PVSWT is a value oriented, ESG aware Australian equities fund. The fund has a broad-cap focus and leverages the 20-strong Perennial Australian equities research team to identify opportunities across the full spectrum of large, mid, and small cap companies.

The trust has been upgraded by Lonsec from Investment Grade to Recommended. Lonsec’s conviction has increased and is underpinned by the quality and substantial experience of the tripartite portfolio management team, boasting an average experience of 22 years.

Stephen Bruce, Lead Portfolio Manager for PVSWT, said: “We are delighted to have received this rating from Lonsec for our flagship wholesale trust. Our approach has been proven throughout multiple market cycles, and we look forward to building on our 20-year track record. We are particularly excited by the opportunities being presented for fundamental-based investors to add value in the current market environment.”

As at September 2021, the Perennial Value Australian Shares strategy has delivered annualised performance of 9.5% since inception, net of fees.

Lonsec noted the well-resourced and highly experienced investment team, full coverage of the Australian market and “robust and repeatable” investment process.

PCAST, which is available to retail investors, received its first Lonsec rating.

Launched in 2017, the trust invests in a concentrated portfolio of 15-30 companies listed on the ASX, and also employs Perennial Value’s specialist value focus.

Dan Bosscher, PCAST Portfolio Manager, said: “We are pleased that PCAST has received this Recommended rating in its inaugural review by Lonsec. We believe the trust is well positioned to benefit from the post-COVID economic recovery – an environment that offers the potential for significant outperformance for value style investing.”

In its review of the trust, Lonsec said Perennial Value  exhibited many of the characteristics that Lonsec sought in a ‘boutique’ investment manager, including “equity ownership by the investment team, a strong alignment of interests and an investment-oriented culture.”

The post Perennial Value receives Lonsec ‘Recommended’ rating for two trusts appeared first on AdviserVoice.