hedged to the AUD) may be charged. Please refer to the Product Disclosure Statement for further information. | |
Investment Guidelines
| Cash | 0 - 30% |
| Global shares | 70 - 100% |
| Currency Hedging | 75 - 100% |
Distribution
| Half Yearly |
| June 30, December 31 |
How to Invest
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Perpetual Wholesale Funds feature Perpetual’s leading investment management capabilities. They are designed for individual and wholesale investors, and super fund trustees, with $25,000 or more to invest. You can also invest through investor directed portfolio services.
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Making an investment
Review the Product Disclosure Statement (PDS) and related documents to ensure you understand how the fund works and the risks involved.Online Application
Mailing and application details address
Send your completed application & identification documents to:
Perpetual Wholesale Funds
GPO Box 4171, Sydney NSW 2001
> Customer Identification Requirements
All forms, offer documents and PDS’s can be found in Forms, PDS's and Offer Documents page in our Resources section.
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If you are an institutional investor
Please contact one of our institutional relationship managers or phone 1800 110 941.
Got a question?