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  5. Perpetual WealthFocus Investment Advantage - Lazard Global Listed Infrastructure - Managed fund profile

Perpetual WealthFocus Investment Advantage - Lazard Global Listed Infrastructure - Managed Fund

Fund Objective
The fund aims to achieve total returns (comprising income and capital appreciation and before the deduction of fees and taxes) that outperform inflation, as measured by the Australian Comsumer Price Index, by 5% pa over rolling five-year periods.
Fund Strategy
Lazard is a valuation manager, embracing fundamental analysis to support a bottom up stock selection style. Lazardi-s approach to stock selection is based on identifying companies that are trading at a discount relative to Lazardi-s assessment of their intrinsic value. The more attractive shares in Lazardi-s preferred infrastructure universe generally populate the portfolio, taking into account portfolio construction guidelines.

Fund Performance Comparison

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Fees Comparison

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NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.
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Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 2.37% 3.5% 13.96% 8.95% 4.15% 8.69% 5.97% 8.46%
Growth return 2.37% 3.5% 13.09% 1.29% -2.44% 2.73% 0.61% -2.46%
Income return 0% 0% 0.87% 7.66% 6.59% 5.96% 5.36% 10.92%
Market index (FTSE Dvlp Core Infra 50/50 NR Hdg AUD)
Total return 3.65% 1.96% 10.88% 1.2% -2.85% 3.04% 2.8% 6.77%
As at 31 Mar 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Perpetual WealthFocus Investment Advantage - Lazard Global Listed Infrastructure
Australian Equities
5.03%
International Equities
93.07%
Cash
1.90%
Property
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
4.52%
International Equities
88.68%
Cash
1.46%
Property
2.57%
Alternatives
2.77%

General Information

Fund Details
Type Description
Perpetual WealthFocus Investment Advantage - Lazard Global Listed Infrastructure
Perpetual Investment Management Ltd
PER0484AU
Equity Global Infrastructure - Currency Hedged
starstarstarstar (as at 31 Mar 2024)
Investment Fund
10 Nov 2008
$30.05 million (as at 31 Dec 2023)
$1.33643 (as at 17 Apr 2024)
$1.32978 (as at 17 Apr 2024)
Open
Offer information
Type Description
Indirect Cost Ratio (ICR) 1.13% (as at 30 Jun 2023)
Performance fee (not included in ICR) 0
Minimum initial investment $2,000.00
Minimum additional investments $1,000.00
Minimum redemption amount $1,000.00

Top 10 holdings (as at 31 Mar 2024)

Holding (as at 31 Mar 2024) Type % of Portfolio
National Grid PLC Equity 8.34%
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FAQs about the Perpetual WealthFocus Investment Advantage - Lazard Global Listed Infrastructure

The objective of the Perpetual WealthFocus Investment Advantage - Lazard Global Listed Infrastructure managed fund is The fund aims to achieve total returns (comprising income and capital appreciation and before the deduction of fees and taxes) that outperform inflation, as measured by the Australian Comsumer Price Index, by 5% pa over rolling five-year periods.

The strategy of the Perpetual WealthFocus Investment Advantage - Lazard Global Listed Infrastructure managed fund is Lazard is a valuation manager, embracing fundamental analysis to support a bottom up stock selection style. Lazardi-s approach to stock selection is based on identifying companies that are trading at a discount relative to Lazardi-s assessment of their intrinsic value. The more attractive shares in Lazardi-s preferred infrastructure universe generally populate the portfolio, taking into account portfolio construction guidelines.

The APIR code of the Perpetual WealthFocus Investment Advantage - Lazard Global Listed Infrastructure managed fund is PER0484AU.

Perpetual WealthFocus Investment Advantage - Lazard Global Listed Infrastructure’s total return last month was 2.37%. This was made up of a growth return of 2.37% and an income return of 0%. These returns were calculated as at 31 Mar 2024.

Perpetual WealthFocus Investment Advantage - Lazard Global Listed Infrastructure’s total return for the last three months was 3.5%. This was made up of a growth return of 3.5% and an income return of 0%%. These returns were calculated as at 31 Mar 2024.

Perpetual WealthFocus Investment Advantage - Lazard Global Listed Infrastructure’s one-year total return is 8.95%. This was made up of a growth return of 1.29% and an income return of 7.66%. These returns were calculated as at 31 Mar 2024.

Perpetual WealthFocus Investment Advantage - Lazard Global Listed Infrastructure’s one-year total return is 8.69%. This was made up of a growth return of 2.73% and an income return of 5.96%. These returns were calculated as at 31 Mar 2024.

The asset allocation of the Perpetual WealthFocus Investment Advantage - Lazard Global Listed Infrastructure managed fund is :

Australian Equities
5.03%
International Equities
93.07%
Cash
1.90%
Property
0%
Alternatives
0%

The Responsible Entity for the Perpetual WealthFocus Investment Advantage - Lazard Global Listed Infrastructure managed fund is Perpetual Investment Management Ltd.

The Perpetual WealthFocus Investment Advantage - Lazard Global Listed Infrastructure managed fund belongs to the Equity Global Infrastructure - Currency Hedged sector/asset class.

As at 31 Dec 2023, the size of the Perpetual WealthFocus Investment Advantage - Lazard Global Listed Infrastructure managed fund was $30.05 million.

The Perpetual WealthFocus Investment Advantage - Lazard Global Listed Infrastructure managed fund has an inception date of 10 Nov 2008.

The current entry price of the Perpetual WealthFocus Investment Advantage - Lazard Global Listed Infrastructure managed fund is $1.33643 per unit and the current exit price is $1.32978 per unit (as at 17 Apr 2024).

The current exit price of the Perpetual WealthFocus Investment Advantage - Lazard Global Listed Infrastructure managed fund is $1.32978 per unit and the current entry price is $1.33643 per unit (as at 17 Apr 2024).

The minimum initial investment amount for the Perpetual WealthFocus Investment Advantage - Lazard Global Listed Infrastructure managed fund is $2,000. Minimum additional investment is $1000.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.