PICPerpetual Equity Investment Company
About Perpetual Equity Investment Company
Perpetual Equity Investment Company (ASX:PIC) is a listed investment company (LIC) that invests in a diversified portfolio of Australian and global equities. The company is managed by Perpetual Investment Management Limited, one of Australia's most experienced fund managers. Perpetual Equity invests in a diversified portfolio of Australian and global equities, with a focus on high-quality companies with strong growth potential. The company's investment team uses a rigorous research process to identify and select companies for investment.
What is PIC known for?
Snapshot
Public AU
Ownership
2014
Year founded
1309
Employees
New South Wales, Australia
Head office
1 of 444
AU Rank
Unknown
Sector
N/A
Sector rank
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Operations
All Locations
Australia
Products and/or services of Perpetual Equity Investment Company
- Investment in Australian shares: The LIC provides investors with exposure to a diversified portfolio of Australian shares. The LIC aims to generate long-term capital growth for its shareholders.
- Active management: The LIC is actively managed by a team of experienced investment professionals. The investment team selects a portfolio of Australian shares that are expected to generate strong capital growth.
- Dividend payments: The LIC pays regular dividends to its shareholders. The LIC's dividend policy is to pay out 90% of its net income to shareholders on a semi-annual basis.
- Long-term investment horizon: The LIC has a long-term investment horizon, meaning that the investment team focuses on investing in companies that they believe have the potential to generate strong capital growth over the long term.
- Tax-effectiveness: The LIC is structured as an LIC, which means that it is tax-effective for Australian investors. LICs are taxed at a flat rate of 30% on their income, and shareholders are entitled to franking credits, which can reduce their tax liability.
- Liquidity: The LIC is traded on the Australian Securities Exchange (ASX), which means that investors can buy and sell shares in the LIC at any time during the trading day.
Perpetual Equity Investment Company executive team
- Ms. Amanda AptedExecutive Director
- Mr. Vince Pezzullo BComDeputy Head of Equities & Portfolio Manager of Perpetual Invest Management Ltd
- Ms. Sylvie Dimarco GIA (Cert), L.L.B., M.A.I.C.D.Company Secretary
- Mr. Sean RogerCo-Portfolio Manager - PIC
- Mr. Nick BuismanEquities Analyst of Perpetual Asset Management