Perpetual : Asset Management Australia launches Active ETFs

Media Release

Perpetual Asset Management Australia launches Active ETFs

29 November 2021

Perpetual Asset Management Australia (PAMA) has today launched the first of a suite of Exchange Traded Managed Funds (ETMFs) (commonly referred to as Active ETFs). The Perpetual Ethical SRI Fund (Managed Fund) (ASX: GIVE) commences trading on the ASX today, providing ease of access for investors seeking an actively managed portfolio. GIVE is the first of a suite of Active ETFs Perpetual intends to launch and will be shortly followed by the launch of the Perpetual Global Innovation Share Fund (Managed Fund) (ASX: IDEA).

Commenting on the launch, Amanda Gillespie, Group Executive Perpetual Asset Management Australia said, "We have been looking forward to bringing Active ETFs to market, providing contemporary investment solutions to meet the evolving needs of our clients. The launch of Active ETFs is aligned with our strategy to invest in new capabilities and offer investors an additional channel (via the ASX) to access Perpetual's proven active management expertise.

"Both GIVE and IDEA are a unit class of their respective managed fund, utilising the same investment strategy of the applicable fund. As the ETF market continues to grow, we expect investors will increasingly look towards ETFs that offer the benefits of active management when constructing their portfolios. PAMA's debut into the ETF space expands the choice for retail investors and their advisers when seeking exposures to a portfolio of actively managed Australian and global shares, backed by experienced and specialist investment teams."

GIVE - responsible investing through investment predominately in quality shares of Australian ethical and socially responsible companies

Investor interest is driving growth in sustainable investment strategies where investors are increasingly seeking to invest their savings in companies with a demonstrated commitment to environmental, social and governance (ESG) principles. Research conducted by Perpetual shows 25% of Australians try to invest in companies that are not harmful to the environment and society, and 24% of Australians are actively looking to invest in companies that are beneficial to the environment and society1.

As a long-standing ethical fund with a 20-year history in the Australian market, the Perpetual Ethical SRI Fund, managed by Portfolio Manager Nathan Hughes, is now more accessible for investors through the launch of GIVE. The Perpetual Ethical SRI Fund aims to meet the needs of investors who seek long-term returns by investing in companies that are consistent with investors' social, environmental, and ethical preferences. The intention is to donate a portion of the performance fee from GIVE to charity, with the purpose of providing support and delivering positive impact to the community.

1 Results taken from the 'What do you care about?' 2021 Survey, The Planet Edition - Sustainable Investing, conducted by Perpetual Limited.

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IDEA - investing in innovation is investing in change

Companies are disrupting established business models across a range of sectors as technology upends a broad range of traditional business models and creates possibilities not considered possible just a few years ago.

The Perpetual Global Innovation Share Fund, managed by Portfolio Manager Thomas Rice, has a strong focus on understanding new innovations early and providing the opportunity to exploit market inefficiencies to find undervalued and underappreciated companies.

Perpetual Global Innovation Share Fund is designed to provide investors with long-term capital growth by investing in a hand-picked portfolio of shares in global companies that are benefiting from changes in technology and innovation. It is managed with the belief that the market is often inefficient at pricing companies where rapid change is occurring.

Ms Gillespie added, "We are excited by both the Perpetual Ethical SRI Fund and the Perpetual Global Innovation Share Fund's continued growth through the launch of GIVE today and IDEA in the near future. The launch of these capabilities in an ASX quoted structure provides investors the ability to benefit from Perpetual's active management approach, underpinned by deep investment research and insights, and to gain access to key themes of responsible investing and global innovation."

To learn more, please visit:www.perpetual.com.au/give;www.perpetual.com.au/idea

-ENDS-

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About Perpetual Asset Management Australia

Perpetual Asset Management Australia is a dynamic, active manager, offering an extensive range of specialist investment capabilities to individuals, financial advisers and institutions. This includes Australianand global shares,multi assetinvestments, credit and fixed income,TrilliumESG global shares and Barrow Hanley global shares investment strategies.

Recently, research house Zenith Investment Partners named Perpetual Asset Management Australia Fund Manager of the Year at the 2021 Zenith Fund Awards, demonstrating our continued dedication and commitment to our clients.

Important Information

This announcement has been prepared by Perpetual Investment Management Limited (PIML) ABN 18 000 866 535, AFSL 234426, the responsible entity of the Perpetual Ethical SRI Fund and Perpetual Global Innovation Share Fund and issuer of the units in the Perpetual Ethical SRI Fund (Managed Fund) and Perpetual Global Innovation Share Fund (Managed Fund) (collectively the "ETMFs"). Units in the ETMFs are to be issued by PIML. No company in the Perpetual Group (Perpetual Limited ABN 86 000 431 827 and its subsidiaries) guarantees the performance of any fund or the return of an investor's capital. The announcement contains general information only and is not intended to provide you with financial advice or take into account your objectives, financial situation or needs. You should consider, with a financial adviser, whether the information is suitable for your circumstances, having regard to your own objectives, financial situation and needs. To the extent permitted by law, no liability is accepted for any loss or damage as a result of any reliance on this information. Past performance is not indicative of future performance. The Product Disclosure Statements for the ETMFs, dated 18 November 2021 (PDS), issued by PIML, should be read and considered before deciding whether to acquire or hold units in the relevant ETMF. The PDS and Target Market Determination for each

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ETMF are available and can be obtained by calling 1800 022 033 (within Australia) or visiting www.perpetual.com.au. This announcement does not constitute an offer, invitation, solicitation or recommendation with the respect to the purchase or sale of units in the ETMFs.

The Zenith Fund Awards were issued on 15 October 2021 by Zenith Investment Partners (ABN 27 130 132 672, AFSL 226872) and are determined using proprietary methodologies. The Fund Awards are solely statements of opinion and do not represent recommendations to purchase, hold or sell any securities or make any other investment decisions. To the extent that the Fund Awards constitutes advice, it is General Advice for Wholesale clients only without taking into consideration the objectives, financial situation or needs of any specific person. Investors should seek their own independent financial advice before making any investment decision and should consider the appropriateness of any advice. Investors should obtain a copy of and consider any relevant PDS or offer document before making any investment decisions. Fund Awards are current for 12 months from the date awarded and are subject to change at any time. Fund Awards for previous years are referenced for historical purposes only. Past performance is not an indication of future performance.

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