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Perpetual SHARE-PLUS Long-Short Fund - Class A

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About this Fund

Fund Detail

PDS https://informedinvestor.com.au/view/pds/100100-2023-12-15-02:52.pdf
FUND MANAGER Perpetual Investment Management
ASX Code
APIR PER0072AU
ASSET CLASS AUSTRALIAN EQUITIES
INVESTMENT STYLE The Fund invests in companies it believes will rise in value and takes short positions in companies it believes will fall in value.
INVESTMENT PROFILE

The Fund aims to provide long-term capital growth and income through investment in quality shares and taking short positions
predominantly in selected Australian shares

CURRENCY MANAGEMENT Unhedged
INCEPTION DATE 01-03-2003
BENCHMARK S&P/ASX 300 Accumulation Index
FUND SIZE S&P/ASX 300 Accumulation Index
DISTRIBUTION FREQUENCY Half-yearly
NO. OF HOLDINGS
FEES 1.39% p.a. (NAV)
STRUCTURE

Benefits

Benefits

Benefits of Investing with Perpetual Investment Funds

Perpetual Investment Funds are a suite of investment funds managed by Perpetual where you can choose to invest in:

  • a single asset class fund(s), including Australian shares, global shares and fixed income
  • a multi asset class fund(s) where we determine the allocation of investments between various asset classes.

This gives you the flexibility to structure an investment portfolio to best suit your needs.

RISK LEVEL
INVESTOR SUITABILITY

Risks

Title
Detail

Key Features

About the Fund

The Perpetual SHARE-PLUS Long-Short Fund aims to:

  • provide long-term capital growth and income through investment in quality shares and taking short positions predominantly in selected Australian shares, and

  • outperform the S&P/ASX 300 Accumulation Index (before fees and taxes) over rolling three-year periods.

Investment Approach

Perpetual researches companies of all sizes using consistent share selection criteria. Perpetual’s priority is to select those companies that represent the best investment quality and are appropriately priced. In determining investment quality, investments are carefully selected on the basis of four key investment criteria:

  • conservative debt levels
  • sound management
  • quality business and
  • recurring earnings.

 

In addition, Perpetual aims to take short positions predominantly in Australian shares that it believes will fall in value. The short positions are determined based on each stock’s expected returns and the investment constraints (designed to reduce the risks associated with taking short positions).


The Fund may have up to 20% exposure to investments in international shares where we believe there are opportunities
that may enhance returns.


The Fund may have up to 10% exposure to short positions in international shares. 

Derivatives may be used in managing the Fund.

Mandate

How We Invest Your Money

Investment guidelines

  • Australian Shares: 90-125%
  • Short positions: 0-25%
  • Australian Shares (net): 65-100%
  • Cash: 0-35%

 

The Fund may have up to 20% exposure to investments in international shares.

The Fund may have up to 10% exposure to short positions in international shares.

Derivatives may be used in managing the Fund.

Additional information about this complex Fund can be found on pp26-9 of the product's PDS.