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  5. Perpetual Wholesale Geared International Shares - Managed fund profile

Perpetual Wholesale Geared International Shares - Managed Fund (Closed)

Fund Objective
To enhance long term capital growth by borrowing (gearing) to invest in international shares and other securities.
Fund Strategy
PI Investment Management Limited (PIIML) adopts a fundamental, bottom-up approach to stock selection focusing on quality companies (strong balance sheet, earning visibility and competitive position) with attractive valuations within a global framework. Currency exposure may be hedged up to 75% of the value of the Fund. The gearing level of the Fund must be kept within the pre-determined guidelines. The Fund may borrow in Australian and/or 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 -0.74% -8.21% -9.9% -5.46% -16.87% -19.17% -% -%
Growth return -0.74% -8.21% -9.9% -5.46% -16.87% -19.17% -% -%
Income return 0% 0% 0% 0% 0% 0% -% -%
Market index (RBA Bank accepted Bills 90 Days)
Total return 0.31% 0.92% 1.92% 4.15% 4.24% 3.96% 2.46% 2.04%
As at 31 Aug 2010. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Perpetual Wholesale Geared International Shares
International Equities
100%
Australian Equities
0%
Cash
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
International Equities
6.68%
Australian Equities
3.95%
Cash
44.80%
Property & Infrastructure
1.88%
Fixed Interest
20.74%
Alternatives
21.95%

General Information

Fund Details
Type Description
Perpetual Wholesale Geared International Shares (Wholesale)
Closed
Perpetual Investment Management Ltd
PER0402AU
Miscellaneous
Not Rated
Investment Fund
25 Jun 2007
$0.59 million (as at 31 Aug 2010)
$0.542 (as at 13 Sep 2010)
$0.538 (as at 13 Sep 2010)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) 1.23% (as at 30 Jun 2010)
Minimum initial investment $25,000
Minimum additional investments $10,000.00
Minimum redemption amount

FAQs about the Perpetual Wholesale Geared International Shares

The objective of the Perpetual Wholesale Geared International Shares managed fund is To enhance long term capital growth by borrowing (gearing) to invest in international shares and other securities.

The strategy of the Perpetual Wholesale Geared International Shares managed fund is PI Investment Management Limited (PIIML) adopts a fundamental, bottom-up approach to stock selection focusing on quality companies (strong balance sheet, earning visibility and competitive position) with attractive valuations within a global framework. Currency exposure may be hedged up to 75% of the value of the Fund. The gearing level of the Fund must be kept within the pre-determined guidelines. The Fund may borrow in Australian and/or foreign currencies.

The APIR code of the Perpetual Wholesale Geared International Shares managed fund is PER0402AU.

Perpetual Wholesale Geared International Shares’s total return last month was -0.74%. This was made up of a growth return of -0.74% and an income return of 0%. These returns were calculated as at 31 Aug 2010.

Perpetual Wholesale Geared International Shares’s total return for the last three months was -8.21%. This was made up of a growth return of -8.21% and an income return of 0%%. These returns were calculated as at 31 Aug 2010.

Perpetual Wholesale Geared International Shares’s one-year total return is -5.46%. This was made up of a growth return of -5.46% and an income return of 0%. These returns were calculated as at 31 Aug 2010.

Perpetual Wholesale Geared International Shares’s one-year total return is -19.17%. This was made up of a growth return of -19.17% and an income return of 0%. These returns were calculated as at 31 Aug 2010.

The asset allocation of the Perpetual Wholesale Geared International Shares managed fund is :

International Equities
100%
Australian Equities
0%
Cash
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the Perpetual Wholesale Geared International Shares managed fund is Perpetual Investment Management Ltd.

The Perpetual Wholesale Geared International Shares managed fund belongs to the Miscellaneous sector/asset class.

As at 31 Aug 2010, the size of the Perpetual Wholesale Geared International Shares managed fund was $0.59 million.

The Perpetual Wholesale Geared International Shares managed fund has an inception date of 25 Jun 2007.

The current entry price of the Perpetual Wholesale Geared International Shares managed fund is $0.542 per unit and the current exit price is $0.538 per unit (as at 13 Sep 2010).

The current exit price of the Perpetual Wholesale Geared International Shares managed fund is $0.538 per unit and the current entry price is $0.542 per unit (as at 13 Sep 2010).

The minimum initial investment amount for the Perpetual Wholesale Geared International Shares managed fund is $25,000. Minimum additional investment is $10000.

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.