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  5. Perpetual Credit Income - Managed fund profile

Perpetual Credit Income - Managed Fund

Fund Objective
To provide investors with monthly income by investing in a diversified pool of credit and fixed income assets.
Fund Strategy
The Trust can invest 30%-100% of the Portfolio in investment grade assets with an issuer limit of 15% of the Portfolio. The Trust can also invest 0-70% of the Portfolio in sub-investment grade or unrated assets with an issuer limit of 10% of the Portfolio. The Trust can invest 70% to 100% of the Portfolio in assets denominated in Australian dollars and a maximum of 30% of the Portfolio in assets denominated in foreign currencies.

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 0.81% 2.42% 5.28% 9.44% 5.88% 4.11% 3.97% 3.99%
Growth return 0.37% -0.45% 0.62% 1% 0.67% -0.18% 0.2% 0.14%
Income return 0.44% 2.87% 4.66% 8.44% 5.21% 4.29% 3.77% 3.85%
Market index (Bloomberg Global Aggregate TR Hdg AUD)
Total return 0.81% -0.31% 5.1% 2.53% -1.56% -2.38% -% 2.33%
As at 31 Mar 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Perpetual Credit Income
Cash
8.85%
Fixed Interest
91.15%
Australian Equities
0%
International Equities
0%
Property
0%
Alternatives
0%
Average Allocation of Peers
Cash
9.24%
Fixed Interest
89.83%
Australian Equities
0.34%
International Equities
0.11%
Property
0.02%
Alternatives
0.47%

General Information

Fund Details
Type Description
Perpetual Credit Income (Wholesale)
Perpetual Investment Management Ltd
PER0263AU
Diversified Credit
starstarstarstar (as at 31 Mar 2024)
Investment Fund
15 Nov 2004
$147.45 million (as at 31 Dec 2023)
$1.05367 (as at 24 Apr 2024)
$1.05051 (as at 24 Apr 2024)
Open
Offer information
Type Description
Indirect Cost Ratio (ICR) 0.31% (as at 30 Jun 2023)
Performance fee (not included in ICR) 0
Minimum initial investment
Minimum additional investments
Minimum redemption amount

Top 10 holdings (as at 30 Nov 2023)

Holding (as at 30 Nov 2023) Type % of Portfolio
Vicinity Centres Re Ltd 1.125% Bond - Corporate Bond 2.72%
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FAQs about the Perpetual Credit Income

The objective of the Perpetual Credit Income managed fund is To provide investors with monthly income by investing in a diversified pool of credit and fixed income assets.

The strategy of the Perpetual Credit Income managed fund is The Trust can invest 30%-100% of the Portfolio in investment grade assets with an issuer limit of 15% of the Portfolio. The Trust can also invest 0-70% of the Portfolio in sub-investment grade or unrated assets with an issuer limit of 10% of the Portfolio. The Trust can invest 70% to 100% of the Portfolio in assets denominated in Australian dollars and a maximum of 30% of the Portfolio in assets denominated in foreign currencies.

The APIR code of the Perpetual Credit Income managed fund is PER0263AU.

Perpetual Credit Income’s total return last month was 0.81%. This was made up of a growth return of 0.37% and an income return of 0.44%. These returns were calculated as at 31 Mar 2024.

Perpetual Credit Income’s total return for the last three months was 2.42%. This was made up of a growth return of -0.45% and an income return of 2.87%%. These returns were calculated as at 31 Mar 2024.

Perpetual Credit Income’s one-year total return is 9.44%. This was made up of a growth return of 1% and an income return of 8.44%. These returns were calculated as at 31 Mar 2024.

Perpetual Credit Income’s one-year total return is 4.11%. This was made up of a growth return of -0.18% and an income return of 4.29%. These returns were calculated as at 31 Mar 2024.

The asset allocation of the Perpetual Credit Income managed fund is :

Cash
8.85%
Fixed Interest
91.15%
Australian Equities
0%
International Equities
0%
Property
0%
Alternatives
0%

The Responsible Entity for the Perpetual Credit Income managed fund is Perpetual Investment Management Ltd.

The Perpetual Credit Income managed fund belongs to the Diversified Credit sector/asset class.

As at 31 Dec 2023, the size of the Perpetual Credit Income managed fund was $147.45 million.

The Perpetual Credit Income managed fund has an inception date of 15 Nov 2004.

The current entry price of the Perpetual Credit Income managed fund is $1.05367 per unit and the current exit price is $1.05051 per unit (as at 24 Apr 2024).

The current exit price of the Perpetual Credit Income managed fund is $1.05051 per unit and the current entry price is $1.05367 per unit (as at 24 Apr 2024).

The minimum initial investment amount for the Perpetual Credit Income managed fund is $0. Minimum additional investment is $0.

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.