The Trust Company Investment Funds

Performance returns for The Trust Company Australian Share Fund,   The Trust Company Share Imputation Fund,  The Trust Company Fixed Interest Fund and The Trust Company Property Securities Fund posted on our website between 8 February 2024 to 8 March 2024 did not accurately reflect the performance returns for the dates provided. This has been rectified and the correct performance returns have been displayed on our website from 9 March 2024.  

See attached flyer.

A new Supplementary PDS has been issued effective 15 March 2024. 

The new Supplementary PDS contains:

• The termination and removal from the PDS of the Trust Company Australian Share Fund and The Trust Company Share Imputation Fund.

Please read the letter to investors regarding these changes and Supplementary PDS for additional information or contact us 1800 003 001.

Effective 15 March 2024, the "transaction costs and Buy/Sell Spreads" document has been updated to remove references to the terminated funds.

Investor Letter - Termination TCo Australian Share Fund

Investor Letter - Termination TCo Share Imputation Fund

Supplementary Product Disclosure Statement 

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.

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.

We have introduced a fixed amount of 0.05% per annum for normal operating expenses charged to the respective Fund.

For further information see attached flyer.

For a copy of the letter sent to direct investors see attached letter.

Effective 25 March 2022, the buy/sell spreads for the funds have changed.

Effective 4 March 2022, the buy/sell spreads for the funds have changed.

See attached flyer

Updates to disclosure to clarify that distribution components may include capital.

See attached flyer

We have issued a new PDS effective 1 June 2021 which contains updated information in relation to fees and costs.

Please refer to PDS and incorporated documents.

Effective 1 April 2021, the buy/sell spreads for the funds have changed.

This incorporated document has now been replaced with 10 July 2020 information now available.

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

This incorporated document has now been replaced with 19 June 2020 information now available.

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

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

This incorporated document has now been replaced with 24 April 2020 information now available.

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

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

The 'Portfolio Fundamentals' section of some Fund Profiles previously contained inaccurate figures for:

• Price to Earnings
• Price to Book, and
• Dividend Yield

for the period of May 2018 – June 2019.

The Portfolio Fundamentals are an estimate of forward-looking metrics. These figures are compiled by Perpetual for the purposes of providing additional information to investors to illustrate Perpetual’s quality and value investment process in action.

The figures were incorrect as a result of a data error relating to a corporate action on a single security.  This error has since been corrected.

The corrected information can be found in the flyer.

The ‘Portfolio Fundamentals’ will be found in Fund Profiles in due course.

We have issued a new PDS effective 3 June 2019 which contains updated information in relation to fees and costs.

Please refer to the PDS for more details.

Effective from 1 November 2018, UBS Asset Management (Australia) Ltd has been appointed the specialist investment manager of the Trust Company Property Securities Fund.

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

The Trust Company Property Securities Fund: Update to investment guidelines

The Fund has completed its transition from unlisted Australian property trusts to an increased allocation in Australian Listed Property Securities. Given the completion of the transition, the Fund's cash allocation has returned to its investment guideline range of 0-10%. The Fund's investment guidelines with effect from 12 July 2018 will be:

Australian Listed Property Securities: 90-100%

Cash: 0-10%

Find out more here

Trust Company Property Securities Fund: Reduction in buy/sell spread

Effective from 9 July 2018, the buy/sell spread of The Trust Company Property Securities Fund will reduce as follows:

Current buy/sell spread (%): 0.42/0.42

New buy/sell spread (%): 0.15/0.15

The new spreads reflect the removal of the Fund's exposure to unlisted Australian property assets.

Find out more here

PDS Update

The replacement The Trust Company Investment Funds PDS has been issued. It contains updated information in relation to the Product Update notice on 21 May 2018.

For a copy of the replacement PDS click above, or ask for a copy free of charge by contacting us on 1800 022 033.

The Trust Company Bond Fund: Changes to Investment Strategy and Introduction of a Marketing Name

Following the investment strategy review of The Trust Company Bond Fund, the following changes will take effect from 1 June 2018:
- Reduce Standard Risk Measure
- Revised Investment Objective to reflect changes in asset classes
- Modified Fund Benchmark
- Changes to the Investment Approach
- Revised Investment Guideline ranges including the introduction of diversified credit as a separate asset class
- Introduction of the marketing name ‘The Trust Company Fixed Interest Fund’

Find out more here

The Trust Company Diversified Property Fund: Changes to Investment Strategy, Introduction of a Marketing Name and Management Fee Reduction

Following the investment strategy review of The Trust Company Diversified Property Fund, the following changes will take effect from 1 June 2018:
- Increase Standard Risk Measure
- Revised Investment Objective to remove a reference to unlisted property trusts
- Modified Fund Benchmark
- Revised Investment Guideline ranges to increase the asset allocation in listed property securities
- Introduction of the marketing name ‘The Trust Company Property Securities Fund’
- Reduction of management fee

Find out more here 

AMIT Regime

Perpetual has elected into the Attribution Managed Investment Trust (AMIT) Regime for the year ending 30 June 2018 and subsequent years.

Changes to the constitution of the Fund/s

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)

Effective 1 March 2017, we have updated fees and costs information, and issued a new PDS.   

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.

For a copy of the replacement PDS click above, or ask for a copy free of charge by contacting us on 1800 022 033. 

Supplementary Product Disclosure Statement number 2 (SPDS2)

Supplementary Product Disclosure Statement number 1 (SPDS1)

The Trust Company Philanthropy Fund is now being offered via its own separate Product Disclosure Statement which is publicly available at www.perpetual.com.au/ttcpf