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Perpetual launches fund with SMSF in its sights

Perpetual launches fund with SMSF in its sights

Reporter
09 February 2016

Perpetual has announced the launch of a global wholesale share fund with currency hedging, which will be available to individual investors, SMSF trustees and wholesale investors.

Global equities portfolio manager Garry Laurence said the fund is available to SMSF trustees with a minimum of $25,000 to invest and will allow them to minimise the impact of movements in the Australian dollar on their international investments.

“With around 98 per cent of the world’s investment opportunities located outside Australia, investors have the opportunity to access companies operating in different regions – and industries – than what they would traditionally find in Australia,” said Mr Laurence.

“As a result of this, some investors and their advisers may be concerned about the impact of an appreciating Australian dollar, which can have both a positive and negative impact on their investment returns.”

Mr Laurence said currency movements could have a material impact on equity returns and will be considered in the investment decision-making process of this fund.

“This is why we have created the fund – to minimise the impact on investors’ funds from any adverse movements in currency.”

Mr Laurence said as with the other wholesale funds offered by Perpetual, investors can benefit from features including a diverse range of investment options, cost-effectiveness and consolidated reporting”.

Read more:

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Rice Warner calls for withdrawal values to be slashed

 

Perpetual launches fund with SMSF in its sights
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