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  5. Perennial Microcap Resources Trust - Managed fund profile

Perennial Microcap Resources Trust - Managed Fund

Fund Objective
The aim of the Trust is to generate a return (net of fees and costs) in excess of the Benchmark over the long term by investing in a portfolio of Australian small and microcap listed and unlisted companies operating in the business of commodity production, commodity investment or as a service provider to the industry of commodity production.
Fund Strategy
The Trust invests in a portfolio of Australian small and microcap listed and unlisted companies operating in the business of commodity production, commodity investment or as a service provider to the industry of commodity production. The cornerstone of this approach is a strong emphasis on company research. The aim is to develop a detailed understanding of each company before committing investors' funds.

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 4.26% 13.08% 35.82% 39% 31.79% 17.46% -% -%
Growth return 4.26% -3.46% 15.95% 18.67% 21.77% 11.43% -% -%
Income return 0% 16.54% 19.87% 20.33% 10.02% 6.03% -% -%
Market index (S&P/ASX 200 TR AUD)
Total return 3.1% 7.03% 11.65% 14.74% 14.82% 13.04% 12.32% 9.87%
As at 31 Aug 2025. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Perennial Microcap Resources Trust
Australian Equities
98.75%
Cash
1.25%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
93.73%
Cash
-0.80%
International Equities
4.83%
Property & Infrastructure
1.41%
Fixed Interest
0.26%
Alternatives
0.58%

General Information

Fund Details
Type Description
Perennial Microcap Resources Trust
WPC0911AU
Equity Australia Other
Not Rated
Investment Fund
31 Aug 2021
$34.9 million (as at 31 Aug 2025)
$1.4292 (as at 11 Sep 2025)
$1.4206 (as at 11 Sep 2025)
Open
Offer information
Type Description
MER 2.35% (as at 26 Nov 2024)
Indirect Cost Ratio (ICR) 2.35% (as at 30 Jun 2024)
Performance fee (not included in ICR) 1
Minimum initial investment $25,000
Minimum additional investments $5,000.00

Top 10 holdings (as at 31 Dec 2024)

Holding (as at 31 Dec 2024) Type % of Portfolio
Metro Mining Ltd Equity 7.87%
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FAQs about the Perennial Microcap Resources Trust

The objective of the Perennial Microcap Resources Trust managed fund is The aim of the Trust is to generate a return (net of fees and costs) in excess of the Benchmark over the long term by investing in a portfolio of Australian small and microcap listed and unlisted companies operating in the business of commodity production, commodity investment or as a service provider to the industry of commodity production.

The strategy of the Perennial Microcap Resources Trust managed fund is The Trust invests in a portfolio of Australian small and microcap listed and unlisted companies operating in the business of commodity production, commodity investment or as a service provider to the industry of commodity production. The cornerstone of this approach is a strong emphasis on company research. The aim is to develop a detailed understanding of each company before committing investors' funds.

The APIR code of the Perennial Microcap Resources Trust managed fund is WPC0911AU.

Perennial Microcap Resources Trust’s total return last month was 4.26%. This was made up of a growth return of 4.26% and an income return of 0%. These returns were calculated as at 31 Aug 2025.

Perennial Microcap Resources Trust’s total return for the last three months was 13.08%. This was made up of a growth return of -3.46% and an income return of 16.54%%. These returns were calculated as at 31 Aug 2025.

Perennial Microcap Resources Trust’s one-year total return is 39%. This was made up of a growth return of 18.67% and an income return of 20.33%. These returns were calculated as at 31 Aug 2025.

Perennial Microcap Resources Trust’s one-year total return is 17.46%. This was made up of a growth return of 11.43% and an income return of 6.03%. These returns were calculated as at 31 Aug 2025.

The asset allocation of the Perennial Microcap Resources Trust managed fund is :

Australian Equities
98.75%
Cash
1.25%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%

The Perennial Microcap Resources Trust managed fund belongs to the Equity Australia Other sector/asset class.

As at 31 Aug 2025, the size of the Perennial Microcap Resources Trust managed fund was $34.9 million.

The Perennial Microcap Resources Trust managed fund has an inception date of 31 Aug 2021.

The current entry price of the Perennial Microcap Resources Trust managed fund is $1.4292 per unit and the current exit price is $1.4206 per unit (as at 11 Sep 2025).

The current exit price of the Perennial Microcap Resources Trust managed fund is $1.4206 per unit and the current entry price is $1.4292 per unit (as at 11 Sep 2025).

The minimum initial investment amount for the Perennial Microcap Resources 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.