Benefits of investing in the Perpetual Wholesale Plus Diversified Income Fund

Some of the benefits that may arise from an investment in the Fund include the following:

• Potential for long-term capital growth and income with broad market exposure.

• Active management by one of Australia's most experienced investment management teams.

The Perpetual Wholesale Plus Diversified Income Fund (the Fund) is likely to be appropriate for a consumer:
− seeking to achieve regular income and consistent returns  through investing in an actively managed, diversified core portfolio of liquid investment grade securities. 
− intending to access the Fund through an Investor Directed Portfolio Service (IDPS), IDPS-like scheme or a nominee or custody service, a managed account or any other service or platform approved by us (collectively referred to as an 'Investment Service') or through a superannuation fund. The Fund isn’t open to direct investors;
− intending to use the investment in the Fund as a major allocation, core component, minor or satellite allocation within a portfolio;
− who has an investment timeframe of at least 4 years;
− who has a 'Medium' risk/return profile; and
− seeking the ability to make daily withdrawal requests and for withdrawal proceeds to be paid typically within 10 Business Days to the consumer's Investment Service or superannuation fund under normal market conditions

About the Fund

The Fund will invest into the Wholesale units in the Perpetual Diversified Income Fund APIR PER0260AU (Underlying Fund), which is an actively managed, diversified portfolio of income generating assets.

How we invest your money

The Underlying Fund's approach to delivering returns and managing risk is through an active and risk aware investment process which invests in a diversified core portfolio of liquid investment grade securities. The Manager believes these assets provide investors with protection in times of market stress. When the environment is supportive the Manager seeks to enhance returns by taking more risk whether that be in maturity, credit rating, subordination or gearing. The Underlying Fund can also invest in alternative income generating securities such as mortgages, infrastructure debt and private debt. This approach to portfolio construction is the Manager's preferred method to deliver investors the highest possible risk-adjusted returns. Derivatives may be used in managing the Underlying Fund.

The asset allocation of the Underlying Fund is:

• Cash and investment grade securities*: 75-100%

• Sub-investment grade securities** and non-rated securities: 0-25%

• (includes mortgages and other private debt): 0-15%

• Gearing level (of the Underlying Fund's net asset value): 0-25%

*Investment grade is a term given to securities that have a high probability of payment of interest and repayment of principal.

**Sub-investment grade is a term given to securities where there is a higher risk that the issuer may not be able to meet interest payments or the repayment of principal if difficult conditions arise. The Underlying Fund typically invests in investment grade securities, but the Manager may increase its sub-investment grade exposure under favourable economic conditions. Sub-investment grade securities may include, but are not limited to, non-rated securities, hybrids, mortgages, mezzanine mortgages and private debt.