ASX Announcement

Second Quarter 2018 funds under management update

15 January 2018

Perpetual Limited (Perpetual) today announced Perpetual Investments' funds under management (FUM) as at 31 December 2017 were $32.8 billion1, an increase of $1.8 billion on the prior quarter. Net outflows for the quarter were $0.2 billion. Total average FUM for the three months to 31 December 2017 were $32.0 billion.

The increase in FUM of $1.8 billion over the three months to 31 December 2017 was attributable to:

  • • Asset growth of $2.1 billion offset by $0.1 billion of semi-annual distributions (net of automatic re-investments).

  • • $0.2 billion of net outflows from Australian Equities, primarily from the Intermediary Channel.

Appendix

  • FUM and flows data by channel, asset class and strategy.

For more information please contact:

Investors:

Media:

Andrew Ehlich

Kristen Allen

General Manager, IR & Corporate Finance

General Manager, Corporate Communications

Perpetual Limited

Perpetual Limited

Tel: +61 2 9229 9081

Tel: +61 412 759 753

About Perpetual

Perpetual is an independent financial services group operating in funds management, financial advisory and trustee services. Our origin as a trustee company, coupled with our strong track record of investment performance, has created our reputation as one of the strongest brands in financial services in Australia. For further information, go towww.perpetual.com.au

1 All figures in this update are in Australian dollars and are rounded.

Perpetual Limited ABN 86 000 431 827

Angel Place, Level 18, 123 Pitt Street Sydney NSW 2000, Australia

Tel +612 9229 9000

Fax +612 8256 1494

Appendix

FUM and flows by channel

Channel (A$ billion)

30 Sep 2017

Net FlowsOther2

31 Dec 2017

Retail Intermediary Institutional

Listed Investment Company

5.2 15.3 10.2 0.3

- (0.2)

0.4 5.6

0.9 16.0

- -

0.7 10.9

- 0.3

Total

31.0

(0.2)

2.0

32.8

FUM and flows by asset class

Asset Class (A$ billion)

30 Sep 2017

Net FlowsOther2

31 Dec 2017

Australian Equities Global Equities

Listed Investment Company

21.8 1.3 0.3

(0.2)

1.7 23.3

- -

0.1 1.4

- 0.3

Total equities

23.4

(0.2)

1.8

25.0

Cash & Fixed Income Other

6.7 0.9

- -

0.1 6.8

0.1 1.0

Total: all asset classes

31.0

(0.2)

2.0

32.8

2 'Other' includes changes in market value of assets, income, reinvestments, distributions, and asset class rebalancing within the Group's diversified funds.

Channel definitions: Retail includes FUM from advisers and individual clients who invest with Perpetual directly; Intermediary includes FUM from financial advisers who invest with Perpetual via external platform providers; Institutional includes industry superannuation funds and clients who invest large sums.

Australian Equities

FUM by strategy

Intermediary

Institutional

Total FUM

31 Dec 2017 (A$ billion)

& Retail

Concentrated

1.2

6.9

8.1

Industrials

5.7

-

5.7

Ordinaries

2.5

0.1

2.6

Share-Plus

1.7

-

1.7

Ethical

1.3

0.1

1.4

Smaller Companies

0.8

0.5

1.3

Other

1.9

0.6

2.5

Total Australian Equities

15.1

8.2

23.3

Cash and Fixed Income

FUM by strategy

Intermediary

Institutional

Total FUM

31 Dec 2017 (A$ billion)

& Retail

Cash / Enhanced Cash

1.0

2.4

3.4

Credit / Fixed Income

3.0

0.1

3.1

Sub-total

4.0

2.5

6.5

Exact Market Cash

0.3

Total

6.8

Perpetual Limited

Tel +612 9229 9000

ABN 86 000 431 827

Fax +612 8256 1494

Angel Place, Level 18, 123 Pitt Street Sydney NSW 2000, Australia

Perpetual Limited published this content on 15 January 2018 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 14 January 2018 23:34:10 UTC.

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