Well my jaw really dropped this morning when I saw a distribution statement from Perpetual Wholesale Industrial Share fund for a client with a distribution amounting to over 20% of the fund’s value. Perpetual had flagged a higher than usual distribution in their May – “Investing Matters” newsletter but the large distribution still caught most people by surprise.
Please click on the link here to read full article: http://smsfcoach.com.au/2014/07/15/perpetual-makes-move-to-reduce-exposure-to-banks-and-telstra/
