Benefits of investing in the Perpetual Pure Microcap Fund

Investing in Perpetual Pure Microcap Fund provides investors with the following benefits:

• a professionally managed portfolio using Perpetual's bottom up stock selection process

• the potential for long-term capital growth via investment in under-researched microcap stocks, which are typically mispriced and undervalued.

Risk level

Very High (SRM 7)

About the Fund

Perpetual Pure Microcap Fund aims to provide investors with long term capital growth via an investment in a portfolio of quality Australian microcap companies, which are defined as companies with a market capitalisation of less than $250 million on acquisition.

Investment Objective

Aims to provide investors with long term capital growth via an investment in a portfolio of quality Australian microcap companies. Microcap companies are defined as companies with a market capitalisation of less than $250 million on acquisition. Whilst the Fund has no formal benchmark, for reporting purposes the Fund is measured against the S&P/ASX Small Ordinaries Accumulation Index.

How we invest your money

Investment Approach

We aim to achieve the Fund's investment objective by:

• adopting a 'bottom-up' stock selection approach to investing, where the decision to buy or sell is based on fundamental quality and valuation

• constructing the portfolio within a framework that is benchmark independent in terms of stock and sector weights

• aiming to add value from the portfolio manager's high conviction approach to stock selection.

Derivatives may be used in managing the Fund.

Investment guidelines

• Australian shares: 70%-100%

• Cash: 0-30%