The AMIT regime was established by the Australian Government to provide a qualifying managed investment trust with an exclusive set of tax rules that replaces the existing tax rules. It provides funds with improved flexibility and unitholders greater certainty in relation to their tax treatments.
A managed investment trust that is eligible and elects to adopt the AMIT regime becomes an AMIT.
For more information visit the Australian Taxation Office.
The table below summarises the eligibility of Perennial’s funds to adopt the AMIT regime and the decision exercised by Perennial on whether to adopt the AMIT regime for those funds which are eligible.
|Trust Name||APIR code||AMIT Eligibility||Meets AMIT criteria for FY20|
|Perennial Global Resources Trust||WPC3240AU||Eligible||Yes|
|Perennial Smaller Companies Sustainable Future Trust||WPC5600AU||Eligible||Yes|
|Perennial Concentrated Australian Shares Trust||WPC6780AU||Eligible||Yes|
|Perennial Value Australian Shares Trust||IOF0200AU||Eligible||Yes|
|Perennial Value Emerging Companies Trust||WPC7408AU||Eligible||Yes|
|Perennial Value Future Leaders Trust||WPC1770AU||Eligible||Yes|
|Perennial Value Microcap Opportunities Trust||WPC3982AU||Eligible||Yes|
|Perennial Value Shares for Income Trust||IOF0078AU||Eligible||Yes|
|Perennial Value Shares Wholesale Trust||IOF0206AU||Eligible||Yes|
|Perennial Value Smaller Companies Trust||IOF0214AU||Eligible||Yes|
|Perennial Value Wealth Defender Australian Shares Trust||IOF0228AU||Eligible||Yes|
|Perennial Private to Public Opportunities Fund||WPC8486AU||Eligible||Yes|
Only institutional, sophisticated and wholesale investors, as defined in the Corporations Act 2001 (Cth), may make applications to invest in the Perennial Private to Public Opportunities Fund.
Are you a Wholesale Investor?