Growth High Conviction Shares
The Trust provides an actively managed concentrated exposure to a portfolio of securities from share markets.
Fund Facts
Investment Approach
Perennial Growth invests using a "growth" investment style. Perennial Growth believes that growing companies generate the most value for shareholders and that these companies attract management interested in building businesses rather than merely managing them. Perennial Growth seeks companies that offer profitable growth prospects.
Investment Strategy
The Trust will invest in a concentrated portfolio of listed, or soon to be listed, "growth orientated" securities found on the ASX.
Perennial Growth, the investment manager, seeks to invest in companies that offer sustainable and profitable growth prospects at attractive prices. Perennial Growth believes that growing companies generate the most value for shareholders and seeks to value this future growth through a combination of internally generated bottom-up stock research and quantitative modelling. Only companies with which Perennial Growth has a high conviction will be included in the Trust.
As the Trust is concentrated, the portfolio will typically hold between 20 and 25 securities, with a minimum of 15 and a maximum of 30.
The Trust will have a maximum cash exposure not exceeding 20%, for any length of time.
The Trust is authorised to utilise derivative instruments for risk management purposes, subject to the specific restriction that they cannot be used to gear portfolio exposure.
