ASX Announcement

Third Quarter 2017 funds under management update 19 April 2017

Perpetual Limited (Perpetual) today announced its funds under management (FUM) as at 31 March 2017 were $32.9 billion1, up $1.0 billion on the prior quarter. Net inflows for the quarter were $0.1 billion. Total average FUM for the three months to 31 March 2017 were $31.9 billion.

The largest contributor to the change in FUM over the quarter was market appreciation with the All Ordinaries Index up 3.2%, increasing FUM by $0.9 billion. Perpetual also experienced:

  • $0.8 billion of net inflows into Cash and Fixed Income primarily from the Institutional channel;

  • $0.6 billion of net outflows from Australian Equities primarily from the Institutional and Intermediary channels;

  • $0.1 billion of net outflows from Other asset classes from the retail channel.

    Appendix

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

For more information please contact: Investors: Media:

Neil Wesley Kirsten Allen

General Manager, Investor Relations & Corporate Finance

Senior Manager, Marketing & Communications

Perpetual Limited Perpetual Limited

Tel: +61 2 9229 3449 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 to www.perpetual.com.au

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

Appendix FUM and flows by channel

Channel (A$ billion)

31 Dec 2016

Net Flows

Other2

31 Mar 2017

Retail

5.4

(0.1)

0.1

5.4

Intermediary

15.2

(0.2)

0.5

15.5

Institutional

11.0

0.4

0.3

11.7

Listed Investment Company

0.3

-

-

0.3

Total

31.9

0.1

0.9

32.9

FUM and flows by asset class

Asset Class (A$ billion)

30 Dec 2016

Net Flows

Other2

31 Mar 2017

Australian Equities

23.4

(0.6)

0.8

23.6

Global Equities

1.1

-

0.1

1.2

Listed Investment Company

0.3

-

-

0.3

Total equities

24.8

(0.6)

0.9

25.1

Cash & Fixed Income

6.1

0.8

-

6.9

Other

1.0

(0.1)

-

0.9

Total: all asset classes

31.9

0.1

0.9

32.9

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

31 Mar 2017 (A$ billion)

Intermediary Institutional Total FUM

& Retail

Concentrated

1.3

7.0

8.3

Industrials

5.9

-

5.9

Ordinaries

2.6

0.1

2.7

Ethical

1.2

0.6

1.8

Smaller Companies

0.7

0.5

1.2

Share-Plus

1.4

-

1.4

Other

1.8

0.5

2.3

Total Australian Equities

14.9

8.7

23.6

Cash and Fixed Income

FUM by strategy

31 Mar 2017 (A$ billion)

Intermediary

& Retail

Institutional

Total FUM

Cash / Enhanced Cash Credit / Fixed Income

0.6

3.1

2.8

0.1

3.4

3.2

Sub-total

Exact Market Cash

3.7

2.9

6.6

0.3

Total

6.9

Perpetual Limited published this content on 19 April 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 18 April 2017 23:50:14 UTC.

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