Perennial Value Microcap Opportunities Trust
|Perennial Value - What's driving small and micro cap valuations?|
About this Fund
|FUND MANAGER||Perennial Value Management|
|ASSET CLASS||AUSTRALIAN EQUITIES|
The Trust invests in a range of listed and unlisted companies predominantly comprised of small and microcap stocks which the Investment Manager believes have sustainable operations and robust business models or plans.
|INVESTMENT PROFILE||The Trust aims to provide a total return (after fees) that exceeds the Benchmark measured on a rolling three-year basis.|
|BENCHMARK||S&P/ASX Small Ordinaries Accumulation Index|
|FUND SIZE||S&P/ASX Small Ordinaries Accumulation Index|
|NO. OF HOLDINGS||30-70|
Benefits of investing in the Perennial Value Microcap Opportunities Trust
The Trust is an actively managed portfolio of Australian small and microcap listed and unlisted companies that Perennial Value believes have sustainable operations and whose share price offers good value. The significant benefits of investing in the Trust include:
Access to investment opportunities
Investing in the Trust means that your money is pooled with that of other investors. This provides the Trust with the investment buying power not often available to you as an individual investor with smaller amounts to invest. This means you can gain access to investment markets and risk management techniques that would not normally be accessible to individual retail investors.
Perennial Value's investment professionals manage the Trust using a disciplined investment approach aimed at delivering returns in excess of the relevant benchmark.
Right to distributions (if any)
Investing in the Trust means you may receive regular income from your investments in the Trust in the form of distributions. However, there may be times when distributions cannot be made, or are lower than expected or are delayed.
Easy access to your information
For the latest available information on the Trust, you can visit www.perennial.net.au, log on to Perennial Online, contact a Client Services Representative on 1300 730 032
(+612 8274 2777 New Zealand), email email@example.com or speak to your financial adviser.
Investors with an investment horizon of five years or more, who are seeking exposure to a portfolio of value oriented' companies listed (or soon to be listed) on the ASX and unlisted companies, who could be considered small or microcap stocks.
|RISK LEVEL||High risk of short-term capital loss compared to other investment types but with the potential to deliver higher investment returns over the minimum suggested timeframe.|
The Trust may be suitable for investors with an investment horizon of five (5) years or more, who are seeking
About the Trust
The Microcap Opportunities portfolio invests in a range of listed and unlisted companies predominantly comprised of small and microcap stocks which we believe have sustainable operations and whose share prices offer good value.
We aim to invest in companies outside the S&P/ASX Top 100 Index with a market capitalisation of less than $500 million. The cornerstone of this approach is a strong emphasis on company research. The aim is to develop a detailed understanding of each company before committing investors' funds. The portfolio will hold in the range of 30 to 70 stocks. Typically, the portfolio holds, on average, approximately 45 to 60 stocks.
We aim to grow the value of your investment over the long term by investing in a portfolio of Australian microcap companies that are either listed or unlisted companies found outside the S&P/ASX Top 100 Index, and to provide a total return (after fees) that exceeds the S&P/ASX Small Ordinaries Accumulation Index measured on a rolling three-year basis.
How we invest your money
The Trust invests in a range of listed and unlisted companies predominantly comprised of small and microcap stocks which Perennial Value believes have sustainable operations and robust business models or plans. The cornerstone of this approach is a strong emphasis on company research.
The aim is to develop a detailed understanding of each company before committing investors' funds.
The portfolio will hold in the range of 30 to 70 stocks. Typically, the portfolio holds, on average, approximately 45 stocks. The Trust is authorised to invest up to 20% in unlisted stocks and hold up to 20% in cash.
The Trust is authorised to utilise derivative instruments for risk management purposes, subject to the specific restriction that they cannot be used to gear portfolio exposure.
For reasons of investment efficiency, the Trust may gain its exposure by holding units in other Perennial Trusts and/or through direct investment holdings.
Asset classes and asset allocation ranges
The Trust aims to be fully invested at all times, with cash exposure not exceeding the limit for any length of time.