Perpetual Charitable Endowment Fund

PDS and Additional Information Reissue.

Update to specialist investment manager information

A new Perpetual Charitable Endowment Fund PDS and Additional Information Booklet has been issued.
The new PDS and Additional Information Booklet contain:

• updated 'How we invest your money' section including the investment objectives, investment approach and fund profile
• updated details in the 'Environmental, social, governance and ethical factors' section

Please read the letter to investors regarding these changes and the PDS for additional information or ask us for a copy free of charge by contacting us on 1800 022 033.

The details of underlying specialist investment managers have been updated as part of the updated investment approach.

Product Disclosure Statement

Additional Information

Investor Letter

Specialist investment manager information

PDS Updated: Fees and Costs information

The information in the PDS and Additional Information about fees and costs is replaced by the information in the attached document. Product information on transaction costs and buy-sell spreads is replaced by the information in the attached document. For full details on fees and costs, read the PDS together with this update.

Update to specialist investment manager information  

The details of current underlying specialist investment managers have been updated.

For further information please see attached flyer

Update to specialist investment manager information

The details of current underlying specialist investment managers have been updated.

For further information please see attached flyer

Update to specialist investment manager information  

The details of current underlying specialist investment managers have been updated.  

For further information see attached flyer.

PDS and Additional Information Reissue.

Changes to Buy/Sell Spread.

A new perpetual Charitable Endowment Fund PDS and Additional Information document has been issues.

The new PDS and Additional Information Booklet contains:

• updated details about fees and costs, replacing previous disclosure.

Please read the letter to investors regarding these changes and PDS for additional information or ask us for a copy free of charge by contacting us on 1800 003 001.

Effective 1 March 2024, the Buy/Sell spread for the fund has been changes. Please see "Transaction costs and Buy/Sell Spreads document".

Product Disclosure Statement

Additional Information

Investor Letter

PDS and Additional Information Reissue

A new Perpetual Charitable Endowment Fund PDS and Additional Information document has been issued. 

The new PDS and Additional Information Booklet contains:

• updated details in the 'Environmental, social and ethical factors and labour standards' section

Please read the PDS available via weblink for additional information or ask us for a copy free of charge by contacting us on 1800 003 001

Product Disclosure Statement

Additional Information

The information in the PDS and Additional Information about fees and costs is replaced by the information in the attached document. For full details on fees and costs, read the PDS together with this update.

Amendment to the 1 March 2023 PDS Update to show the correct investment guidelines for the Perpetual Charitable Endowment Fund.

Amendment to Charitable Investment Changes Flyer

Following a review of the investment strategies, changes to the following will take effect from 1 March 2023:

• Investment benchmarks

• Investment guidelines

• Asset classes

Please read the attached flyer for details about these changes.

Charitable_Investment Changes Flyer

The information in the PDS and Additional Information about fees and costs is replaced by the information in the attached document. For full details on fees and costs, read the PDS together with this update.

This incorporated document has now been replaced with 1 February 2022 information now available.

Effective 1 April 2021, the buy/sell spread for the fund has changed. Please see “Transaction costs and Buy/Sell Spreads document.”

The details of current underlying specialist investment managers have been updated.

For further information see attached flyer.

This incorporated document has now been replaced with 3 July 2020 information now available.

For further information see attached flyer.

This incorporated document has now been replaced with 29 May 2020 information now available.

For further information see attached flyer.

This incorporated document has now been replaced with 8 May 2020 information now available.

For further information see attached flyer.

This incorporated document has now been replaced with 27 March 2020 information now available.

For further information see attached flyer.

This incorporated document has now been replaced with 20 March 2020 information now available.

For further information see attached flyer.

From 31 January 2019, for Australian and international shares asset classes, Perpetual will not permit its specialist investment managers (including itself) to invest in companies that are manufacturers of cigarettes and other tobacco products as defined under Global Industry Classification Standard 302030 as a Tobacco company.

For all asset classes other than Australian and international shares, we consider a specialist investment managers’ policies and practices regarding environmental, social and governance (ESG) factors and labour standards only to the extent that they may have an effect on the manager’s style and investment performance. We will neither choose nor exclude a specialist investment manager solely on their ESG and labour standards policies/practices (except for managers of Australian and international shares), but such policies/practices will contribute to our overall assessment of the manager’s style and capability.

This incorporated document has now been replaced with 30 June 2018 information now available.

For further information see attached flyer.

From 1 November 2018, there will be a change to the EDR scheme which unresolved complaints can be referred to.

The replacement Perpetual Charitable Endowment PDS has been issued. It contains updated information in relation to the Product Update notice on 15 May 2018.

For a copy of the replacement PDS click above, or ask for a copy free of charge by contacting us on 1800 003 001.

• Revised guideline investment ranges

• Changes to the asset classes including the introduction of a new asset class

• Revised Management Costs

Performance-related fees are payable when a specialist investment manager outperforms a defined performance hurdle (benchmark), for a defined period of time. The maximum performance-related fee rate up to 25% of outperformance for specialist investment managers (other than for alternative assets) still remains.  

Change to investment return objective

Following a strategic asset allocation review the following change will take effect from 1 November 2017:

Investment return objective
Will change from:
a total return (including distributions) of CPI +4.5% p.a. before fees and after the effect of franking credits over rolling 5 to 10 year periods

to:

a total return (including distributions) of CPI +4.5% p.a. before fees and after the effect of franking credits over rolling 10-year period.

For the full investment return objective, please refer to the PDS and SPDS dated 1 November 2017.

Changes to the constitution of the Fund/s

PDS update

The replacement PDS has been issued. It contains updated information in relation to your investment including:

• Fees and Costs
  Due to changes in ASIC Class Order [CO 14/1252], we have updated our disclosure in respect of the estimated management cost of the Fund/s This amount includes estimated indirect costs which are paid by the Funds, and are not a direct cost to you. The management fee you pay to Perpetual has not changed.   

• Tax and the AMIT regime
  The Federal Government passed tax legislation in May 2016 applicable to eligible managed investment schemes. Where a managed investment scheme meets the eligibility requirements and Perpetual Investment Management Limited, as the responsible entity, makes an election to apply the new tax rules, the Fund will become an Attribution Managed Investment Trust (AMIT). For more details refer to the above AMIT update.

• The benchmark used for the global component of the Real Estate Fund has changed from hedged to AUD to unhedged.

Proposed Changes to the constitution of the Fund/s

Perpetual is proposing making changes to the constitutions for our Funds to allow them to be operated as Attribution Managed Investment Trusts (AMIT)