ABOUT CENTURY AUSTRALIA
Century Australia is a listed investment company providing investors with access to the investment style and expertise of Perennial Value Management, one of Australia's leading boutique funds management companies with a long standing performance record.

INVESTMENT OBJECTIVE
The investment objective of the Company is to provide long-term capital growth and income by investing in quality, undervalued Australian companies.

INVESTMENT PHILOSOPHY
Perennial Value is an active Australian equities manager whose investment process is based on a 'value' stock picking investment style. Perennial Value believes that investment markets are not fully efficient, with asset prices sometimes driven by irrational influences. Perennial Value aims to invest in "good businesses that are under-valued" with an underlying belief that good businesses are eventually recognised by markets and re-rated to overall market multiples.

The cornerstone of Perennial Value’s investment process is a strong emphasis on proprietary company research. The aim is to develop a detailed understanding of each company before committing investors' funds. The process aims to ensure that investment decisions are focused on buying stocks which offer good value and selling stocks which are considered poor value.