25 November 2022

Media Release

Perpetual statement: ASIC interim stop orders

Perpetual confirms that it has received from ASIC an interim stop order in relation to the following two products:

  • Perpetual Geared Australian Share Fund
  • Perpetual Pure Microcap fund

The interim orders follow ongoing industry surveillance by ASIC into the adequate assessment of target market determination under their design and distribution obligations (DDO).

Perpetual takes its regulatory obligations seriously and has taken immediate steps to comply with this interim stop order. Perpetual has ceased the sale and distribution of these products effective 24 November 2022 until further notice.

Perpetual is engaging with ASIC to respond to the interim stop order.

For media enquiries, please contact:

Daniel Wright

Corporate Communications Manager +61 478 405 701 Daniel.wright@perpetual.com.au

About Perpetual

Perpetual Limited (ASX:PPT) is an ASX-listed, diversified financial services company, which has been serving clients since 1886. Across our four businesses: Perpetual Asset Management Australia, Perpetual Asset Management International, Perpetual Corporate Trust and Perpetual Private, we aim to protect and grow our clients' wealth, knowing that by doing so we can make a difference in their lives. Our origin as a trustee company, coupled with our strong track record of investment performance, has created our reputation as one of the strongest brands in financial services in Australia.

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Disclaimer

Perpetual Limited published this content on 25 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 November 2022 23:53:08 UTC.