Manager Research
We provide detailed institutional-quality global investment manager research and fund ratings. Based in South Africa and the UK,
all members of our manager research team have over ten years of investment experience.
all members of our manager research team have over ten years of investment experience.
Perpetua announced significant changes to the fees they charge on their funds. The change comprises two elements:
- Performance fees across all their retail funds were removed when the funds changed manco’s from MetCI to SCI in November 2017. The balanced fund charged a 15% performance fee over a composite benchmark and the equity fund charged a 20% fee for outperforming SWIX.
- The annual management fees on the A class funds will be reduced dramatically early in 2018. The A class fee on the balanced fund will be reduced from 1.1% to 0.65% and from 1.1% to 0.75% on the equity fund.
- All other fee classes will then be merged into the retail A class, which will be made available on platforms. Going forward, only the A class will therefore be on offer to retail investors.
The reduction in annual management fees and removal of the performance fee component is a major benefit to investors and it is encouraging to see a fund manager take meaningful steps to reduce the overall cost to clients.
Summary:
| Old Fee | New Fee | |||
| Annual Management Fee | Performance Fee | Annual Management Fee | Performance Fee | |
| Perpetua SCI Balanced Fund | 1.1% | 15.0% | 0.65% | 0.0% |
| Perpetua SCI Equity Fund | 1.1% | 20.0% | 0.75% | 0.0% |
Perpetua announces material fee reductions on their funds
13 Dec 2017