InvestSMART

Perennial Better Future Trust - Managed Fund

Fund Objective
To outperform the benchmark over the long term after fees and expenses, by investing in a diversified portfolio of mainly smaller and mid-cap companies that are Better Future Investments.
Fund Strategy
The Trust invests in a range of Australian and New Zealand listed (and unlisted) companies predominantly comprised of smaller and mid-cap stocks which Perennial, the investment manager, believes are Better Future Investments. The portfolio will hold in the range of 25 to 70 stocks. The Trust is authorised to invest up to 10% 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.

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 -0.54% 4.99% 9.07% 0.11% 5.42% 6.07% 4.33% -%
Growth return -0.54% 4.99% 6% -2.7% 3.49% 4.47% 1.86% -%
Income return 0% 0% 3.07% 2.81% 1.93% 1.6% 2.47% -%
Market index (S&P/ASX Small Ordinaries TR AUD)
Total return 3.44% 15.31% 25.25% 21.5% 20.14% 15.54% 9.27% 9.62%
As at 30 Sep 2025. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Perennial Better Future Trust
Australian Equities
92.69%
Cash
7.31%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
91.18%
Cash
3.98%
International Equities
3.90%
Property & Infrastructure
0.34%
Fixed Interest
0%
Alternatives
0.60%

General Information

Fund Details
Type Description
Perennial Better Future Trust
WPC5600AU
Equity Australia Mid/Small Blend
star (as at 31 Aug 2025)
Investment Fund
1 Feb 2018
$58.02 million (as at 30 Sep 2025)
$1.2862 (as at 7 Oct 2025)
$1.2786 (as at 7 Oct 2025)
Open
Offer information
Type Description
MER 1.20% (as at 28 Oct 2023)
Indirect Cost Ratio (ICR) 2.01% (as at 30 Jun 2024)
Performance fee (not included in ICR) 0.81
Minimum initial investment $25,000
Minimum additional investments $5,000.00

Top 10 holdings (as at 31 Mar 2025)

Holding (as at 31 Mar 2025) Type % of Portfolio
Meridian Energy Ltd Equity 5.85%
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FAQs about the Perennial Better Future Trust

The objective of the Perennial Better Future Trust managed fund is To outperform the benchmark over the long term after fees and expenses, by investing in a diversified portfolio of mainly smaller and mid-cap companies that are Better Future Investments.

The strategy of the Perennial Better Future Trust managed fund is The Trust invests in a range of Australian and New Zealand listed (and unlisted) companies predominantly comprised of smaller and mid-cap stocks which Perennial, the investment manager, believes are Better Future Investments. The portfolio will hold in the range of 25 to 70 stocks. The Trust is authorised to invest up to 10% 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.

The APIR code of the Perennial Better Future Trust managed fund is WPC5600AU.

Perennial Better Future Trust’s total return last month was -0.54%. This was made up of a growth return of -0.54% and an income return of 0%. These returns were calculated as at 30 Sep 2025.

Perennial Better Future Trust’s total return for the last three months was 4.99%. This was made up of a growth return of 4.99% and an income return of 0%%. These returns were calculated as at 30 Sep 2025.

Perennial Better Future Trust’s one-year total return is 0.11%. This was made up of a growth return of -2.7% and an income return of 2.81%. These returns were calculated as at 30 Sep 2025.

Perennial Better Future Trust’s one-year total return is 6.07%. This was made up of a growth return of 4.47% and an income return of 1.6%. These returns were calculated as at 30 Sep 2025.

The asset allocation of the Perennial Better Future Trust managed fund is :

Australian Equities
92.69%
Cash
7.31%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%

The Perennial Better Future Trust managed fund belongs to the Equity Australia Mid/Small Blend sector/asset class.

As at 30 Sep 2025, the size of the Perennial Better Future Trust managed fund was $58.02 million.

The Perennial Better Future Trust managed fund has an inception date of 1 Feb 2018.

The current entry price of the Perennial Better Future Trust managed fund is $1.2862 per unit and the current exit price is $1.2786 per unit (as at 7 Oct 2025).

The current exit price of the Perennial Better Future Trust managed fund is $1.2786 per unit and the current entry price is $1.2862 per unit (as at 7 Oct 2025).

The minimum initial investment amount for the Perennial Better Future Trust managed fund is $25,000. Minimum additional investment is $5000.

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.