asset_category:
peer_benchmark:
broad_market_index:
manager_contact_details: Array
ticker: PCI
release_schedule:
structure: Listed Investment Company
commentary_block:
factsheet_url:
fund_features:
The Perpetual Credit Income Trust (PCI) is a newly established investment trust that listed on the ASX in May 2019. Perpetual Trust Services Limited is the responsible entity of the Trust (Responsible Entity). The Responsible Entity has appointed Perpetual Investment Management Limited as the manager of the Trust (Manager). It aims to generate sustainable, regular income by investing in a diversified portfolio of credit and fixed income assets. The company targets a total return equal to the RBA Cash Rate plus 3.25% pa (net of fees) through the economic cycle.
- Offers investors access to what is expected to be a reliable monthly income stream through a diversified exposure to domestic and global credit and fixed income assets.
- Invests in a portfolio of credit and fixed income assets diversified by asset type, credit quality, loan maturity, country and issuer. It is expected that PCI will typically have a portfolio of approximately 50 to 100 assets.
- The Manager’s investment process combines a proven top down credit scoring process with extensive bottom up fundamental research and active asset selection.
- Typically hold between 50 and 100 holdings which will provide diversification and manage risk within the portfolio.