Perpetual Select Conservative - Managed Fund

Fund Objective

The Fund has the following key attributes: • It aims to outperform a composite benchmark (before fees and tax) reflecting the target allocations at any time to the various asset types, over rolling three-year periods. It also aims to outperform the CPI by 1.00% (before fees and tax) over rolling three-year periods. • Aims to pay income on a quarterly basis given the Fund’s investment universe.

Fund Strategy

Fund Performance Comparison

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Peers

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The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.

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.

Fund performance

	1M	3M	6M	1Y p.a.	2Y p.a.	3Y p.a.	5Y p.a.	10Y p.a.
Total return	0.5%	-2.86%	-3.78%	2.16%	3.91%	4.76%	3.91%	4.4%
Growth return	0.59%	-2.61%	-3.82%	-15.53%	-8.57%	-5.38%	-4.95%	-1.27%
Income return	-0.09%	-0.25%	0.04%	17.69%	12.48%	10.14%	8.86%	5.67%
Market index (Morningstar AUS Balance Tgt Alloc NR AUD)
Total return	2.64%	0.4%	0.21%	8.61%	8.68%	8.06%	5.07%	6.25%

As at 30 Apr 2026. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Perpetual Select Conservative

Australian Equities: 18.56%

International Equities: 26.43%

Cash: 6.16%

Property & Infrastructure: 9.78%

Fixed Interest: 37.67%

Alternatives: 1.41%

Average Allocation of Peers

Australian Equities: 17.48%

International Equities: 27.38%

Cash: 7.18%

Property & Infrastructure: 3.67%

Fixed Interest: 36.04%

Alternatives: 8.24%

General Information

Fund Details

Type	Description
Fund Name	Perpetual Select Conservative
Responsible Entity	Perpetual Australia
APIR Code	PER0248AU
Sector/Asset Class	Multisector Balanced
Morningstar Rating	(as at 30 Apr 2026)
Legal Structure	Investment Fund
Fund Inception	30 Apr 1999
Fund Size	$11.58 million (as at 31 Dec 2025)
Entry Price	$1.00214 (as at 7 May 2026)
Exit Price	$1.00034 (as at 7 May 2026)
Fund Status	Open

Offer information

Type	Description
Standard entry fee	4%
MER	1.01% (as at 23 Mar 2026)
Indirect Cost Ratio (ICR) - Estimated	1.39% (as at 30 Jun 2025) (Estimated)
Performance fee (included in ICR)	0.14
Minimum initial investment	$2,000.00
Minimum additional investments	$1,000.00

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FAQs about the Perpetual Select Conservative

What is the objective of the Perpetual Select Conservative managed fund?

The objective of the Perpetual Select Conservative managed fund is The Fund has the following key attributes: • It aims to outperform a composite benchmark (before fees and tax) reflecting the target allocations at any time to the various asset types, over rolling three-year periods. It also aims to outperform the CPI by 1.00% (before fees and tax) over rolling three-year periods. • Aims to pay income on a quarterly basis given the Fund’s investment universe.

What is the strategy for the Perpetual Select Conservative managed fund?

The strategy of the Perpetual Select Conservative managed fund is The Fund has the following key attributes: • It aims to outperform a composite benchmark (before fees and tax) reflecting the target allocations at any time to the various asset types, over rolling three-year periods. It also aims to outperform the CPI by 1.00% (before fees and tax) over rolling three-year periods. • Aims to pay income on a quarterly basis given the Fund’s investment universe.

What is the APIR code of the Perpetual Select Conservative managed fund?

The APIR code of the Perpetual Select Conservative managed fund is PER0248AU.

What was Perpetual Select Conservative’s total return last month?

Perpetual Select Conservative’s total return last month was 0.5%. This was made up of a growth return of 0.59% and an income return of -0.09%. These returns were calculated as at 30 Apr 2026.

What was Perpetual Select Conservative’s total return for the last three months?

Perpetual Select Conservative’s total return for the last three months was -2.86%. This was made up of a growth return of -2.61% and an income return of -0.25%%. These returns were calculated as at 30 Apr 2026.

What is Perpetual Select Conservative’s one-year total return?

Perpetual Select Conservative’s one-year total return is 2.16%. This was made up of a growth return of -15.53% and an income return of 17.69%. These returns were calculated as at 30 Apr 2026.

What is Perpetual Select Conservative’s three-year total return?

Perpetual Select Conservative’s one-year total return is 4.76%. This was made up of a growth return of -5.38% and an income return of 10.14%. These returns were calculated as at 30 Apr 2026.

What is the asset allocation of the Perpetual Select Conservative managed fund?

The asset allocation of the Perpetual Select Conservative managed fund is :

Australian Equities: 18.56%

International Equities: 26.43%

Cash: 6.16%

Property & Infrastructure: 9.78%

Fixed Interest: 37.67%

Alternatives: 1.41%

Who is the responsible Entity of the Perpetual Select Conservative managed fund?

The Responsible Entity for the Perpetual Select Conservative managed fund is Perpetual Australia.

What sector/asset class does the Perpetual Select Conservative managed fund belong to?

The Perpetual Select Conservative managed fund belongs to the Multisector Balanced sector/asset class.

What is the size of the Perpetual Select Conservative managed fund?

As at 31 Dec 2025, the size of the Perpetual Select Conservative managed fund was $11.58 million.

What is the inception date of the Perpetual Select Conservative managed fund?

The Perpetual Select Conservative managed fund has an inception date of 30 Apr 1999.

What is the current entry price of the Perpetual Select Conservative managed fund?

The current entry price of the Perpetual Select Conservative managed fund is $1.00214 per unit and the current exit price is $1.00034 per unit (as at 7 May 2026).

What is the current exit price of the Perpetual Select Conservative managed fund?

The current exit price of the Perpetual Select Conservative managed fund is $1.00034 per unit and the current entry price is $1.00214 per unit (as at 7 May 2026).

What is the minimum investment amount for the Perpetual Select Conservative managed fund?

The minimum initial investment amount for the Perpetual Select Conservative 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.

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