Fixed income
DIFF
Perpetual Diversified Income Active ETF · Perpetual
A managed mix of income-producing securities — mostly investment-grade corporate bonds and other credit, plus cash — rather than company shares.
What the fee costs you
The management fee is 0.59% a year. Here’s what that works out to in dollars:
A 0.59% yearly fee works out to about $59 a year per $10,000 invested.
A rough guide based on the headline fee only. Other costs (such as brokerage or buy/sell spreads) aren’t included.
The basics
- Issuer
- Perpetual
- Asset class
- Fixed income
- Number of holdings
- ~100–200
- Where it invests
- Primarily Australian income and credit securities (it's measured against an Australian cash benchmark).
- Income paid
- Quarterly
- Currency hedged
- N/A — It focuses on Australian-dollar income securities, so there's little foreign-currency exposure.
Its character
Unlike most funds here, a manager actively chooses what it holds rather than tracking an index. It sticks mainly to higher-quality (investment-grade) borrowers, with up to a quarter in higher-yielding, lower-rated credit, and keeps its sensitivity to interest-rate moves low by holding short-dated securities. The aim is steady income a little above cash.
What to keep in mind
Built for income and stability rather than growth, so it typically moves far less than a share fund — but it isn't risk-free. Its main risks are the borrowers it lends to running into trouble (credit risk) and, to a smaller degree, moves in interest rates. It can still fall in value, particularly if credit markets come under stress.
Income
Income is the whole point: it pays quarterly distributions from the interest its bonds and credit holdings earn.
How this fund relates to others
The only income/credit fund on the shelf — it holds bonds and credit rather than shares, so it sits in a different part of the market from the share funds and doesn't overlap with them.
Figures last verified 2026-06-13against the issuer’s factsheet and PDS.