Tasmanian Perpetual Trustees has adopted a multi-manager approach to investing for the Investment Growth Funds.
This approach allows Tasmanian Perpetual Trustees to select a combination of specialist Investment Managers with different styles and philosophies. This provides the Investment Growth Funds with diversity and mitigates against risks associated with using a single manager.
Tasmanian Perpetual Trustees undertakes a rigorous due diligence process when selecting and reviewing Investment Managers. The selection, review and replacement of Investment Managers is carried out by Tasmanian Perpetual Trustees own experienced investment team. Managers are reviewed on a quarterly basis with the review process focusing on:
- performance against benchmark and peers;
- continuity in investment philosophy and style; and
- maintenance of the agreed investment approach.
Derivatives may be used by external Investment Managers for hedging, or as an alternative to holding physical securities.
Investors acquire units in Tasmanian Perpetual Trustees Funds, they do not acquire direct interests in the funds managed by the external investment managers.
Note: Tasmanian Perpetual Trustees have announced a change in Investment Manager for both the Tasmanian Perpetual Trustees Equity Fund and Tasmanian Perpetual Trustees Leaders Imputation Fund. The change, which takes effect immediately, will see GMO’s Australian Equity Trust replaced with the Vanguard Australian Share Fund.
Vanguard are one of the world’s largest and most respected investment management companies managing a significant amount of funds under management on behalf of investors, with the Australian Shares Index Fund alone being almost $5.5 billion in size. This decision has been made in an endeavor to improve returns to our investors.
The Balanced Fund aims to provide capital growth over the medium to long term together with regular income.
- Distributions are made quarterly
- Gain exposure to a professional managed portfolio of diversified assets
- Distribution return may be partially tax advantaged through franked dividends
- Direct Credit Facility
The Equity Fund aims to provide investors with better than market average capital growth over the medium to long term including tax effective income, while prudently managing investment risks.
- The Equity Fund is invested in Australian and international shares
- Distributions are made half-yearly
- Distribution return may be partially tax advantaged through franked dividends
- Direct Credit Facility
The Leaders Imputation Fund aims to provide investors with the opportunity for capital growth over the medium to long term together with tax effective dividend income derived from franked dividends.
- Gain exposure to a portfolio of leading Australian shares
- Distribution return may be tax advantaged through franked dividends
- Distributions to investors are generally made quarterly
- Direct Credit Facility
The International Share Fund aims to achieve returns in excess of the Morgan Stanley Capital World Index (ex Australia) over rolling 5 year periods.
- Gain exposure to a diversified portfolio of international shares
- Distributions to investors are generally made semi-annually
- Direct Credit Facility
The Property Fund aims to provide exposure primarily to listed property trusts, for some tax effective income and capital growth potential over the long term. The Fund aims to provide investors with a total return in excess of the S&P/ASX 200 Property Trust Accumulation Index over a 5 year period.
- Gain exposure to property trusts listed on the Australian Stock Exchange
- The Fund may also invest in direct property
- Distributions are generally made quarterly and may be tax advantaged
- Direct Credit Facility
Direct Credit Facility
For all Funds other than the Select Term Fund, additional monies can be invested via direct credit. To set up a direct credit to add to your investment contact your bank, credit union or building society, or use their website to make payments from your cheque or savings account.
Payments from credit cards are not accepted. For more information on direct crediting your account contact your financial institution.
You cannot make outward payments from your account(s) with Tasmanian Perpetual Trustees using the direct crediting facility.
To use the direct crediting system you must have an open account with Tasmanian Perpetual Trustees. If your account is closed, your payment will be rejected. If your payment is rejected we will refund you in full.
You cannot use direct crediting to re-open a closed account.
There are no additional fees or charges for using direct crediting to add monies to your account.
BSB Code 037-812
The BSB and Account Number are on your quarterly statement. You will need this information when making a direct credit payment.
BPAY
BPAY® is an electronic payment service offered by Australia's leading financial institutions as a core feature of internet and phone banking. It is a convenient, fast way to transfer money to your account with Tasmanian Perpetual Trustees.
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