ASIC places interim stop orders on two Perpetual Funds
ASIC has issued interim stop orders preventing Perpetual Investment Management Limited (Perpetual) from offering or distributing two funds to retail investors because of deficiencies in their target market determinations (TMDs). These funds are: Perpetual Pure Microcap Fund (ARSN 164 986 047); and Perpetual Geared Australian Share Fund (ARSN 103 864 688) (together, the funds). The …
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