Perennial Trust added to IOOF platform

The Perennial Value Microcap Opportunities Trust has been added to the IOOF Pursuit platform.

The trust invested in both listed and unlisted companies including small and microcap stocks and, since its inception in 2017, delivered annualised return of 24.3 per cent, net of fees, outperforming the S&P/ASX Small Ordinaries Accumulation Index by 18 per cent and a cumulative return of 51.6 per cent, the firm said.

Perennial’s head of smaller companies and micro caps, Andrew Smith, said that the trust would provide investors with more opportunities to access Perennial’s microcap strategy.

Related News:

“The cornerstone of the fund’s approach is a strong emphasis on company research – we aim to develop a detailed understanding of each company before committing investor’s funds.

“The strategy has also a strong focus on early stage  companies which are growing earnings strongly, and can provide important diversification for investors in tough market conditions,” he said.

The trust was also currently available on Asgard, BT Wrap, Macquarie Wrap, BT Panorama, HUB24, Netwealth, Mason Stevens and uXchange platforms.

Related Content

Small cap equity strategies draw attention of pension funds

Pension funds along with other investors, who traditionally had lower exposure to small cap equities, showed greater interest in these strategies over...Read more

Volatility impacts Challenger result

Challenger Limited has reflected current challenging market conditions, reporting a significant first-half profit decline.The company reported a 97 pe...Read more

CFS calls for weapons removal from global indices

Colonial First State (CFS) has supported the call for index providers to remove controversial weapons from global indices.The firm, which confirm...Read more



Add new comment