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 301
AU Rank
Unknown
Sector
N/A
Sector rank
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Operations
All Locations
Australia
Products and/or services of {name}
- 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.
{name} 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