Perennial Private Ventures No.1 - Managed Fund

Fund Objective

The investment objective of the Fund is to generate a return of 8% IRR per annum (after Management Fees) on Capital Contributions over the life of the Fund.

Fund Strategy

The Fund has been established to focus on high growth private businesses located primarily within Australia and New Zealand that are Eligible Venture Capital Investments. The Fund will predominantly invest in companies that are in the private growth stage. Private growth stage businesses are companies that have established product market fit and are now demonstrating accelerated revenue growth. On exception, the Fund may also selectively invest in certain opportunities outside of these parameters.

Fund Performance Comparison

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Peers

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The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.

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Fees Comparison

% p.a.

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NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.

Fund performance

	1M	3M	6M	1Y p.a.	2Y p.a.	3Y p.a.	5Y p.a.	10Y p.a.
Total return	-0.1%	-9.51%	-10.34%	-5.74%	1.93%	-%	-%	-%
Growth return	-0.1%	-9.51%	-10.34%	-5.74%	1.93%	-%	-%	-%
Income return	0%	0%	0%	0%	0%	-%	-%	-%
Market index (MSCI World NR AUD)
Total return	-0.42%	4.87%	14.02%	21.07%	25.17%	16.04%	14.74%	12.38%

As at 31 Jan 2025. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

No asset allocation data available.

Average Allocation of Peers

Alternatives: 28.66%

Australian Equities: 17.53%

International Equities: 25.01%

Cash: 22.16%

Property: 0.88%

Fixed Interest: 5.75%

General Information

Fund Details

Type	Description
Fund Name	Perennial Private Ventures No.1
APIR Code	WPC1367AU
Sector/Asset Class	Alternative-Private Equity
Morningstar Rating	Not Rated
Legal Structure	Investment Fund
Fund Inception	3 Jun 2022
Fund Size	$20.27 million (as at 28 Feb 2023)
Entry Price	$1.0275 (as at 31 Jan 2025)
Exit Price	$1.0275 (as at 31 Jan 2025)
Fund Status	Open

Offer information

Type	Description
MER	2% (as at 12 Jul 2023)
Indirect Cost Ratio (ICR)	2% (as at 30 Jun 2023)
Performance fee (not included in ICR)	0
Minimum initial investment	$100,000

FAQs about the Perennial Private Ventures No.1

What is the objective of the Perennial Private Ventures No.1 managed fund?

The objective of the Perennial Private Ventures No.1 managed fund is The investment objective of the Fund is to generate a return of 8% IRR per annum (after Management Fees) on Capital Contributions over the life of the Fund.

What is the strategy for the Perennial Private Ventures No.1 managed fund?

The strategy of the Perennial Private Ventures No.1 managed fund is The Fund has been established to focus on high growth private businesses located primarily within Australia and New Zealand that are Eligible Venture Capital Investments. The Fund will predominantly invest in companies that are in the private growth stage. Private growth stage businesses are companies that have established product market fit and are now demonstrating accelerated revenue growth. On exception, the Fund may also selectively invest in certain opportunities outside of these parameters.

What is the APIR code of the Perennial Private Ventures No.1 managed fund?

The APIR code of the Perennial Private Ventures No.1 managed fund is WPC1367AU.

What was Perennial Private Ventures No.1’s total return last month?

Perennial Private Ventures No.1’s total return last month was -0.1%. This was made up of a growth return of -0.1% and an income return of 0%. These returns were calculated as at 31 Jan 2025.

What was Perennial Private Ventures No.1’s total return for the last three months?

Perennial Private Ventures No.1’s total return for the last three months was -9.51%. This was made up of a growth return of -9.51% and an income return of 0%%. These returns were calculated as at 31 Jan 2025.

What is Perennial Private Ventures No.1’s one-year total return?

Perennial Private Ventures No.1’s one-year total return is -5.74%. This was made up of a growth return of -5.74% and an income return of 0%. These returns were calculated as at 31 Jan 2025.

What is Perennial Private Ventures No.1’s three-year total return?

Perennial Private Ventures No.1’s one-year total return is -%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 Jan 2025.

What is the asset allocation of the Perennial Private Ventures No.1 managed fund?

The asset allocation of the Perennial Private Ventures No.1 managed fund is :

Alternatives: 100%

Australian Equities: 0%

International Equities: 0%

Cash: 0%

Property: 0%

Fixed Interest: 0%

What sector/asset class does the Perennial Private Ventures No.1 managed fund belong to?

The Perennial Private Ventures No.1 managed fund belongs to the Alternative-Private Equity sector/asset class.

What is the size of the Perennial Private Ventures No.1 managed fund?

As at 28 Feb 2023, the size of the Perennial Private Ventures No.1 managed fund was $20.27 million.

What is the inception date of the Perennial Private Ventures No.1 managed fund?

The Perennial Private Ventures No.1 managed fund has an inception date of 3 Jun 2022.

What is the current entry price of the Perennial Private Ventures No.1 managed fund?

The current entry price of the Perennial Private Ventures No.1 managed fund is $1.0275 per unit and the current exit price is $1.0275 per unit (as at 31 Jan 2025).

What is the current exit price of the Perennial Private Ventures No.1 managed fund?

The current exit price of the Perennial Private Ventures No.1 managed fund is $1.0275 per unit and the current entry price is $1.0275 per unit (as at 31 Jan 2025).

What is the minimum investment amount for the Perennial Private Ventures No.1 managed fund?

The minimum initial investment amount for the Perennial Private Ventures No.1 managed fund is $100,000.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.

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