FC W Pen-Perpetual TTR Divers Growth

Perpetual invests in a diverse mix of assets. Tactical asset allocation strategies may be applied, involving adjusting its exposure to asset classes within the allocation ranges. Currency is managed at the Option level, accounting for currency exposure arising from underlying investments. Currency management is used to hedge currency for an existing position or create an exposure to a foreign currency. Exposure to foreign currency will be limited to 50% of the gross asset value of the option. Derivatives and exchange traded funds may be used.