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Perennial to Launch Income Generator exchange traded managed fund

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Perennial Value Management is set to launch the eInvest Income Generator Fund (Managed Fund) (ASX: EIGA), an exchange traded managed fund (ETMF) designed to meet the needs of investors seeking a regular, reliable, tax-effective income stream, as well as capital growth over time. The investment philosophy of the eInvest Income Generator Fund will be based on the proven track record of the Perennial Value Shares for Income Trust, which was launched in December 2005. This Trust has generated an 8% per annum gross distribution yield after fees, as well as outperforming the market on a total return basis over its 12 year track record.